My family has been renting out a portion of our ground floor since the 1950s for a very low rent of just ₹200 per month. The current market value for this space is closer to ₹10,000 per month. How can I raise the rent to a fair level? To make matters worse, the tenant has been using another part of the property without our permission, claiming an understanding with a previous tenant. What legal options do I have in this situation?
Best Answer
You can legally raise the rent to a fair market value after giving the tenant a proper notice period, typically 6 months. However, you’ll need to initiate legal proceedings to evict the tenant from the unauthorized portion and to reclaim possession of that space. Consult a lawyer to understand the specific legal procedures and necessary documentation.
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