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.
Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…
Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…
Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…
ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…
Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…
Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…