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I have a party who is interested to take lease of my 60 cents (out of 120 cents) of my vacant land for setting up an M-sand washing unit.The offered leasing price is rupees 10 thousand per month & security deposit of rupee 1 lakh; leasing period is 3 years. I would appreciate your expert advices on what factors i need to consider, what are the legal aspects and what all i need to mention in the leasing contract and if i should quoting for a better leasing price. Thanks a lot in advance.

A:

Dear Sir,

You may lease on more prize the quote seems to be very low.

Secondly get it registered to have legal vailidity and specify minimum 

clog period.




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