Property management in Chennai is the process of overseeing the day-to-day operations of a rental property. This can include tasks such as finding tenants, collecting rent, maintaining the property, and resolving tenant disputes. Property management companies in Chennai can offer a variety of services, depending on the needs of the property owner. Some common services…
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Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
CHENNAI: Though the recently introduced new Tenancy Act in Tamil Nadu mandates compulsory registration of all rental agreements, the Madras high court has clarified that not registering the agreements would not be bar for the rent courts to entertain applications for termination of tenancy or repossession of rented premises. “Section 4 (2) of the Tamil Nadu Regulation of…
Read MoreComing soon, 11-month rent agreement in Tamil Nadu Image used for representational purpose. CHENNAI: Your rental agreement is set to undergo a sea change after Tamil Nadu implements the Centre’s Model Tenancy Act. Changes include the mandatory registration of all rental agreements over 11 months in period or `50,000 in value, advance amount to be…
Read MoreGovt seeks powers to levy GST on all rental income HIGHLIGHTS GST unlikely to be impoised on individuals renting out homes Currently, service tax is levied on rental income from commercial property only GST rate on housing is expected to be pegged at 18% Rent from residential premises may be exempted from GST. The government…
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