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2006, 2024
  • Shocking Property Tax Hike in Pakistan's 2024-25 Budget

Shocking Property Tax Hike in Pakistan’s 2024-25 Budget

The Budget 2024-25 in Pakistan proposes significant changes to the taxation of real estate and property, impacting both filers and non-filers. Here’s a detailed breakdown of the key changes: Capital Gain Tax on Real Estate Currently, the capital gain tax on immovable property depends on the holding period (1 to 6 years) of the plot/flat/constructed property. After 6 years, there was no tax. The new proposal changes this:For Filers: A flat 15% capital gain tax irrespective of the holding period.For Non-Filers: A steep 45% capital gain tax.This new rate applies to properties acquired on or after July 1, 2024. Properties ...

1306, 2024

Budget 2024-25 Pakistan: Friendly Budget, But Not for Us

The Federal Budget for FY2024-25 has been unveiled, and it's being touted as one of the most 'friendly' budgets in recent times. But as we dive into the details, it becomes clear that the benefits might not be reaching the common people as expected. Let's break down the key points of the budget and see who really benefits. Total Outlay and Major Allocations The total outlay for the budget is Rs. 18,877 billion. Here's a look at the major allocations: Debt Servicing: A staggering Rs. 9,700 billion is allocated for debt servicing. This is more than half ...

1705, 2024
  • MGC Jewel Complete Payment Plan Details || ROI vs ROA

MGC Jewel Complete Payment Plan Details || ROI vs ROA

The real estate market in Islamabad is now more accessible than ever with the innovative 1% Payment Plan, an initiative by MGC Developments. This plan allows investors to secure a home or commercial space with just a 1% monthly installment over seven to eight years. Whether you are looking for luxury apartments, shops, or hotel suites, the 1% Payment Plan provides a flexible and affordable pathway to property ownership in Islamabad. What is the 1% Payment Plan? The 1% Payment Plan is a post-possession installment plan that enables you to invest in high-rise real estate by paying ...

1005, 2024
  • The Paradise Mall Details Biggest Mall of Pakistan with Highest ROI

The Paradise Mall Details || Biggest Mall of Pakistan with Highest ROI

Are you ready to delve into the epitome of luxury and convenience? Welcome to The Paradise Mall, the crown jewel of Rawalpindi and Islamabad, and now touted as the biggest mall in Pakistan with the highest ROI. This comprehensive guide unveils the secrets behind its grandeur, the allure of its offerings, and the promise of unparalleled returns on investment. The Paradise Mall: Picture a majestic complex spanning over 4.5 million square feet, redefining the very essence of luxury living and shopping. The Paradise Mall stands tall as a testament to architectural brilliance and visionary design, beckoning visitors ...

105, 2024

MGC Jewel Details || Bahria Town’s Prime Commercial Destination

Welcome to MGC Jewel, a luxurious highrise development nestled in the heart of Phase-8, Bahria Town, Islamabad. With its striking design and prime location, MGC Jewel stands as a beacon of sophistication and convenience, offering residents and investors an unparalleled lifestyle experience. Let's explore what makes MGC Jewel the ultimate commercial destination in Bahria Town. Architectural Marvel: MGC Jewel stands tall as a 27-storey masterpiece, approved by the Rawalpindi Development Authority (RDA), boasting a soaring height of 300 feet. With a sprawling area of 12.76 Kanals, this mixed-use building redefines luxury living in Islamabad's bustling Bahria Town. ...

2403, 2024
  • New Property Tax Regulations Hit Islamabad, 2024

New Property Tax Regulations Hit Islamabad, 2024

New Property Tax Regulations Hit Islamabad, 2024; In a recent development, the Capital Development Authority (CDA) has rolled out revised property tax regulations impacting real estate owners across Islamabad. As per the latest update, property owners in various sectors and housing societies, including Shehzad Town, Margala Town, and Rawal Town, are now subject to significant tax increments. For instance, owners of 140 square yards plots now face a tax burden of Rs24,000. Moreover, the tax landscape extends to farmhouses, with owners of properties spanning eight kanals facing a hefty Rs180,000 levy. Larger farmhouses, ranging from 90 to 120 kanals, are ...

What is the tourism potential in Islamabad?2023-03-16T13:55:45+00:00

Islamabad is home to many historical and cultural sites, such as the Faisal Mosque, Rawal Lake, and the Margalla Hills. This makes it an attractive destination for tourists and creates opportunities for investors in the tourism sector.

What is the current state of infrastructure development in Islamabad?2023-03-16T13:54:49+00:00

The government of Pakistan is investing heavily in infrastructure development in Islamabad, including the construction of new highways, airports, and industrial zones. This development is intended to make the city even more attractive for investors.

What kind of government support is available for investors in Islamabad?2023-03-16T13:53:37+00:00

The government of Pakistan is committed to supporting businesses and investors in Islamabad by providing a range of incentives, including tax breaks, subsidies, and other benefits. This support is intended to encourage investment in the city and promote economic growth.

What is the economic situation in Islamabad?2023-03-16T13:52:18+00:00

Islamabad is the political and economic hub of Pakistan and has seen impressive economic growth in recent years. Its stable political environment and thriving business sector make it an attractive location for investors.

What are the potential opportunities for investors in Islamabad?2023-03-16T13:50:41+00:00

There are several potential opportunities for investors in Islamabad, including the housing, commercial, service, tourism, and education sectors. The city’s growing population, diverse culture, and tourism potential create opportunities in these sectors.

Why should I consider investing in Islamabad?2023-03-16T13:48:06+00:00

Investing in Islamabad can provide great returns due to its growing economy, strategic location, infrastructure development, skilled workforce, and diverse culture. The city’s low cost of living and government support for investors make it an attractive location for businesses looking to establish a presence in the region.

What sectors offer the most potential for investment in Islamabad?2023-03-16T13:01:20+00:00

The sectors that offer the most potential for investment in Islamabad include housing, commercial, and service sectors due to the growing population. Additionally, the city’s diverse culture and tourism potential create opportunities in the tourism sector. Islamabad’s world-class educational institutions provide opportunities in the education sector as well.

What are some reasons to invest in Islamabad?2023-03-16T12:58:53+00:00

There are many reasons to invest in Islamabad, including its growing economy, strategic location, infrastructure development, skilled workforce, growing population, diverse culture, tourism potential, world-class educational institutions, and government support for investors.

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