Pakistan News

    Real Estate Prices In Hyderabad 2014

  • FBR sets new prices for real estate in Islamabad, Karachi

    ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday issued the notification announcing the newly set property prices in Islamabad and Karachi...

    According to the notification, Karachi has been divided into nine categories and residential and commercial plots have been assigned different prices...

  • Real estate prices up by 70pc from ‘DC-approved rate’

    ISLAMABAD: The real estate sector submitted details of the current market rates to the Federal Board of Revenue (FBR) on Wednesday, showing an average increase of around 70 per cent in property prices from existing deputy commissioner-approved (DC) rates...

    The decision to update property rates in these cities was made during a meeting between representatives of the real estate sector and the FBR on July 21, while the government...

  • ICCI for rationalising taxes on real estate

    ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday urged the government to rationalise taxes on real estate sector that will help in boosting the economy...

    Addressing a delegation of Islamabad Real Estate Agents Association, ICCI president Muzzamil Hussain Sabri said the government should give preferential treatment to real estate sector which has the potential to speed up the growth of economy...

  • Real estate indices for equal risk sharing

    The Pakistan Islamic Finance Report 2016 says that the central bank is considering developing new house financing products with payments based on market prices and rents...

    Late last month, the issue came under the spotlight at a workshop on ‘application of real estate indices in Islamic financial institutions’ organised by the Centre for Excellence in Islamic Finance, IBA in Karachi...

  • Success eludes NA panel probing $8bn investment by Pakistanis in UAE real estate

    ISLAMABAD: A parliamentary panel probing around $8 billion investments in real estate by Pakistanis in Dubai has witnessed deadlock leading to serious arguments among its members amid lack of cooperation by government departments...

    The sub-committee was set up after Mr Umar pointed out that the Dubai Land Authority had issued a press statement highlighting that in the past four years Pakistanis had invested around $8bn in the real...

  • Retail investors’ access to real estate business

    Pakistan's first real estate investment trust’s initial public offering by the Arif Habib Group in partnership with the Dolmen Group is expected to bring the so far capital-intensive real estate investments within the reach of retail investors...

    These investments would be highly liquid, as the shares of the REIT would be traded on the Karachi Stock Exchange The investors would expect to get not only decent dividends, based on rental...

  • WeWork co-working spaces disrupt office and real estate market

    WeWork, with a whopping valuation by investors of $20 billion, has taken the lead in the co-working space and in the process is disrupting the office and real estate market...

    “They don't want to be a real estate company because real estate's old and boring, whereas they want to be new and hip,” King said...

  • Once red-hot, UK real estate investments run into trouble

    LONDON: Commercial real estate has hit the headlines this week, a victim of the recent Brexit vote which has left over $20 billion trapped in funds that not long ago promised investors a slice of London’s red-hot property market Money placed in real estate vehicles managed by big asset management firms such as Standard Life and Henderson may have yielded strong returns during the boom years, but with the pound in freefall and Britain headed...

  • Three arrested for real estate ‘fraud’

    LAHORE: The National Accountability Bureau has arrested three people for “fraudulently” acquiring and selling more than 70 plots of different measurements in Jauhar Town, Lahore...

    A NAB Lahore spokesman told Dawn it had arrested two brothers - Malik Arshad and Malik Akram - for illegally acquiring 76 plots in connivance with their accomplice Malik Kalu Khan in Jauhar Town area
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