According to census data, there were 106584 real estate brokers in the United States as of late 2020. As of early 2022, both rents and mortgage rates have risen. These facts combine to create a highly competitive market in which potential homebuyers, landlords, and renters all need the best. These conditions may pique your interest…
The government has not permanently shelved the Mera Pakistan Mera Ghar scheme and has decided to revise its features in light of the altered macroeconomic environment. Samar Hasnain, executive director of State Bank of Pakistan’s (SBP) Development Finance Group (DFG), stated this during the seventh episode of the SBP Podcast series. Hasnain noted that the…
Ibn-e-Ameer The happiest day may be the one when you enter your own home. This is what everyone wants when he has some extra money. Habib Bank Limited (HBL) is one of the banks that offer loans for homes. People often ask which bank is best for home financing in Pakistan. How much house loan can…
Ibn-e-Ameer The government has appointed SECP as a regulator of the Credit Guarantee Trust Fund (CGTF) to provide risk cover against financing in the housing sector in Pakistan. Following this, the government will ensure registration of the Existing Credit Guarantee Trust Fund under the Islamabad Capital Territory Trust Act. 2020. Finance Division had proposed the…
Ibn-e-Ameer Frontier Works Organization (FWO) is set to get a US$ 700 million contract of Residential Project contract for Overseas Pakistanis. Interior Division proposed the cabinet in a recent meeting to award a multimillion dollars contract to FWO. It will execute the project in Design and Build mode in accordance with PPRA Rule 21. The…
Ibn-e-Ameer Everyone dreams of having their own house. In Pakistan, there is a shortage of 12 million housing units. A large part of the population has no houses and lives on rent. The government had started a project to provide homes under the Naya Pakistan housing loan. The article provides details of the project and…
Ibn-e-Ameer Investment in the real estate sector has higher returns as well as higher risk due to the monopoly of real estate tycoons. The real estate sector operates like investing in the stock market to some extent with better returns and higher risks. And if you are overseas and have some surplus money, you will…
Federal Board of Revenue (FBR) has held in Abeyance New Property Valuation in Pakistan till January 16, 2022. It took a decision taking cognizance of a number of complaints from across the country received from various stakeholders including real estate agents and town developers. They had complained about the extraordinary rise in property rates resulting…
What is property (real estate ) investment? Real estate investment is a business in which we purchase land, property, and homes. We invested in it, and later, we sold it to get the maximum profit. This business is now become of the largest industry all over the world because of the increasing population. Everyone needs…
News Report The verified land records in Pakistan become the top priority of Prime Minister Imran Khan who pledges to complete the digitization of cadastral mapping. This project will help overseas to verify records of land to invest in real estate. In the first phase, the government will complete the project of digitization of…