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Practical order: confirm what the agreement permits, verify the applicable Delhi notice requirements, compare like-for-like properties, estimate turnover costs, and then put a reasonable proposal in writing. If the tenant counters, consider a smaller increase in exchange for a longer period of...

I would not assume waiting is automatically safer. A property with weak numbers today could still be overpriced later, while a well-run student property may justify a lower initial yield if demand and operations are unusually dependable. The caveat is that this needs evidence at the specific...