Tamil Nadu Buildings (Lease and Rent Control) Act, 1960
(Redirected from Rent Control Act)
Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 is act of Government of Tamil Nadu. Tamil Nadu, a state in India, has an exclusive Rent Control Act where the state government has the exclusive jurisdiction to legislate on the subject.[1][2]
Provisions
[edit]- For Residential building, Annual rent can be 6 to 9 per cent of total cost of the building at the time construction.
- For Non Residential building, Annual rent 9 to 12 per cent of total cost of the building at the time construction.
- Maintenance charges can be 10 per cent of the rent.
- Tenant need not pay the owner for property tax.
- Additional 15% rent for a furnished house.
See also
[edit]References
[edit]- ^ "Rental laws and gains". Business Line. 4 June 2006. Retrieved 23 September 2011.
- ^ "Protection against unreasonable eviction". The Hindu. 29 May 2004. Archived from the original on 28 June 2004. Retrieved 23 September 2011.
- ^ "Tamil Nadu Government Laws & Rules". tn.gov.in. Retrieved 13 December 2014.
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