Can I Use My Residential Property For Commercial Rental??

Asked in Land use and zoning

  • Rahul

    Sitamarhi

Expert's Answers(6)

  • Advocate Sanjeev Jain

    Muzaffarnagar, Uttar Pradesh
      8 Client Ratings

    Dear Client You should give your property for use comercial purposes but you should take some legal step as will pay some tex you can contact consern authority for further assistance book a consultation and rate me if you find my answer helpful

    February 22, 2023
  • Contact me so I can explain you in brief

    February 11, 2023
  • Advocate Abhimanyu Gurawalia

    Patli Hajipur, Haryana
      59 Client Ratings

    No residencial property can't be used for commercial purposes.

    February 9, 2023
  • Advocate Shashank Sardesai

    Mumbai, Maharashtra
     

    Hi, it won't be correct to rent your residential property for commercial purposes. Zonal regulations and laws have laid down specific purposes for which property is to be used. Its best to consult a local lawyer and understand if this can be done.

    February 8, 2023
  • Advocate Anik

    Bengaluru, Karnataka
      65 Client Ratings

    Dear client, Yes, you can rent out your residential property for commercial purposes in India, however, there may be certain legal restrictions and zoning regulations that you must comply with. Additionally, you may have to pay taxes on the rental income you earn from your property. It is recommended to consult a lawyer and a tax expert to understand the rules and regulations applicable in your case and ensure that you are following them properly.

    February 8, 2023
  • Advocate Yogesh Navmahalkar

    Jalna, Maharashtra
      19 Client Ratings

    Yes , You can give it on rent if you are not staying there.

    February 8, 2023