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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.
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.
