Realestate

Property related information

State Bank of Pakistan moves to boost housing finance

Click here: Policy for Promotion of Low-Cost Housing Finance After announcing ‘Policy for Promotion of Low-Cost Housing Finance’ on July 18, the State Bank of Pakistan (SBP) has taken the government and Pakistan Mortgage Refinance Company (PMRC) on board for provision of cheap financing to help solve the problem of housing shortage. The SBP had …

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Legal mechanism in the offing to curb land mafia

In order to curb the menace of land grabbing and to devise a legal mechanism for the speedy restoration of properties in illegal possession, The Anti-Qabza Group Sub Committee has started preparing recommendations for effective and meaningful reforms in land related laws. Commissioner Overseas Pakistanis Commission (OPC) / Member Anti-Qabza Group Sub Committee, Afzaal Bhatti …

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Gwadar steals attention as real estate market fluctuates

By Shahram Haq Pakistan’s real estate market saw a fluctuating trend in February with some areas showing growth. According to statistics released by Zameen.com, a property portal, investor sentiments turned towards Gwadar, which is in the limelight due to the China-Pakistan Economic Corridor (CPEC) initiative. Another preference for realty investors remained Gujranwala, as a lot …

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Dubai market attracts overseas Pakistanis

WHT on banking transactions Lahore: Dubai property market has become a major investment destination for oversees Pakistanis, particularly after the imposition of withholding tax on banking transactions and new property evaluation system introduced in the last federal budget 2016-17. Real estate market agents have said they thought the UAE property market was costlier than that …

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