Search Properties in Pakistan
Search Properties in Pakistan
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. Inflation is rising due to increase in crude oil price in the world market and…
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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 passed by parliament on 1 February 2017 but it was not enforced. As now Benami…
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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. But now prices are cooling down across the country as things have changed. The year…
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FBR Increases Property Valuation Rates in 20 Cities: The Federal Board of Revenue (FBR) has increased the property valuation rates of 20 cities across Pakistan. The notification about new rates of immovable properties were issued on 01-02-2019. There is an increase of 25-50% from old rates but in some cases like DHA Karachi Phase 7…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.