The Union Cabinet on Wednesday approved the Model Tenancy Act, aiming to bring about wide-ranging reforms, including setting up of separate rent authorities, courts and tribunals in every district to ...

"The mandatory signing of the Tenancy Agreement will make the relationship between landlord and tenant more formal." "The model law also seeks to do away with the arbitrary practice of asking ...

Model Tenancy Act would facilitate the creation of adequate rental housing stock for all the income groups, the Centre said(iStock Photo) The central government on ...

With the Union Cabinet giving its nod to the Model Tenancy Act for circulation among states and union territories, housing experts including developers have welcomed the move. The model legislation ...

With the motive of opening up the rental housing market of India, the Union Government has recently passed the ‘Model tenancy Act’ 2021. The Model Tenancy Act aims to enforce a transparent ecosystem ...

The Union Cabinet approved the Model Tenancy Act on June 2, 2021 that aims to streamline the legal framework for the process of renting a property in India. The centre had released a draft of the law ...

The Cabinet on June 2 approved the Model Tenancy Act for circulation to the States/Union Territories for adoption. It will facilitate unlocking of vacant houses for rental housing purposes. As per ...

Abhishek Trehan, Director, Trehan Iris. The Model Tenancy Act represents the government’s efforts to institutionalize rental housing by progressively bringing it into the legal market. The government ...

The sector is facing major challenges on liquidity squeeze, ease of doing business, land acquisition, lack of skilled workforce, and higher development rates, it added. Realtors’ body NAREDCO Monday ...

NEW DELHI: Realtors' body NAREDCO Monday said the proposed model tenancy law, if implemented by all states, will promote rental housing in a big way and it expected builders to construct at least 50 ...