Fair rent calculation

Balaji (Querist) 06 February 2016 This query is : Resolved
Dear sir, 5 Years back i have rented Empty land of 6 acres in East coast road Near Mahabalipuram for 1,80,000/- Per Month, I feel that we have agreed for very low rental.The land valve is about 3Cr/Acre.
The rent agreement is registered for 25years.

My Question is that

Is there any chance of asking for increase in rent ?and what is the actual rent we deserve.?

Please advise.

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rajagopal.s (Expert) 12 February 2016
Hi
You can check the Fair rental value at the Sub-Registrar office (since it is vacant land).

Or you can try the Municipal office if it is in municipal limits or panchayat office if it is in panchayat limits.

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