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[...]

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[...]