Model tenancy law to become reality

27 Nov 2020 Editorial Team

The housing and urban affairs ministry announced on Wednesday that in a bid to provide a boost to rental homes in particular and the real estate sector in general, the government is all set to come out with the Model Tenancy Law.

Earlier in July 2019, the draft Model Tenancy Law had already been floated by the Ministry. The secretary said that the Model Tenancy Law is ready and has undergone translation into different languages to communicate its wide-ranging implications effectively.

The deadline for submitting feedback on the proposed model tenancy law was October 31, and states have now been requested to send their feedback after compiling them. According to the 2011 census, around 1.1 crore homes turned out to be vacant on account of people fearing to grant their houses on rent, he pointed out. Mishra said that the model tenancy law will put to a halt all anomalies and boost the real estate sector in the process.

After receiving approval from the Union Cabinet, the centre will then send across the model tenancy law to the states to complete its adoption. The draft model tenancy law states that landowners will be required to hand over a notice three months before revising their rent. Further, the draft proposed that a district collector should be appointed as the rent authority, and tenants should be subject to receiving heavy penalties should they happen to overstay.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..