Pakistan faces 12 million housing shortfall as builders seek govt support
Developers push for subsidized financing as banks remain hesitant
Punjab CM launches free plot scheme for homeless across 22 districts
Maryam Nawaz calls initiative a step towards housing security for the underprivileged
FBR revises property valuation criteria in Karachi
New notification clarifies calculation methods for various property categories
Four PCBL officials arrested in major land fraud case involving state property
225 kanals of state land illegally converted to private housing schemes; 41 individuals, including officials and property consultants, named in case
Govt task force recommends tax cuts, policy reforms to boost housing sector
Proposals include abolishing section 7E, reducing transaction taxes, and easing regulations
Property registrations for high-rises in Karachi stall amid FBR valuation uncertainty
Unclear guidelines on multi-story buildings leave sub-registrars unable to process sales; Karachi Tax Bar Association urges FBR to clarify the matter
Saudi Arabia opens real estate investment in Makkah and Madinah to foreigners
The move aligns Saudi Arabia with regional trends, where neighboring countries allow foreign property ownership in designated areas
NAB warns against investing in Bahria Town’s Dubai project, pursues Malik Riaz’s extradition
Property tycoon terms NAB’s allegations another blackmailing tactic, says he will neither be used against anyone nor succumb to blackmail
FBR considers cutting withholding tax, reviewing 5% FED for first-time homebuyers
Task force formed to align property taxes with market; realtors show optimism about the upcoming incentive package
Rs393 million property tax scam uncovered, officials face disciplinary action
Scam involved misappropriation of Transfer of Tax on Immovable Property fees during the registration of sale deedsÂ
FBR imposes approval condition on overseas Pakistanis for property tax exemptions
New rule requires Commissioner Inland Revenue's verification for non-resident status
One year on from Regent Plaza sale to SIUT, hotel’s parent company bows out from PSX
The hotel owners are going to be delisted from the exchange after completing all formalities. It puts an end to a sale that raised questions about how business is done and announcements made on the PSX. Â
Court seeks response from FBR as DHA challenges FED imposition on property
Excise duty applies solely to goods and services, immovable property does not fall into either category: objects DHA’s counselÂ
FBR issues new procedures to collect FED by developers and builders
Developers and builders to collect 3% duty on property transfers, rising to 7% for non-active taxpayers
FBR removes holding period for property capital gains tax
New tax rates on property sales apply from July 1, 2024