How does TND Listings help NRIs manage property in Mumbai remotely?

TND Listings handles tenant sourcing, verification, rent collection, two-stage inspections, maintenance, and RERA-compliant documentation on behalf of NRI owners, with live updates available through the TND app.

Which areas of Mumbai does TND Listings cover?

TND Listings manages properties across Western, Central and South Mumbai, as well as Navi Mumbai and Thane.

Tenant's Guide Mumbai — Rental Agreement, Deposit & Notice Period

Everything a tenant in Mumbai needs to know

Renting a flat in Mumbai involves a formal Leave and Licence agreement, a security deposit, and a set of rights and responsibilities for both landlord and tenant. This guide explains everything clearly — whether you are renting for the first time or moving to a new property.

The rental agreement (Leave and Licence)

In Mumbai, residential rentals are governed by a Leave and Licence Agreement (not a Tenancy Agreement). This is important because a Leave and Licence does not give you occupancy rights — it gives you a licence to use the property, which the licensor (owner) can revoke after the agreed period.

Duration

Typically 11 months (to avoid stamp duty on agreements over 12 months). Renewed annually.

Stamp Duty

Paid by the tenant. Calculated on the average monthly rent × months + refundable deposit × 10% × years.

Registration

Mandatory for agreements over 12 months. TND strongly recommends registering all agreements regardless of duration.

Notarisation

Not a substitute for registration. A notarised-only agreement has limited legal standing in court.

Security deposit in Mumbai

Typically 2–3 months’ rent for most residential properties
Premium and luxury properties: up to 6 months’ rent
The deposit is refundable at end of tenancy, less any deductions for damages beyond normal wear and tear
TND’s two-stage inspection documents the property condition photographically, protecting both tenant and owner from deposit disputes

Notice period

Standard notice period: 1 month (as specified in the agreement)
Either party can give notice — tenant to vacate, or licensor to reclaim property
Always give notice in writing (WhatsApp message with confirmation is acceptable)
Lock-in period: many agreements have a 6-month or 11-month lock-in — check yours

Rent escalation

Most Mumbai rental agreements include an annual escalation clause of 5%–10% on renewal. This should be clearly stated in your agreement. TND manages all escalation communications on behalf of our landlords, giving tenants adequate notice before any rent increase.

Your rights as a tenant in Mumbai

Right to peaceful enjoyment of the property during the licence period
Right to a receipt for every rent payment
Right to proper notice before the owner enters the property
Right to have major repairs done by the owner within a reasonable time
Right to your full security deposit back, less only documented and justified deductions

Looking for a verified rental in Mumbai?

TND lists exclusive verified properties across Mumbai — professionally managed, fairly contracted.

Browse listings WhatsApp us

Tenant’s Guide