China to boost supervision on rental collection by home leasing firms – ET RealEstate

BEIJING: China‘s authorities said on Monday they would step up supervision of leasing firms and how they collect rental income and deposits, after a series of cases where tenants were evicted when leasing companies failed to keep up payments to landlords. Leasing companies often require tenants make rental payments up to a year in advance. […]

Uttar Pradesh cabinet paves way for tenancy ordinance – ET RealEstate

LUCKNOW: The cabinet on Monday cleared the decision to bring in the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance 2021. The provisions of the ordinance will lead to reduction in tenancy disputes and in older cases, rents can be revisited. Once the ordinance is promulgated, signing of contract will become compulsory to rent […]