Questions & Answers
What to do if the landlord asks for rent increase that exceeds the RERA Rental Index?
Good afternoon,
My tenancy contract is expiring on 31 May 2023 (90 days notice period starts 1st March 2023). My current rent is 175000/year. The RERA Rental Index is 150k - 190k for my townhouse.
My landlord informed me a week ago that he wants to increase the rent to 240k as per ‘Market-value’, but as he is willing to negotiate he would accept 225k.
My questions:
1) What are my options in this case?
2) What is the RERA ‘Offer and Deposit’ option? (Not sure what this is)
3) What can he do with a Rent Valuation Certificate?
Thanks a lot!
Hi L.,
Pursuant to your query, the maximum amount your landlord can increase would be in accordance with the RERA index.
You have the option to visit the RDC and file a complaint against the landlord if the landlord doesn't agree with the RERA rental index.
At the same time, you can submit the cheques for the renewal of the contract based on the RERA index which is called the offer and deposit option.
