Parking issues are destroying our beautiful developments Pakistan is one of the fastest developing nations of the world. Urban areas are packed with people and usage of vehicles in increasing day by day in Pakistan. Majority of commercial and residential developments in Pakistan are old and cannot accommodate the increasing number of vehicles. Parking is…
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Government has ruled out tax amnesty for reality sector Rumor about Real Estate Tax Amnesty Scheme Real estate transactions have greatly reduced due to new property tax amendments. Due to low activities and reduced income, real estate stake holders and realtors recently held massive protests across the country. The common talk of the town was…
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Pakistan reality sector without black money and foreign remittances Pakistan reality market is stagnant due to low sale and purchase activities. Prices are tumbling in every major urban areas of Pakistan. Real estate transactions have reduced to record low, about 90% down from pre-budget level. Property prices in Pakistan are higher for masses even after…
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AMNESTY SCHEME for real estate sector Property transactions have almost stalled in all major cities of Pakistan and property prices are already down by 20-35%. Many real estate agents have closed their agencies due to approximately zero income. Recently, real estate agents and reality sector stakeholders held protests in Karachi, Lahore and Islamabad. After these…
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Property market stagnation is due to large size properties Pakistan property market stagnation Pakistan property market is stagnant at the moment. According to real estate experts its due to the new property tax amendments. But there is another cause of property market stagnation that we are ignoring, PURCHASING POWER OF BUYERS. As we all know…
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Now its buyer’s property market in Pakistan Buyer’s property market A buyer’s property market can be defined as a market where properties are more than the buyers. In this case buyer has more choice and negotiating power. In buyer’s market, buyer gets the cheap deal as buyer has more property options. Seller’s property market A…
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Finally NO AMNESTY for real estate sector Since the last few weeks, there was much hype of amnesty scheme for Pakistan reality sector. Everyone had own views about the coming amnesty scheme. According to realtors and sellers, amnesty scheme will increase the real estate market activities and price will rise with more profit. According to…
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Amnesty scheme is good for genuine buyers Amnesty scheme for Pakistan real estate sector The Federal Ministry of Revenue is preparing the draft to offer amnesty scheme for the real estate sector. In few days, Finance Minister will announce the final draft after approving it. This amnesty scheme will be offered to normalize the real…
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Prices of expensive properties are falling faster Pakistan real estate sector is passing through slump phase, which is getting worst with the passage of time. Present slump in reality sector of Pakistan started with the property tax bill 2016. Taxes were increased in the tax bill 2016 and new property valuation tables were introduced by…
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Current situation of Pakistan property market Pakistan real estate market in Q3 Pakistan real estate market is in decline as property transactions are record low. Property prices are falling in almost all major cities and areas. The third quarter, Q3 is almost over and now we can see the real effects of property tax amendments….
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
