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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…

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…

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…

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…

Pakistan property sector after another interest rate hike State Bank has increased the main policy rate by 50 basis points. So interest rate has increased to 10.75% from 10.25%. The interest rate has been increased to control the rising inflation.…

Benami Act implemented by Government: The government of Pakistan has implemented the Benami Act. As per the law, FBR will confiscate the immovable properties or accounts held on someone else’s name including the relatives. Benami Transactions (Prohibition) Act 2017 was…

Why investors are ditching Pakistan Real Estate In the last decade Pakistan real estate sector performed exceptionally well as property prices doubled approximately after every five years. This abnormal growth was due to the huge capital inflow in real estate.…