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Model Tenancy Act
June 5 , 2021
1329 days
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- The Union Cabinet has approved “Model Tenancy Act” for circulation to all States and Union Territories.
- Model Tenancy Act, 2019, a tenancy law in India, was designed to rebuild tenancy market.
- The Creation of this Act was first announced in budget speech of 2019 by finance minister Nirmala Sitharaman.
- It seeks to replace archaic rental laws of India and to solve housing availability deficit.
- This Act will help in achieving the target of “Housing for All by 2022”.
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