Legal Question in Real Estate Law in India
I want to rent out my 2BHK apartment in Noida. I have option of giving it to individual or company lease. Please suggest which one is safer and better. MY fear is that I have heard that its difficult to get house vacated in case of company lease in India, particularly Delhi/ NCR. Because the party on the other side is an organisation and much stronger than us. Pls suggest.
Asked on 5/30/14, 4:53 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
30.05.2014
Dear Sir / Madam,
You should enter into a 11 month Agreement for Leave and License with an individual only. Doing a Company lease is neither advisable nor recommended.
Regards,
Answered on 5/30/14, 5:30 am
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