The decision of whether to rent or buy a property in Lahore is a personal one that depends on your individual circumstances and goals. Here are some of the pros and cons of each option to consider: Renting Pros: Lower upfront costs: When you rent, you typically only need to pay a security deposit and […]
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Joint ownership is a type of property ownership in which two or more people own an asset together. There are different types of joint ownership, each with its own advantages and disadvantages. Pros of joint ownership in real estate: Increased affordability. Joint ownership can make homeownership more affordable by allowing two or more people to pool
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Apartments/flats are more trending than houses in Pakistan. This is due to a number of factors, including: Rising cost of land: The cost of land in Pakistan has been increasing steadily in recent years, making it more and more difficult for people to afford to buy a house. Apartments, on the other hand, are typically more
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The real estate market in Pakistan offers a wide range of properties for different purposes, including residential, commercial, agricultural, industrial, and vacation properties. Here are the 7 most common types of properties in Pakistan’s real estate market: Plots: Plots are a piece of land labeled for residential or commercial development and construction. They are typically sold
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The Budget 2023-24 has introduced several changes to the property tax system in Pakistan, including: An increase in the tax rate for commercial properties from 1% to 2%. A new tax bracket for properties valued over PKR 50 Million, with a tax rate of 3%. An increase in the withholding tax on property purchases by
Budget 2023-24: Property Tax in Pakistan-Bad Worse for Real Estate Sector? Read More »
Here are the steps on how to buy property in Pakistan: Determine your purpose of buying property. Are you buying it for investment, personal use, or both? This will help you narrow down your options and decide on the type of property you want to buy. Research the market. Get an idea of the current property prices
How to Buy Property in Pakistan: A step by Step Guide Read More »
Here is a comprehensive real estate property inspection checklist for buyers: Exterior: Roof: Condition, age, leaks, missing or damaged shingles, flashing, gutters and downspouts Siding: Condition, type, damage, rot, moisture Windows and doors: Condition, operation, leaks, rot Foundation: Cracks, settling, moisture, drainage Driveway and walkways: Condition, cracks, unevenness Landscaping: Drainage, pests, damage Interior: Walls and
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The location of a property is one of the most important factors that affects its value. Other factors, such as the size and condition of the property, the amenities in the area, and the local economy, also play a role, but location is often the deciding factor. Here are some of the specific ways that
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Building a low maintenance home involves careful planning and choosing materials, designs, and systems that require minimal upkeep over time. Here are some tips to help you achieve that goal: Simplify the Design: Opt for a simple and streamlined architectural design. Intricate designs and complex structures often require more maintenance due to potential wear and
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As of my last knowledge update in September 2021, I can provide you with information about the road network in DHA (Defence Housing Authority) Karachi up to that point. Please note that there might have been developments or changes since then. DHA Karachi is one of the most well-planned and organized residential areas in Karachi,
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