After shocks of property tax amnesty scheme Tax amnesty scheme for real estate sector approved National Assembly has finally approved a tax amnesty scheme for real estate sector on Wednesday, 30-11-2016. According to this property amnesty scheme, people have to pay 3% tax on the difference between the old DC rate and new FBR rates…
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Impact of black money on real estate sector Black money Black money is one that is earned from irregular or illegal means. But according to the government, money that is received in cash through underground economic activities, and is not taxes, is the black money. Black money in Pakistan According to the government officials, black…
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Why property prices rise and fall? Rise and fall of property price is the talk of every town. Generally property price rise is hailed as good and property price fall is considered as bad. But on other hand, property rise makes it difficult for masses to buy homes and fall in prices make homes affordable…
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GWADAR is world’s #1 investment hotspot Pakistan is the nation of 200 million people. Pakistan has many problems of its own but we Pakistanis should also remember that Pakistan is one of the most blessed nations on the earth. Pakistan is the nation blessed with everything which was possessed by great empires in history. Pakistan…
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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…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
