Lahore Real Estate News and Insights
The real estate market in Pakistan is about to change. PAL Group has big plans. They are bringing a huge $1.4 billion project to Pakistan. This UAE-based company wants to invest in a country that needs fresh energy in real estate. The timing is perfect. PAL Group aims to bring growth and hope to Pakistan’s…
Economy can be reflected on real estate market. The show provides a glimpse of location and where we need to be vigilant. But the property market in Islamabad and Lahore slowed down recently. Everyone is worried — investors and their home buyers. This isn’t a little change. But it also shows big problems everyone in…
Lake City Lahore has been awarded the Best Real Estate Development at the prestigious FPCCI Excellence Awards exclusively as a tribute to excellence. This is due to the increasing demand for Lake City as a top tier residential and business hub. It not only puts a seal on its status as a leader in real…
The Lahore Development Authority (LDA) has recently launched an online process for the submission and approval of residential building plans, marking a significant step towards digitization and ease of doing business in Lahore. This initiative is part of the LDA’s broader effort to streamline services and make them more accessible to the public. Key Aspect…
In a significant move towards modernizing land management, Punjab’s Senior Member of the Board of Revenue (SMBR) Nabeel Javed announced the establishment of state-of-the-art E-Arzi Centers across the province. These centers aim to provide a seamless one-stop solution for land records, including the issuance of Fard, stamp papers, and payment of relevant fees. The digitization…
Lahore’s Walton Road has recently become a focal point for real estate enthusiasts and curious onlookers, as properties linked to the late Seth Abid have surfaced on the market. Seth Abid, a renowned Pakistani businessman and philanthropist, left behind an extensive portfolio of properties, some of which are now up for grabs. This development sheds…
The National Accountability Bureau (NAB) in Lahore has recently seized properties belonging to various housing societies. This action comes as part of a broader effort to address complaints from affected individuals and tackle widespread fraud within the real estate sector. NAB Lahore’s Director-General Amjad Majeed Aulakh has been at the forefront of these operations, which…
In a groundbreaking move to facilitate property transactions for Pakistanis living abroad, Punjab Chief Minister Maryam Nawaz has approved the implementation of an online property transfer service. This initiative aims to provide a seamless and efficient way for Overseas Pakistanis to manage their property-related matters without the need to be physically present in Pakistan. During…
Punjab’s Chief Minister, Maryam Nawaz, recently announced significant legislative advancements in the province’s real estate sector. In a meeting with the Planning and Development Board, Maryam emphasized the introduction of laws for Real Estate Investment Trusts (REITs) to foster transparency and attract foreign investment. This move is part of a broader strategy to enhance Punjab’s…
Punjab Chief Minister Maryam Nawaz Sharif has initiated a strategic partnership with German firm TUV Rheinland to enhance the monitoring and management of development projects in the province. During a meeting with Benedik Aneselmann, Regional Executive Vice President of TUV Rheinland, the collaboration was agreed upon to provide technical assistance, third-party monitoring, and certification of…
In recent years, Punjab’s real estate sector has witnessed significant policy shifts under the leadership of Chief Minister Maryam Nawaz Sharif. Recognizing the pivotal role of real estate in economic development, CM Maryam Nawaz has spearheaded numerous initiatives aimed at modernizing and enhancing the transparency and efficiency of the sector. Strategic Partnerships One of the…
Lahore’s property dealers are voicing strong opposition to the government’s proposed additional taxes on the real estate sector, as suggested by the International Monetary Fund (IMF). According to Muhammad Saeed, Chief Coordinator of the Property Dealers’ Association, the sector is already burdened with five different taxes, which have led to a 75% drop in plot…
