2023-09-06 16:48:59
Manama: As the demand for flats decreased in Bahrain, the rental rates also decreased. This is due to the decrease in the number of expatriates living with their families. With this, the rental rates of flats and apartments have come down, according to real estate company representatives and agents.
In the town areas, many apartments and villas, which used to charge 500 dinars to 1000 dinars, are now available for 350 dinars to 700 dinars, and fully furnished double-room flats, which used to charge 400 dinars to 600 dinars, are now available for 250 dinars to 400 dinars. Flats are now available at even lower rates in inner areas such as Budaiya, Galali and Tashan. With the cost of living rising, many expats have vacated flats and moved into bachelor accommodation, which has also led to lower rents.
With the removal of government subsidy for electricity and water usage, the steep rise in water and electricity bills along with flat rents has also led to the exodus of families. Expats now mostly prefer buildings with fully furnished unlimited with electricity rent. Flats are available at cheap rates but lack of parking facilities is another problem.
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Expatriate Malayali found dead
Manama: A Malayali was found dead in Bahrain. Kolannattu Velayudhan Jayan (46), a resident of Malappuram Ponnani Tirur west side, was found dead at his residence.
He was running a small grocery business and might not be reached on the phone since Sunday, so his relatives from the country informed his friends in Bahrain. The shutter of the shop was open but the man might not be found during the search. Neighbors looked at the current residence but might not find him.
With this, the sponsor lodged a police complaint. Later, he was found dead inside the flat where he used to live with his family. Suicide is suspected. His wife Amrita and son are now in the country. The Kerala Social Forum helpline and sponsor for Bahrain are in touch with the Indian Embassy and are finalizing the steps to repatriate the body.
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