Crackdown begins on owners of luxury houses to recover unpaid tax
One-time luxury tax applies to homes built after 2000 with a minimum of two kanals or 6,000 square feet of constructionÂ
FBR set to raise property valuation rates by up to 100% in major cities
Revised property rates to cover 42 cities, with plans to expand to more urban centres
FBR removes holding period for property capital gains tax
New tax rates on property sales apply from July 1, 2024
FBR details new tax rules for builders and developers
Tax body makes amendments to the Income Tax Ordinance 2001; new guidelines aim to enhance tax collection from the real estate sectorÂ
RUDA is starting to approve private housing societies. Where do things stand?
After controversial beginnings, the Ravi Riverfront Project is getting into the hands of private developers. What does it take?
Near Lahore’s Walton Road, Seth Abid’s leftovers are up for grabs
Silently and almost in obscurity, Premier Villas has become popular in a location where the real estate market seemed dead. Here’s how it happened
Real estate and securities are made a no-go area for non-filers
As the budget speech comes out, it is becoming evident that the breathing space that was given to non-filers in the past...
Despite the rumours, the CBD is not buying land in Falcon and Askari V
The CBD was set up to develop real estate on existing and unused govt land.Â
Rs14.5bn – Is Pakistan about to record its biggest ever corporate real estate sales?
The sale of Regent Plaza to SIUT would be the biggest real estate purchase in Pakistan but only in rupee terms.Â
How Creek Marina went from being the next big thing in real estate to 19 acres of nothing
The controversial project, once positioned to be the jewel in Karachi’s skyline, faces accusations of being a vehicle for money laundering
Lahore’s Spanish Inquisition
Lahore has been flooded with Spanish style architecture. But what does that mean for the real estate market?
KP decides to freeze 517 development projects worth Rs469b
The Khyber Pakhtunkhwa (KP) government has ordered the freezing of 517 development projects worth Rs. 469 billion in the current developmental program....
Punjab Board of Revenue implements strict measures to expedite property mutation process
No construction in Murree permitted without obtaining NOC from 10 departments says SMBR
Govt likely to renew REIT scheme benefits for another three years in budget 2024-25
The scheme will help efforts to document the real estate sector, where currently large sums of untaxed money is parked
NAB issues questionnaire to developer of PU Town III in ongoing investigation
LAHORE: On Monday, it was reported that the National Accountability Bureau (NAB) Lahore has expanded its investigation into financial irregularities concerning PU...