In a strong reaction to the Capital Development Authority’s (CDA) recent move, the Islamabad Real Estate Agent Association has categorically rejected the 200 per cent increase in property transfer fees. The decision was announced during a press conference held at the National Press Club on Tuesday July 08,2025. Led by Association President Sardar Tahir Mehmood,…
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Real Estate Management Agency
Real Estate Management Agency
Real Estate Management Agency
The Federal Board of Revenue (FBR) has announced major tax relief for Overseas Pakistanis on the purchase and sale of immovable properties under Sections 236C and 236K of the Income Tax Ordinance.Create PSID under section 236C or 236K FAQs on filer rate under section 236C or 236K Special Facilitation Desks NTN of CAPITAL DEVELOPMENT AUTHORITY…
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In a long-awaited development, the Capital Development Authority (CDA) has decided to issue possession letters to allottees of at least two sub-sectors of E-12, Islamabad, most likely by April 2025. This decision was taken in a recent high-level meeting on sector development, chaired by CDA Chairman Mohammad Ali Randhawa at the CDA Headquarters. The meeting…
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Pakistan’s financial landscape is undergoing scrutiny and transformation as international bodies like the International Monetary Fund (IMF) intervene to recommend reforms. Recently, the IMF has advised the Federal Board of Revenue (FBR) to review taxation structures in real estate and listed securities sectors to ensure comprehensive taxation. These recommendations aim to foster fiscal responsibility and…
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In the latest report released by the State Bank of Pakistan (SBP), a promising trend emerges in the realm of remittances. Despite facing economic hurdles, the remittances sent by overseas Pakistanis have shown a notable increase, particularly in the month of February. This surge in remittance inflows comes as a glimmer of hope, indicating a…
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In a significant move that marks a new chapter in luxury real estate development in Pakistan, Samana Developers, a prominent player in Dubai’s real estate scene, has forged joint venture agreements with Defence Housing Authority (DHA). The collaboration, announced on March 5, 2024, at the International Property Show Dubai, sets the stage for the development…
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Islamabad: The Supreme Court, led by Chief Justice Qazi Faez Isa, ruled on Monday 04 March 2024 that the Capital Development Authority (CDA) is permitted to remove only wild mulberry (papers mulberry) trees from the F-9 Park area. The court also demanded the names of individuals to serve as experts and observers within three days….
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The Capital Development Authority’s (CDA) announcement for the development of Kuri Enclave in Islamabad has sparked significant interest among prominent land developers across Pakistan. Covering an expansive 10,000 kanals of land, this project has drawn proposals from leading names in the industry, including DHA, Bahria Town, and Park View. This surge of attention underscores the…
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Recorder Report Published February 21, 2024 The Pakistani rupee marginally increased against the US dollar, appreciating 0.03% in the inter-bank market on Wednesday. At close, the local unit settled at 279.5, a gain of Re0.07 against the greenback, as per the State Bank of Pakistan (SBP). On Tuesday, the rupee slipped lower to settle at 279.57 against the US…
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The Capital Development Authority (CDA) in Islamabad has garnered attention for its imposition of substantial lease extension charges on property owners. With notices demanding hefty payments for extending property leases by another 33 years, questions have been raised about the implications of these charges. While the amounts collected by the CDA run into billions of…
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