Karachi: The Sindh government is ready to consider reduction of property tax on every transaction from 7% to 1%. While registration of real estate agencies will help curb fake businesses. As a result revenue will increase for the provincial and federal governments. The Sindh Local Government Minister Saeed Ghani and Revenue Minister Makhdoom Mehboobuz Zaman discussed details with a delegation of the All-Karachi Realtors Association headed by its chairman S.M. Irfan.
The delegation was informed that the Sindh government will launch an online service with computerized land records within a month. Further a one-window facility for approval of building designs, from 66 to 399 square yards, is already in operation.
The Minister advised the delegation to take their request to reduce the federal tax on property from 3% to 1% to the Federal government. The Minister also noted the request of the delegation to include the process of mutation under a one-window operation.
For news and updates keep on visiting Graana blog
Karachi: The State Bank of Pakistan (SBP) has indicated that it will maintain a cautious…
The Pakistan Engineering Council and the Capital Development Authority have agreed to collaborate on raising…
Feb 7 (Reuters): Saudi Arabia on Saturday unveiled a wide-ranging investment package for Syria covering…
Islamabad: The Federal Board of Revenue (FBR) has issued revised valuation rates for immovable properties…
Riyadh: Saudi Arabia has completed what it described as a global first in capital market…
Rawalpindi: The Rawalpindi Development Authority (RDA) has introduced strict safety measures for all construction sites…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
