Search Properties in Pakistan
Search Properties in Pakistan
PAKISTAN REAL ESTATE FORECAST 2020 2019 was a bad year for Pakistan Property Market as prices continued to decline but worst is yet to come. Buyers / investors want to know about the best time to start investing. Whereas sellers want to know that why their properties are not attracting the serious buyers. This blog…
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Property Taxes in Pakistan: The government has introduced new property taxes in Pakistan on sale and purchase of real estate. This blog details out all taxes; Non-filers Non-filers have been allowed to buy property worth 5 Million PKR or more but they have to become filer. Property Taxes to be paid by BUYER: Stamp Duty…
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Property Prices Hammered as Interest Rate Increases to 13.25%: The State Bank of Pakistan has increased the policy rate by 100 basis points. In other words interest rate has been increased from 12.25% to 13.25%. The interest rate is known as the best tool to control the rising inflation and depreciating currency. As per government,…
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Impact of Benami Assets Confiscation on Real Estate Market Pakistan Tax Amnesty Scheme 2019 expired on 3rd of July 2019. FBR has started to confiscate Benami Assets in form of Benami Bank Accounts and Benami Properties. This was the usual practice in Pakistan to buy Benami Properties on name of relatives or servants to conceal…
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Another Blow to Property Prices as Interest Rate at 12.25%: The State Bank of Pakistan has increased the policy rate by 150 basis points. In other words interest rate has been increased from 10.75% to 12.25%. The interest rate is known as the best tool to control the rising inflation and depreciating currency. As per…
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