It's a Leave & License, not a lease — and there's big news: the security deposit is now capped at 2 months (it used to be 6–10). Here's how it works, plus your stamp-duty bill.
Agreements are usually 11 months (max 5 years) for flexibility. They must be digitally stamped and registered on the IGR Maharashtra portal within 60 days — unregistered agreements aren't valid proof.
Standard is about one month's rent, on the first agreement only. Renewals should cost just a small paperwork fee (₹2k–₹5k), not full brokerage again.
The agreement can be in your name or your company's. The process is the same as for residents — just have your documents ready for registration.
Rent, cost, what's on — the free daily brief, launching soon.