{"id":8764,"date":"2023-01-09T16:22:18","date_gmt":"2023-01-09T11:22:18","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=8764"},"modified":"2023-01-09T16:22:18","modified_gmt":"2023-01-09T11:22:18","slug":"real-estate-leaders-call-for-government-support-to-boost-sector-growth","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/real-estate-leaders-call-for-government-support-to-boost-sector-growth\/","title":{"rendered":"Real Estate Leaders Call for Government Support to Boost Sector Growth"},"content":{"rendered":"<p>ISLAMABAD: Leaders in the real estate sector in Pakistan have called on the government to improve business conditions in order to boost growth and contribute to the country&#8217;s economic development.<\/p>\n<p>Speaking at the All-Pakistan Real Estate Conference in Islamabad, the President of the Islamabad Estate Agent Association (EAA) noted that the real estate sector is the second largest in the country, with an investment volume of $88 billion.<\/p>\n<p>He added that overseas Pakistanis invest $4 billion in the sector annually, a figure that could increase to $8 billion with the right measures.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/estate-office-all-set-to-vacate-government-quarters-in-capital\/\" target=\"_blank\" rel=\"dofollow\" class=\"ue8532ee71fdc5c01efbb9f0f6ffba11c\"><style> .ue8532ee71fdc5c01efbb9f0f6ffba11c { 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; } .ue8532ee71fdc5c01efbb9f0f6ffba11c:active, .ue8532ee71fdc5c01efbb9f0f6ffba11c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .ue8532ee71fdc5c01efbb9f0f6ffba11c { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .ue8532ee71fdc5c01efbb9f0f6ffba11c .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .ue8532ee71fdc5c01efbb9f0f6ffba11c .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .ue8532ee71fdc5c01efbb9f0f6ffba11c: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\">Estate Office All Set to Vacate Government Quarters in Capital<\/span><\/div><\/a><\/div>\n<p>The EAA President called for the implementation of tax rationalization, the repeal of the 7E law, the facilitation of overseas investment, and a reduction in the tax rate in order to increase investment in the sector and stimulate the country&#8217;s economy.<\/p>\n<p>The real estate sector in Pakistan currently faces challenges, including excess gain tax, property registration taxes, and other taxes, which pose a threat to its growth.<\/p>\n<p>Additionally, Chairman Realtors Pakistan Ejaz Khan, President Rawalpindi Chamber of Commerce Saqib Rafiq, real estate leaders from across the country, and leaders from related industries from the four provinces also spoke on occasion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Leaders in the real estate sector in Pakistan have called on the government to improve business conditions in order to boost growth and contribute to the country&#8217;s economic development. Speaking at the All-Pakistan Real Estate Conference in Islamabad, the President of the Islamabad Estate Agent Association (EAA) noted that the real estate sector is the second largest in the country, with an investment volume of $88 billion. He added\u2026<\/p>\n","protected":false},"author":2,"featured_media":8765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Real-Estate-Sector.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Real-Estate-Sector.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Real-Estate-Sector.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"Real Estate Leaders Call for Government Support to Boost Sector Growth","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=8764","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/8764","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=8764"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/8764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/8765"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=8764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=8764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=8764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}