Harassment of landlords due to lack of proper revision of rent even by departments of Central Government causing litigation and brain drain. Fir rent and regular revision should be assured.

Harassment of landlords due to lack of proper revision of rent even by departments of Central Government causing litigation and brain drain. Fir rent and regular revision should be assured. https://www.taxtmi.com/article/detailed?id=17090 Landlords may face prolonged rent non-revision, delayed fair-rent fixation, and burdensome procedures for recovering rent deposited before rent-control authorities. For private premises leased to Central Government departments, rent reasonableness assessment may use recognised valuation principles and prevailing market rent, with due consideration of the lease deed and prescribed fair-rent assessment material. The commentary favours commercial leases with periodic, market-linked rent revision and contractual flexibility over rent-control arrangements. en-us Mon, 03 Aug 2026 08:21:59 +0530 Mon, 03 Aug 2026 08:21:59 +0530 TaxTMI RSS Generator Harassment of landlords due to lack of proper revision of rent even by departments of Central Government causing litigation and brain drain. Fir rent and regular revision should be assured. https://www.taxtmi.com/article/detailed?id=17090 Landlords may face prolonged rent non-revision, delayed fair-rent fixation, and burdensome procedures for recovering rent deposited before rent-control authorities. For private premises leased to Central Government departments, rent reasonableness assessment may use recognised valuation principles and prevailing market rent, with due consideration of the lease deed and prescribed fair-rent assessment material. The commentary favours commercial leases with periodic, market-linked rent revision and contractual flexibility over rent-control arrangements. Articles Other Topics Mon, 03 Aug 2026 08:21:59 +0530 https://www.taxtmi.com/article/detailed?id=17090