Qatar Tribune
First Page Gulf / Middle East World
United States South Asia India
Europe Pakistan  
  
United Kingdom Philippines /SE Asia  
Home About Us Advertising Archives Subscribe Site Map Contact Us
 
 
Saturday, May 25 2013
Mood in Iowa
Mitt Romney had a hard time selling his agenda to far right GOP supporters THE Iowa caucuses, in which a nation awaits the verdict of a handful of some of its least representative citizens, are not going to settle the race for the Republican nomination for president. ...
IT'S TIME TO SWITCH OFF
LET'S hear it for Volkswagen at the start of 2012. The German automaker has responded to demands from its works council by agreeing to stop the email server to its BlackBerry-using employees a half-hour after their shift ends...
Al Watan - Arabic Newspaper
Jamila - Monthly Women Magazine
Nation Business Sports Chill Out
Barwa defends 10% rent hike at Mesaimeer, Al Sailiyah

ASIF IQBAL

DOHA

BARWA Masaken, a subsidiary of Barwa Real Estate, has defended its decision to implement a 10 percent rent hike at its affordable housing projects citing spiralling maintenance cost and plans to have new amenities and services at its housing projects as the reasons.

“For Barwa Mesaimeer, the rent hike would be effective from February and at Barwa Al Sailiyah it would be charged from July,” General Manager of Barwa al Sailiyah & Mesaimeer Limited Company Khalifa al Mohannadi told Qatar Tribune on Wednesday.

He said the rent had to be increased due to substantial increase in maintenance expenses pushed up by rising material costs. “We had been providing free maintenance in the last three years and adjustments in the rent had to be made to cover some operational and commercial costs,” al Mohannadi said.

Barwa has 1,984 two and three-bedroom apartments in both Mesaimeer and al Sailiyah complexes with rents of QR3,000 and QR3,500, respectively.

The two housing projects were a pioneering initiative in the country to provide affordable housing units to low and middle-income families, both nationals as well as expatriates.

Once the hike comes into effect, rents would go up to QR3,300 for two-bedroom and QR3,850 for three-bedroom apartments in both the complexes.


TB cases on rise, number of specialists decline in Qatar
Nadal, Federer move into quarter-finals
Barwa defends 10% rent hike at Mesaimeer, Al Sailiyah
Qatar aims to meet 70% of food demand locally
Nadal, Federer move into quarter-finals
Qatar aims to meet 70% of food demand locally

  About Us Advertising Subscribe Careers Contact Us