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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.
A square full of middle-class apartment buildings in Gulshan-e-Iqbal, Karachi. Housing in Pakistan generally consists of three classes: pakka houses (पक्का / پکّا pakkā, lit. ' "ripe" '), which are made of strong materials like brick and cement; katchi houses (کچی kachē, lit.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Shah Faisal Colony (Urdu: شاہ فیصل کالونی ), founded as Drigh Colony [1] (Drigh Village Refugee Colony) [2] is a residential and commercial area in Karachi, Sindh province of Pakistan. [3]
The Karachi Defence Housing Authority building is located at 2-B, East Street, Defence Phase I. In recent times, there were several complaints against encroachments by the concerned citizens in phase 6 at Khayaban-e-Seher adjacent to the commercial area. Houses were built on an area which was allocated for commercial area car parking.
Bahria Town (Private) Limited (Urdu: بحریہ ٹاؤن) is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4] Its second gated community opened in Lahore. In 2015, it launched Bahria Town Karachi, the ...
Karachi is ranked as a Beta world city in the GaWC index, [1] and is widely recognized as the prime financial and transport hub of Pakistan. The city is home to range of developments from foreign investors and local investors such as Malik Riaz , [ 2 ] however due to high corruption in the country, many projects have been delayed or completed ...
Karachi (/ k ə ˈ r ɑː tʃ i /; Urdu: کراچی [kə.ɾɑː.t͡ʃiː]; Sindhi: ڪراچي ; IPA: [kəˈraːtʃi] ⓘ) is the capital city of the Pakistani province of Sindh.It is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million.