Withholding Tax & Capital Gain Tax on Sale-Purchase of Property

Property investors in Pakistan often need clarification on property taxes. It is especially baffling to get the idea of withholding tax and capital gain tax on the sale and purchase of Property property in the country. Nexthome.pk will elaborate on the facts and information on the property taxes and the real estate properties. Let’s know today how you stand with these taxes. Read more “Withholding Tax & Capital Gain Tax on Sale-Purchase of Property”

Real Estate Sector Outdoes in the UAE—Pakistanis on the Lead

Along with travel and tourism, the Dubai property sector is also rising. This year, 108 USD is expected to be invested in the real estate sector. The property Data from the Dubai Land Department indicates that Dubai is still the favorite destination of the real estate investors worldwide. A total investment of 108 billion dollars is expected in the property in 2023-2024. Read more “Real Estate Sector Outdoes in the UAE—Pakistanis on the Lead”

What Documentations Required to Buy an Apartment?

When you go to buy an apartment in Pakistan, there are several steps you should follow to ensure a legal procedure to complete the transaction process. It is good to determine your budget for purchasing an apartment in Pakistan. However, what documents are required to buy a flat in Pakistan, and what paperwork is required to own an apartment? These are some questions that Nexthome.pk will address here. The prerequisites on the way to apartment purchase are the down payment, closing costs, and any additional expenses from the developers. Read more “What Documentations Required to Buy an Apartment?”

Supreme Court Verdicts Cantt. Boards to Charge Property Tax

The Supreme Court of Pakistan has permitted cantonment boards to continue charging property tax until the Sindh government formulates legislation on the matter. The decision came during a hearing on Thursday in a big development on the collection of property taxes in cantonment areas. The apex court was apprised of the Sindh government’s intention to introduce legislation to resolve the controversy of tax collection responsibilities.

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Why Next Villas? A Budgetary Residential Option in Lahore

In the central location of Main Raiwind Town, welcome to Next Villas. The stunningly affordable housing project is located in Maryam Town, Lahore. The Legacy Developers are renowned for their rich housing projects with astonishing architectural marvels. Nexthome.pk will explore why it is a good investment and housing buying option in Next Villas. Read more “Why Next Villas? A Budgetary Residential Option in Lahore”

An Analytics of 2 Successful Projects: Bahria Prime Tower & Pearl One Courtyard Tower

Out there are two successful towers in the region of Bahria Town Lahore. The two iconic towers stand tall to offer luxurious living experiences to potential buyers. Bahria Prime Tower and Pearl One Courtyard Tower are the two multistory buildings Nexthome.pk is going to analyze today. These are symbols of modern urban living standards that boast an array of amenities and spacious apartments for sale in Bahria Town Lahore. We discuss the key features of both towers in this comparative analysis. The comparison will help prospective homebuyers and investors to make sound decisions. Read more “An Analytics of 2 Successful Projects: Bahria Prime Tower & Pearl One Courtyard Tower”

Bahria Town Lahore Top 5 Towers—A Quick Glance

Bahria Town Lahore is not just a little behind the vertical building trend. Property builders and real estate developers focus on multistory building projects for this. Nexthome. pk walks you through the top 5 towers in Bahria Town, Lahore. Getting to know about these multistory commercial cum residential projects will give you an insight into investment and buying an apartment in Bahia Town Lahore. Read more “Bahria Town Lahore Top 5 Towers—A Quick Glance”

Property Taxes Insights in Pakistan

Like ever before, today’s blog, Nexthome.pk, will be very important for those who want to buy any property within 2024 or 2025. The government of Pakistan has announced its new property tax rates; now, both fillers and non-filers will have to pay a lot of taxes. Let’s take an overview of the tax changes and impositions. The tax has been imposed on non-filers, and the final tax has increased to more than 1%. Read more “Property Taxes Insights in Pakistan”

BTL Janiper Block—New Deals Open New Investment Opportunities

Bahria Town Lahore has always been on the frontline in introducing innovative property ventures. Recently, the development team of BTL launched new deals for Juniper Block in Bahria Town, Lahore. The exciting deals offer the commercial 10 Marla property inside Bahria Town. This property’s amazing location makes it a highly yieldable investment for commercial developers. It’s a ready-made plot where you can purchase your own commercial plot in Bahria Town. The good thing is that you can work as a builder or developer. Nexthome. pk assesses these deals are best for building apartments and commercial buildings to sell them out. If you are interested in investing in 10 Marla nonresidential plots for sale in BTL, this opportunity is worth investing in. Read more “BTL Janiper Block—New Deals Open New Investment Opportunities”

How Property Taxes Affect Your Real Estate Possession?

For people living in Pakistan and doing business or working in Pakistan and their properties here, the 7E tax applies to them today. In this blog, Nexthome. pk will talk about what is property tax and how to avoid it. While living in Pakistan, first of all, this tax has been applicable since last year. Whatever property you transfer, you need a certificate from FBR on which you have paid tax or an exemption certificate. If your property is exempt from SEVI, then, first of all, you need to get a certificate. Read more “How Property Taxes Affect Your Real Estate Possession?”