Model Tenancy Law opens up for NRI real estate investors

09 Jun 2021 CW Team

The approval of the Model Tenancy Act by the central cabinet has been hailed as a landmark in the Indian real estate sector. In one of the most significant developments for residential real estate investors, no one will be allowed to enter into a rental situation without a written agreement, aimed at increasing the confidence of landlords to rent out their vacant properties.

This law will serve as a boost for NRI investments in real estate. It comes as a guarantee for NRI investors as tenants of their properties are bound by legal terms. Furthermore, the act defines the term within which rental disputes will be resolved.

The law also provides a digital platform where the tenancy agreements must be submitted to the rent authority in the future.

Digital infrastructure is more convenient and transparent for NRI landlords. With this law, there is now a clear demarcation of responsibilities between a tenant and landlord.

With the implementation of the Model Tenancy Act, prices of ready-to-move-in properties (RTMI ) are expected to increase.

NRIs have always shown a strong interest in investing in Indian real estate. It is the perfect time for NRIs to invest in Indian real estate for sustained rental income as the regulatory framework for rental homes has now been strengthened and more transparent.

Image Source

Also read: Model Tenancy Act approved: Here’s what the industry thinks

Also read: Approval of Model Tenancy Act allows to fill up 10 mn vacant homes

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..