New Rent Act to ensure online payments, limited hikes for tenants
The Rental Agreement Act 2025 mandates online rent payments, linking transactions to landlords' PAN cards and providing tenants with official proof. Arbitrary hikes are curbed, with rent-increases allowed only after 12 months and a 90-day notice. The reforms aim to make renting safer, transparent and fair, which will be benefiting students and professionals in metro cities.