Rent Stabilized Increase 2024 Kerala. This calculator is to help rent. — the median monthly rent was about $1,500 for a stabilized unit in 2023, compared with $2,000 for an unregulated apartment, according to a recent city survey.
The kerala government has decided to bring in a new rent control law that will include a provision to increase rent by 20% once every three. Your rent can only be increased by a percentage that is decided on each year by the rent guidelines board.