Islamabad: Federal board of revenue has issued a new notification increasing property valuation rates in twenty cities. Properties have been divided into different categories with different rates for industrial, residential, commercial units and flats. Average… Read More »FBR increases property valuation rates in 20 cities
Pakistan Real estate news and information
Punjab Housing and Town Planning Agency has prepared its feasibility report for Nya Pakistan Housing Program. As per the report, old government quarters will be demolished and new six and eight story flats will be… Read More »16 locations selected for Naya Pakistan Housing in Lahore
Nab asks affected people to submit their claims until July 19, 2019. NAB chairman has directed concerned officials to start full-fledged operation against management and owners of these societies after submission of claims by affected… Read More »NAB Lahore starts action against 8 illegal housing societies.
As per the latest new in print media, non-filers will have to pay 5% fine on purchase of property in addition to extra 1% advance income tax from 1st July 2019. Documentation of economy is… Read More »Purchase of property by non-filers after June 2019
FBR has increased immovable properties valuation by up to 35 percent in 18 cities of Pakistan including Lahore, Islamabad, Rawalpindi, Multan, Sargodha Gujranwala and Faisalabad. Fair market value for Karachi and Quetta has not been… Read More »New valuation tables for immovable properties
DHA Bahawalpur has announced possession of selected plots in Sector A and B along with 2.2 million development charges to be paid in eight equal installments. Owners of select plots can apply for possession after… Read More »DHA Bahawalpur development charges and plot possession info.
FBR’s fair market value at present is 55% of the real market price which will be increased to 80% from July 2019. Total 21 cities will be affected. Heavy taxes to be imposed on the… Read More »Fair market value of properties to be increased by 25%
Blue World, Taj Residentia, Faisal Margallah City and multi Gardens directed not to advertise their schemes. Rawalpindi Development Authority has canceled the Initial Planning Permission given to four private housing societies on violation of the… Read More »RDA cancels planning permission of four housing schemes