What is the procedure for getting Rental Agreement in Hyderabad?

Q: I have got a property on rent in Hyderabad. The owner and I have to get the lease agreement for period 11 months. The rent of the property is Rs 15000 and the deposit is Rs. 45000
I have a draft of the rental Agreement with all the necessary details.

Mayank Gupta,

17th September 2014

Rentals in Hyderabad

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Replies (5)

Hi Mayank,
Legally it is mandatory. But in reality it depends on Owner & Tenant understanding. I believe it is beneficial for both as landlord feels secured about his property whereas tenant can happily take tax benefit & use agreement as local address proof. You can get Rental agreement home delivery by calling 9515306503. Hope that helps.

Vikash Kumar,

19th May 2016

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Vikash Kumar,

19th May 2016

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Mr. Bharath, Thanks for your reply.
What i wanted to know is that whether Registration of Rent agreement is mandatory in Hyderabad for 11 months like in Mumbai?
Also what are the charges applicable like Stamp duty, registration fees (if any), transfer charges (if any), user charges etc.?

Mayank Gupta,

18th September 2014

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Hi Bharath,
It is not compulsory to make a rent agreement only for 11 months. Renewable/extendable agreements for three to five years can also be made and registered. However, the stamp duty and registration charges for longer duration may differ.

Ramesh Hegde, Hyderabad

18th September 2014

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@Ramesh,
One more thing which you have to keep in mind while go for registration that the rental amount has to be clearly mentioned in the document, along with the amount deposited in the account. The agreement must contain details related to terms of deduction and return of the deposit money. The agreement should also include due date of payment of rent and the grace period. It also should contain the mode of payments – through cash or cheque or draft.

The agreement should detail the procedure for rent escalation every month – for example, many owners raise the rent by 5% every year.

Bharath Konda, Hyderabad

18th September 2014

HI Mayank,
Rent agreement is an important document which defines the legally binding relationship between the tenant and the land lord. Here are few facts that you should keep in mind to make the agreement legally binding and valid.

1) Always insist upon presence of two non-beneficiaries while rent agreement is being signed between the two parties. The rent agreement ought to be signed by the two non-beneficiaries to make it a valid one.

2) You can register the rental agreement by paying a stamp duty. Registering the rental agreement would mean that it would have more power invested in it, rather than only being a valid document.

3) The agreement should contain the tenure of tenancy. Specific dates from which date to which the lease of the agreement would be valid have to be mentioned.

Bharath Konda, Hyderabad

18th September 2014

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