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ICCI for promulgation of balanced rent control act

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Staff Reporter

Islamabad

Islamabad Chamber of Commerce and Industry (ICCI) here on Saturday called for promulgation of a balanced rent control act in federal capital in order to promote trade and commerce activities.
President ICCI Sardar Yasir Ilyas Khan along with a delegation visited Sitara Market, G-7 Markaz Islamabad and congratulated Syed Altaf Hussain Shah, President, Rana Akram, Secretary General and other newly elected Office Bearers of the Traders Welfare Association of the market on achieving landslide victory in the elections.
Speaking on the occasion, Sardar Yasir Ilyas said that the promulgation of a balanced rent control act in the city was the need of the hour as it was a long-standing demand of the traders.
He said that the absence of a rent law was not only giving rise to rent disputes between the tenants and landlords, it also affected the business activities as well.

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