Key Points
With various neighbourhoods in Bengaluru, considered Indias Silicon Valley, seeing a double-digit spike in property rents since 2019 and an increase in disputes, calls for the adoption of The Model Tenancy Act in the poll-bound Karnataka state have seen a marked increase.. Karnataka's citizens will queue up at poll booths tomorrow to elect the next government in the southern state..
While the political parties have offered freebies ranging from gas cylinders to food grains, affordable housing and real estate pricing policies remain a worry, particularly for those in Bengaluru...
Largely, residential concerns are a major sore issue among tenants of Bengaluru Urban, the richest district in Karnataka..
The Central government adopted the Model Tenancy Act in June 2021 and sent it for circulation to all the States for adaptation by way of enacting fresh legislation or amending the existing rental laws suitably...
Karnatakas Revenue Minister R Ashoka back in July 2021 said that the state government was planning to introduce the Model Tenancy Act, aimed at ending tenant-owner disputes and aiding the rental housing sector...
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