Real Estate News

China is urging Pakistan to initiate a pilot project in the Gwadar Free Zone to promote the global use of the Renminbi (RMB). This project aims to streamline trade settlements and reduce currency exchange costs and risks between the two nations. Understanding the Gwadar RMB Pilot Project The Gwadar RMB pilot project represents a strategic effort to use the Renminbi in international trade. It is designed...

The Federal Board of Revenue (FBR) is set to make significant changes to property valuation rates, increasing them by 20% to 100% across 42 major cities in Pakistan. This adjustment aims to reflect more accurate market values, thereby enhancing revenue from real estate transactions. What Are Property Valuation Rates? Property valuation rates are essential in determining the taxable value of properties....

Call Us Now In a significant and progressive move, the Ravi Urban Development Authority (RUDA) has signed a Memorandum of Understanding (MoU) to develop top universities at Ravi City. This initiative, focusing on "RUDA University Development," aims to elevate the educational landscape of the region. RUDA's Vision for Educational Excellence RUDA’s commitment to enhancing education in Ravi...

Call Us Now Neom Grand Palace: At the Heart of Innovation and Luxury Neom centerpiece is an architectural feat of royal grandeur - a magnificent palace designed for Mohammed bin Salman himself to reside. More than just an ordinary residence, this majestic structure serves as an affirmation of his visionary ideas for Neom. Neom: Architectural Wonders of Tomorrow Neom isn't your average...

Call Us Now In a recent stride towards urban development and sustainability, the Lahore Development Authority (LDA) has announced a new transformation chapter for the Katchi Abadis of Lahore. Spearheaded by Director General Tahir Farooq, this initiative is not just about urban development but a testament to LDA Lahore commitment to fostering enhanced living conditions for its residents. The...

Call Us Now At a time when global dynamics are rapidly shifting, the Pak China Corridor stands as a shining beacon of strategic cooperation and economic strength between both nations. This corridor symbolizes their deep bonds and drives socio-economic development across the region through meticulous planning and mutual commitment by both countries involved. By doing this together, they are...

In a world increasingly driven by digital innovation, Kuwait sets a new precedent for private sector employment. Building upon a recently introduced second job policy, the country has now rolled out an online service for Online Part-Time Work Permits. This initiative stands ready to transform the labor landscape and offer employers a more efficient system. A Step Forward by The Public Authority of...

In an unprecedented move, Pakistan and Dubai have joined forces to sign two monumental agreements valued at more than $3 billion. The historic pacts, inked at the esteemed World Economic Forum (WEF) held in Davos, Switzerland, represent a significant leap in bilateral relations between the two nations. The agreements focus on enhancing cooperation within railways, economic zones, and infrastructure...

In the intricate labyrinth of real estate investment, two paths often present themselves: the urban allure of housing societies and the pastoral charm of Farmhouse Society Investment. While both have their unique merits, a careful analysis of recent trends and market behaviors reveals that investing in a farmhouse society may provide a broader spectrum of benefits. Read More About : Princeton Farm...

In a shocking revelation, the Federal Board of Revenue (FBR) recently exposed a colossal Withholding Tax (WHT) evasion scheme in Punjab property sector. The Regional Tax Office (RTO) in Sargodha carried out a comprehensive digital audit that shed light on a significant evasion of WHT amounting to billions of rupees. Unearthing the Scope of the Scandal The RTO successfully retrieved over PKR 388...