Rent Agreement 2025: Secure Your UP Rental for Just ₹500
Renting property in Uttar Pradesh is becoming more accessible thanks to a new initiative. The Stamp and Registration Minister, Ravindra Jaiswal, has announced a simplified process for creating legally valid rent agreements, now available for just ₹500.
Rent Agreement in Uttar Pradesh: A New Era
Minister Ravindra Jaiswal’s announcement marks a significant change for both tenants and landlords in Uttar Pradesh. A rent agreement can now be formalized on a ₹500 stamp paper, offering a cost-effective and legally sound solution.
Making Renting Easier: The ₹500 Rent Agreement
During a visit to Ghazipur, Minister Jaiswal met with officials to discuss development projects. Following the meeting, he announced the new rent agreement arrangement, highlighting its benefits for the public.
The Problem with Old Rent Agreements
Previously, rent agreements were often created on ₹100 stamp papers, which lacked strong legal standing. Registering the tenancy at the registry office, while legally robust, involved stamp duty fees of 4-5%, making it expensive for many.
₹500 Rent Agreement: A Legally Valid Solution
The government’s new initiative simplifies the process, allowing individuals to create a legally valid rent agreement for only ₹500. This provides tenants with secure housing and landlords with a legally enforceable document, ensuring a fairer rental process for everyone.
