Awareness Campaign

Real estate projects in Karachi to display QR codes

September 28, 2020

KARACHI: All real estate projects under construction in the city, including residential and commercial buildings have been directed to set up boards displaying a Quick Response (QR) code to help citizens determine the legal status of the projects quickly, by the provincial government. The initiative has been launched against the[...]

Roshan Digital Account – Completely Digital Banking Solution for Overseas Pakistani

September 15, 2020

Bridging the existing gap through Fintech, the Government of Pakistan (GOP), in collaboration with the State Bank of Pakistan (SBP) unveiled ‘Roshan Digital Accounts’- a digital banking solution for the Overseas Pakistanis that offer our esteemed diaspora ease of payment and investment facilities in various sectors of Pakistan, including real[...]

LDA commits to Federal Government’s construction package

July 14, 2020

LAHORE: In accordance with Prime Minister Imran Khan’s vision, the Lahore Development Authority has committed to the Federal Government’s incentive package under the guidance of Chief Minister Punjab.  Under the initiative, the authority will approve the building plans of all residential, commercial, industrial and warehouse projects within 30 days of[...]
Iqbal Institute of Policy Studies launches Advisory Board

Iqbal Institute of Policy Studies launches Advisory Board

February 20, 2020

ISLAMABAD: Iqbal Institute of Policy Studies (IIPS), a visionary platform for research, policy studies and constructive dialogue to aid sustainable national development, launched its Advisory Board in a formal ceremony at Serena Hotel, Islamabad on February 18, 2020. The launch and inaugural session of the Advisory Board was attended by[...]
Drive for registration of Islamabad estate agencies kicks off

Drive for registration of Islamabad estate agencies kicks off

January 29, 2020

ISLAMABAD: Chief Commissioner Islamabad Amir Ali Ahmed, who is also serving as Secretary Excise & Taxation Department,  has announced the initiation of the much-anticipated drive to register estate agencies and property offices in Islamabad. A delegation consisting of Islamabad Estate Agents Association President Tahir Mehmood, General Secretary Chaudhary Zahid Rafique,[...]
Builders, developers propose measures for increased tax collection

Builders, developers propose measures for increased tax collection

January 1, 2020

ISLAMABAD: A six-member delegation of the Association of Builders and Developers (ABAD) met Advisor to Prime Minister on Finance and Revenues Dr Abdul Hafeez Sheikh to deliberate on different aspects of the real estate and construction sectors. The delegation, headed by Hassan Bakhshi, discussed several proposals to make the market[...]
PM instructs FBR to facilitate builders, developers

PM instructs FBR to facilitate builders, developers

December 22, 2019

ISLAMABAD: Prime Minister Imran Khan has urged the chairman of the Federal Board of Revenue (FBR) to expedite solutions for legitimate woes being faced by builders and developers in their respective projects. The premier issued the directives while chairing a meeting with his economic team, saying that as many as[...]
Graana, IIPS land at National Science & Technology Park

Graana, IIPS land at National Science & Technology Park

December 9, 2019

A leading model of digitisation in Pakistan’s real estate sector, Graana Group of Companies along with Iqbal Institute of Policy Studies (IIPS) launched the country’s first Artificial Intelligence (AI) and Innovation Lab at the National Science & Technology Park (NSTP). The birth story of Graana involves a firm will to[...]
Tax relief for builders on hold as IMF rejects proposal

Tax relief for builders on hold as IMF rejects proposal

December 4, 2019

ISLAMABAD: The hopes of builders to receive tax concessions suffered a setback as the International Monetary Fund (IMF) dismissed Pakistan’s proposal to introduce a special income tax regime for the construction sector. A simplified tax scheme had been finalised by the government, which included an offer of a 90% reduction[...]
Real estate among others to be monitored via interim setup

Real estate among other sectors to be monitored via interim setup

November 25, 2019

ISLAMABAD: The government’s efforts to address concerns raised by the Financial Action Task Force (FATF) have led to the development of an interim regulatory framework to bring all unregulated sectors of the Pakistan’s economy under scrutiny. The National FATF Coordination Committee (NFCC), commissioned by Prime Minister Imran Khan in the[...]