To increase transparency in the property valuation sector of Pakistan, the Federal Board of Revenue (FBR) has brought property valuation rates closer to market values ever since it was authorised to revise valuation in the metropolitan cities of the country. The FBR has revised property valuation tables two times in the past, once in 2018, [...]
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The Rawalpindi administration and local government authorities plan to build a 500-bed new District Headquarter Hospital (DHQ) hospital in Chakwal district to improve patient accommodation capacity in the healthcare sector of the region. According to Dr Yasmin Rashid, the provincial minister for Specialised Healthcare & Medical Education, the establishment of a DHQ in the Chakwal [...]
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To encourage growth in the manufacturing sector in Punjab, the provincial and federal government has decided to build and establish 10 Special Economic Zones (SEZs) in different areas of the province. Under the list of 10 SEZs planned, the approval for the construction of four of these SEZs has been attained. These SEZs will be [...]
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The Capital Development Authority will start its metro bus services as a trial from Peshawar Mor to Islamabad International Airport (IIA) from March 15 onwards. Currently, the metro bus operates on a single straight route from Saddar in Rawalpindi to Pak secretariat in Islamabad. Now the government wants to diversify the routes to increase the [...]
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For the first time in history, the Federal Board of Revenue reported 1 trillion PKR revenue from tax collection in the first quarter of the current fiscal year. According to the State Bank of Pakistan (SBP), FBR surpassed its target of Rs 970 billion by a large margin of 34 billion PKR. An analysis of [...]
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The affordable housing programs under the Federal Government Employees Housing Authority (FGEHA) and the Pakistan Housing Authority Foundation (PHAF) has observed a decline in progress due to an escalation in the cost of raw materials for the construction of houses. Most of the contractors stopped working on the existing projects because of the increasing prices [...]
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[nectar_animated_title heading_tag=”h1″ style=”color-strip-reveal” color=”Accent-Color” text=”Pakistan’s 1st Real Estate Think Tank”]
Love4 Share Tweet Share Pin The real estate market of Pakistan has seen an uptick in the development of high-rise projects, both in the residential and commercial sectors. As people shift their preference from building homes in faraway areas to living in luxury apartments and high-rise buildings, the demand of such units has grown exponentially. [...]
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To help commercial banks meet their mandatory targets for housing and construction financing, the State Bank of Pakistan has proposed new regulatory measures. Even though this year has witnessed rising profits, banks have not performed well on the disbursement of loans for housing and construction. In September last year, the SBP introduced mandatory targets that [...]
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The Capital Development Authority (CDA) has decided to merge several points on the Islamabad expressway to shift partial traffic on the opposite side of the highway to reduce traffic during peak hours. The local administrative authority states that extreme traffic congestion led to severe delays and difficulties with regard to the mobility of daily commuters. [...]
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