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…
Sales of luxury properties in Dubai, particularly those priced at $10 million or more, have seen a notable increase, with a 6% rise in the first quarter compared to the same period last year. According to a recent report from property consultancy Knight Frank, the demand for high-end homes in the emirate from the ultra-wealthy…
The United Arab Emirates (UAE) has recently rolled out a set of tax relief and administrative measures aimed at easing the regulatory burden on local businesses, foreign partnerships, and family foundations operating within the country. These new provisions, announced by the Ministry of Finance, are designed to simplify compliance procedures and enhance the UAE’s appeal…
Dubai’s real estate market has made headlines once again by achieving a monumental feat—a staggering PKR 92.2 billion worth of transactions in a single day. This remarkable milestone showcases the resilience, attractiveness, and robustness of Dubai’s property sector, setting a new standard for the global real estate industry. At Makani Marketing, we delve into the…
Buying assets especially the land isn’t a clean and easy challenge. It always involves more than one risk, danger and safety trouble. To purchase a property you need to search a couple of locations and meet more than one human. In this method, you like many houses, different sorts of lands at different locations, and…
The real estate industry in Pakistan is on the ascent for over the past few years. The property market in Pakistan is seeing dramatic growth and now is the time for real estate professionals of Pakistan to take their investment benefits to new heights. Building a profitable empire in the real estate market demands patience…
Real Estate is one of the crucial decisions of anyone’s life due to the fact people work from sunrise to dusk to earn money on the way to pool money into property and earn income. People are constantly worried about the real worth of the land or the property that they may be interested in…
Islamabad and Rawalpindi, particularly known as twin cities, get the extra interest of investors and residents when the real estate market is sought-out. Being the commercial hub and among the most advanced towns, twin cities are always in the hype and people continuously prefer transferring to these cities. Right after transferring, lodging and settlement is…
