I had a query
Nowadays in most cases the landlord does only 11 months agreement with a tenant.
Suppose, Mr.A takes a commercial space on rent with an usual 11 months agreement and makes a showroom say KFC, investing Rs. 1 crore on interiors etc.
Now if after 11 months at the time of renewal, the landlord says to Mr.A
Case1: either to doube the rental citing increase in market rate or vacant the space.
Case2: the landlord needs the space for his personal use and so Mr.A will have to vacant the space on 3 months notice.
In such cases what safeguards does a tenant has. Please explain. As I am thinking to take a commercial space on rent.
Sir what u suggested is not a solution, as this is what one will have to do in case dispute arise. I was asking about solution that one should follow while taking a property on rent. Something that big retail chains like big bazar and others must be following. So that chances of such dispute arising is minimal.