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Increment Rate of a House rented for Residential purpose

Home Forums General Discussion Increment Rate of a House rented for Residential purpose

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  • #69135
    unknown
    Spectator

      I have rented a house for residential purpose . Can anybody tell me the increment rate of rent and after what period the rent will increase ? Is there any govt act or rule regarding this ? Please reply me .
      Thanks ..

      #78671
      unknown
      Spectator

        Generally rent increases by 5 – 10% every year. It is proportionate to the annual increase of valuation of the locality.

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