Perspective on Cabinet's approval on Model Tenancy Act | Rohit Poddar | Poddar Housing and Development Ltd.

 Mr. Rohit Poddar, Managing Director, Poddar Housing and Development Ltd on Cabinet’s approval on Model Tenancy Act.

“The approved Model Tenancy Act (MTA) will help to regulate and promote rental housing in the country and will play a crucial role in increasing the supply of rental homes, which in coming times, will be an essential requirement with rising population. The Act will help in building a better tenancy market. The terms and conditions of the rental tenancy are clear to both landlords and tenants and reduce a significant number of disputes that take place due to unwritten agreements, thus the move will benefit both the landlords and tenants by creating a cohesive and sustainable environment. The approved framework will boost the overall rental housing market in India.”