Lahoris are ready for apartment living – if only the real estate agents would let them do it
In a speech to Parliament in 2016, current Prime Minister and then opposition member Imran Khan defended his ownership of a flat...
Bank Al Habib buys Centrepoint from TPL Properties for nearly $50 million
The nation is curious: exactly how much did one of the fanciest buildings in the largest city sell for?
Chakri’s real estate gang wars
Caught in an armed standoff, Blue World City and Abdullah City are fighting over land they don’t own, all while they continue to sell plots illegally
The great Pakistani real estate racket
Master Tile’s La Ville De Paris scheme is just one example of everything that is wrong with how real estate in Pakistan works.
Rs30bn subsidy announced for Naya Pakistan Housing Project
ISLAMABAD: The government has announced a special package for the construction sector that includes an amnesty scheme, tax exemptions and a Rs30...
Govt urged to introduce soft taxation regime for real estate sector
LAHORE: The government must formulate special policies
and introduce a soft taxation regime for the country’s real estate sector.
This was the upshot of...
Hafeez Shaikh stresses need to incentivise real estate sector
Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Monday stressed the need to incentivise the real estate sector in...
India lowers tax on new home sales ahead of general election
MUMBAI: India on Sunday announced a cut in the goods and services tax charged on sales of residential properties under construction, according...
TRC decides to refine system for valuation of immovable properties
Hence, it has been agreed upon to survey the likelihood of effectively utilizing the National Database and Registration Authority (Nadra) data for bringing potential people into the tax net
Govt jacks up property valuation rates by average 20%
This step will allow the government to rake an additional Rs5 billion in tax revenues in the last five months (Jan-Jun) of the current financial year 2018-19
Packages Ltd seeks details of orders from apex court regarding leased land
On Saturday, the apex had ordered Packages Limited to pay lease payment of Rs500 million for the land where its factory is built following the expiry of the lease agreement in 2015
China house price gains no longer a certainty: central bank adviser
Following a furious boom, China has gradually tightened regulatory controls over its massive property market from mid-2016.
China warns cities to cut reliance on property, developers’ shares fall
The total sales of China’s top 100 real estate developers soared 35 percent last year, according to private research firm CIRC
SECP revamps regulatory framework for REITs
ISLAMABAD:Â In continuation of its efforts to foster the growth of real estate investment trusts (REITs), the Securities and Exchange Commission of Pakistan...
Government reluctant to implement key reform on immovable properties
Notwithstanding, it is mandatory under Income tax law to establish the Directorate General of Immovable Property