Property
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192SBP hikes housing exposure limit of banks to 25%
The State Bank of Pakistan (SBP) has increased the limit of banks’ exposure to housing and construction to 25 percent from 15...
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239KP govt approves establishing New Peshawar City with over 90,000 houses
Khyber Pakhtunkhwa government is planning to construct over 90,000 housing units in what is named New Peshawar City spread over an area...
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136Prices of steel increased as international costs surge
The increased costs of steel products in domestic and international markets led the Federal Board of Revenue (FBR) on Monday to raise...
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78Construction cost elevated by almost 40 percent to hit a new high
There has been an extraordinary upsurge in the cost of energy and petroleum products and high market demand, resulted in the increase in the...
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71Cement sales declined by 9.07 percent in October
Despite the fact, the present government has given big incentives to the construction industry, cement sales came down by 6.68 percent during the first quarter of the current fiscal year as...
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178Construction activities under Naya Pakistan Housing Program created 250000 jobs
Prime Minister Imran Khan on Thursday said that 250,000 jobs have been created so far in the country since the construction activities...
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179UAE-based Vision Tech launches digital real estate platform Shaariq.com in Pakistan
Vision Tech, a UAE-based tech company, has announced its ambitious plan to invest big in the Pakistan real estate sector. The company...
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161Punjab issues 22 NOCs for setting up cement factories
22 no-objection certificates (NOCs) have been issued by the Punjab government to set up new cement factories while ensuring that no more...
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79SBP package for housing sector will primarily help big builders: report
The State Bank of Pakistan (SBP) incentive package for construction and housing sector would help achieve financing targets of influential builders for...
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212Banks okay Rs 59 billion loans under Mera Pakistan Mera Ghar scheme
According to the statement of State Bank of Pakistan, issued on Wednesday, more than Rs 59 billion have been approved for disbursement under...
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237KP govt recovers 4,100 kanals land worth Rs 60 billion from encroachers
At least, Rs 60 billion worth of 4,100 kanals government land has been recovered from encroachers by the Khyber Pakhtunkhwa (KP) Board of Revenue...
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215Five commercial zone plots auctioned for Rs 21.5 billion in Lahore
Five commercial plots for Rs 21.588 billion have been auctioned in Lahore after it received the highest bid price from four groups. ...
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625KP govt to launch two new housing schemes in Peshawar, Mardan
The government of Khyber Pakhtunkhwa (KP) is all set to launch two new housing schemes in Peshawar and Mardan districts in the next two...
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185FATF conditions: Realtors to share credentials of buyers, sellers with FBR
The Federal Board of Revenue (FBR) has instructed realtors and builders to exchange the details of potential buyers and sellers of properties...
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202Roshan Apna Ghar scheme launched for overseas Pakistanis
The Roshan Apna Ghar scheme for overseas Pakistanis has been launched, will help the country to attract a lot of money. On Friday, Prime Minister...
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259Construction of 7,000 units completed under PM low-cost housing scheme
The Prime Minister Low Cost Housing Scheme, launched by the ministry of housing and works, provides qualified families with financial help up to Rs 5000,000...
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181Employees housing body to scrap quota of journalists, doctors, lawyers in future
The Federal Government Employees Housing Authority (FGEHA) is going to end quota system for lawyers, doctors and journalists in the upcoming housing schemes....
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328150 high-rise buildings under construction in Lahore
Around 150 high-rise buildings are under-construction currently in Lahore under the Lahore Development Authority (LDA). While speaking to the media on Saturday, the...
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166Heavy rains, Eidul Azha hit cement demand in July
The construction activities slowed down in the month of July due to the heavy monsoon and the Eidul Azha, accordingly, the local and international...
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169Rising house rents prop up inflation in 2020-21
The State Bank of Pakistan (SBP) on Monday issued its Inflation Monitor for June 2021 declaring house rents as prime contributor following...
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139Housing and construction finance up 75 percent in FY21
The housing and construction finance in FY21 has seen an increase of Rs 111 billion or 75 percent to reach Rs 259...
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219Here is how to digitally market your real estate business?
The world has become a global village, and all businesses have taken advantage of social media to broaden their reach. Real estate...
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543Pakistani investors pump billions into Dubai’s real estate in 2021 alone
Pakistani investors have pumped in 1.2 billion dirhams (Rs 51,685 crore) into real estate market of Dubai over the past five months....
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196Real estate sector rejects new 20 percent gain tax on property
The Real Estate Agents Association (REAA) and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have rejected the new proposed...
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305Ary Laguna DHA City Karachi starts balloting and booking
With a man-made coastal community giving a unique lifestyle option and a strong lifetime investment, ARY Laguna DHA City Karachi is destined...
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211SBP amends banking regulations to boost investment in real estate
The State Bank of Pakistan (SBP) has reduced the risk weight of banks/DFIs from 200 percent to 10 percent on their investment in units of Real...
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377PM Imran inaugurates low-cost apartments for labourers in Peshawar
Prime Minister Imran Khan initiates the distribution ceremony of 2,056 low-cost family apartments among the citizens of Peshawar. On Wednesday, the premier inaugurated...
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234Swat hoteliers claim tourism ban to hit over 30,000 families
Swat hoteliers have shown concerns over the complete lockdown to be imposed from May 8 to May 16, claiming that the tourism...
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232PM inaugurates Jalozai housing scheme for low-income group in Nowshera
During the visit to Nowshera, Prime Minister Imran Khan inaugurated Jalozai Housing Scheme for the low-income group. Prime Minister said that the...
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428Real estate industry in panic over new FBR measures for FATF compliance
Real estate agents have been told by Federal Board of Revenue (FBR) to file Suspicious Transaction Reports to Comply with FATF Regulations. Pakistan has been...
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441More than 7,500 poor families given Rs 3.35 billion in loans to construct homes
A total of 7572 poor families, so far, have been chosen to have their homes under PTI govt’s home financing scheme for...
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1.1KDeveloper in Gujranwala is building a replica of Paris
A Pakistani developer with his Le Paris Housing Scheme is planning to build a replica of Paris outside the city of Gujranwala,...
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568Bank Alfalah, Zameen.com join hands to offer home financing in Pakistan
Bank Alfalah signed a Memorandum of Understanding (MoU) with Zameen.com, a Pakistani property portal, in order to provide a platform with a...
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518PAC asks CDA to apply ‘Bani Gala model’ to legalize illegal societies
The Public Accounts Committee (PAC) has recommended the Capital Development Authority (CDA) to implement the Bani Gala regularization model in order to...
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727SBP launches complaint resolution portal for housing customers
The State Bank of Pakistan (SBP) has introduced a portal for complaint resolution to promote affordable housing in the country. The launching...
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548Guide to Real Estate Investment in Pakistan
Real estate is Pakistan’s most profitable investment segment and for all the right reasons. Real estate comes with several advantages, unlike other investment and...
