The way was paved for bringing a new Bill under which rent in Delhi will be linked to inflation as the Union Cabinet Thursday gave in-principle approval to withdraw the controversial legislation of 1995.
The new Bill will replace the Act of 1958. The 1958 Act was sought to be replaced by a legislation in 1995 but that was not notified even after enactment because of huge controversy with tenants being up in arms over it.
"We will start a new exercise to frame the rent law after the withdrawal of the 1995 Act. It will be ready in two/three years time after due consultation with all stake holders," a senior Urban Develpment Ministry official said.