In Noida, you have to pay 2% of the annual rent as stamp duty, for rentals of up to 11 months. Deposit – In Delhi, the usual trend is to collect 2-3 months of rent on deposit. This deposit is refunded by the owner to the tenant at the time of evacuation of the premises by the tenant. No interest is paid on the amount of the deposit. The bill also provides that tenants who extend their stay in rented accommodation, as mentioned in the agreement, are required to pay double the amount of rent for the first two months and four times the rent in the following months. Most institutions, such as banks, gas distribution, HRA fees, vehicle purchases, school applications, telephone lines, etc., only take into account your proof of rental if it is executed on a stamp document. Another popular type of rental is a long-term lease for a number of years. There is no monthly rent to be paid by the tenant…