Director, Aparna Constructions, For 99acres
Majority of the landlords in India withhold from renting out their properties as they fear the loss of rentals, tenant overstays or even property confiscation in some cases. The Model Tenancy Act 2019, is expected to change opinions by replacing the current obsolete laws with rental norms that are rational, fair and transparent. It is in the best interest of both the landlord and the tenant.
After the revised laws, the penalty that a tenant is obliged to pay is to compensate the landlord with double rent for two months, which may extend up to four times in some instances.
The Draft Act restricts the tenant from subletting the property unless written permission has been received from the landlord. The Draft also allows the landlord to make deductions from the security deposit amount for any outstanding dues of the tenant.
Our Director, Mr. Rakesh Reddy shared his views on the Model Tenancy Act in an article that was featured on 99Acres.com. Click on the link below to read the entire article:
LINK
https://www.99acres.com/articles/all-landlords-should-know-about-model-tenancy-act-2019.html
RECENT NEWS
Aparna Constructions has been featured in an article by IndiaRetailing titled “Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025”.
In this piece, Rakesh Reddy, Director of Aparna Constructions, offers insights into the expansion of our portfolio. He discusses our ambiti
Aparna Constructions has been featured in multiple publications for launching two new luxury apartment projects in Hyderabad, Aparna Newlands and Aparna Sarovar Towers, with a total investment of Rs 2,425 crore.
Rakesh Reddy, Director at Aparna Constructions, offered insights into these ambitious
Mr. Rakesh Reddy, Director, Aparna Constructions, offers insights into the growth of India’s real estate sector in the article “Building the future: How India’s Real Estate Sector Is Paving The Path To A $1 Trillion Market,” published by EPC World.
In this article, he discusses the factors behind
Aparna Constructions has been featured in multiple publications for its recent investment of ₹ 284 crore for its foray into the retail and cinema business verticals.
Mr. Rakesh Reddy, Director of Aparna Constructions, offers insights into this strategic expansion, emphasizing our vision to divers
Aparna Constructions has been featured in Homes India Magazine in their article, titled “Future Trends in Smart Home Technology: What to Expect,” Which offers insights from Rakesh Reddy, Director, Aparna Constructions. He discusses the transformative impact of smart home technology in enhancing living
Get Updates
Subscribe to Stay Informed with the Latest News and Updates.
Locations
-
HYDERABAD -
BANGALORE