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

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.