ISLAMABAD: A six-member delegation of the Association of Builders and Developers (ABAD) met Advisor to Prime Minister on Finance and Revenues Dr Abdul Hafeez Sheikh to deliberate on different aspects of the real estate and construction sectors.
The delegation, headed by Hassan Bakhshi, discussed several proposals to make the market more conducive for property business and ensure increased tax collection for the government.
Taxation rates on property, building height restrictions in Karachi and rationalisation of property valuation tables were the highlights of the meeting, with the ABAD representatives emphasising the need to create a conducive environment for real estate business to flourish, thereby enhancing the economic conditions of the country.
Sheikh responded with assurances of maximum support for the sector while simultaneously ensuring that the principles of equity, transparency and fair play are not compromised.
The Advisor then asked the delegation to fine-tune their proposals and schedule a follow-up in the second week of January.
For more news and blogs, visit Graana.com.
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…
Model Town, located in the heart of Gujranwala, is one of the city’s most prestigious…
ISLAMABAD, Pakistan— In a major move to address the longstanding grievances of overseas Pakistanis, the…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
