The demand for rental
properties in Mumbai is very high. Even in areas where the capital values of
properties have stagnates, their rental rates are soaring. Despite the market
for rent properties in Mumbai being such a hot one, not all property
owners can let out their properties to potential tenants.
Doing a thorough
background check on prospective tenants is extremely important in Mumbai. Flat
owners can download the police verification form online, fill it out and submit
it to the local police station along with the identity proof of the tenant. NOCs
have to be obtained from the housing society, especially if the property owner
is planning to sublet the flat to someone from the entertainment industry.
Till quite recently,
NOCs had to be obtained from the police too for providing it the housing
society representatives which ensure that safety of home owners is not
compromised due to subletting the property. However, renting out properties has been made
easier for property owners now as the Maharashtra Government issued a circular
that negates the need to procure an NOC from the local police station. Neither
does the tenant nor the property owner have to obtain such a clearance from the
police. The only thing that someone letting out his/her flats for rent in
Mumbai has to do is mail a copy of the rental agreement to the police via
registered post.
Till the notice was
issued, tenants or landlords of any residential or commercial property had to
visit the local police station to inform the police about the rental agreement
and give a copy of it for the police to maintain their records. Real estate
agents and brokers took advantage of these clauses and charge the landlord or
tenant high fees for getting NOCs from police stations. Also, the
tenant/landlord would have to spend a day at the police station for getting the
NOC.
The police have agreed that this would help
citizens to provide data about their tenants to the local police. Once the
agreement is received by the police, they would issue acknowledgement receipts
which would be enough to show to society office bearers that the rental
agreement has been provided to the police. If any information or data is found
to be incorrect, then the landlord shall be held responsible. This is also a
safety measure to be taken for rent properties in Mumbai in case the
tenant’s or landlord’s security is compromised.
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