Eighteen Islamabad### Eighteen Islamabad: A New Chapter in Pakistan's Real Estate Landscape Islamabad, the heart of Pakistan, is about to witness a significant boost in its real estate market with the launch of the ambitious Eighteen Islamabad project. As housing demand surges across the nation, this $2 billion venture aims to cater to the growing needs of residents in the capital and beyond. Announced recently, this mega project is a collaborative effort between Ora Developers, an Egyptian firm, and Saif Group, a well-established Pakistani conglomerate with varied interests including textiles, energy, and now real estate. Additional support comes from Kohistan ...

Property Valuation Rates Slashed: What It Means for the Real Estate Market Just before the upcoming general elections, the federal government made a surprising move by cutting property valuation rates by as much as 57% in six major cities of Pakistan. This decision has sparked a lot of discussions among real estate stakeholders as it seems to partially reverse earlier policies aimed at tackling the issues of black money in the property sector. Originally, the Federal Board of Revenue (FBR) had intended to increase property valuations by 25% to 30% to align them more closely with market prices. However, recent ...

PSX's Strategic Shift: What You Need to Know The Pakistan Stock Exchange (PSX) recently made headlines with a significant decision during the quarter that ended on December 31, 2017. After experiencing a downturn, where profits turned into losses, the board announced plans to separate its real estate assets from its core operations. Why does this matter? Let’s dive in! PSX's board approved the demerger in an effort to streamline operations and boost net earnings. According to PSX Company Secretary Muhammad Rafique Umer, the separation will create a new entity focused solely on real estate. This means that existing shareholders of ...

Real Estate Trends in Major Pakistani Cities: A 2018 Overview As we stepped into 2018, the real estate landscape in Pakistan's major cities—Lahore, Islamabad, Karachi, and Gujranwala—remained surprisingly resilient. Despite the various challenges posed by a new tax regime that seemed to scare off many investors, the prices held steady, thanks largely to genuine buyers looking to make long-term investments. Lahore Market Insights In Lahore, particularly in the DHA (Defence Housing Authority) Phases I-VI, we saw a notable uptick in property values. The price of 10-marla plots jumped by 4.24%, while 1-kanal plots experienced a 4.74% increase. This growth was ...

KARACHI: Have you ever heard the saying, "Don't put all your eggs in one basket"? Warren Buffett, one of the most successful investors in the world, emphasizes this point. He believes diversifying your income streams through smart investments is crucial. Considering how rapidly the global economy is changing, today’s financial landscape offers various exciting investment opportunities. Enter the world of cryptocurrencies. A few years back, this term might have been foreign to many, but now it’s at the forefront of investments. It's not just cryptocurrencies that have gained traction; the average person today is more eager to dive into various ...