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Maharashtra set to implement model tenancy act: Housing Minister

Screenshot-2021-06-04-at-1.20.21-PM Maharashtra set to implement model tenancy act: Housing Minister
Maharashtra set to implement model tenancy act: Housing Minister “We will evaluate and study the act minutely as it has only been okayed yesterday,” state housing minister Jitendra Awhad told TOI on Thursday. Maharashtra set to implement model tenancy act: Housing MinisterPUNE: Officials of the state housing department will study the Model Tenancy Act thoroughly to see how best it can be implemented in the interest of the people. “We will evaluate and study the act minutely as it has only been okayed yesterday,” state housing minister Jitendra Awhad told TOI on Thursday. The Union government has already said that the states are free to make changes as land is a state subject. Meanwhile, Shantilal Kataria, Credai vice-national president, said that the act would boost the rental segment in the state. “It is a long-awaited model act and this being a state subject, the government would be expected to adopt it and form rules and appoint competent authority at the earliest,” he said. He further stated that the act would protect the interest of both tenants and owners and ensure speedy adjudication mechanism for resolution of disputes. Anuj Puri, chairman, Anarock Property Consultants, said the act could fuel the rental housing supply pipeline by attracting more investors, and more rental housing stock would help students, migrant population to find accommodation. Follow and connect with us on Twitter, Facebook, Linkedin
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