The decision was taken at an Aam Aadmi Party legislators' meeting today
Owners of eight residential buildings, housing 280 apartments, had petitioned the committee, the secretary-general of the committee, Ibrahim Frehat, told Khaleej Times.
In their complaints, the tenants alleged that a number of realty offices and investors give attractive offers to the landlords leasing out their properties at astronomical prices, he pointed out.
The panel also rejected the request of the landlords for increasing the rent by 5 per cent as a year had not passed since the current tenancy contracts were signed, he noted.
Under the law, the rent of a property cannot be increased within a year of signing of the tenancy contract, he said.
He, however, said the committee is authorised to reduce or revoke the annual increase, if the building is old and needs maintenance.
The decision was taken at an Aam Aadmi Party legislators' meeting today
RT was forced to cease formal operations in Britain, Canada, the European Union and the US due to sanctions after Russia invaded Ukraine
It includes lectures, dialogue and workshops featuring a select group of qualified speakers and educational specialists
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Some analysts attributed the drop in prices to profit-taking following a strong rally in the past few trading days
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