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 …
Top 5 Areas to Buy Residential Plots in Karachi, As of my last knowledge update in September 2021, I can provide you with information about some popular areas to consider for buying residential plots in Karachi. However, please note that real estate trends can change over time, so it’s recommended to conduct thorough research or …
Karachi Transformation Plan: The Karachi Transformation Plan is a comprehensive initiative launched by the government of Sindh to address the city’s major issues, including traffic congestion, inadequate public transport, and inadequate water supply. The plan includes the construction of new roads, flyovers, underpasses, and improvement of existing infrastructure to enhance transportation and connectivity. Green Line …
Mega Projects in Karachi: Infrastructure Features, Details & More Read More »
Foreigners living in Pakistan are generally discouraged to rent or buy property here in the sense that they are made to follow a lengthy and lethargic process which can take several months to complete. The following post discusses the process in detail as well as why the government needs to relax the process in order …
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Becoming a successful real estate agent requires a combination of knowledge, skills, and personal attributes. Here are some key things to keep in mind if you’re considering a career as a real estate agent: Licensing Requirements: Research the real estate licensing requirements in your state or country. Each region has specific education and exam requirements …
What to Keep in Mind to Become a Real Estate Agent? Read More »
I cannot provide you with the current dollar rate in Pakistan for August 2023. To check the current exchange rate for the US Dollar (USD) in Pakistan, I recommend using a reliable financial news website, a currency exchange platform, or contacting your local bank or currency exchange service. These sources should provide you with the …
First Digital Currency Pakistan Launching Soon Islamabad: The State Bank of Pakistan (SBP) is all set to mark a new beginning with an anticipated launch of the first-ever digital currency of Pakistan soon, according to news published on July 8. As per the details, the SBP will go for the pilot launch of the first …
