The Economic Times News

Noida property: Can the authority ask for higher payment after allotment of leasehold property?

Leasehold property owners in cities like Noida face specific payment systems. While initial agreements often involve a one-time premium, the enforceability of subsequent annual rent increases hinges on the original lease deed's clauses. Rajasthan's attempt to impose new lease rents after allotment was struck down by the High Court. Read more.