Real Estate News

Why cars are expensive in Pakistan?

PakWheels co-founder says overpricing without int’l standard features real issue
What comes to your mind when you think about buying a car in Pakistan – taxes? Duties? Little or almost no safety and quality features … or almost no value for your money?

That&rsq

CM Usman Buzdar seeks German investment in Punjab

LAHORE: Ambassador of Germany Mr. Bernhard Stephan Schlagheck called on Chief Minister Sardar Usman Buzdar at his office here Friday and discussed different matters, including the expansion of bilateral cooperation between Germany and Punjab.

Talking on the occasion, Usman Buzdar stated

Cement exports: Road to plateau?

The International Trade Administration Commission (ITAC) of South Africa is reviewing the anti-dumping duties (ADD) imposed on cement products being exported from Pakistan this month. The duties that were imposed in 2015 went in place after an investigation that found the incidence of export dump

Pakistan Ascends to 111th Position in the Trading Across Border Index: FBR

Pakistan has improved its rankings by 31 positions in the Trading Across Border Index.
The country has also ascended 28 places in World Bank's 'Ease of Doing Business 2020' Index.

Pakistan has improved its rankings in the Trading Across Border Index by 31 positio

WASA crackdown on defaulters

Rawalpindi: Water and Sanitation Agency (WASA) Rawalpindi on Monday launched a crackdown against the defaulters and sealed 12 service stations.

Talking to APP Director-General WASA, Raja Shoukat Mehmood said that action in accordance with the law was being taken against the water bill d

SBP to launch world class ‘Rast’ payment system next week: Kamil

“From Monday onwards, the central bank will initiate a new payment system called ‘Rast’, as we believe this a right way forward for the country,” said Kamil.
Kamil informed that the upcoming payment system has been implemented in advanced countries i.e. UK a

The taking of Rawalpindi

Construction work underway at the site of Capital Smart City | Photo by the writer
The village of Treel, which was once a substantial bus ride away from Rawalpindi, has been practically engulfed by the city. As Rawalpindi city grew along the Grand Trunk Road, new housing societies and Defe

Bahria Town launching new project

Bahria Town launching a new project

LAHORE     -  Bahria Town, which is known for its untiring philanthropic work, is launching a new project that caters to the needs of the gifted.

The ground-breaking ceremony was honored by Cdre(R) Muhammad Ilyas (Vice Ch

CDA carpeting all roads of Islamabad

Islamabad: Capital Development Authority (CDA) has started carpeting of the entire main and link roads of capital include sector I-11, I-14, I-8, I-9, I-10, G, and H series.

According to details 10% of developmental work on box No4 of sector I-11 has been completed while 25% of

FBR issues forfeiture of property rules

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday authorized its customs officials to freeze and forfeit assets to the federal government including both movable and immovable properties suspected of having been acquired through proceeds of smuggling.

The FBR has issued Forfeiture o

Federal government bans construction in two Islamabad sectors

Construction in G-12, F-12 banned in Islamabad
The order from the additional DC, who is also the additional district magistrate, will remain enforced for the next two months
Federal Government Employees Housing Authority requests ban
ISLAMABAD: A ban has been imposed on const

Extending CPEC

NEVER in Pakistan’s history has a project been peddled to the people as a game-changer the way that the China-Pakistan Economic Corridor has been. The government is enthusiastic about the $60 billion worth of concrete carpeted highways, energy projects, and special economic zones. Early har

SBP recommends increase in retirement age to cut fiscal burden

KARACHI: The State Bank of Pakistan (SBP) has recommended an increase in retirement age in order to reduce the average coverage period of retirement benefits.

“The increase in the level of standard pension age may reduce the average coverage period of retirement b

FBR urged to ease traders’ profile condition

ICCI says tough laws discourage potential taxpayers from entering the tax net

ISLAMABAD:
Traders have called on the Federal Board of Revenue (FBR) to revise its policy for mandatory update of taxpayers’ profiles, which has created additional difficulties for the bus

Has Pak Suzuki Made A BLUNDER In 2020?

2020 didn’t prove to be an easy year for Pak Suzuki, as its sales dropped by 40% compared to 2019. Furthermore, the company’s current models, including Cultus, Swift, and Alto saw a drop in sales last year. So, all in all, it was not a great year. And we think, Pak Suzuki also didn&rs