SHORT ANSWER:
Renting out a terrace for advertisements is subject to local municipal regulations and requires permission.
DETAILS:
- Local municipal laws may require a license or permission for using a terrace for commercial purposes.
- The property owner must comply with zoning laws and building regulations.
PUNISHMENT / IMPLICATIONS (if applicable):
- Fines or penalties may be imposed for unauthorized use of property for advertisements.
SOURCE:
- Municipal Corporation Act / Local Zoning Laws
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