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RENTAL AGREEMENT CLAUSES
In Gurgaon's rent scam, tenants claim losing Rs 70,000 and being thrown out of flat at nightGurgaon tenants faced a financial crisis after a property manager allegedly pocketed their rent and security deposit. The actual owner disc...
Boston Scientific leases over 1.3 lakh sq ft office space in Pune’s WakadBoston Scientific has leased over 1.3 lakh sq ft of office space in Pune for its global capability centre, signing a nearly 9.5-year lease....
McKinsey inks 10-year lease in Mumbai’s BKC; deal ranks among India’s costliestMcKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex. The deal involves high rental rates, reflecting sustained d...
Welspun Enterprises picks up 4.5 lakh sq ft office space in Pune’s HinjewadiWelspun Enterprises has secured a significant office space deal in Pune's Hinjewadi IT hub. The company leased over 4.5 lakh square feet of...
No campus housing? Key renting rules for Indian students in the USIndian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...
Meta’s India arm renews Mumbai BKC office lease in over Rs 200 cr rental dealFacebook India Online Services, a Meta Platforms Inc. subsidiary, has renewed its office lease at Mumbai's One BKC. The company will pay ov...
MRF leases 3.85 lakh sq ft warehousing space in Pune’s MawalMRF leased 3.85 lakh sq ft of warehouse space in Pune's Mawal area from NDR Tradehouse in a 10-year deal. The lease includes a Rs 1.05 cror...
Misuse of PAN for fake HRA claims under I-T dept radar: What should landlord do in case of a fake claim?Fake HRA Claims: If a tenant is using someone else's PAN to make a fake HRA claim, then without doubt the tenant would get into trouble, ho...
Rent agreements must have these clauses to protect landlord's rightsTo avoid facing a situation of errant tenant, it is important for a landlord to mention these clauses in the rent agreement. These clauses ...
Paying rent less than Rs 50K but sharing flat with others? You could be liable to deduct TDSIf a tenant is paying an rent of more than Rs 50,000 to his/her Indian resident landlord then TDS must be deducted. However in case a flat ...
Byju’s leases office space in Mumbai’s Andheri at Rs 1.67 crore annual rentThe company will be paying an annual rental of Rs 1.67 crore for this office space. The lease agreement includes an escalation clause to re...
Apple India renews 3 leases for office in Mumbai’s Bandra-Kurla ComplexThe company has renewed the leases through three agreements with landlord Agni Commex LLP for offices on the 6th, 7th and 8th floor of the ...
Dharma Productions inks office lease renewal pact with Karan Johar, group companyThe company has leased the space from the company’s director Karan Johar and one of the affiliated companies Yashwan Productions, who are t...
Once bitten, twice shy: More rental deals now factor in lockdown disruptionsAfter last year’s nationwide lockdown, commercial rental agreements have undergone an important change — the inclusion of clauses that prov...
5 things to check in your rent agreementCovid-induced disturbances took a toll on the residential rental market but the situation is improving. While this is the ideal time to sea...
Lawyers redraw rent agreements with new ‘lockdown’ clause after 'disputes' over paymentThe new agreements are being drafted for both residential and commercial properties as both -- property owners and tenants -- seek clarity ...
Cognizant arm rents 3.5 lakh sqf at DLF IT park in KolkataCognizant has leased the office space for nine years and the facility would underpin its expansion in India, said multiple people with dire...
MEA gets flak from CAG over Rome Chancery building hiringCAg says the Mission and the Ministry failed to purchase building for Chancery in Rome despite requisite permission by the Committee on Non...
5 guidelines if you are planning to redevelop the housing societyStakeholders of these societies often lack the information they need to make an informed call on which developer to enlist.
TDSAT asks BSNL not to hike infrastructure charges retrospectivelyTDSAT in an interim order has asked state-controlled firm BSNL not to increase infrastructure charges retrospectively from April 2009.