tiktok³ÉÈË°æ

All Countries
Real Estate
Rent Increase Agreement

Rent Increase Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Rent Increase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Rent Increase Agreement

"I need a Rent Increase Agreement for my residential property in Mumbai, implementing a 10% rent increase effective from March 1, 2025, with the option to pay the increase in two installments."

Celebrated by
Collaborations with
Investors
Document background
The Rent Increase Agreement is a crucial legal document used in Indian property transactions when modifying existing rental terms. It becomes necessary when landlords wish to increase rent in accordance with market conditions, property improvements, or as permitted by the original lease terms. The document must comply with various Indian legislations, including the Transfer of Property Act, 1882, state-specific rent control laws, and the Model Tenancy Act 2021 (where adopted). It typically includes details about the existing tenancy, justification for the increase, new rent amount, effective date, and confirmation of notice periods. The agreement serves as an addendum to the original lease while ensuring compliance with local regulations regarding maximum permitted increases and notice requirements.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full names, addresses, and contact details

2. Background: Reference to the existing lease agreement, its date, current rent amount, and property details

3. Definitions: Key terms used in the agreement including 'Effective Date', 'New Rent Amount', 'Property', and 'Original Lease Agreement'

4. Rent Increase Details: Specific details about the new rent amount, effective date, and calculation method

5. Notice and Compliance: Confirmation that proper notice has been given in accordance with local laws and the original lease agreement

6. Payment Terms: Details of how and when the new rent amount should be paid

7. Confirmation of Other Terms: Statement confirming all other terms of the original lease remain unchanged

8. Governing Law: Specification that the agreement is governed by Indian law and relevant state regulations

9. Signatures: Execution clause and space for signatures of all parties

Optional Sections

1. Justification for Increase: Section explaining the reasons for rent increase, such as market rates, property improvements, or increased maintenance costs

2. Stepped Increase: Used when the rent increase will be implemented in phases over a specified period

3. Security Deposit Adjustment: Include when the security deposit needs to be adjusted proportionally with the rent increase

4. Negotiation Terms: Include when there's a need to document any negotiations or compromises reached regarding the increase

5. Special Conditions: Any unique arrangements or conditions related to the rent increase

6. Rent Control Compliance: Specific section confirming compliance with local rent control laws, if applicable

Suggested Schedules

1. Schedule A - Rent Calculation: Detailed breakdown of how the new rent amount was calculated, including any applicable percentages or formulas

2. Schedule B - Notice Documentation: Copies of formal notices sent regarding the rent increase

3. Schedule C - Property Improvements: If relevant, list of improvements or repairs made to justify the increase

4. Appendix 1 - Original Lease Reference: Key excerpts from the original lease agreement relevant to rent increases

5. Appendix 2 - Legal Compliance Checklist: Checklist confirming compliance with relevant state rent control and tenancy laws

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses



















Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Hospitality

Office Space

Industrial

Healthcare

Education

Warehousing

Manufacturing

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Compliance

Property Management

Asset Management

Contract Administration

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Real Estate Attorney

Lease Administrator

Asset Manager

Property Owner

Real Estate Agent

Operations Manager

Compliance Officer

Contract Manager

Real Estate Portfolio Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Notice For Increase Of Rent

A formal notice under Indian tenancy laws informing tenants of an upcoming rent increase, including amount and effective date, while ensuring compliance with state-specific rent control regulations.

find out more

Increase Rental Notice

A formal notice document used in India to inform tenants of an upcoming increase in their rental payment, complying with Indian state-specific rent control laws.

find out more

Rent Review Letter

A formal notice under Indian law initiating a rent review process between landlord and tenant, detailing proposed rental changes and review procedures.

find out more

Rent Increment Notice

An Indian law-compliant formal notice document for communicating and implementing rent increases in leased properties, adhering to local rental regulations and notice period requirements.

find out more

Landlord Rent Increase Letter

A formal notice document used in India to communicate and implement rental increases, complying with state-specific rent control laws and regulations.

find out more

Notice Of Proposed Rent Increase

An Indian legal notice document communicating proposed rental increases from landlord to tenant, complying with state-specific rent control regulations and the Model Tenancy Act, 2021.

find out more

Rent Increase Reminder Letter

A formal notification document used in India to inform tenants of an upcoming rental payment increase, complying with state-specific rent control laws and lease agreement terms.

find out more

Landlord's Notice Proposing A New Rent

A formal notice under Indian law used by landlords to propose a new rent amount to their tenants, complying with state-specific rent control regulations.

find out more

Letter To Raise Rent

A formal notice under Indian law informing tenants of a rent increase for leased property, including current and new rent amounts and effective date.

find out more

Commercial Rent Review Notice

A formal notice under Indian law initiating the review and potential adjustment of rent for commercial property leases.

find out more

Rent Review Notice

A formal notice under Indian law to initiate rent review proceedings between landlord and tenant, proposing changes to the existing rental amount.

find out more

Commercial Rent Increase Notice

A formal notice document used in India to inform commercial tenants of a rent increase, complying with central and state-specific rent control laws.

find out more

Rent Increase Agreement

An Indian law-compliant agreement documenting rental payment increases between landlord and tenant, subject to federal and state property laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.