On tenancy act and Mumbai

Quotes

If the government were to ensure that the landlord will not lose his property, 50,000 rental housing with reasonable rents can be created in a short time.SOURCE: Times of India 2011-06-02 19:25:00

At best, about 5,000 ready flats would be available in the island city. Around 70,000 flats are sold annually in the Mumbai Metropolitan Region and there is actually a tremendous shortage of ready flats.SOURCE: Times of India 2011-06-02 19:25:00

The demand for a vacancy tax is silly and a diversionary tactic. The objective of the proposed Model Tenancy Act (mooted by the Centre) is to get more investment in the rental housing sector.SOURCE: Times of India 2011-06-02 19:25:00

It is simple enough to take back fixtures such as televisions or cars when a person defaults on instalment payment. But to evict a defaulting tenant involves years in court.SOURCE: Times of India 2011-06-02 19:25:00