Impact of Model Tenancy Act on Real Estate Rentals
Garima Rajput
Garima Rajput

Impact of Model Tenancy Act on Real Estate Rentals

Zeebiz.com, 18 July, 2019: Nakul Mathur, MD at Avanta India said, "The model act looks favorable to both tenants and landlords but there are some challenges that can be faced such as the cap on the security deposit might turn out to be a pain-point for landlords especially in cities where a multiple month's security deposits is an accepted norm. Another scenario is where tenant defaults on rent payment or damages the property then a two-month security deposit might not cover the expenses of repairs or losses to the landlord in case of non-payment of rent." avanta in news Read full story at: https://www.zeebiz.com/companies/news-model-tenancy-act-real-estate-developers-expect-a-boom-in-the-rental-business-105934

About the Author

Garima Rajput

With over 15 years of experience in the flexible workspace industry, I lead the strategic marketing of Avanta’s workspace solutions, including Serviced Offices, Coworking Spaces, Managed Offices, Hot Desking, and Virtual Offices. I focus on creating informative content and industry insights to strengthen brand authority and help businesses choose the right workspace solutions.

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