Tamil Nadu Buildings (Lease and Rent Control) Act, 1960

Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 is act of Government of Tamil Nadu. Tamil Nadu, a state in India, has an exclusive Rent Control Act where the state government has the exclusive jurisdiction to legislate on the subject.

Provisions

 * For Residential building, Annual rent can be 6 to 9 per cent of total cost of the building at the time construction.
 * For Non Residential building, Annual rent 9 to 12 per cent of total cost of the building at the time construction.
 * Maintenance charges can be 10 per cent of the rent.
 * Tenant need not pay the owner for property tax.
 * Additional 15% rent for a furnished house.