DHA Lahore is earmarked as the development to have set benchmark for the property sector in Pakistan. A symbol of lavish living, the DHA Lahore is acknowledged for its exclusive town planning and state of the art construction ideas. Owing to its promising nature and security of the investment, various investors have funneled huge amounts in the DHA Lahore and have thrived in crystallizing reasonable gains.

Every time DHA launches a new phase, it follows the norm of initially allotting property files to the buyers and these files are subject to price hikes in allegiance with the development work undertaken by the authority. Same  trend was followed in the DHA Lahore phase-7. Because of the credibility enjoyed by the DHA’s governing Authority, the property investors injected huge investment influx in Phase 7 by purchasing property files. The time has come for these investors to cash the return on their own investment.

According to the information received by the property experts at Zameen.com, block wise sanction of possession is expected to start some time soon for plots in DHA Lahore phase-7. The experts also expect that this news would catalyses the surge of activity in phase-7. Moreover, the block wise maturity of this phase would also ignite the property prices to show an upswing.

The waiting period for the investors and prospective residents, who intend to construct their houses in phase-7 is likely to get over shortly. Defence Housing Authority has not yet publicized this information, but the positive buzzes for the provision of possession in this phase can already be sensed.

Bahria Town has recently taken a concrete step in giving a boost to the economy of Pakistan. By offering up to 10% discount on payments made in Euros, Pounds and Dollars for residential as well as commercial plots in the locality, the developer has shown commitment to not only encourage the overseas investors for investing in Pakistan real estate but also made practical efforts for increasing the foreign reserves of Pakistan.

According to the details offered by the developer through printed advertisements as well as its official Facebook pages, the international Pakistanis who choose to buy residential or commercial property in Bahria Town on installments can get a 5% discount on their payments made in Dollars, Euro or Pound. Offering 5% discount on real estate investment means giving a concession worth of over Rs. 100,000. For instance, as of May 2013, the average price of a 1-Kanal plot in Bahria Town Lahore is PKR 8.5 million and 10% discount on it means a weaver of PKR 0.85 million.

The developer has also made it clear that the amount collected from this offer will be surrender to the State Bank of Pakistan. Sadly, this is a limited time offer and will expire in a month. Many local and international investors expect that the popularity of this offer may make the authorities to extend its deadline or continue it for good. The discounts will be calculated according to the rate of currency recorded in the open market during the payment submission. Zameen.com offers its credible domain and huge listings for the overseas Pakistanis interested in residential plots in Bahria Town.

The general elections leading to the 14^th parliament finally reached the conclusion. The elections massively influenced stock exchange market and other businesses as well. Nevertheless, the real estate sector of Pakistan was less affected due to the general elections of 2013. In the pre-election setting, Zameen.com noted that the property prices in Pakistan, unlike to other business concerns, were not swayed. However, it is usual that the transactional trends experience a pause or downwards slide during the election span and that is what happened during this election term.

It was expected that the elections would root the downfall in property prices. Nevertheless, the robustness of the Pakistan real estate can be estimated from the fact that other than a temporary pause in transactional volume, the general elections could not influence the property market. The hustle and bustle of elections is almost over now. Zameen.com expects a post-election upsurge in the realty market of the country. The market was already going strong, but the positive air spread by the elections is likely to prove much hale and hearty for the realty sector of the country.

The property investors kept hold of their money during the whole election span. This was done basically to adopt a secure approach to see the investment prospects. However, the election results are out now and businesses are expected to flourish in the impending time. The property market boom is also underway because a rush of investment in presumably expected in the realty market.

The experts at Zameen.com are expecting a surge in the number of people who use the portal for browsing property for sale and purchase in Pakistan. With noticeable transactional hikes, the property market of Pakistan is likely to pick up soon. Many posh areas like DHA, Bahria Town and Gulberg were already the focal point among the investors and general property buyers. The expected post-election stability will further assist in maintaining the poise in the property market.

The caretaker Chief Minister (CM) gave orders for a new property survey to take place, in a cabinet meeting in Punjab. The secretary of Excise and Taxation Department briefed the CM about the concerns regarding property taxes.

The CM elaborated his reasons why it was important to conduct this survey as it would be a multi-tier process addressing many taxation issues. In this regard, the officers of excise department were given the duty to categorize areas according to the locality and place them in the right categories.

It was learnt by the authorities that many posh areas were graded in Category C just to keep their property taxes low. After the CM’s orders, this practice is to be ceased and all areas would now be categorized accordingly to impose appropriate taxes on them. D.H.A, Bahria town and other posh residences will come into category A. The new order also specified that the property has to be taxed according to its size. All houses bigger than 5 Marlas were to be taxed.

This survey had been due since a long time but was being forestalled by previous governments. The new law is expected to generate revenue worth millions of rupees for the Excise Department, because instead of paying taxes as per the law of 2002, the property holders and landowners will now pay the taxes according to the new revised rates. The CM laid stress on devising tenancy laws that are just by saying that it is the basic duty of any ruling government to adhere to them.

Stringent instructions were imparted to the officials of Excise Department to recover all the tax deficits and unpaid taxes. It has also been part of the notification that the excise inspectors found giving favors or illegally exempting anyone from tax will be dealt with severely with the issuance of show-cause notices meant to shirk their duty tenure.

Before the survey commences, people would be notified by a government proclamation through newspapers and TV.

The potential held by Pakistan real estate sector is promising enough to entice the investors from all around the world including the world’s construction capital the UAE and the global investors’ capital, the US.

With a fairly large chunk of population who is under the age of 35, Pakistan enjoys a unique status among the developing countries of the world. The vigour and zest possessed by the local population and their aspirations of playing their role in making Pakistan a better and more respectable country on the globe is not hidden. The drawing of investors towards Pakistan and its realty sector is just one of the indicators that the world has realized the country’s true potential.

Not too long ago, the news about a UAE based company showing interest in erecting the world’s tallest building in Karachi made big headlines in international news media. Within a month after the tallest building’s project was scraped, the famous property tycoon of Pakistan real estate, Malik Riaz Hussain, closed a more concrete and rather grand deal with Thomas Kramer, a German-born and US-based real estate developer known internationally for gentrifying South Beach in Miami, Florida.

The real estate tycoons of the two different worlds, signed a $20 billion deal for the construction of South Asia’s first Island city, named as the Bundal $ Buddo Island, Karachi. In terms of the involved investment amount and the scale of the project, Bundal & Buddo City is a far bigger project than the one scrapped by the UAE investment company earlier this year. This project promises to offer the range of amenities and facilities in Pakistan that have never been introduced in the region before.

With projects like these, the coastal city of Pakistan can hope to gather the worth and importance that it truly deserves. It is also believed that the pact signed between Hussain and Kramer is the first one in the series of major international investments heading to Pakistan.

As the leading portal of Pakistan real estate, Zameen.com is vigorously expanding and making an alliance with several renowned national as well as international portals. The latest in this regard is the partnership formed between Zameen.com and The Pakistani Spectator.

As a popular news website, The Pakistani Spectator is known for thoroughly covering politics, entertainment and business news. By partnering up with Zameen.com, The Spectator will get concrete real estate reports prepared meticulously by the real estate experts deployed at Zameen.com.

The Pakistani Spectator works on strict guidelines to maintain its leading position in the online world. For this purpose, the domain includes several unique features and tutorials, which are based on readers’ interest and updated on regular basis. Addition of news reports about Pakistan’s real estate sector will only engrave the portal’s authenticity deeper in the minds of its existing and potential users.

Since real estate in Pakistan concerns millions of people in the country, giving a route to exclusive information that is archived and shared by Zameen.com means entertaining more readers. With these well crafted real estate reports prepared by the property analysts at Zameen.com, both the partners look forward to getting a wider audience and more coverage for Pakistan real estate.

Zameen.com is the only source in Pakistan that holds and maintains the record of different property projects all over Pakistan. The portal has been recording the market’s ups and downs since 2006 and knows the real estate sector inside out. This is the reason why the reports prepared by Zameen.com get the due coverage by the print and online news media. In addition to that, the investors, sellers and estate agents all over Pakistan also find Zameen.com indispensable for their strong online presence.

Zameen.com proudly introduces first of its kind, reports regarding the realty market of Pakistan, another successful endeavor in a long list of achievements.  What makes these reports so wholesome is that they are not just a general list of available property but a comprehensive real estate encyclopedia. From newbie to pro, these reports have become a real estate essential for everyone who knows the worth of Pakistan property. Let’s take a closer look on what these report covers.

Market Prices:

The major help meted out to the people through these reports is the carefully extracted information about all sorts of property items including agricultural land, apartments, houses, residential and commercial plots as well as farmhouses. The experts at Zameen.com study the performance of different localities and based on the data maintained by the portal, they offer their expert opinion regarding future trends, projected rates and dips and hikes of different properties. Also mentioned in the report are the statistics pertaining to the popularity and demand of plots and house in different housing societies of major cities. The reports prepared meticulously by real estate experts at Zameen.com give you complete and wide range information on the price quotation on all kinds of property in all the Provinces on all types of payment and requirement i.e. rent, sale , or purchase.

Expert property advice:

Zameen.com is the largest property portal of Pakistan and is used by a large number of people daily. The real estate experts and IT specialists at the portal work diligently to cater to the buying selling needs of the listed and non-listed members but again that’s not just what they do, they also offer expert opinion to guide the investors and general buyers about what can be the best purchase for them. With this, the portal has gone one step ahead and now furnishes reports with property advice and property predictions for every quarter.

Statistics and Evaluation Charts:

These reports have become realtor’s bible and investors’ reality guide because they are equipped with statistical comparisons of different properties. Not just a viz a viz between the most popular areas for sale and investment but also a complete evaluation of the property’s demand chart with respect to the previous quarter and current sales trend. This assessment helps people, be investors or onetime buyers, to know where to invest to get the best returns on their investment.

The report also includes evaluating charts and bar graphs to aid the reader in one glance about all the available property and price hike or slump. As if all these virtues were not enough to make the report generation an effort of its kind, these reports available for free both online and in print form for the investors, buyers, sellers, realtors and general readers!

There is hardly any need to explain the potential held by Pakistan real estate sector, which is promising enough to entice international investors for erecting the World’s tallest building here. Despite some unfavorable circumstances in the country, the situation of realty sector here holds a lot of merit.

The next major project in pipeline is a joint collaboration between Pakistan’s biggest business tycoon Malik Riaz and the U.S real estate Mogul Thomas Kramer. The project is the Bundal and Buddo Island Housing community. This real estate wonder to be created is another initiative belonging to the Bahria town family.

The American Realtor, Thomas Kramer, has been also responsible for totally revitalizing Miami’s south beach in the 1980’s. He would be providing for the first episode of the investment needed for the Bahria town’s Bandal and Buddo Island housing community. The investment is worth US $ 20 bn which will provide jobs to 2.5 million people in Pakistan.

Not just creating a large niche for accumulating a large number of educated engineers and laborers of the country, this spectacular and grand project boasts to have features like having the World’s largest shopping mall, a media city and massive medical facilities. The island will be connected with Pakistan’s mainland by a six lane highway.

The Bandal and Buddo Island, is expected five to ten years for completion and deliverance. The handing over of the housing will be initiated in 2016. Both the investors seem very positive and hopeful about this project’s absolute success. The chairman of Bahria Town said that the construction sector has played a key role in transforming the USA, Malaysia, Japan, Turkey and Germany into developed nations.  He hoped that Pakistan can become a developed nation by giving the due focus to construction.

The American counterpart also expressed his confidence in the people and economy of Pakistan. This milestone project offers a great chance for Pakistan earn solid recognition as one of the leading nations in the world.

March has been quite a happening month for Zameen.com as the portal has achieved several milestones in the last less than 30 days. As the largest and the most recognized property portal of Pakistan real estate, Zameen.com also attracted several international key players from online realty market, who bring along their experience and expertise of the respective niche. All of this and more happened during the month of March, making it so far the most happening month for the portal.

Zameen.com has also partnered up with known online classifiers including OLX, Mitula, and Trovit. By making this timely move, Zameen.com now connects Pakistan real estate market with the world’s top classified directories. The international investors and property tycoons in the world have been eyeing Pakistan real estate market for a long period of time and Zameen.com’s partnership with Trovit, Mitula and OLX has just made it possible for them to browse the extensive listings of properties in all major cities of Pakistan.

In addition to partnering up with known portals, Zameen.com is also working on common grounds with local press. Based on the precious data that the portal collected in last 5 years, Zameen.com prepares the real estate reports on property buying, selling and leasing trends, shifting demand and rates of property in different localities as well as comparison of real estate projects in different cities. Zameen.com is the only resource in this regard to have a record of how Pakistan real estate has performed in the past 5+ years.

Zameen.com also recently launched its Urdu version as well as the mobile website. Both of these attempts have helped the portal assist its widespread clientele in a more effective and practical manner. By far, Zameen.com is the only real estate portal of Pakistan to have a mobile as well as an Urdu website. For more comprehensive and pertinent services, stay connected with Zameen.com.

Zameen.com, the largest property portal of Pakistan, accompanies its users while they are on the go by launching its mobile version. With the launch of this efficient mobile website, Zameen.com can now be accessed by the users anytime they want to no matter where they are. The developers at the portal have ensured that the mobile website is well suited to meet the needs of Zameen.com’s increasing number of smartphone and internet savvy users.

According to independent search results, Pakistan is the region’s 5th biggest market for mobile phones and has over 120 million users spread across the country and this number  is rising. The mobile-tele-density in the country is 68.3% and a lot of these users are shifting to Smartphones for their diverse day to day needs. In addition to that, the number of internet users in Pakistan is also rising with current count of 30 million. It is also expected that Pakistan’s internet market will get 3G technologies this year. All of this combine to augment the fact that there couldn’t be a time better than now to launch Zameen.com’s mobile website.

The portal already holds the honour of being the pioneer mover to revolutionize online Pakistan real estate market and by launching a mobile version, Zameen.com once again becomes the first and by far the only portal to have a fully functional mobile website. Not only this mobile version is user friendly but also high tech and it enables the users to thoroughly browse the property listings for sale, purchase and rent. The users can search the property listings by specifying area, property type and price and also bookmark their favourite listings.

Zameen.com has delivered what it promised initially. The management of the portal believes that the process of facilitating the property buyers, sellers, tenants and investors in Pakistan is on going and a lot is to be done to make the property market here comparable with international realty markets.