{"id":71300,"date":"2020-10-09T11:01:41","date_gmt":"2020-10-09T06:01:41","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=71300"},"modified":"2020-10-09T17:30:38","modified_gmt":"2020-10-09T12:30:38","slug":"house-rents-in-twin-cities-on-the-hike-report","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/house-rents-in-twin-cities-on-the-hike-report.html","title":{"rendered":"House rents in twin cities on the hike: Report"},"content":{"rendered":"\n<p>Islamabad: House rents in both Rawalpindi and Islamabad were seen to increase by 35% during the last two years, a news source reported on October 7. According to the details revealed, inflation and shortage of rental accommodations had contributed to the surge in house rents in the twin cities.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rents-raised-for-shops-owned-by-municipal-corporation.html\" target=\"_blank\" rel=\"noreferrer noopener\">Rents raised for shops owned by municipal corporation<\/a><\/p>\n\n\n\n<p>Moreover, the house rents of properties located within the 40-kilometre radius of the twin cities were recorded to be three times higher than other parts of the country \u2013 further indicating variances between rent levels of other major cities.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/dolmen-city-reit-announces-relief-for-tenants.html\" target=\"_blank\" rel=\"noreferrer noopener\">Dolmen City REIT announces relief for tenants<\/a><\/p>\n\n\n\n<p>According to the Pakistan Real Estate, Landlord and Tenant Law, the <a href=\"https:\/\/www.zameen.com\/news\/punjab-govt-withdraws-tenant-eviction-notification-amid-lockdown-seeks-amendment.html\" target=\"_blank\" rel=\"noreferrer noopener\">tenants<\/a> and landlords are empowered to jointly decide the rent. The same law dictates that the rent increases are imposed every year of tenancy \u2013 to be revised by a 10% increase or 25% increase for every three years of tenancy.<\/p>\n\n\n\n<p><strong><em>If you are seeking a rental accommodation in either Islamabad or Rawalpindi, call us now on: +92-51-111-333-333 (Pakistan), +971-4-4378010 (UAE).<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: House rents in both Rawalpindi and Islamabad were seen to increase by 35% during the last two years, a news source reported on October 7. According to the details revealed, inflation and shortage of rental accommodations had contributed to the surge in house rents in the twin cities. Read: Rents raised for shops owned by municipal corporation Moreover, the house rents of properties located within the 40-kilometre radius of the twin cities were recorded to be three times higher than other parts of the country \u2013 further indicating variances between rent levels of other major cities. Read: Dolmen City REIT announces relief for tenants According to the Pakistan Real Estate, Landlord and Tenant Law, the tenants and landlords are empowered to jointly decide the rent. The same law dictates that the rent increases are imposed every year of tenancy \u2013 to be revised by a 10% increase or 25% increase for every three years of tenancy. If you are seeking a rental accommodation in either Islamabad or Rawalpindi, call us now on: +92-51-111-333-333 (Pakistan), +971-4-4378010 (UAE).<\/p>\n","protected":false},"author":75,"featured_media":66139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15019],"tags":[41135],"persona":[],"class_list":{"0":"post-71300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-research-analysis","8":"tag-house-rents-in-twin-cities-on-the-hike-report","9":"cat-15019-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House rents in twin cities on the hike: Report - Zameen News<\/title>\n<meta name=\"description\" content=\"The rents of properties located within the 40-kilometre radius of the twin cities were recorded to be three times higher than other parts of the country\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/house-rents-in-twin-cities-on-the-hike-report.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House rents in twin cities on the hike: Report - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The rents of properties located within the 40-kilometre radius of the twin cities were recorded to be three times higher than other parts of the country\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/house-rents-in-twin-cities-on-the-hike-report.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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