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A rental agreement or lease may include a "rent review" clause which makes provision for the rental amount to be increased, the process for the landlord to provide notice of a rent increase and the options available to the tenant regarding acceptance or rejection of the proposed increase. [3]
MHADA is a statutory housing authority and a nodal agency under Ministry of Housing, Government of Maharashtra. [1] The Maharashtra Housing & Area Development Authority (MHADA) was established by the Maharashtra Housing and Area Development Act, 1976. It came into existence on 5 December 1977.
The number of migrants to Mumbai from outside Maharashtra during the 1991–2001 decade was 1.12 million, which amounted to 54.8% of the net addition to the population of Mumbai. [ 11 ] Over 7 million people, over 42% of the population of Mumbai, live in informal housing or slums, yet they cover only 6–8% of the city's land area.
NMMC is considered one of the most efficient Municipal Corporation in India.Till 2014, the NMMC was headquartered in an eight storied building in CBD Belapur.In 2014, construction of a new civic building was complete and NMMC decided to lease out the old premises after moving into the new one. [4]
The MMRDA was created on 26 January 1975 under the Mumbai Metropolitan Region Development Authority Act, 1974 Government of Maharashtra. The agency is responsible for planning and coordination of development activities in the Region.
Renting, also known as hiring [1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord.