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In order to rent or lease in many apartment buildings, a renter (also referred to as a “lessee") is often required to provide proof of renters insurance before signing the rental agreement. There is a special type of the homeowners insurance in the United States specifically for renters — HO-4.
The Maharashtra Housing Board (MHB) was established in 1948 and had a jurisdiction over the entire State of Maharashtra except for the Vidarbha region. This body undertook construction of residential buildings under various housing schemes for different sections of society.
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.
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]
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
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.
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