During the renewal of a lease, if the Landlord and Tenant cannot agree on a new Rent amount, the matter can be referred to the Rental Disputes Settlement Centre (RDSC). The tribunal has the authority to determine the fair Rent based on the rental va…
During the renewal of a lease, if the Landlord and Tenant cannot agree on a new Rent amount, the matter can be referred to the Rental Disputes Settlement Centre (RDSC). The tribunal has the authority to determine the fair Rent based on the rental value of similar properties in the same area. In making this decision, the judge considers the property's condition and the official Rent Index approved by RERA. This process ensures that Rent adjustments remain fair and aligned with current market standards.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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