Hello guys,
i am new member to this fouram and i am quit happy to see positive responces from experiencedpeople here.
So, comming to a point my questions are
situation : we had a old ancester comercial property in heart of a city its around 8000sq ft,
As i was out for the studies and my father was expired few years ago there was no one to look after it collect rents and pay property tax.
Now i have seen the rent is very low only 400rs/month which is not sufficient to pay property tax also.
q1-) Is ther any way to increase rent and make to pay rent for non paying tenents?
q2-) can i just sell that property without the concent of tenents?
q3-) Can i convince them to make new agreement for 11 months?
by the way i am from mahashtra state.
help me out.