How to Increes rent?

Querist : Anonymous (Querist) 21 August 2010 This query is : Resolved
My father let out shop on premium basic (pagadi) .which is non-registrered. rent we get is only 30% of current market rate. what action should we take? how?

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s.subramanian (Expert) 21 August 2010
File a petition for fixation of fair rent before the rent controller.

Shashikant V. Patil (Expert) 21 August 2010
Otherwise, you can ask to your tenant for increasing rent as per prevailing market rate. Or tell him to execute registered leave and license agreement for specific period.

DEFENSE ADVOCATE.-firmaction@g (Expert) 21 August 2010
No way to increase rent at market rates, it is criminal offense against the landlord in mostly all State rent acts.

Depending on which state you live the related rent act provides for about 5% increase that too after intervals of years.

Consult local advocate throughly conversant with rent act.

G. ARAVINTHAN (Expert) 21 August 2010
Consult a lawyer and move an application for fixing fair rent

Rajeev kulshreshtha (Expert) 21 August 2010
File a petition for fixing standard rent according to your states rent law.

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