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A Brief Comparison Of Real Estate Between Karachi and Lahore

The Karachi and Lahore debate on various topics linked with the lives of their residents is not something new in Pakistan. But one thing we all can agree upon is that the pace of life in both the metropolises is truly rapid. The significantly rising population of both cities has drastically raised the demand for housing and other related amenities. Both Karachi and Lahore have their own ways to tackle this rising issue, and this is something which creates a difference in the lifestyle of the residents of both cities. Today,…

Green Line BRT – Karachi To See Pakistan’s Largest Metro Bus Network

Karachi is not only Pakistan's largest city in terms of population and area, but it is also one of the biggest metropolitan cities in the world. The city serves as the major commercial and business hub for the country.  Karachi is home to hundreds of thousands of people belonging to working-class. Therefore, people need to commute each day to earn their living. But unfortunately, the megacity lacks a proper transportation system which is one of the major concerns of the citizens. The news about the introduction of Green…

Property Tax To Fall As FBR Values To Raise Near Market Rates

The government is planning to decrease the property-tax ratio after they raised the FBR valuations to market rates. The news has been revealed the Federal Minister for Revenue Hammad Azhar. He unveiled this information while addressing media after the launching ceremony of a new website for the Federal Board of Revenue (FBR). He also briefed the media regarding the most talked-about upcoming Amnesty Scheme. Hammad Azhar believed that such a scheme requires new legislation and it can not be announced through an ordinance.…

Amnesty Scheme For Non-filers

The PTI government is considering to launch an amnesty scheme in a bid to bring the non-filers on the tax net. According to media reports, the government will also introduce budgetary measures before availing the IMF package. According to Finance Minister Asad Umar, the details of the amnesty scheme are yet to be finalized. However, he did confirm that the scheme will be announced before the next budget. Asad Umar also revealed that the government will open the selling and purchasing of property for non-filers very…

Complete Real Estate Investment Guide for Beginners in Pakistan

The real estate sector of Pakistan attracts the interest of millions of people across the country. The secure, timely, and healthy returns of investment make this sector one of the most profitable industries of Pakistan. However, working in this industry is surely not a piece of cake. It's something beyond buying at a lower rate and selling at higher rates. In order to gain handsome rewards, one should know the foundations of real estate investing. It not only involves various intelligent considerations but also a good…

Want To Buy Plot in Pakistan?

There are a number of people in Pakistan who always wishes to buy plot. The attractive and healthy returns of investment in the real estate sector tempt many people. In the past, people mostly tend to make short term investments, therefore, the market trajectory was largely determined by this trend. Their rapid strategies and hasty practices raised real estate rates drastically. This dangerous increment made it almost impossible for a common man to buy a property. Thus, a large number of genuine buyers were sidelined.…

RealEstate Regulatory Authority

According to the Global RealEstate Transparency Index (GRETI) 2018 report, Pakistan secured the 75th rank. The report was released in June 2018. Standing on the 75th spot is a remarkable improvement for the country as it was the jump of almost 15 positions. Pakistan has moved up the ranks of the index’s ‘low transparency’ tier. According to the author of the report, The enhancement was subjected to ‘regulatory reforms and increased data collection and publication by government bodies’ by the report’s authors.…

Taiser Town MDA Scheme 45 – Opinions & Future

Sind government has announced a new low-cost housing project located on the northern bypass which is targeted for lower middle and lower income class of Karachi. The project has been announced under the banner of the Malir Development Authority (MDA). The newly announced scheme, Taiser Town Scheme 45 offers a wide range of residential plots of different sizes. The prices start from as lows as PKR 1000 per square yard. However, the bookings in the scheme are subjected to the success in a computerized ballot that will be held…
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