when and why was the red act passed in bombay during the British days ?what was its outcome,?
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1) The rent act was passed in Bombay in 1918.
2) It aimed at controlling rent and keeping them within reasonable rate.
3) The act had a reserve impact of producing a severe crisis,since the landlords withheld renting out houses from market.......
plzzzz mark me as branliest........
2) It aimed at controlling rent and keeping them within reasonable rate.
3) The act had a reserve impact of producing a severe crisis,since the landlords withheld renting out houses from market.......
plzzzz mark me as branliest........
saurabh1231:
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Rent***
Rent Act was passed in 1918.
Since rents were quite high in chawls, the purpose of rent act was to stablize rent and to keep it reasonable.
However, it did not have the expected impact as it led to housing crisis, since landlords withdrew houses from the markets.
Rent Act was passed in 1918.
Since rents were quite high in chawls, the purpose of rent act was to stablize rent and to keep it reasonable.
However, it did not have the expected impact as it led to housing crisis, since landlords withdrew houses from the markets.
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