Business

Govt to Increase Rental Allowance for Grade 1 to 22 Employees in Six Cities

The federal government is set to increase rental ceilings for grade 1 to 22 government employees in six cities.  

According to documents seen by ProPakistani, the estate office is working on the revision of rental ceilings for hiring residential accommodation at specified six stations, including Islamabad, Rawalpindi, Karachi, Peshawar, Lahore and Quetta. 

The Estate Office observed that rental rates in Islamabad vary significantly based on the are of sector.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

Survey results from Islamabad

After completing survey details, the market rates of residential accommodation in various areas at Islamabad are as follows. 

Grade New (Proposed) 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

Revision in ceilings expected soon

Similar surveys have been carried out in the other five cities. Estate Office will now sends its recommendations to the Ministry of Housing.

The Ministry of Housing will review these proposals and send its summary to the Prime Minister for approval.

It is pertinent to mention here that there has been no change in rental ceilings since 2021 which forces the employees to contribute funds from their pockets to cover rent.


Note: Actual revision in rates may vary from the survey results. However, a final decision in this regard is expected in the coming weeks.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

Share
Published by
ProPK Staff