The housing ministry has prepared the draft Model Residential Tenancy Act, 2011 (“Act”) that is intended to replace the outdated rent control legislations that cap rents. These old legislations have, over the years prevented the landlords from getting appropriate rents for their prime properties in metros. The key provisions of the Model Residential Tenancy Act, 2011 related toRestriction on Subletting, Derequisition of Rental Units, Revision of Rent, Security Deposit, Rent Tribunals are