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Rent increase calculator
See the monthly rent after each increase in your rent agreement, and the total over the whole term. Works for yearly increases and for increases every 2, 3 or 5 years.
Your agreement
How rent increases work in Indian rent agreements
Most residential agreements in India fix a percentage increase that applies on each renewal or anniversary. Five to ten percent a year is the common range in metro cities; longer leases, commercial units and some states' model tenancy rules set the increase every two, three or five years instead.
The increase compounds: a 5% increase on ₹20,000 makes ₹21,000, and the next 5% applies to ₹21,000, giving ₹22,050, not ₹22,000. The calculator above does the same, rounding to the paisa.
An 11-month agreement, common because it avoids compulsory registration, has no increase inside it at a yearly rate. The increase is usually written into the next agreement instead, so the calculator shows one period at the starting rent.
What to write in the agreement
- The starting monthly rent, and whether maintenance and utilities are included.
- The increase as a percentage, and how often it applies (every 11 or 12 months, or every 2, 3 or 5 years).
- The lock-in period and the notice period for either side.
- The security deposit, and when it is returned.
Questions landlords ask
How is a yearly rent increase calculated?
Multiply the current monthly rent by one plus the percentage. At 5% a year, ₹20,000 becomes ₹21,000 in the second year and ₹22,050 in the third, because each increase applies to the rent already increased.
What is a normal rent increase in India?
Five to ten percent a year is typical for residential rentals in Indian cities. The agreement should state the percentage and how often it applies; without that clause, the landlord and tenant agree it at renewal.
Does an 11-month rent agreement have a rent increase?
Usually not within the 11 months. The increase is written into the next agreement when it is renewed, often at 5 to 10 percent.
Can the increase apply every two or three years instead?
Yes. Longer leases often set the increase every 2, 3 or 5 years. Choose that in the calculator to see the rent for each block of years.
Let Tenowa do this every month.
Tenowa keeps rent, tenants, lease increases, meter readings and expenses in one ledger for landlords in India, and emails tenants a reminder when rent is due. Free for 3 months, then ₹99 a month.
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