Traders term Is­lam­abad costlier city due to ab­sence of rent con­trol act

Daily Messenger - - Biz -

IS­LAM­ABAD: Muham­mad Naveed Ma­lik, Act­ing Pres­i­dent, Is­lam­abad Chamber of Com­merce & In­dus­try said that the lo­cal traders had been de­mand­ing for pro­mul­ga­tion of new rent con­trol act for Is­lam­abad for the last three decades, but still no progress was­made to meet this very old de­mand.

He said the ab­sence of rent con­trol act has made Is­lam­abad the costlier city of Pak­istan due to which it was not af­ford­able for a mid­dle class per­son to live in the fed­eral cap­i­tal.

He was talk­ing to a del­e­ga­tion of lo­cal traders that called on him led by Aj­mal Baloch, Pres­i­dent, Markazi An­ju­man-e-Ti­jaran and Traders Ac­tion Com­mit­tee Is­lam­abad. Khalid Chaudhry, Sec­re­tary, Traders Ac­tion Com­mit­tee Is­lam­abad, Raja Safeer, Ch. Za­far Gu­j­jar, Shi­raz Sid­diqui, Tahir Ab­basi, Agha Eht­e­sham Nawaz, Fa­heem Khan and oth­ers were in the del­e­ga­tion.

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