The Capital Development Authority (CDA) has canceled the licenses of 14 housing societies for failing to register with the district… Read More
New Tax on Non-Productive Immovable Properties Cannot Be Challenged in Courts
Chairman Federal Board of Revenue (FBR) Asim Ahmad said Saturday that the tax proposed under Finance Bill 2022 on ‘deemed… Read More
Govt Imposes New Taxes for Capital Gain on Immovable Property Under Budget FY23
The government has proposed significant changes in the tax framework of the capital gain on immovable properties under the federal… Read More
Shocking Report Reveals Pakistan’s Super Rich Own Property Worth Trillions in Dubai
While the long-standing structural weaknesses of Pakistan’s economy continue to scare away foreign investments, data suggests the country’s super-rich owns… Read More
CDA Fails to Submit Data of Benami Land in Islamabad to FBR’s Wing
Capital Development Authority (CDA) has failed to submit the information on suspected Benami properties of the federal capital to Benami… Read More
PTA Bans SMS Marketing of Illegal Housing Schemes Located in Lahore
Pakistan Telecommunication Authority (PTA) has banned SMS marketing of illegal housing societies located on the premises of the Lahore region.… Read More
World Bank Approves $435 Million Housing Projects for Pakistan
The World Bank’s Board of Executive Directors approved $435 million in financing for three projects in Pakistan, i.e., the Pakistan… Read More
Govt of Punjab Raises Rs. 36 Billion via Auction of Plots in Lahore’s First Downtown
The Lahore Central Business District Development Authority (LCBDDA) on Thursday reported over Rs. 35.89 billion in revenue generated through the… Read More
Punjab’s Real Estate has Potential to Generate Rs. 400 Billion in Tax Revenue: World Bank
The World Bank (WB) has estimated that the tax potential of the real estate sector in Punjab province is Rs.… Read More
Dead Capital is Being Regenerated into Valuable Assets Through Real Estate Projects: PM
Prime Minister Imran Khan Friday said that it is the first time in the history of Pakistan that dead capital… Read More
FBR Reduces Property Valuation Rates of Immovable Properties in 40 Cities
The Federal Board of Revenue (FBR) has reduced the values of immovable properties in 40 cities from March 1, 2022,… Read More
Senate Panel Orders Timely Acquisition of Rs. 48 Billion Land for Gwadar Port
The Senate Standing Committee on Maritime Affairs has directed the Gwadar Port Authority (GPA) to acquire Rs. 48 billion port… Read More
