To answer your query: can MHADA flat be rented? I must say that only the original owner or allottee may rent the apartment in MHADA; co-owners or other blood relatives of the allottee are not permitted. Further, the owner of the property must have a Maharashtra domicile. In renting the property, the allottee should not have broken any of the conditions set down by MHADA. MHADA may evict the renter if there is a violation.
Can We Give MHADA Flats On Rent?
Yes! You can give your MHADA flats for rent. However, to rent your MHADA property, you should consider the below-given points:
First and foremost, before renting their home, MHADA unit owners should obtain a NOC from MHADA. Depending on the owner's category, a charge ranging from Rs 2,000 to Rs 5,000 must be paid to the MHADA Board for this.
The owner cannot give the tenant ownership of his property in MHADA.
The type of property, location, amenities offered, and other factors should all influence the rent that the property owner charges. Additionally, if the MHADA Board has established rules for determining rent, the owner of the property should follow them.
The MHADA dwelling unit can be used only for residential purposes. No commercial activity should be carried out from these units. The property owner or MHADA may request that the tenant leave the premises if he operates a business.
A legally recognised rental agreement should be signed by the tenant and the property owner (notaries are not permitted).
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Related Questions
My brother had a MHADA flat vacant and wanted to earn some money through it. He consulted with several people on can we give MHADA flats on rent and learned that the new rule permits it. The owners are now allowed to rent their Mhada properties. However, for renting, owners have to acquire the NOC. I am aware of the entire process so let me answer your query in detail.
Can I Rent MHADA Flat?
Yes, you can rent out your MHADA property. MHADA authority will, however, levy a charge ranging from Rs 2,000 to Rs 5,000 depending on the economically weaker or higher section of society to provide the No Objection Certificate. This NOC will give the owner the right to rent their property for 11 months. Owners will just have to submit a copy of the L&L agreement to the Mhada.
The best part is that any owner living in the city or outside can rent out their Mhada property without any restrictions. This will not only help the MHADA owners to have an extra income but also allow the government to increase their revenue generation through stamp duty and registration fees. This decision has been implemented since last year, 2023 and is still in practice.
You can ask the MHADA authority for more information or doubts.
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How to rent Mhada Flat and get NOC?
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How can we Rent MHADA Flat?
Piyush
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2022-06-29T17:46:18+00:00 2024-03-29T17:06:56+00:00Comment
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