{"id":12810,"date":"2023-03-09T14:19:20","date_gmt":"2023-03-09T09:19:20","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=12810"},"modified":"2023-03-09T14:19:20","modified_gmt":"2023-03-09T09:19:20","slug":"land-grabbing-stifles-pakistans-real-estate-growth-fpcci-president","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/land-grabbing-stifles-pakistans-real-estate-growth-fpcci-president\/","title":{"rendered":"Land Grabbing Stifles Pakistan&#8217;s Real Estate Growth: FPCCI President"},"content":{"rendered":"<p>KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shared that land-grabbing incidents in Karachi have resulted in an annual loss of USD 2.9 billion to the state exchequer.<\/p>\n<p>The FPCCI President, Irfan Iqbal Sheikh, spoke at a conference in Islamabad and noted that the country&#8217;s constitutional and regulatory mechanisms rank 156th out of 190 countries in preventing land-related issues.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/overseas-pakistanis-commission-orders-strict-action-against-land-grabbers\/\" target=\"_blank\" rel=\"dofollow\" class=\"u9d11acb9413a38ca89fcf9ffd706d9a2\"><style> .u9d11acb9413a38ca89fcf9ffd706d9a2 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u9d11acb9413a38ca89fcf9ffd706d9a2:active, .u9d11acb9413a38ca89fcf9ffd706d9a2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u9d11acb9413a38ca89fcf9ffd706d9a2 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u9d11acb9413a38ca89fcf9ffd706d9a2 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u9d11acb9413a38ca89fcf9ffd706d9a2 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u9d11acb9413a38ca89fcf9ffd706d9a2:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">Overseas Pakistanis Commission Orders Strict Action Against Land Grabbers<\/span><\/div><\/a><\/div>\n<p>He explained that these incidents are the primary cause for the sluggish growth of the real estate sector in metropolitan areas, and the illegal occupation of industrial, commercial, agricultural, and residential lands through fraudulent documents, seizures, or encroachments is draining the country&#8217;s resources.<\/p>\n<p>President FPCCI also called upon the Sindh government to take immediate action to address the issue of land-grabbing, enhance the ease of doing business, and ensure the safety of taxpayers, law-abiding citizens, and their properties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has shared that land-grabbing incidents in Karachi have resulted in an annual loss of USD 2.9 billion to the state exchequer. The FPCCI President, Irfan Iqbal Sheikh, spoke at a conference in Islamabad and noted that the country&#8217;s constitutional and regulatory mechanisms rank 156th out of 190 countries in preventing land-related issues. He explained that these incidents are the\u2026<\/p>\n","protected":false},"author":2,"featured_media":12813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-12810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/FPCCI-President-Land-Grabbing-Stifles-Pakistans-Real-Estate-Growth.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/FPCCI-President-Land-Grabbing-Stifles-Pakistans-Real-Estate-Growth.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/FPCCI-President-Land-Grabbing-Stifles-Pakistans-Real-Estate-Growth.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"Land Grabbing Stifles Pakistan\u2019s Real Estate Growth: FPCCI President","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=12810","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/12810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=12810"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/12810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/12813"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=12810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=12810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=12810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}