400 Pakistanis put on FBR’s list for possessing real estate in UAE
ISLAMABAD: The Federal Board of Revenue (FBR) has listed 400 Pakistanis who own real estate in the United Arab Emirates (UAE), after...
Real estate sector amnesty scheme aimed at legitimising black money
ISLAMABAD: In an apparent wish to have an amnesty scheme for investors in the real estate sector, builders and developers have enquired...
Pace Pakistan reaches settlement with Askari Bank, asks PSX to restore trading in its shares
LAHORE: A bourse notification filed by Pace Pakistan Limited (PPL) revealed it reached a settlement agreement with Askari Bank and the bank...
FBR starts survey of commercial buildings/plazas to unearth tax evaders
ISLAMABAD: As Federal Board of Revenue continues failing in widening its tax base, the government has initiated surveys of commercial and high-rise...
Bahria Town ‘Clean Karachi’ campaign advances into third week
KARACHI: Bahria Town ‘Clean Karachi’ campaign successfully advanced into the third week of its second phase of cleaning the Korangi district.
Bahria Town team...
ABAD to build its own low-cost housing societies in Karachi, Lahore and Islamabad
KARACHI:Â Association of Builders and Developers of Pakistan (ABAD) has decided to launch low-cost housing projects in Karachi, Lahore and Islamabad through which...
Center rebuffs Balochistan’s request to lift ban on new housing schemes in Gwadar
ISLAMABAD: Balochistan’s government suggestion to re-open launch of new commercial and housing societies in Gwadar has been shot down by the federal...
Smart living comes with smart usage of technology
ISLAMABAD:Â The world is living in the smart age: from telephone to work ethics and lifestyle, every aspect of life is going to...
Mortgages escalate 250 percent during 1st quarter of FY 2017-18
KARACHI: Driven by low interest rates regime, State Bank of Pakistan (SBP) reported house financing loans registered a staggering rise of 250...
Revised real estate valuation rates to boost revenue collection: FBR
ISLAMABAD:Â According to the Federal Board of Revenue (FBR), the recent adjustment of real estate valuation rates in selected areas of some major...
Pace Pakistan files for restoration of share trading on PSX
LAHORE: A bourse notification filed Monday from Pace Pakistan Ltd has sought ceasing of order issued by Pakistan Stock Exchange (PSX) on...
FBR notifies decrease in property valuation rates of up to 57 percent
ISLAMABAD: Property rates in six cities will plunge 57 percent after the Federal Board of Revenue’s (FBR) decision on Thursday to reverse...
Parliamentary committee fails to make headway in Dubai real-estate investment probe
ISLAMABAD: A special parliamentary committee established to investigate investment of $8b in Dubai’s real estate by Pakistani’s failed to gather any information,...
The great land theft
If there is a single place that can be thought of as the foremost cathedral to free-market capitalism, it is not the...
UAE real estate giant Emaar to raise $1.5b from IPO
DUBAI: Emaar Development, a unit of Dubai property firm Emaar Properties, has set an indicative price range for its initial public offering,...