Hi,
I have a flat on rent in navi mumbai, the agreement starts from 19th July, 2014, for a period of 11 months, now as according to the agreement it will expire in June 2015, i took this flat through a property dealer and he asked for 1.5 month rent as brokerage saying that "this is navi mumbai and here brokers charge for only 2 months rent as their fee" but when i insisted to make it for 1 month he agreed and now he is asking for 1 month rent as his brokerage and 10% hike in rent on renewal, although the flat is not up to the mark according to the current rent amount.
What is the agreement renewal fee and how much rent hike is allowed after 11 months period?
Can Broker charge us for 1 month rent for renewal?
What is the difference between 11 months agreement and 12 months agreement?
Are Mumbai and Navi Mumbai rental laws act different from each other?
What are the legal steps which can be taken bu us?
Thankyou.
Asked 9 years ago in Property Law
Religion: Hindu