Andhra Pradesh introduces new municipal rent policy for urban local bodies
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-05-01 11:12 UTC
- Sources: The Hindu
The Andhra Pradesh government unveiled a new municipal rent policy for urban local bodies, replacing the previous 33⅓ % rent hike every three years with a 7 % annual increase over the lease term. Officials said the change will provide greater predictability for tenants and encourage investment in municipal properties.
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