Click to play videoNew Delhi: In a landmark judgement by the Supreme Court, landlords of commercial spaces in Delhi can now legally ask tenants to vacate.
The tenants are looking at the judgement as a virtual eviction notice.
“I earn my bread from here. My children and family depend on this shop. It can all go,” says shopkeeper, RL Sharma.
Suddenly the future seems bleak to Sharma who has been operating from this rented shop for the last 30 years.
He believes the Supreme Court judgement on the Delhi Rent Control Act is like an eviction notice for shopkeepers like him.
On Wednesday, the apex court held that tenants using the premises for commercial purposes could be evicted if the landlord needs it for bonafide purposes.
So while shopkeepers like Sharma are crestfallen, others like Ranjan Kapoor, who is a landord in Delhi's Karol Bagh, are cheering the judgement.
“These properties cost Rs 20-30 crore now but all I have been earning for the last 30 years is a few hundred rupees,” says Kapoor.
The judgement has become the talk of the town elsewhere too.
“We can't even maintain our shops with the kind of rent we get, surely it will be a welcome move if it happens,” says landlord, Rahul Velkar.
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