b. its successor in interest,
c. or a trustee, guardian or receiver receiving rent for a
premises on behalf, on account of or for the benefit of a person
ineligible to enter into contracts.
Premises-
b. parking, garage or grounds, out houses, appertaining to
building,
not including
d. hotels, lodging dharamshala, inn
e. owned or promoted by government, government entities, cantt,
religious, charitable institutions, owned by trust, wakf,
f. given on rent to employees as per service contract,
g. premises of public interest, as may be notified.
Points e, f, g can be covered voluntarily.
Tenant or ‘Lessee -
b. on whose behalf or on whose account, rent is payable for any
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The Model Tenancy Law has been prepared by the Ministry of
Housing and Urban Affairs with an objective to balance the
interests and rights of the landlords and tenants. Chapter VI of
the Model Tenancy Law deals with the Rent Authorities, their power
and procedure for appeals and Chapter VII of the Model Tenancy Law
deals with Rent Court, Rent Tribunal, procedure to be followed in
rent court and rent tribunal, powers of the rent court and rent
tribunal, procedure for appeal to the rent tribunal.
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India s real estate market is said to grow to INR 65,000
crore (US$ 9.30 billion) by 2040 from INR 12,000 crore (US$ 1.72
billion) in 2019. Real estate sector in India is expected to reach
a market size of US$ 1 trillion by 2030 from US$ 120 billion in
2017 and contribute 13% (thirteen percent) to the country s GDP
by 2025. Retail, hospitality, and commercial real estate are also
growing significantly, providing the much needed infrastructure for
India s growing needs. Indian real estate increased by 19.5%
CAGR from 2017 to 2028.
1
The recent trends in the real estate market required
Dubai: Is subletting legal in Dubai? And if so, what are the procedures you need to follow to sub lease a part of your home to someone else? These were the questions raised by a Gulf News reader.
He wrote in to Gulf News, asking: “I am living in Dubai in a two-bedroom apartment. My family moved back to India a few months ago, and I now have a spare bedroom. I do not wish to move out of the apartment, as we like it a lot and my family may return to the UAE to join me later. However, in the meantime, a friend of mine wanted to move in and said that he would pay the rent for the one room in which he will be living. I wanted to know if it is legal for me to let my friend live with me under this arrangement. I have the Ejari under my name, do I need to apply for a permit? If yes, what is the process and will it be expensive? Please advise.”
Economy in 2021: How to Accelerate Recovery?
Strengthening the confidence of economic agents through a solution to the problem of public finances and moving forward with the process of vaccinating the population are key factors for the Costa Rican economy to recover quickly in the new year.
Monday, January 4, 2021 The spread of covid-19 and the restrictions imposed at the local and global levels severely affected most of Costa Rica s productive sectors, to the extent that the unemployment rate climbed to historical levels, several businesses were closed and economic activity fell sharply.
Despite that from the second half of 2020 authorities began to remove restrictions on economic activities, the economic recovery process has been full of ups and downs, a situation that produces uncertainty.