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New Rent Rules 2025: Model Tenancy Act Clause -Rights That Tenants, Landlords Must Know

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New Rent Rules 2025: Model Tenancy Act Clause -Rights That Tenants, Landlords Must Know


New Rent Rules 2025: The Model Tenancy Act, 2021 is reshaping the rental landscape in India, bringing long-needed clarity, fairness and legal protection to both tenants and landlords. With rules on security deposits, written agreements, inspection rights, repairs and evictions now standardised, the Act aims to end informal practices and reduce disputes. As more states adopt its provisions, understanding these new guidelines has become essential for anyone renting or leasing property in India. Here are key pointers you must know:

1. Security Deposit Limits

* For residential properties, landlords cannot ask for more than two months’ rent as a deposit.

* For commercial properties, the maximum is six months’ rent.

* The deposit must be refunded when the tenant vacates, after deducting any legitimate dues.

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2. Written & Registered Agreement Is Mandatory

* Every tenancy must have a written rental agreement.

* It must be digitally stamped and registered online with the Rent Authority within two months of signing.

* No verbal or informal rental arrangements are allowed.


3. When Landlords Can Enter the Property

* Landlords must give at least 24 hours’ written notice before entering the property.

* Entry is allowed only for:

– repairs,

– inspection for habitability, or

– any reason clearly mentioned in the rental agreement.

* Entry cannot happen before sunrise or after sunset.

No notice is needed only in emergencies like fire, flood, earthquake, etc.

4. Eviction Rules Are Strict and Legal

* Tenants cannot be evicted without applying to the Rent Authority.

* Valid eviction grounds include:

– not paying rent for two consecutive months,

– misusing or damaging the property,

– making structural changes without permission.

If tenants stay after the agreement ends, they must pay enhanced rent.

5. Repairs & Maintenance Responsibilities

* Landlord must handle major structural work, including:

– painting,

– plumbing pipe replacements,

– major electrical wiring,

– structural repairs.

* Tenant must handle routine repairs, including:

– taps, drain cleaning, WC repairs,

– switches, geyser and small fixtures,

– garden and open space maintenance.

If the landlord doesn’t do essential repairs within 30 days of being notified, the tenant may fix it and deduct the cost from rent.

If the house becomes uninhabitable and the landlord refuses repairs,

the tenant can vacate after 15 days’ notice.

6. Rent Revision Rules

* Rent can be increased only once in 12 months. Landlord must give 90 days’ prior written notice before revising rent.

7. Harassment or Unlawful Actions Are Punishable

* Landlords cannot (without following legal process):

– change locks,

– cut electricity or water,

– threaten the tenant, or

– forcibly evict them

These actions are punishable under the Act.



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Warburg to list housing finance company purchased from Shriram – The Times of India

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Warburg to list housing finance company purchased from Shriram – The Times of India


Mumbai: Warburg Pincus-backed housing finance company Truhome Finance ( formerly Shriram Housing) has filed draft papers with capital markets regulator SEBI to raise Rs 3,000 crore through an initial public offering.The IPO will comprise a fresh issue of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore and an offer for sale of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore, according to the draft red herring prospectus filed with SEBI. The offer for sale will be undertaken by promoter selling shareholder Mango Crest Investment, which plans to offload shares worth up to Rs 1,500 crore.Truhome Finance plans to use the net proceeds from the fresh issue to augment its capital base to support future capital requirements, including onward lending and general corporate purposes. The funds will also help the company comply with RBI’s capital adequacy norms as its business expands.The company said the proceeds are expected to be deployed over the financial years ending March 31, 2027 and March 31, 2028.JM Financial, IIFL Capital Services, Jefferies India and Kotak Mahindra Capital Company are the book running lead managers to the issue.Warburg Pincus completed its acquisition of Shriram Housing Finance (SHFL) from Shriram Finance and other sellers in December 2024 for approximately Rs 4,630 crore, marking a strategic shift in India’s housing finance sector.



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Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns

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Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns


Signs are seen at the Live Nation NYC headquarters on May 23, 2024 in New York City. 

Michael M. Santiago | Getty Images

Live Nation Entertainment has reached a settlement with the Department of Justice over antitrust concerns surrounding its Ticketmaster platform, a senior DOJ official said Monday.

The settlement would see Ticketmaster unwind some of its exclusivity agreements with musical artists and open up the ticketing industry to greater competition. It still needs approval by more than 20 states that had filed suit and by the court.

As part of the settlement, Ticketmaster will offer a standalone third-party ticketing system for other companies like SeatGeek to use its technology. Live Nation has also agreed to divest at least 13 of its amphitheaters and will no longer be able to require artists to use other Live Nation products tied to its venues. It has also agreed to pay roughly $280 million in civil penalties.

Shares of Live Nation rose 5% in morning trading. Live Nation and Ticketmaster did not immediately respond to requests for comment.

Ticketmaster has long faced criticism that its dominance in the live events and ticketing space pushes up prices for consumers. The company has come under heightened scrutiny in recent years from fans who argue that it’s become harder and pricier to snag coveted event tickets.

In 2022, the backlash boiled over when the rollout of tickets for Taylor Swift’s Eras Tour was mishandled, leading to a probe of the company. And in 2024, the DOJ — along with more than two dozen states — sued to break up Live Nation and Ticketmaster, which merged in 2010.

In September, Live Nation was separately sued by the Federal Trade Commission over what the agency called “illegal” ticket resale tactics. The FTC said Ticketmaster controls roughly 80% of major concert venues’ ticketing.

In a Monday statement, New York Attorney General Letitia James said her office would continue to fight against Live Nation’s alleged monopoly even after its agreement with the DOJ.

“The settlement recently announced with the U.S. Department of Justice fails to address the monopoly at the center of this case, and would benefit Live Nation at the expense of consumers. We cannot agree to it,” said James, who is joined by the attorneys general of more than 20 other states.

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How the Iran war may affect your bills and finances

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How the Iran war may affect your bills and finances



The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.



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