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What is the Importance of a Rental Agreement in Noida?

Noida, as a city, does not hold a very good image, when it comes to the jurisdiction. Violence and criminal offences are frequent. Being in a city where you do not know who can be a criminal or who can turn out to be a criminal, it is better to have everything well documented, in a legal format.

Despite its ‘not-so-good’ record in terms of safety, the city is home to many employment opportunities, which attracts individuals from the other part of the country. Besides this, the infrastructural development made in recent times can beat even that of a metropolitan city. This has further added value to the real estate sector in Noida.

More than the number of people are renting out places for their residential and commercial use and often fall prey to deceivers. This is when you need the legislation to intervene. However, you need to have proper evidence and proof for the same. In order to stay within the brackets of the legislation and seek their protection, the onus is upon the tenants to register a rental agreement in Noida.

The registration fees are minimal, and you can ensure a good stay during the lock-in period. Besides this, there are a number of rights that a rental agreement offers to the tenants and the landlords.