ABAD

Cabinet approves Real Estate Regulatory Authority

Cabinet approves Real Estate Regulatory Authority

October 15, 2019

Islamabad: After much consultation and wait, the federal cabinet has finally approved the establishment of a Real Estate Regulatory Authority (RERA). The builders and developers will now be required to seek permission from RERA before commencing any project. Similarly, the authority is mandated to prepare and implement regulations to reform[...]
Property prices increased in 20 cities

Property prices increased in 20 cities

July 25, 2019

Karachi:           The Federal Board of Revenue (FBR) has revised valuation tables for property in 20 cities, including Gwadar, Islamabad, Lahore, Peshawar, Quetta, and Karachi. The tax collecting body notified regarding the new rates on Tuesday – the rates took effect from Wednesday. With new valuation tables, property prices have come[...]