indicates that the plaintiff is unsure of
precise rate of rent and if the rate of rent was Rs. 3500/ per month
then ... prevailing market rate.
Though a suggestion was given to PW2 that Rs.5000/ per month
is not the market rate of rent
rate of rent and the rate at which he himself is paying rent.
None of these is relevant. For determining the arrears of rent ... agreed rate of rent, particularly when there is nothing to suggest
that the contractual rate of rent was in sync with the market rate
month or on such higher rate as is found to be the market
rate along with interest at the rate 15% per annum, from ... Aggarwal Publicity & Marketing Pvt Ltd Page 22 of 34
the deposition of market rate of rent as stated by the plaintiff. Therefore,
considering
entitled to market rent of the premises after determination of the tenancy from 1st November, 1998. It was held that the market rent could ... market rate provided the same is not penal and unconscionable.
30. The plaintiff has produced evidence about the market rate of rent prevailing in that
year 1990, it has been claimed by it that the market rate of rent of similar/near similar nature of properties in the locality ... stated in the plaint and in respect of the prevailing market rate of rent at the time of the institution of the suit, he deposed
rent and charge rent to the entities
mentioned in Section 3(1)(b) who can afford to pay
rent at the market rate. This ... twin objectives of
Rent Act protection and rent restriction for those who
cannot afford to pay rents at the market rates. To
accept the interpretation
M/S. Depe Global Shipping Agencies Pvt. ... vs M/S. Mather And Platt (India) Ltd
this ratable value was assessed on the basis that the market rate of rent of the suit property is Rs. 20/- per square feet ... report, local commissioner opined that in the year 2003 market rate of rent for the first and second floor of the properties similar
profits at the rate of Rs.10,000/ per month with
effect from 18.06.2011, which is the market rate of rent.
7. On the basis ... defendant.
Minor variations between the market rate of rent and the
contractual rate of rent is possible in light of various factors like
the location
rate of Rs.400/ per day or at such other rate that
this court finds to be the market rate of rent ... then to
award mesne profits at the said rate. As noted above, the
market rate of rent is Rs.12,000/ per month. The plaintiff
