Rent increase cap / March 2016

March 2016 rent increase cap

7.97%

For home and workplace leases renewing in March 2016, the rent can rise by at most 7.97%. This is the February 2016 change in CPI by 12-month averages, published by TÜİK on 3 March 2016.

Awaiting comparison with the TÜİK bulletin

Data month: February 2016 inflation · Source: TÜİK

Calculate your new rent

Current monthly rent

Lease renewal month

Maximum new rent

TRY 21.59

Increase: TRY 1.59 · 7.97%

Renewals in March 2016 use the February 2016 12-month average CPI. Source: TÜİK.

For information only; not legal or financial advice.