Search results
Results From The WOW.Com Content Network
Real estate in Pakistan underwent a boom during the early and mid 2000s when Overseas Pakistanis started sending substantial amounts of their savings back home after 9/11. As of 2019, statistics reveal that an average 500 yards plot in DHA Islamabad is priced between ₨20-25 million. Pakistan's leading property portal "Zameen" reported in ...
DHA, Karachi form under Presidential Order number 7 of 1980 later approved by National Assembly. DHA, Islamabad DHA,Rawalpindi- islamabad form under Gazette of Pakistan dated 19 March 2013 passed by Parliament Act no XII of 2013. DHA, Lahore form under Extraordinary Gazette of Pakistan Part-I dated 19September 2002. DHA, Multan; DHA, Gujranwala
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.
Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the 2023 Pakistani Census) [2] and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government. [1] [3] Housing is an important element of real estate in Pakistan.
Real Estate Real estate holding & development Islamabad: 1999 State-owned real estate developer S A PICIC Commercial Bank: Financials Banks Karachi: 1993 Defunct 2007, merged into NIB Bank: P D Port Qasim Authority: Industrials Transportation services Karachi: 1980 State-owned Port Qasim, Karachi seaport operations S A PTCL: Telecommunications
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.
The CDA was established on 14 June 1960 by an executive order entitled Pakistan Capital Regulation. As of 2016, most of CDA's municipal services and departments have been transferred to the newly created Islamabad Metropolitan Corporation. However, the CDA is still in charge of estate management, project execution and sector developments. [1]
[13] The group operates in real estate, brokerage and financial services, infrastructure, natural resources and telecom sectors, including with its brokerage arm, investment house AKD Securities, which in 2002 launched the first online brokerage firm in Pakistan, AKD Trade. [14] [15] AKD Group's chairman is Aqeel Karim Dhedhi. [16]