Sponge Cities Advanced Solution to Urban Flooding

As frequent and extreme global environmental changes and droughts render catastrophic impacts on millions around the world. Recent destruction brought by Pakistan flood 2022 has compelled the real estate developers and town planners to think of the Sponge Cities—Advanced Solution to Urban Flooding. As the researchers realize the significance of the idea apart from climate change, the other property and real estate development programs are redesigned in Pakistan. Such as urban sprawl, floating homes, industrial farming, as well as the engineering mechanism used to regulate water— to overcome the escalating impacts of these natural disasters.

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Punjab to Subsidize Road Project Linking Gujrat with Kharian-Sambrial Motorway

Gujrat-Kharian:

In the wake of heavy traffic load on GT Road, Punjab government has finally released an interlinking motorway (roadway).

In this context, news is out that the provincial government will subsidize the 29-kilometer-long inter-provincial Motorway. Which is connecting Gujrat city with Kharian-Sambrial Motorway. The present feasibility report predicts that an expected expense will range between PKR 8 billion to PKR 10 billion. The source news published on all dailies on the pages on September 14.

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Buying Property in Pakistan A Legal Guide for Overseas Pakistanis and Foreigners

A doable sector in Pakistan for foreigners or overseas Pakistanis is real estate. Many exotic Pakistanis can live and invest in the country’s property and real estate sectors. Don’t think of the property deals and real estate development projects for Buying Property in Pakistan around Lahore or Karachi through social media ads or on TV and Facebook every other day.
The cost of such marketing advertisements is put into the price of these property projects. However, the most concerning thing are the litigation of the projects. So, it may be expensive and may need you to take overtime due to a disapproval and barring of permits or local and central government approval. Read more “Buying Property in Pakistan A Legal Guide for Overseas Pakistanis and Foreigners”

Pakistan Property Show in Dubai attracts 20,000 People:

The Pakistan Property Show—an image-making effort by the real estate tycoons in the UAE. The purpose of the show was to highlight real estate and property sectors’ potential in Pakistan. The show was incepted by His Excellency Sultan Butti Bin Mejren, Director General of the Dubai Land Department. He addressed to the international audience and Pakistani real estate investors for an ensured collaboration by the UAE investors.

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Punjab Govt. to Lower Property Transfer Fee to a Big Down Count.

Lahore, 16th September 2022:

A good step by Chief Minister Punjab Chaudhry Pervaiz Elahi for the betterment of the people of the province. Chief Minister Punjab Chaudhry Pervaiz Elahi has reduced the property transfer fee in the province by a large sum down. Chief Minister Chaudhry Pervaiz Elahi fixed the property transfer fee across the province from high to one percent (1%). The property transfer fee before the gifted initiative was some 14-17%. The implementation of the decision will be immediate. However, a formal compliance order will be issued in the coming days by the Directorate of CM House.

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Commercial Plots at Attractive Location of New Lahore City – Latest Updates

New Lahore City is a perfect residential and investment project for low-budget buyers. Subsequently, it’s also one of the ideal options in terms of an investment point of view. The housing scheme has enticed investors’ interest due to several good reasons and rapid development in new Lahore city by Zaitoon Group. Recently further phase extension has brought more properties for sale for instant possession. Commercial and residential plots are also available around the phases of New Lahore City. Focusing on the project’s location makes it ideal for those who want to reside and do business in a quiet yet commercially-rich residential scheme. Real estate commentators label this mega project “a self-sufficing, modern city within a megacity.” Development projects for a number of houses are already underway in society.

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Applying Primer Before Paint: Yay or Nay?

Paint is like the dress of your home or building. The better quality the paint is, the more beautiful the facade of the building will look. Most of us seem to be looking for a Paint that could last longer without losing its gloss. Next-Home Realtors being in the real estate zone, knows whether it is a good idea of applying Primer Before paint: Yay or Nay? Working with different home improvers, we share with you the guidance that how paint should be applied to the home’s interior and exterior.

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What Are The Property Inheritance Laws In Pakistan?

Property inheritance laws have always been distinguished from other religions in India. The Britishers had to redefine the property transfer laws per the Islamic Jurisdiction in 1874 and later in 1929. Later on, after the formation of independent Pakistan, the Muslim Family Law of 1961-62 was imposed to reform the property cases in Pakistan. So, everyone living in Pakistan or wanting to invest in Pakistan real estate projects should learn that What Are the Property Inheritance Laws In Pakistan. In view of Pakistan inheritance laws, people with stable mental conditions deserve to inherit property, whether it be a moveable one or not.

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Lahore Central Business District Development Authority (LCBDDA)—A Venturous Threshold of the Real Estate Sector

Economic revitalization is the core priority of the Government of Pakistan. For this, following the post-Covid-19, many initiatives are on the go to sustain economic downfall. The real Estate Sector is one of the prime paradigms to support the Pakistani economy. The progressive growth rate of the Pakistani economy indicates positive points thanks to the govt.-backed real estate projects. In this perspective, Govt. of Punjab has taken a historical initiative by launching Lahore Central Business District Development Authority (LCBDDA). This will usher the real estate and urban building structures to new horizons. Next-Home Realtors foresees this step by the Govt. as the upshot of the construction industry in the province.

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Explained: The Rate of Zakat and Deduction At Source

Unlike mandatory government-imposed tax, there is a beautiful tax form in Islam. The justifiable obligatory tax is known as ‘Zakat’. It is an onus to every affluent and affordable Muslim to disburse Zakat on specified valuable or cash.

Who are Liable to Pay off Zakat?

Every individual having tradable goods or gold, or even silver must pay the Zakat for certain amount. Zakat is the pragmatic idea of obligatory charity to finish off poverty from the society. It’s how you return back to the people around you and beyond out of your own wealth. Zakat eases the living to those less fortunate. The word ‘zakat’ is derived from the Arabic which means ‘purify’.

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