Islamabad, Sep 13:  For grade 1 through 22 federal employees in six locations, the federal government has raised the rental maximum.

Documents show that the estate office has published a notification on the revision of rental ceilings for residential rentals at six stations: Quetta, Lahore, Islamabad, Rawalpindi, Karachi, Peshawar, and Lahore.

According to the Estate Office document, following a thorough investigation to determine the market rent rates for residential accommodations in Islamabad and five other locations, the Ministry of Housing and Works has authorized the change of rental ceilings.

It has been noted that the neighborhood or sector has a considerable impact on rental rates.Following the completion of the survey, the market prices for residential housing in Islamabad’s various areas are as follows.

Grade New Old Difference
BPS 1 to 2 Rs. 10,192 Rs. 7,029 Rs. 3,163
BPS 3 to 6 Rs. 15,921 Rs. 10,980 Rs. 4,941
BPS 7 to 10 Rs. 23,784 Rs. 16,403 Rs. 7,381
BPS 11 to 13 Rs. 35,878 Rs. 24,744 Rs. 11,134
BPS 14 to 16 Rs. 45,073 Rs. 31,085 Rs. 13,988
BPS 17 to 18 Rs. 59,663 Rs. 41,147 Rs. 18,516
BPS 19 Rs. 79,320 Rs. 54,704 Rs. 24,616
BPS 20 Rs. 99,615 Rs. 68,700 Rs. 30,915
BPS 21 Rs. 119,728 Rs. 82,621 Rs. 37,107
BPS 22 Rs. 142,743 Rs. 99,444 Rs. 43,299

The increase in rental ceilings for all grades comes to around 45 percent.

 

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