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Nab is investigating property scams: Real Estate Property Frauds in Pakistan NAB; National Accountability Bureau is investing the property frauds & scams in Pakistan. Many Pakistanis living in Pakistan and abroad have complained about various property frauds. NAB is investigating the following real estate property scams in Pakistan: Commercial and residential developments built on pure…

Gwadar is a coastal city of Pakistan located in the province Balochistan. Gwadar has natural deep sea port. China has recently signed a deal with Pakistan of $46 billion to develop Gwadar port and Gwadar-Kashgar Economic Corridor. Pakistan and China also signed a 40 years management deal. According to this deal China got 40 years…

Property millionaires are increasing in Pakistan Property millionaires Any person who owns a property of worth one million dollars or more is considered as property millionaire. Massive property boom in the last decade has created many property millionaires throughout the world. Expensive properties can be found in the world’s top cities like Beijing, Chicago, Hong…

World housing market condition in 2015 2015 is not a good year for the housing market as house prices are crashing worldwide. This is the second housing market crash of this century, first one was the famous housing bubble of 2008. House prices were rising since 2009. But this rise in house price was not…

Karachi, Lahore and Islamabad Karachi, Lahore and Islamabad are major cities of Pakistan. Karachi is the economic center and most populated city of Pakistan. Karachi is also capital of the province, Sindh. Lahore is the capital of Pakistan’s most populated province, Punjab. Islamabad is the capital of Pakistan. Karachi’s population is 25 million, Lahore’s population…

Historic low interest rate in Pakistan @ 6% State Bank of Pakistan has decreased the interest rate to 6.0% from 6.5% on 12th of September 2015. This is the record low interest rate in the history of Pakistan. State Bank of Pakistan has decrease the discount rate to 6.0% due to the decrease in inflation….

Gwadar real estate sector is booming again Gwadar is witnessing another property boom. Prices have risen nearly 5 times in different areas of Gwadar. Housing schemes like Singhar Housing Scheme Gwadar, Sea View Heights Gwadar, Creek City Gwadar, Savaira City Gwadar and GDA Housing Scheme No. 5 Gwadar have witnessed massive rate hikes. People from…

Karachi is the most populated city and financial center of Pakistan due to its strategic importance. Economy of Karachi is based on Port Qasim and Karachi Port. Import/Export of Pakistan passes through these ports. Due to these important trading ports, Karachi is the backbone of Pakistani economy and major financial center. This has also helped…

Parking Problems in Pakistan Car usage and parking problems in Pakistan Pakistani cities are over crowed due to the huge influx of human population, who are settling in cities in search of better employment opportunities and good educational & medical facilities. Housing societies and public places in Pakistan have severe parking problems. Old residential areas…