Cabinet okays repeal of Rent Act
Keeping in view the upcoming Delhi Assembly elections, the Union Cabinet on Thursday gave in-principle approval to withdraw the controversial Rent Act of 1958 and replace it with a new law under which rent in the capital would be linked to inflation.
The 1958 act was sought to be replaced by an act in 1995 but that was not notified even after enactment because of a huge controversy with tenants up in arms over it.
“We will start a new exercise to frame the rent law after the withdrawal of the 1995 act. It will be ready in two-three years, after due consultation with all stakeholders,” a senior urban development ministry official said. However, the official said, “The new law will be a balanced one — neither against the landlords not against tenants. The existing one is pro-tenants. The provisions of the rent will be linked to inflation.”
The 1995 law was to replace the archaic 1958 act that protected the migrant population from arbitrary rent hikes by landlords. “In-principle approval was given for withdrawal of the (rent) bill,” information and broadcasting minister Manish Tewari said.
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