Left Menu
Development News Edition

Berlin could cap rents at 7.97 eur per square metre-Tagesspiegel

Reuters | Berlin | Updated: 26-08-2019 03:29 IST | Created: 26-08-2019 03:25 IST
Berlin could cap rents at 7.97 eur per square metre-Tagesspiegel
Image Credit: ANI

Berlin's city government plans to cap rents at 7.97 euros ($8.88) per square metre per month as part of a rent freeze agreed earlier this year, newspaper Tagesspiegel reported, citing a draft law. Katrin Lompscher, Berlin's Senator for Urban Development, plans to apply the cap to flats built until 2013, the report said, adding flats built from 2014 would be exempted.

The draft is still subject to discussions and could still change, the report said. The Senate will prepare a bill to be sent to the city's parliament by Oct. 15. It is intended to take effect in January.

Berlin's city government in June decided to freeze rents for five years, heeding complaints from residents that their once famously affordable city was pricing them out. Deutsche Wohnen is Berlin's biggest landlord with more than 115,000 flats in the German capital while peer Vonovia owns more than 42,000. ($1 = 0.8973 euros)

Also Read: Police probe Georgian's 'execution' in Berlin park



International Day of Non-Violence: Rising crimes against animals call for 'Ahimsa' redux

2020 has seen some of the most horrific incidents of animal-directed violence in India. The only silver lining - if you will - is the wave of backlash that not only sparked awareness for the prevention of animal cruelty, but also a sensibil...

South Africa's COVID-19 response: Surprising outcomes or just poor data management?

South Africa has been committed to improving its health information system and shows that a robust digital has considerable scope to improve healthcare for the entire population. But the COVID-19 pandemic has highlighted that significant ga...

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...


Latest News

Mizoram reports 41 more recovered COVID-19 cases

Mizoram reported 41 more recovered COVID-19 cases on Thursday.According to the Department of Information and Public Relations, the total count of cases in the state has risen to 2,018, including 1,638 discharges and 380 active cases until O...

U.S. fines Emirates $400,000 for flying over Iranian airspace

The U.S. Transportation Department said Thursday it fined Emirates airline 400,000 for operating flights in parts of prohibited Iranian airspace in 2019.The flight was carrying the JetBlue Airways code and therefore subject to U.S. regulati...

Lahiri off to flying start with 6-under 66 in Sanderson Farms

Indias Anirban Lahiri got off to one of his best starts on the PGA Tour as he fired a sizzling six-under 66 in the first round of the Sanderson Farms Championship here on Thursday. He was Tied-third when he finished after being one of the e...

IPL 13: We have more balanced side this year, says Yuzvendra Chahal

Spinner Yuzvendra Chahal reckons that Royal Challengers Bangalore RCB are a more balanced side as compared to their last two seasons in the Indian Premier League IPL. Chahal, who has taken 105 wickets in the showpiece event, exuded confiden...

Give Feedback