Unregistered lease/ rent deed

Dear Experts,

I would like to know that what, in the eye of law, would be the duration of an 'unregistered lease' of an open piece of land where 'No Duration' is mentioned?

The document just says,
- that a (very nominal) fixed rent should be paid to the landlord every month, which landlord will never increase.
- that if tenant fails to pay the rent, landlord will have a right to re-enter.
- that the tenant will have a right to construct 'any type' of building on the land for his own use or for renting it out.
- that if in future, the landlord would need the property of for his own use, he would pay the tenant his incurred expenses (on the the land) and can get the property back.

It has no mention of any period for which land is rented out, no premium taken and it is unregistered.

Thanks
Quadir

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