TENANCY RENEWAL AGREEMENT
Agreement date: 2 April 2026
Harpreet Singh and Aarav Sharma renew the residential tenancy of House 118, Sector 35-A, Chandigarh following Registered Rent Agreement dated 01 April 2026, which commenced 1 April 2026 and expires 3 April 2026.
- RENEWED TERM
Renewed term: 4 April 2026 to 5 April 2026, being 36 month(s).
- RENT AND DEPOSIT
Monthly rent: ₹33,000 (Rupees Thirty Three Thousand only). Escalation: 10% every 12 month(s).
Security deposit: ₹66,000 (Rupees Sixty Six Thousand only). Existing-deposit treatment: Existing deposit is carried forward and adjusted to the new amount.
- TERM MANAGEMENT
Notice period: 60 days. Lock-in: 12 month(s).
Maintenance: Tenant pays regular occupier maintenance. Utilities: Tenant bears actual consumption during occupation. Special terms: One covered car parking space continues.
Except where this renewal expressly replaces a term, continuing operational clauses of the existing tenancy remain incorporated only to the extent the parties intend and they do not conflict with this renewal.