03.04.2025 10:20
The Turkish Statistical Institute (TÜİK) has announced the inflation data for March. Thus, the ceiling rent increase rate that will be applied in April has also been determined. Accordingly, the ceiling increase rate, based on the 12-month average inflation, has been set at 51.26%.
According to this, inflation increased by 2.46% on a monthly basis in March, while annual inflation was realized at 38.10%. Inflation figures are not only indicators of economic data but also stand out as significant data for housing, land, and commercial property rents. This is because the ceiling increase rate is based on the 12-month average of inflation.
THE CEILING RENT INCREASE RATE HAS BEEN 51.26%
The ceiling rent increase rate that can be applied to rents is determined by the 12-month average of inflation that emerges along with the inflation data announced by TÜİK. A ceiling increase of 25% was applied to residential rents for 2 years until July 2024.