, allows landlords to increase rent by for residential leases >12 months, translating to 3.92% CAGR. Earlier, 4% annual hike was permitted but rarely implemented due to tenant resistance. New rule also mandates ( bilingual Marathi-English), PAN of both parties, and e-registration for leases >12 months. Security deposit capped at 3 months in urban areas. We share a downloadable model agreement & escalation clause. Keywords: rent hike law Maharashtra, model tenancy agreement, 8% escalation.