I own a property in Indirapuram (Ghaziabad). I rented it for last 11 months and the agreement was made on Rs. 50/- stamp paper. We are planning to renew the contract.
I would like to know, is it fine to renew on 50/- Non Judicial Stamp Paper or should I purchase for higher value this time? and is it safe for any legal action against property disputes?
I have also heard about registered agreement in court, any highlights will be appreciated. Should I opt for this?