The new Rent Control Act that is proposed to be enacted in Kerala will pave way to infrastructure development in Kerala. When the fear of losing building when rented out will trigger a building boom which will result in adequate supply of buildings and new revenue generation to the state.
The salient features of the new Act are
1. The Rent deed is to be registered.
2. The rent has to be increased at the rate of 20 percent in every three years.
3. The building owner has to register every rental agreement with the nearest police station and Local authority.
As the availability of the building in the rental market will reduce rent and deposit in the long run.
Rented Building Owners Association Kerala 
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