Let Tenants Live

Now is the Time to Come Forward and show our Unity . We are coming together for a good cause wherein all the people from Colaba to Wadala have to save their premises. Come in large numbers to show our strength

Dear Friends, A meeting to support BPT and and similar tenants has been organised under the leadership of former Union Minister Shri Milind Deora at Cama hall on Tue 26 April 2016 at 5.30 pm.please do come and inform all.Regards Vinod Shekhar Gen sec MRCC

http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=Heavyweight-BJP-MLAs-throw-lot-behind-tenants-over-25012016002032

Heavyweight BJP MLAs throw lot behind tenants over rent Act plan

http://www.mid-day.com/articles/rent-act-controversy-should-we-keep-our-bags-packed-wonders-old-sobo-resident/16885198

Friends ,

I attended both the MLA meeting.
On behalf of "Action committee for the protection of tenants' rights".

Few observations:

1) Shri Raj Purohit meeting at Garware at 9 am was packed before 9 am only.
Wonderful response.
Prabhuji explained the issue in a well defined manner.
Raj purohit is very much awaken.
He knows it's a huge 'Vote Bank' he can't afford to loose.

2) Even Shri M P Lodha meeting was packed at Sharda school.

3) Mr Lodha we must appreciate his one statement that 'If such Act/ Rule comes he will resign from his MLA post'

This is a very big statement in favor of Tenants.

4) Both MLA spoke well and both passed resolution to pressure Govt to 'convert Tenants into Ownership'.

5) Raj purohit And Shaina N C. Both quite confident that this was only 'Rumor and Press news' 'No official comments from Govt'
But Lodha Ji candidly said that 'Proposal being discussed'

So there is a contradiction in understanding this 'Move'.

However My view:

1) Only one platform 'Action committee for the protection of tenants' rights'

We all should support this platform only being a 'Non Political One'.

No other platform to be formed as there was some ideas being floated by someone at Garware.

Be careful.

2) Our move should be to discuss 'how to make tenants in to ownership' only.

3) We must give ultimatum to Govt .

4) All donation / contribution should be to 'Action committee for the protection of tenants' rights'

5) Do not get carried away to any politician statement and also do not make platform of any MLA/ MP.

6 )Must attend any meeting called by MLA/ MP in any areas.

7) Make area wise and building wise what's app group.

Kindly spread this message to all the groups.

Thanks and regards

Viren shah

More pictures of todays meeting

Request all to sign the online petition by clicking on the image below.
http://tinyurl.com/glvfpsd

Chief Minister of Maharashtra, Prime Minister of India: STOP THE ANTI TENANT RENT CONTROL AMENDMENT The Government plans to amend the Rent Control Act to increase Rent of residential and commercial premises in Mumbai by over 200 times thus making housing un-affordable!! This will further give the landlords vast powers to evict tenants. This will adversely affect several lakhs of people in Mumbai…

Support within the government.

Found a like minded group

https://www.facebook.com/Pugree-Tenants-Action-Committee-752841711501781/

Pugree Tenants Action Committee The Action Committee was formed to fight for the reasonable and legitimate interests of tenants in

A Landlord’s Perspective
In relation to proposing the case for landlords, statistics show that a majority of the tenanted premises are no longer held by original tenants of the buildings which related to the 1940’s and 50’s. Thus, these are premises effectively transferred by landlords on the Pagdi system.

For those who propose that the rates should be decided by market forces, be informed that the entire system has evolved by market forces. Why else would landlords transfer the premises to new tenants after vacation of the earlier tenant? The reason being that not only do they retain ownership of the premises but also partake of the appreciation of the property every time the property is transferred-which till late was “appreciation sans taxation”.

On vacation, landlords have the option to sell the premises on ownership or give the same out on leave and license basis at market rents. The very fact that they do not, is adequate proof of their favouring this system. Selling the premises on ownership would involve a one time appreciation, directly taxable, and market rents rarely are more than 1% or 2 % return on the value of the premises. You do the math. Landlords already have.

As proof that this was a valid market driven transaction and seeing the loss of revenue, the government also established that extinguishment or transfer or surrender of tenancy / lease right is subject to Income Tax under the head Capital Gains. Further, various courts too have consistently taken the view that surrender of tenancy right is a capital asset.

Thus, if this is a valid asset which has been taxed in the past, the current amendment would be liable in destroying capital asset value of these tenants at one shot.

Last I checked destroying capital assets intentionally was a criminal offence….

Photos of today's tenants meet at Garware. Well attended speakers like Purohitji, Prabhuji, Viren Shah and others have raised a voice and passed a resolution to not allow the proposed act mentioned in the news and move towards making the ownership proposal for tenants viable. Good Movement. Let us be a supporting factor to a cause

Meeting of the affected tenants group at Garware Club ,D Road, Churchgate on Sunday 24th January at 9 am. please attend positively in large numbers. Raj Purohit to address the meeting.