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Model Tenancy Act is a step in right direction, but no magic wand

A fully built home lying vacant is a massive waste of money and resources at the macro level. These are resources that could easily be used somewhere else ....

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Model Tenancy Act approved by Cabinet to create inclusive rental housing market

Highlights
States will have to enact fresh legislation or amending existing rental laws suitably.
The Model Tenancy Act aims at creating a vibrant, sustainable and inclusive rental housing market in India.
New Delhi: The Union Cabinet on Wednesday (May 26) approved the `Model Tenancy Act` in a bid to help overhaul the legal framework with respect to rental housing across the country. The cabinet meeting was chaired by Prime Minister Narendra Modi.
The decision has been circulated to all states and Union Territories for adoption. They will have to enact fresh legislation or amending existing rental laws suitably. It (the model act) will help overhaul the legal framework with respect to rental housing across the country, which would help spur its overall growth, an official statement said. ....

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Cabinet approves Model Tenancy Act, Hardeep Puri says it will provide regulatory framework to rental housing

The Union Cabinet has approved the Model Tenancy Act. The government says this Act will provide an overhaul to the legal framework on rental housing and encourage private participation. ....

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What is Model Tenancy Act; how tenants, landlords will be benefitted [details]

The Model Tenancy Act aims at creating a vibrant, sustainable and inclusive rental housing market in the country, and to enable the creation of adequate rental housing stock for all the income groups, thereby addressing the issue of homelessness. ....

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