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How to Negotiate with the Home Owner during the Increase of Rent?

In India, rental values of properties are going one way and that is up. This is felt as a major burden for middle-class families who stay as tenants. Along with other obligations at home, tenants see the rental increase as a potential threat to their financial abilities. Usually, owners in various cities across the country, increase the rent of a property by up to 10% each year. But this margin can be negotiated if the tenant is well aware and smart in dealing with people.   Legally, the landlord has the right to revise the rent with proper notice delivered to the tenant according to the Transfer of the Property Act 1882, section 106. Still, as a tenant, you can induce a negotiation process without disrupting the relationship with the owner. Here are some tips on how to negotiate with a homeowner for raise in monthly rentals: Be aware: As a tenant, you should know about the average rental values in the locality. Talk to people in the neighbourhood, or just browse onli...