GOVERNMENT IMPOSES NEW TAXES ON REAL ESTATE SECTOR

Park Green City

GOVERNMENT IMPOSES NEW TAXES ON REAL ESTATE SECTOR

The federal government has imposed 440 billion in new taxes on the real estate sector in this budget for 2022-2023. FBR Chairman Asim Ahmad said that the Federal Board of Revenue has submitted a proposal of 440 billion in new taxes to the federal government, which was approved and presented in the budget.

Following is the division of new real estate taxes:

· Rupees 34 Billion in terms of Customs Duty

· Rupees 316 Billion in terms of income tax

· Rupees 90 Billion in terms of Sales Tax and Federal Excise Duty

Furthermore, he informed the press that FBR has decided to provide relief of 85 Billion in taxes to the real estate sector in the next fiscal year. A total of 316 Billion in taxes will be imposed in the next budget. The detail of the implemented tax ratio is also made public by the Federal Board of Revenue.

Capital Gain Tax period has been increased to 6 years. Earlier, CGT would apply if you sold your property within 4 years, and tax rate would decrease each year. As per new amendment, the effective period will be 6 years and maximum tax rate will be 15%.

Advanced tax on sale or purchase of immovable property has been increased to 2% for tax filers whereas non-filers will pay 5% tax at the time of buying a property. Earlier the Advance tax was 1% on filers and 2% on non-filers.

Such excessive taxation is likely to discourage real estate investments. Additionally, cost of construction has already gone up massively in the past 2 years, so builders may also stop construction activities due to low demand and high risk of loss due to increasing inflation.

Conclusion

Due to the government’s considerable interest in the housing and building sector and private development enterprises seeking to attain new heights of quality, the real estate sector will achieve significant success in 2021. For more information regarding real estate, or for proper guidance contact us and avail free consultancy. Al Raheem Associates

Park Green City

Unveiling the Visionary Master Plan of Park View City Islamabad in a Professional Manner

Deal and deals 2023-09-03

In this article, we will take a closer look at the visionary master plan of Park View City Islamabad and explore the exciting opportunities it offers. A Prime LocationOne of the key factors that sets Park View City Islamabad apart is its strategic location. Aesthetic Architecture and DesignThe master plan of Park View City Islamabad incorporates aesthetic architecture and design principles to create an enchanting living experience. State-of-the-art AmenitiesAs part of its visionary master plan, Park View City Islamabad aims to provide its residents with a premium lifestyle experience. Whether you are looking for a luxurious home or a sound investment opportunity, Park View City Islamabad has something for everyone.

Why You Should Invest In Green Lake City Islamabad?

Muhammad Asad 2023-01-06

Located on the edge of a Twin City, Green Lake City is a world-class lifestyle destination that offers luxurious living and stunning natural beauty. Here are just a few reasons why you should consider investing in this remarkable development:Smart Architecture that Maximizes the Local Climate while Minimizing its Negative Impacts. One of the standout features of Green Lake City is its commitment to smart architecture. A Wealth of Amenities for Residents to EnjoyGreen Lake City is home to a range of luxurious amenities, including a Clubhouse, Medical Center, luxury retail stores, and a business center. ConclusionIf you are looking for a luxurious living experience in a stunning natural setting, Green Lake City is the perfect choice.

Park View City Islamabad NOC: What You Need to Know

Anzo Marketing 2023-02-18

Park View City Islamabad is a prestigious residential project located in the capital city of Pakistan. In this article, we will discuss everything you need to know about Park View City Islamabad NOC. Park View City Islamabad NOCPark View City Islamabad NOC has obtained from the CDA, which makes it a safe and secure investment opportunity for buyers. ConclusionPark View City Islamabad is a prestigious residential project that offers a luxurious lifestyle to its residents. Investing in a property with a NOC provides buyers with many benefits, including legal compliance, assurance of safety, and ease of obtaining financing.

Difference between Park View City and Capital Smart City

Regencymarketing 2022-03-19

In today’s article we are going to draw a comparison between two top notch housing projects of Pakistan. These two societies are none other than Park View City and Capital Smart City. While one is situated in the capital of the country the other is ideally located in the midst of twin cities. A smart city is residential space that is built using smart resources and offers smart features for the ease of its residents and visitors. These two are known as Executive Block and Capital Smart City Overseas Block.

HOW TO GET PROPERTY IN BLUE WORLD CITY ISLAMABAD

blueworld 2023-03-04

If you are looking for a property in Islamabad, then you may be interested in learning about how to get property in Blue world city Islamabad. 1-Why Blue World City Islamabad? 3-How to get property in Blue World City Islamabad? Those who are looking to invest in the Islamabad real estate market, Blue World City Islamabad is a good option to consider. For those who are looking to buy property in Islamabad, Blue World City Islamabad is an ideal option.

What is Blue world city Islamabad?

leadsmarketing 2022-09-02

The Different Types of investment opportunities in Blue world city IslamabadThere are different types of investment opportunities available in Blue world city Islamabad. Buying a property: One of the most obvious ways to invest in Blue world city Islamabad is by buying a property. Overall, if you are looking for a good investment in Islamabad, Blue world city could be a good option for you. What are the trends in Blue world city Islamabad? With a little research and planning, you can easily find the best deals on properties in Blue World City Islamabad.

WHO TO FOLLOW

MORE FROM AUTHOR

GOVERNMENT IMPOSES NEW TAXES ON REAL ESTATE SECTOR

Park Green City 2022-08-29

Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.

Press enter to search

Unveiling the Future of Living: Capital Smart City vs. Blue World City

Deal and Dealspk 2023-08-18

Among them, Blue World City and Capital Smart City stand out as prominent players, each offering unique features and attractions to potential investors and residents. Location: Blue World City Islamabad is strategically located near the New Islamabad International Airport, making it accessible and well-connected. Comparison and Investment PotentialBoth Blue World City and Capital Smart City share the common thread of being innovative and promising developments in Islamabad's real estate sector. On the other hand, Capital Smart City's smart city concept aligns with modern urban living trends, potentially attracting those seeking technologically enhanced lifestyles. ConclusionAs Islamabad's real estate sector continues to evolve, projects like Blue World City and Capital Smart City introduce fresh perspectives and concepts.

Real Estate in Pakistan 2022

Ahsan SEO 2022-08-30

You can easily reach Park View City from the Kashmir Highway through Park Road and Jinnah Avenue (formerly known as Kurri Road). One of Park View City’s most appealing features is its magnificent atmosphere, which offers breathtaking views of nature. Golf Estate has a very less distance from Bahria Town and can be easily accessed through gate 02 of Park View City Islamabad. However, the master plan of Golf Estate is yet to be revealed by the administration of Park View City. All these homes will be constructed on the international standards by the most trusted Park View City developers.

How to deal with new customers? Guide for realtors

Topline Marketing 2022-09-14

IntroductionEverybody has a distinct idea of what excellent service is since real estate professions are so diverse. Having said that, there are five basic problems we believe practically all real estate professionals encounter. In this article, we cover those pain points and offer some real estate customer service tips to help you provide great support to your clients. Communicate proactivelyMany moving pieces are involved in real estate deals. ConclusionOne industry that offers services is the real estate business.

Plot for sale in Nest City Islamabad

Zameen 2022-02-04

Over 3000 acres are reserved for residential use, and approximately 600 acres are reserved for educational institutions such as medical colleges and engineering colleges, agricultural colleges and universities and colleges, schools together forces cadet college. This article will cover every aspect that is related to the NEST City housing scheme which includes the those who run the society, locations masterplan, NOC information and luxurious facilities provided through NEST City. In the city of residence the majority of the housing programs offered by NEST City provide free health, education Wi-Fi, transportation, and wi-fi. More than 3000 acres are reserved to be used for residential purposes, and approximately 600 acres are designated for educational institutions such as agricultural universities, medical schools engineering colleges Universities, schools colleges, schools as well as combined force cadet schools. Within the NEST City of Islamabad there is an international hospital that is in development.

What type of properties are available in Top city Islamabad?

Top city Islamabad 2023-02-18

Why Islamabad is a great city to live in Pakistan's capital city of Islamabad is a great place to live for a variety of reasons. If you're looking for a place to call home in Pakistan, Islamabad should definitely be at the top of your list. Here are three of the top attractions in Islamabad: 1. There are many parks and play areas for children. There are many parks and play areas for children. There are many parks and play areas for children. There are many parks and play areas for children. Tips for living in Islamabad Are you thinking of moving to Islamabad?

Silver city housing scheme Islamabad

Silver city housing scheme Islamabad 2022-01-07

The residential complex “Silver city housing scheme ” from the construction company “Lead Marketing” is two blocks of nine buildings of different heights in the Islamabad district of Punjab. Your new apartmentIn the “Silver city housing scheme Islamabad“SILVER KEYS is a new residential complex in the center of Islamabad. Mortgage in the residential complex “Silver city housing scheme Islamabad”We provide our clients with mortgage programs from our partner banks with favorable conditions. One of these objects of the residential complex “Blue World City”, which we finished on time. 1 of the Silver city housing scheme” in Islamabad.

Blue World City Islamabad | Makkaan.com

Makkaan 2023-03-30

Choosing the right location is vital when investing in real estate. In addition to providing a luxurious lifestyle away from the city noise, BWC is located close to Islamabad/Rawalpindi and the Islamabad international airport. The project is being developed by Blue Group of Companies. Chakri InterchangeLahore-Islamabad M-2 MotorwayCapital smart cityIslamabad International AirportBlue World City Blocks:BWC General BlockBWC Overseas BlockBWC Awami ComplexBWC Hollywood BlockBWC Waterfront blockBWC Sports ValleyWhy Choose Blue World City? Flexible Payment Plans:High-Quality Facilities:Attractions at Blue World City Islamabad:Horse MascotSecond Cup Coffee Outlet at Blue World City

plot to be sold in bahria an enclave in islamabad

umar sharif 2021-10-22

In a market where you are able to acquire property at a huge discount, you still need to make sure you are doing your research!

Let the guesswork go out of the choice to invest in real property.

This article will not necessarily give you the specifics of which Arizona investment property you should purchase but it will outline four important elements that must be taken into consideration when making the purchasing decision.

If you are able to find a single-family home for $40,000 does not mean that it's the most affordable deal out there.

There is a lot of money coming into the Arizona property market by investors in other regions of the nation, and other areas of the world.

Many of these investors are purchasing properties because they are cheap however, it is not always because it is located in the best area.The September 2010: Repeat Sales Index Report, published every month by Arizona State University's W.P.

7 Wonders City Islamabad: A Project By GFS Builders

Maya Bhai 2023-05-30

Real estate has always been the epitome of investment, and what better way to invest your money in an upcoming project by GFS Builders, 7 Wonders City Islamabad? Introduction7 Wonders City Islamabad by GFS Builders is a state-of-the-art housing society designed to cater to the needs of the elite class of Pakistan. Facilities and Amenities7 Wonders City Islamabad by GFS Builders offers its residents best-in-class amenities and facilities. Payment PlansThe developers of 7 Wonders City Islamabad have divided the payment plans into easy monthly installments over a few years. Famous Projects Of GFS Builders:DHA Multan VillasNorth Town ResidencyMalir Town Residency7 Wonders City FarmhouseShopping ArenaVillas DHA CityOrangi Town ResidencyDowntown ResidencySeven Wonders EnclaveMega Twin TowerConclusionIn conclusion, 7 Wonders City Islamabad by GFS Builders is an outstanding opportunity for potential investors looking for luxurious living in one of the most sought-after locations in Islamabad.

How to find out real estate companies abroad?

Qazi Investments 2021-08-10

As it is obvious that real estate industry is one of the top and evergreen industry.

Mostly oversees people have much enough money to invest in this sector as their income matches the charges of this.

The main and existing problem that mostly oversees face is to find out the best, authentic and reliable.While size of area banks presented do give indication about expected growth of a property company's revenue, investors must also consider particular ratios certain to this industry.

Functioning margin and Get back on Money Applied shouldn't be dismissed as they offer useful perception in to a realty company's functioning efficiency.

Thus, debt to equity and functioning capital to income are very important ratios to be used while studying such companies.Qazi Investments is one of the top leading real estate marketing corporations now.

We are platinum sales partners of Capital smart City and Lahore Smart City.

Appoint Our Trustworthy and Legit Real Estate Consultant in Pakistan for Genuine Property Dealings.

Smarthome Pakistan 2023-01-27

Are you hunting for the best Real Estate Consultants Islamabad? We are a prominent name in the real estate market and helped several clients select the best Property for them. Instead, you approach us, the best Real Estate Builders in Pakistan, and we will handle everything and offer the best property option to you. But professional Real Estate Consultants Islamabad has complete knowledge about their market. Our Real Estate Consultants Islamabad is available 24*7 to support you with the best services.

Nest City Wah Cantt Payment Plan

Real 2022-02-02

There are a range of sizes available and the cost is fair considering the fact that NEST City is offering discount of 10. The payment plan provided through NEST City lets you select the most straightforward and tax-efficient method of payment. There is the option to purchase the land you'd like to purchase through NEST by making a smaller sum. HTML0It's the NEST The city Wah Cantt 18-marla plot that will be auctioned for. The money must be directly deposited into NEST City Development.

Housing Societies in Islamabad

neha afzal 2023-03-30

This is the sole reason why many new housing societies in Islamabad are some of the best societies to invest in Islamabad. PWD Housing Society:PWD Housing Society is one of the twin cities’ oldest and fastest-growing housing societies. Top City IslamabadTop City Islamabad, best housing society in Islamabad 2021, is still a fantastic housing complex in Islamabad society. OPF Housing Society:OPF Housing society is one of the eminent names in the housing societies of Pakistan. The housing society is known as one of the affordable housing societies in Islamabad especially for overseas Pakistanis.

Mivida City Islamabad: A Place of Opportunity

mivida city 2023-02-27

1- Mivida City Islamabad – A Place of OpportunityMivida City Islamabad is a place of opportunity for many reasons. 2- Mivida City Islamabad – A Great Place to InvestMivida City Islamabad is a place of opportunity. The city is also home to a number of embassies and consulates. The city is also home to a number of embassies and consulates. 3- Mivida City Islamabad – A Perfect Location for LivingMivida City Islamabad: A Place of OpportunityMivida City Islamabad is a new real estate project that is currently under development in the Islamabad, Pakistan. 4- Mivida City Islamabad – An Excellent InfrastructureMivida City Islamabad is an excellent infrastructure project located in the heart of Islamabad.