ashiqahasan
Minister (2k+ posts)
Forecast 2019
Pakistan real estate market has been activity level low about 15 percent since January 2018. To bring order in Pakistan’s real estate sector the Budget of 2018-19 was presented in April included several measures, the sector which is a parking platform of ill-gotten money and promoting informal economy. Meanwhile, it was also expected that the market is heading toward a significant shakeup and positive alternation regarding the election of the new Government.
But the statements are collapsed in according to the law of supplier and demand, this law is about the supply of resource and demand for the resource. The property market is getting low to low. Due to the intense investment of black money in the property market, market status got higher enough, which is away from the approach of a person belonging to middle-class or a level upper than lower class. But the miss-adjustment of money is revealed now. But still these measures are not enough to reenergize the property market, it will take a long time.
To solve these issues government of Pakistan announced that the person who makes the investment in the real estate market more than 50 Lakhs, have to pay the tax as the investment increases. In both commercial and residential market, it will make different impacts regarding the coming year:
Pakistan commercial market review...... To Read Full Article Click Here
Pakistan real estate market has been activity level low about 15 percent since January 2018. To bring order in Pakistan’s real estate sector the Budget of 2018-19 was presented in April included several measures, the sector which is a parking platform of ill-gotten money and promoting informal economy. Meanwhile, it was also expected that the market is heading toward a significant shakeup and positive alternation regarding the election of the new Government.
But the statements are collapsed in according to the law of supplier and demand, this law is about the supply of resource and demand for the resource. The property market is getting low to low. Due to the intense investment of black money in the property market, market status got higher enough, which is away from the approach of a person belonging to middle-class or a level upper than lower class. But the miss-adjustment of money is revealed now. But still these measures are not enough to reenergize the property market, it will take a long time.
To solve these issues government of Pakistan announced that the person who makes the investment in the real estate market more than 50 Lakhs, have to pay the tax as the investment increases. In both commercial and residential market, it will make different impacts regarding the coming year:
Pakistan commercial market review...... To Read Full Article Click Here
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