2 Days
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بوابة الشروق
Old owners' coalition on rent hikes: law applies to all
The head of the coalition of owners of old properties stated that the implementation of the 14th rent increase of 15% for residential and commercial properties will begin next September, as part of a seven-year schedule. He emphasized the necessity of applying the law to everyone, noting that most tenants are complying with the increase, and that legal authorities will take measures against those who fail to implement it. He also underscored that the law has been ratified to ensure its full enforcement, with the deadline for submitting substitute housing requests extended until October 12 to facilitate tenants' adaptation process.
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