Hey,
Since the introduction of Model Tenancy Act the terms for security deposit has changed. Here is what you need to know.
The security deposit for a house in Hyderabad cannot exceed two months’ rent in case of residential premises. The security deposit for a non-residential apartment will not exceed six months’ rent.
This law has been passed pan-India and violation can bring consequences upon the landlords.
You can read more about what is Model Tenancy Act here. Find out rental apartment in Hyderabad without paying brokerage only on NoBrokerYour Feedback Matters! How was this Answer?
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What is the Security Deposit for an apartment in Hyderabad?
Ragulagowriyadav
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3 Year
2021-08-05T11:43:31+00:00 2021-08-09T10:24:54+00:00Comment
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