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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
The company also sells, rents out, or disposes off the real estate. [3] In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange, following an initial public offering at a strike price of PKR 12.50. [4] [5]
Real Estate Development and Management Act, 2010: This act mandates registration for developers and enforces regulations. The act also sets out rules for the marketing and sale of real estate. [19] [20] Detailed Area Plan (DAP): This is a long-term plan for the development of a specific area in Bangladesh. It is prepared by RAJUK.
To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [ 1 ] [ 2 ] In 2017, the housing gap in Punjab , one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047.
Rangs Pharmaceuticals Limited was established in 2003. [ 8 ] Ranks Real Estate Limited was established in 2008 and marked the entry of the group in real estate.
Real Estate and Housing Association of Bangladesh or REHAB is a real estate trade body in Bangladesh. [1] [2] Md. Wahiduzzaman is president of REHAB for 2024-2026. [3]