{"id":65461,"date":"2020-05-14T15:48:40","date_gmt":"2020-05-14T10:48:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65461"},"modified":"2020-05-14T15:48:43","modified_gmt":"2020-05-14T10:48:43","slug":"special-real-estate-investment-scheme-on-cards-for-overseas-pakistanis","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/special-real-estate-investment-scheme-on-cards-for-overseas-pakistanis.html","title":{"rendered":"Special real estate investment scheme on cards for overseas Pakistanis"},"content":{"rendered":"\n<p>Islamabad: In order to bolster the country\u2019s foreign exchange reserves, the government is considering to launch a special real estate investment scheme for Pakistanis residing across the globe, according to a publication (which quotes unnamed sources present in the prime minister\u2019s cabinet meeting held on April 28).<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/construction-relief-package-to-trigger-investment-pkr-60bn.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction industry relief package expected to trigger business activity worth PKR 60bn<\/a><\/p>\n\n\n\n<p>Reportedly, Khan shared his expectations with the meeting member of the government raising USD 15 billion by selling 100,00 state-owned properties located across the country to overseas Pakistanis.<\/p>\n\n\n\n<p>The main intention behind launching the scheme is to deal with the raising pressure on the economy due to the COVID-19 pandemic. These properties are expected to be offered at a price of USD 150,000 per plot, claimed the sources.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/construction-industry-relief-package-double-documented-economy.html\" target=\"_blank\" rel=\"noreferrer noopener\">Construction industry relief package to double documented economy\u2019s size: experts<\/a><\/p>\n\n\n\n<p>In order to proceed with the scheme, a land bank is being established. As per reports, the PM has directed various ministries and division to urgently identify unutilised government land in their respective control; to be included in the land bank so that a comprehensive policy can be timely formed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: In order to bolster the country\u2019s foreign exchange reserves, the government is considering to launch a special real estate investment scheme for Pakistanis residing across the globe, according to a publication (which quotes unnamed sources present in the prime minister\u2019s cabinet meeting held on April 28). Read: Construction industry relief package expected to trigger business activity worth PKR 60bn Reportedly, Khan shared his expectations with the meeting member of the government raising USD 15 billion by selling 100,00 state-owned properties located across the country to overseas Pakistanis. The main intention behind launching the scheme is to deal with the raising pressure on the economy due to the COVID-19 pandemic. These properties are expected to be offered at a price of USD 150,000 per plot, claimed the sources. Read: Construction industry relief package to double documented economy\u2019s size: experts In order to proceed with the scheme, a land bank is being established. As per reports, the PM has directed various ministries and division to urgently identify unutilised government land in their respective control; to be included in the land bank so that a comprehensive policy can be timely formed.<\/p>\n","protected":false},"author":18,"featured_media":63188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,15016],"tags":[29092,29091],"persona":[],"class_list":{"0":"post-65461","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-new-developments","9":"tag-real-estate-investment-scheme","10":"tag-special-real-estate-investment-scheme-for-overseas-pakistanis","11":"cat-15013-id","12":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Special real estate investment scheme on cards for overseas Pakistanis - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: In order to bolster the country\u2019s foreign exchange reserves, the government is considering to launch a special real estate investment scheme\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/special-real-estate-investment-scheme-on-cards-for-overseas-pakistanis.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Special real estate investment scheme on cards for overseas Pakistanis - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: In order to bolster the country\u2019s foreign exchange reserves, the government is considering to launch a special real estate investment scheme\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/special-real-estate-investment-scheme-on-cards-for-overseas-pakistanis.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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