Friday, August 29, 2008
KARACHI - Most of the real estate dealers are claiming that it was the right time to make investment in the property as the prices are on the lowest and affordable side and there are strong chances of upsurge in prices at the end of this calendar year.
The real estate dealers said that the political situation is expected to improve in next two to three months that would encourage ... more
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Friday, August 29, 2008
KARACHI: Political uncertainty has hampered the real estate business as the prices of property have witnessed continuous decline during the past 3 months, real estate agents told Daily Times.
Prevailing political turmoil in the country has compelled the estate agents to search for new markets for real estate business, which declined by 20 to 30 percent during the last one month.
... more
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Friday, August 29, 2008
The Gulf emirate of Dubai has brought in new regulations concerning off-plan development.
In an attempt to provide better regulation, the emirate will now forbid any off-plan sales of unregistered property, Gulf News reports.
Henceforth, all such properties must be registered with the land department, something Abu Ali Malek Shroff, Chairman of Shefield Real Estate, sa ... more
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Friday, August 22, 2008
Pakistan is quite a part of the nearly global boom of the Real Estate market. The prices have been rising steadily for quite some time now. The property in prime locations of cities like Karachi, Lahore, and Islamabad is in high demand among both realtors and consumers. The prices of such properties are already reaching into the above million US dollars range. A simple one kanal house in a lo ... more
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Friday, August 22, 2008
Poland is one of the best European property markets despite the credit crunch and likely to experience rising demand, according to two new report.
'The biggest beneficiaries of the growing economy have been major Polish cities like Warsaw, Krakow, and Gdansk, and regional capital cities such as Szczecin and Rzeszow,' according to the Poland Market Performance Report published by P ... more
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Monday, August 11, 2008
ISLAMABAD - Chairman of Capital Development Authority (CDA) Kamran Lashari has announced to establish another industrial estate in sector I-17 of the federal capital.
Lashari made the pledge during a meeting with the executive body of Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday. Muhammad Ijaz Abbasi, President ICCI, Khalid Javed, former president of ICCI, and othe ... more
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Monday, August 11, 2008
Freddie Mac says 30-year fixed rate fell to 6.52% as the price of oil and gasoline fell this week.
NEW YORK (CNNMoney.com) -- Mortgage rates fell slightly this week according to a weekly report released Wednesday, as lower oil prices briefly ease fears of price inflation.
The Primary Mortgage Market Survey from mortgage finance company Freddie Mac said that rates of 30 ... more
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Wednesday, August 06, 2008
President Pervez Musharraf vowed to pull Pakistan out of the mire of political turbulence and extremism. He declared this at the balloting ceremony of 9,000 plots in Hawkesbay Scheme No. 42, a project of the Lyari Development Authority (LDA), held at Governor House on Saturday.
Governor Dr Ishratul Ebad, City Nazim Mustafa Kamal, Naib Nazim Nasreen Jalil, provincial ministers and ... more
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Monday, August 04, 2008
Sale of real estate in Pakistan
Sale of real estate in Pakistan normally takes place through a title document known as a Sale Deed, except in certain cases e.g. purchase of real estate in Defence Housing Authority (DHA) or in a housing society where sale deed is not executed for transfer of title in real estate and an allotment letter/transfer letter from the authority or the soci ... more
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Monday, August 04, 2008
LAHORE - The participants of the 1st Property Expo 2008 in collaboration with Nawa-i-Waqt have termed the final day as real success as lot of visitors turned up to have interaction with over 70 real estate giants especially from Dubai, Ajman and Pakistan.
Number of visitors got to know the way of working and achievements of international real estate developments.
The P ... more
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Sunday, August 03, 2008
June sales down 0.6%, but annual rate comes in well above economists' forecasts.
NEW YORK (CNNMoney.com) -- New home sales fell in June, the government said Friday, but the annual rate was stronger than economists expected.
The Census Bureau reported Friday that June sales of new single-family homes came in at a seasonally adjusted annual rate of 530,000, down 0.6% from ... more
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Friday, August 01, 2008
ISLAMABAD - The research study on “Women’s Land Rights” has recommended reforms and land redistribution with the intervention of government, as there is a need to ensure redistribution laws and policies are gender sensitive and target poor population.
The policy and research findings launched by Sustainable Development Policy Institute (SDPI) on Thursday has been jointly funded by A ... more
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