GOOD ARTICLE ON MAHARASHTRA RENT CONTROL ACT- Part 1
S.2 Application:
This Act shall apply to premises let for the purposes of residence, education, business, trade or storage.
S 3 Exemption:
1) This Act shall not apply:
a) to any premises belonging to government or local authority.
b) to any premises let out to banks, any public sector undertakings or any corporation, foreign missions, international agencies, multi-national companies and private limited companies and public limited companies having paid up capital of Rupees one crore or more.
