Seven years after the country authorities put into effect a revised lease policy wherein leases on its lands had been brought on par with market charges, 12 housing societies at Malabar Hill have moved the Bombay High Court insisting they’ll keep paying the annual rent of Rs 7 fixed for the reason that beyond 99 […]
Category Archives: Property to Rent
A New Marriott Division Goes Head-to-Head With Airbnb
With resort groups feeling the opposition from the surging domestic-percentage industry led by way of Airbnb, Marriott International has determined if you may beat them, join them. The enterprise, whose manufacturers span from the bargain Courtyard by using Marriott to the cosseting Ritz Carlton, is increasing a domestic-sharing experiment right into a complete-fledged division as […]
Dubai thinking about 3-year hire freeze on new contracts
Dubai: The Dubai Land Department is considering a suggestion on a no-condominium hike provision for 3 years after the signing of a lease settlement among landlord and tenant. “The Dispute Resolution Committee is analyzing such a suggestion, but no selection has been taken at the ‘if and when’ to roll it out,” a spokesperson said. […]
Things to recollect earlier than becoming an Airbnb host
Two years in the past, Anirudh Rajan and his spouse Hardika, each 34, left their full-time jobs in Mumbai and decided to settle in Goa and begin an Airbnb. “If the belongings are carried out up, an Airbnb can get you twice what a popular condominium gets you,” said Rajan. They let loose 3 rooms […]
Tenants Can Be Evicted Only By Following Procedure Laid Down In Applicable Rent Control Laws: SC
“Restrictions on the healing of possession of the premises let loose to the tenants had been imposed for the benefit of the tenants as a count number of legislative coverage” The Supreme Court has determined that the protection offered to a statutory tenant by using Rent Control Laws can simplest be triumph over by following […]
Kerala’s vacant homes are excessive on nostalgia, now not on returns
Drive down the coastal belt of Kerala, and you may find the panorama dotted by means of huge unbiased homes, built in conventional style. A normal metropolitan resident may additionally, possibly, envy the folks that stay in those houses. But take a better look, and you will discover that many of these today are lying […]
‘This is discrimination!’: Outrage over plush Melbourne domestic that the owner will only lease out to VEGANS
A property owner has put their assets up for lease and refused to permit everybody however vegans to stay in the house. The assets in Frankston, south-east Melbourne, turned into marketed as fully furnished, with 4 bedrooms and 3 toilets. But the luxurious home turned into made off-limits to meat eaters. ‘House is only for […]
Housing disaster: Are cities unaffordable?
Her youngsters – a female, 12, and boy elderly nine – are at their dad’s residence for the day and Joy is reflecting on her living arrangements, which aren’t perfect. “I am snoozing within the dwelling room in a bunk mattress in order that my son and daughter could have a bedroom each,” she tells […]
Railway arches offered off with out a idea for tenants, says watchdog
A £1.46bn sale of Network Rail’s assets portfolio to private area shoppers changed into carried out without attention of the impact at the lives and livelihoods of heaps of sitting tenants, Whitehall’s spending watchdog has discovered. The National Audit Office (NAO) additionally found that the lease charged for five,261 properties bought to Telereal Trillium and […]
Exclusive: Foreign government rentals at Trump World Tower stir extra emoluments concerns
The U.S. State Department allowed at the least seven overseas governments to lease luxurious condominiums in New York’s Trump World Tower in 2017 without approval from Congress, in line with files and those familiar with the rentals, a capacity violation of the U.S. Constitution’s emoluments clause. The ninety-tale Manhattan building, part of the actual estate […]