New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the maximum annual rent increase allowed under

    the Maharashtra Rent Control Act?
    A 4% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer

    Solution

    The maximum annual rent increase allowed under the Maharashtra Rent Control Act is 4%. S. 11. Increase in rent annually and on account of improvement, etc. special addition etc. and special or heavy repairs. (1) After the commencement of this Act a landlord shall be entitled to make an increase  of 4 per cent per annum in the rent of the premises let for any of the purposes referred to  in sub-section (1) of section 2.

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