The category includes the blogs relating to the real estate and realted sectors in Pakistan
The Apni Chhat Apna Ghar Scheme, launched by Punjab Chief Minister Maryam Nawaz in 2024, is a transformative housing program designed to provide affordable homes to low-income and middle-class families across Punjab. This ambitious initiative, also referred to as the Punjab Apni Chhat Apna Ghar Scheme 2025, aims to construct 100,000 homes by 2029, offering…
The Government of Pakistan and the State Bank of Pakistan (SBP) have launched the Mera Ghar Mera Ashiana Scheme to make your dream home a reality. Announced on September 24, 2025, it’s already helping thousands of families take their first steps toward home ownership. This housing finance program offers low-interest home loans—only 5% or 8%…
ISLAMABAD June 10, 2025: The Budget 2025-26 introduces significant updates to the taxation framework governing advance tax on sale/purchase of property in Pakistan. Aimed at balancing revenue generation with economic stimulation, the government has proposed adjustments to advance tax rates under Sections 236K and 236C. These changes reflect a strategic approach to influence the real…
Islamabad – March 24, 2025: The IMF declines to reduce tax on property, opposed to Pakistan’s request to lower taxes on real estate transactions, confirming that there will be no tax relief on property from April 2025. The Federal Board of Revenue (FBR) had sought a 2% reduction in withholding tax for property buyers, but…
Islamabad, March 22, 2025 – The International Monetary Fund (IMF) has agreed, in principle, to provide tax relief on property transactions in Pakistan. Effective April 2025, the 2% withholding tax reduction will apply to property buyers, while the tax rate for sellers will remain unchanged. The IMF has also approved collecting PKR 1,257 billion from…
Property transactions in Punjab are becoming more challenging as GoP imposes 5% penalty on property buyers in Punjab for non-banking property transactions. The authorities has started the crack down on non-banking transactions to improve tax compliance and transparency in the real estate sector. Buyers and sellers of immovable properties now face a 5% penalty if…
The Punjab government has launched a groundbreaking initiative to address the housing crisis in the province and has decided to distribute 3 marla plots and interest free loans for house construction to deserving families under the “Apni Chhat Apna Ghar” program. This ambitious scheme, approved by Punjab Chief Minister Maryam Nawaz Sharif, aims to make…
Understanding the difference between property registry/registration Vs mutation is crucial. While the registry legally transfers ownership, mutation updates land records to reflect the new owner. زمین کے سودے میں “رجسٹری” اور “انتقال” دو مختلف مراحل ہیں جو ملکیت کی قانونی حیثیت اور ریکارڈ کو محفوظ بنانے کے لیے اہم ہیں۔ ان دونوں کے درمیان فرق درج ذیل ہے:…
The Government of Punjab has introduced property mutation automation in Punjab Land Revenue Department, streamlining the process for citizens. As of October 30, 2024, upon completing a property registration, the mutation is automatically recorded in the official land records. This advancement eliminates the need for property buyers to separately apply for mutation, thereby saving time…
ISLAMABAD – The Federal Board of Revenue (FBR) is gearing up to significantly raise in immovable property valuations, with an expected increase of up to 75% of current market values. Present Status to Raise in Immovable Property Valuations As per media reports, the much-awaited notification regarding these revised property values, which had faced delays, is…
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