Rental Housing Market

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Model Tenancy Act for circulation to all State/Union Territories for adaptation by way of enacting fresh legislation or amending existing rental laws suitably.

For rent and utilities to be considered affordable, they are supposed to take up no more than 30 percent of a household's income. But that goal is increasingly unattainable for middle-income families as a tightening market pushes up rents ever faster, outrunning modest rises in pay.

Tata Group realty arm Tata Housing Development Company has joined hands with the Mumbai Metropolitan Region Development Authority (MMRDA) for a rental housing project near the metropolis. "We plan to launch a large rental housing project near Mumbai before Diwali. We have got approvals for the project from the MMRDA," Tata Housing Developmen...

Housing rentals have gone up by 12 per cent on an average in Delhi and NCR in the April-June period of the current year compared to the same period last year, real estate portal 99 acres.com on Tuesday said in a report. The report, which took 3 BHK flats into consideration, said the highest appreciation during the period in South Delhi was ...

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Model Tenancy Act for circulation to all State/Union Territories for adaptation by way of enacting fresh legislation or amending existing rental laws suitably.

For rent and utilities to be considered affordable, they are supposed to take up no more than 30 percent of a household's income. But that goal is increasingly unattainable for middle-income families as a tightening market pushes up rents ever faster, outrunning modest rises in pay.

Tata Group realty arm Tata Housing Development Company has joined hands with the Mumbai Metropolitan Region Development Authority (MMRDA) for a rental housing project near the metropolis. "We plan to launch a large rental housing project near Mumbai before Diwali. We have got approvals for the project from the MMRDA," Tata Housing Developmen...

Housing rentals have gone up by 12 per cent on an average in Delhi and NCR in the April-June period of the current year compared to the same period last year, real estate portal 99 acres.com on Tuesday said in a report. The report, which took 3 BHK flats into consideration, said the highest appreciation during the period in South Delhi was ...