Real Estate

Islamabad’s Struggle with Housing Schemes: A Call for Accountability In a significant development for Islamabad, representatives from the city’s top civic authority and the district magistrate have been summoned to the court to address concerns regarding government departments’ involvement in housing societies. This unprecedented move highlights ongoing issues in urban planning and real estate management […]

Understanding Pakistan’s New Regulations for Real Estate, Jewelry, and Accounting Sectors On Tuesday, Pakistan introduced stringent new regulations aimed at enhancing oversight of certain sectors, including real estate, jewelry, and accounting. This move is part of the country’s commitment to meet the Financial Action Task Force (FATF) requirements, which monitor efforts to combat money laundering […]

The State Bank of Pakistan (SBP) has announced the government of Pakistan’s markup subsidy for affordable housing finance. In a statement, the central bank said the government would provide a markup subsidy facility for the construction and purchase of new houses. This facility will allow all individuals, who will be constructing or buying a new […]

KARACHI: The residents, builders and property dealers of Bahria Town Karachi (BTK) on Monday held a peaceful demonstration against the attack by miscreants on Sunday, which caused losses worth billions of rupees on the grand housing scheme, calling it an “act of terror”. Bahria Town Dealers Association Chairperson Raheel Haroon, while talking to the media, […]

  Human beings have craved connection for centuries, and now more than ever before. As a result, communal living and micro-communities have risen in popularity. In the real estate sector, communities are actively designed to foster happiness in people and to offer people a sense of belonging. With a similar concept, MIDCITY is revolutionising real […]

ISLAMABAD: The government should formulate a long-term policy, provide tax relief and use digital mapping for tapping the full potential of real estate sector, which will create jobs and boost the economy, said Imarat Group Chairman Shafiq Akbar. The Imarat Group is an innovator in the realty sector and has set up the Graana digital […]

RAWALPINDI: Record increase in taxes, duties, stamp paper rates and property rates has brought the flourishing real estate business to a standstill. Owing to the increase in the rate of taxes and duties, a decrease of Rs5 billion in property sales and income has been recorded in the first two months of the new fiscal […]

ISLAMABAD: The Ministry of Housing and Works is planning to vacate government houses and quarters in the federal capital which have been under adverse occupation. Hundreds of houses and quarters are under the illegal occupation of retired government servants and their relatives, who have also carried out extension work in government houses without the approval […]

KARACHI: Real-estate is a major avenue for investment in Pakistan and, in terms of returns, has beaten almost all asset classes. According to the House Price Index of Zameen.com, houses have exhibited a compound return of almost 13% in the last 10 years. This compounded return has reached almost 18% in the last two years. […]

LAHORE: Pakistan’s real-estate sector is equipped enough to drive the country’s economy forward as it has the highest per capita demand for housing in the world. On the demand side, the real-estate sector is the preferred investment avenue for most Pakistanis and is currently worth over $3 trillion. Additionally, according to a World Bank report, […]