Renting out Office space / Pune

Hi everyone,

I recently purchased a commercial office in Baner, Pune and I’m planning to rent it out. I’ve rented out another office earlier to an IT company without issues, but this time it’s been harder to find an IT tenant. A real estate company wants to rent this time.

The plan is:

Registered Leave & License agreement 2-year lock-in 4 months’ rent as security deposit Rent payable on the 1st of every month Fully furnished office, and I plan to attach a detailed furniture & asset list (with condition) as part of the agreement

Before proceeding, I wanted to understand from people who’ve been through this or have legal/real-world experience:

Even with a properly registered Leave & License, what can realistically go wrong?

Are there cases in Pune where commercial tenants stop paying rent and don’t vacate, despite lock-in and registration?

Does renting to non-IT businesses / startups / consultants increase risk compared to IT companies?

Any specific clauses or precautions you’d strongly recommend for a furnished commercial office?

I’m trying to evaluate whether a registered agreement is “safe enough” or if there are practical risks I should be prepared for.

Would really appreciate real experiences, legal insights, or lessons learned.