TRUST JAMA MASJID WAQF NO.31 vs M/S. LAKSHMI TALKIES .

The Supreme Court upheld the High Court's decision to modify the rent fixed by the Rent Control and Eviction Officer under the U.P. Urban Buildings (Regulation of Lettings, Rent and Eviction) Act, 1972, specifically Section 29-A, which allows for the determination of rent based on market value. The Court found that the High Court's fixation of rent at Rs. 2500/- per month from June 1, 1984, was justified, as the earlier rent of Rs. 12,808/- was excessively high and not reflective of the market conditions. The judgment clarified the application of Section 29-A in determining fair rent, affirming the principle that rent should be commensurate with the market value of the property.