The Capital Development Authority CDA Islamabad has announced a strategic initiative to bolster Islamabad’s hospitality landscape by auctioning prime plots for hotel development in Sector F-5. This move, aimed at addressing the rising demand for luxury accommodations, underscores Islamabad’s potential as a hub for international business and tourism. The announcement was made by Chairman CDA…
Bahria Town, the name synonymous with opulence and innovation in real estate, is gearing up to make its mark in the UAE with the launch of Bahria Town Dubai. Located in the heart of South Dubai, this new venture is set to redefine urban living by combining architectural grandeur, modern amenities, and sustainable living solutions.…
Exciting news for investors and property enthusiasts! Capital Smart City and Lahore Smart City, two of Pakistan’s most prestigious housing developments, have announced an extension of their special discount offer on due and advance installments. This strategic move provides a valuable opportunity for buyers and investors to maximize their savings while securing a place in…
In a significant policy update, the Federal Board of Revenue FBR has introduced additional conditions for overseas Pakistanis involved in buying or selling immovable property. To qualify for tax rates applicable to “filers,” non-resident Pakistanis will now need to secure approval from the Commissioner Inland Revenue, verifying their non-resident status. This new measure aims to…
In a move set to bolster Islamabad’s real estate market, the Capital Development Authority CDA Islamabad has announced plans to auction two luxury hotel plots in the heart of Pakistan’s capital. The auction event, scheduled for December 17, 2024, presents a unique investment opportunity for both local and international investors, with a particular focus on…
Capital Smart City, one of Pakistan’s most innovative and forward-thinking real estate projects, recently had the honor of hosting the Ambassador Park Ki Jun of the Republic of Korea. This visit marked a significant moment for the development, showcasing the international appeal of the project. The visit highlighted not only the project’s modern infrastructure and…
After the tremendous success of Park View City Islamabad, which has emerged as one of the most prominent tourist attractions in Pakistan’s capital, the developers have now set their sights on expanding into Lahore. The new project, Park View City Downtown Lahore, is a testament to their vision of blending modern urban living with the…
In a significant development, leading Pakistani banks, including Bank Alfalah, Meezan, MCB, HBL, and Standard Chartered, have implemented fees on large deposits to manage their cash flow and evade hefty government taxes. Starting November 21, these banks now levy a monthly 5% fee on deposit balances exceeding their designated thresholds, which range between Rs1 billion…
A recent investigative report titled ‘Dubai Unlocked’ has shed light on the massive investments made by Pakistanis nationals in Dubai’s real estate sector. According to the findings, individuals from Pakistan, including former government officials, political figures, bureaucrats, and other prominent personalities, own properties worth an estimated $11 billion in the emirate. Revealing the Data Behind…
Dubai has once again emerged as a global leader in the property market, recording the strongest rental growth worldwide in the first half of 2024, according to the latest report by Savills. The emirate’s dynamic real estate sector, known for defying expectations, continues to outshine other major cities in rental demand and growth. Unmatched Rental…
