Dec 172013

Finance Minister Senator Muhammad Ishaq Dar directed the Security Exchange Commission of Pakistan (SECP) to draft necessary regulation for the setting up of a Real Estate Regularity Authority to regulate the real estate sector on par with modern jurisdiction.

He made these observations during the presentation by the SECP at the Finance Ministry on Monday. Senator Ishaq Dar said that the government had decided to dedicate two sectors in Islamabad where overseas Pakistanis could purchase plots of land for which payment would be made in foreign currency. The overseas Pakistanis, the finance minister said, should have the comfort that their investment was secure and the process was transparent. Continue reading »