Search results for: real-estate-news

Property tax negotiations saved from being driven into a deadlock

According to the news, a session was carried out yesterday after the Jummah prayer, between Government Officials and Realtors in which 3 big cities property tax dispute is said to be near to a solution. Rates will solely depend on the area and location of property, fair market rates would be as low as 35%

Property investment regularization scheme will substitute banking experts

Government Agreed to introduce an amnesty scheme for the regularization of property investments, named as property investment regularization scheme. Under this system, money invested in property before July 2016 will be legally secured. The main purpose of this new scheme is documentation. According to the resources, Government and stake holders are taking steps to solve

Fair Market rate of property going to be finalized for 21 cities

A meeting held between Traders, Realtors and FBR Officials for property rates and tax determination in which both parties presented their opinions and submitted their own fair prices for properties. PM’s Revenue Consultant Mr. Haroon Akhtar told media that Government has its homework completed and a property rate evaluation mechanism is prepared according to DC