No can do until after 2 years. Even if value has gone up. RERA can tell you if house price where you live has gone up but will also advise LL cannot increase until after 2 years.
You need to call rera first then write an email or letter to your LL if your LL does increase or chooses not to renew your contract to put someone else in there at higher rent, RERA will take your complaint.
Hi everyone. We will of been in our villa one year in april. Our landlord wants to increase our rent by 28,000. He doesn't spend all his time in this country so has asked the estate agents that dealt with our contracts last year to deal with our renewal. We have said that as per RERA he isn't allowed to do this but they are saying if rents have gone up by a certain amount then they can increase. I've read on RERA's website that this information is correct but I thought it meant from the second year onwards. Is the estate agent correct and I've just understood it wrong?
I know that this subject has been covered a lot but I feel they are pressurising us and I want to make sure we have all the correct information.
Thanks