New Rental system introduced in Chitral
Chitral — A new system of rental agreement with tenants of shops in Ataliq Bazar Chitral has been introduced by Wg Cdr (r) Fardad Ali Shah, the proprietor of these?shops. Explaining to CN?the concept ?he said he has introduced the new system after due diligence and thorough consideration of all aspects, specially about being just and fair which he said is his prime belief in?life.
Giving details of the new arrangement he said, now any one wanting to rent a shop in his property will not have to pay heavy outright security or ‘pagri’ as it is locally called. Instead the renter will only pay the yearly rent in advance and enjoy the shop for the whole year without any botheration of paying monthly rents. At the end of the year if the person wishes to?continue he will pay the next years rent as before and continue thus.
Wg Cdr (r) Fardad Ali Shah said this offer has been highly appreciated by shopseekers and given them the choice between the old system and this one 100 percent shopseekers opted for the new system. He further said that he is confident that his new system would be adopted countrywide sooner than later, except by over ambitious?landlords who want to extract maximum security/pagri deposit at the time?of the agreement. — CN report, 21 Nov 2016.