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Tax Exemption on Agricultural Property on Sale-Transfer: FBR Announces

By Jahanzaib Shakeel,August 21, 2023August 21, 2023

Tax Exemption on Agricultural Property on Sale-Transfer: FBR Announces

In a recent news spared out from the Federal Board of Revenue, the FBR has issued circular number 3 of 2023. Clarifying the application of section 7E on farmhouses. Under this circular, Tax Exemption on Agricultural Lands on Sale-Transfer will be applicable. The tax exemption validates on agricultural property used for farming activities under the provisions of section 7E of the Ordinance. This exemption applies to self-owned agriculture property and excludes farmhouses and associated immovable property constructed on agricultural land.

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Adapting Commercial Spaces for Remote Work

By Jahanzaib Shakeel,August 20, 2023August 20, 2023

Adapting Commercial Spaces for Remote Work

In recent years, the global business landscape has witnessed a remarkable transformation in the way work is conducted traditionally. The advent of remote work has transcended geographical boundaries, Adapting Commercial Spaces for Remote Work. One of the key challenges in managing such projects is to find a suitable space that fosters collaboration, communication, and efficiency. Nexthome.pk explores the sources of getting a commercial building on rent for remote work international projects. Read more “Adapting Commercial Spaces for Remote Work”

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Affordable Housing Innovations

By Jahanzaib Shakeel,August 20, 2023August 20, 2023

Affordable Housing Innovations

Pakistan is witnessing catastrophic inflation era of history. Skyrocketing building materials and high labor wages have made it almost impossible to build a home for a middle-class household. As affordable housing crisis continues to be a pressing concern, pushing developers and innovators to find affordable housing innovations to tackle this issue. Nexthome.pk has brought some cheaper housing option in Lahore such as apartments for sale on instalments, and house for sale. Aside from this, let’s explore what are the lower cost factors for residential purposes. Read more “Affordable Housing Innovations”

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Affordability, Safety with the Promise of Apartment Buildings in Pakistan

By Jahanzaib Shakeel,August 19, 2023August 19, 2023

Affordability, Safety with the Promise of Apartment Buildings in Pakistan

In the dynamic real estate development in Pakistan’s real estate market, the paradigm of housing options is undergoing a remarkable shift. The prominence of apartment buildings as a viable and innovative solution is reshaping the notions of affordability and safety in urban living. This trend is thanks to Affordability, Safety with the Promise of Apartment Buildings in Pakistan. Particularly, evident in cities like Lahore, where the demand for cost-effective housing options is high. The spotlight of property shines on apartment buildings. Many renowned developers are developing high-rise buildings with the options such as Kingdom Mall Apartments for sale. Read more “Affordability, Safety with the Promise of Apartment Buildings in Pakistan”

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Federal Board of Revenue Relaxes Conditions for Sellers of Immovable Property

By Jahanzaib Shakeel,August 19, 2023August 19, 2023

Federal Board of Revenue Relaxes Conditions for Sellers of Immovable Property

After the repeated concerns raised by realtors and property stakeholders jn Pakistan, the FBR has recently announced a significant relaxation in the Section 7E of the Income Tax Ordinance, 2001. In this change, Federal Board of Revenue Relaxes Conditions for Sellers of Immovable Property to provide clarity, and foster a more efficient and transparent property market. Read more “Federal Board of Revenue Relaxes Conditions for Sellers of Immovable Property”

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FBR Enforces New Verification Form Mandatory For Property Sellers Under Section 236C (2A)

By Jahanzaib Shakeel,August 17, 2023August 17, 2023

FBR Enforces New Verification Form Mandatory For Property Sellers Under Section 236C (2A)

Federal Board Revenue (FBR) again strikes out with a new regulation on property. A FBR Enforces New Verification Form Mandatory For Property Sellers Under Section 236C (2A). This new rule restricts property sellers to submit a verification form to the registering authority before any transfer of immovable property can happen. This form contains crucial information about the property, the seller, and tax-related aspects of the transaction. Read more “FBR Enforces New Verification Form Mandatory For Property Sellers Under Section 236C (2A)”

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A Guide to Home Financing Making Your Al Kabir Dream Home a Reality

By Jahanzaib Shakeel,August 16, 2023August 16, 2023

A Guide to Home Financing Making Your Al Kabir Dream Home a Reality

The current situation of inflation and feeble economy making your dream of owning a home come has become a challenge. Luckily, nexthome.pk has discovered some reliable real estate developers who offer affordable housing options. Guide to Home Financing Making Your Al Kabir Dream Home a Reality Kabir is for financial preparation and consideration. The journey starts with getting pre-approved for a mortgage. Following it will enable you to gauge your borrowing capacity and monthly payment plan with AlKabir Developers. Read more “A Guide to Home Financing Making Your Al Kabir Dream Home a Reality”

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Govt. Must Realize the Significance of the Real Estate Sector of Pakistan

By Jahanzaib Shakeel,August 15, 2023August 15, 2023

Govt. Must Realize the Significance of the Real Estate Sector of Pakistan

The real estate sector in Pakistan plays a primary role in the country’s economic growth. With a diverse range of categories including 3 Marla houses, 3 Marla plots for sale and on instalments, as well as 5 and 8 Marla plots. This sector holds a crucial position in catering to both residential and commercial needs. Govt. Must Realize the Significance of the Real Estate Sector of Pakistan Read more “Govt. Must Realize the Significance of the Real Estate Sector of Pakistan”

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Onic Pakistan to Revolutionize Digital Telecom on Pakistan Independence Day

By Jahanzaib Shakeel,August 12, 2023

Onic Pakistan to Revolutionize Digital Telecom on Pakistan Independence Day

Onic Pakistan, the nation’s pioneer Digital Telecommunication company, is set to make its grand debut on the 14th of August, 2023. It will be Pakistan’s 5th mobile network operator coinciding Onic Pakistan to Revolutionize Digital Telecom Independence Day. As a milestone of digital progress and connectivity, this revolutionary network operator is poise to become the fifth cellular operator in Pakistan, ushering in a new era of high-speed mobile internet.

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Which Property Type is Winning in Pakistan Real Estate Market?

By Jahanzaib Shakeel,August 10, 2023

Which Property Type is Winning in Pakistan Real Estate Market?

In exploration to emerging trends in Pakistan’s Real Estate Market, the Popularity of Different Property Types is growing. For both homebuyers and real estate investors, it is important to know which property type is winning in Pakistan Real Estate market. The real estate market in Pakistan has always been a dynamic arena, with shifting trends and evolving preferences of investors and homebuyers. Among the diverse range of property types available, including apartments for sale, 3 Marla houses, 3 Marla plots, 5 Marla properties, and even 8 Marla residential and commercial plots. It is interesting to analyze which property type is currently leading the way in the market. Read more “Which Property Type is Winning in Pakistan Real Estate Market?”

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