{"id":73491,"date":"2021-01-16T09:17:00","date_gmt":"2021-01-16T04:17:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=73491"},"modified":"2021-01-15T17:27:20","modified_gmt":"2021-01-15T12:27:20","slug":"increase-in-construction-firms-registrations","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/increase-in-construction-firms-registrations.html","title":{"rendered":"SECP reports increase in construction\/real estate firms\u2019 registrations"},"content":{"rendered":"\n<p>Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has revealed that 3,383 new construction and real estate firms have registered with the government during the going fiscal year, according to a news report published on January 14.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/how-zameen-transformed-face-real-estate-dealings-pakistan.html\" target=\"_blank\">How Zameen.com transformed the face of real estate dealings in Pakistan<\/a><\/p>\n\n\n\n<p>It was revealed that this number is 32% higher than the ones recorded in 2019. Reportedly, SECP registered 2,560 and 2,022 real estate\/construction firms in 2019 and 2018, respectively.<\/p>\n\n\n\n<p>The sources associated this healthy increase in registrations with the construction package announced by the government last year that boosted growth in low-risk industries. Following encouraging responses seen for the amnesty scheme, the government announced another extension on December 31, 2020.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/na-passes-islamabad-real-estate-bills-2020.html\" target=\"_blank\" rel=\"noreferrer noopener\">NA passes \u2018Islamabad Real Estate (Regulation &amp; Development), Rent Restriction Bills 2020\u2019<\/a><\/p>\n\n\n\n<p>Sustainable Development Policy Institute Executive Director Abid Qaiyum Suleri said that people \u2013during the coronavirus outbreak \u2013 found <a href=\"https:\/\/www.zameen.com\/news\/fbr-issues-sro-regulating-real-estate-transactions.html\" target=\"_blank\" rel=\"noreferrer noopener\">real estate<\/a> as a suitable investment alternative as compared to other sectors that were doing well during the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has revealed that 3,383 new construction and real estate firms have registered with the government during the going fiscal year, according to a news report published on January 14. Read: How Zameen.com transformed the face of real estate dealings in Pakistan It was revealed that this number is 32% higher than the ones recorded in 2019. Reportedly, SECP registered 2,560 and 2,022 real estate\/construction firms in 2019 and 2018, respectively. The sources associated this healthy increase in registrations with the construction package announced by the government last year that boosted growth in low-risk industries. Following encouraging responses seen for the amnesty scheme, the government announced another extension on December 31, 2020. Read: NA passes \u2018Islamabad Real Estate (Regulation &amp; Development), Rent Restriction Bills 2020\u2019 Sustainable Development Policy Institute Executive Director Abid Qaiyum Suleri said that people \u2013during the coronavirus outbreak \u2013 found real estate as a suitable investment alternative as compared to other sectors that were doing well during the pandemic.<\/p>\n","protected":false},"author":75,"featured_media":61188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[44943,26299],"persona":[],"class_list":{"0":"post-73491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-secp-reports-increase-in-construction-real-estate-firms-registrations","10":"tag-securities-and-exchange-commission-of-pakistan-secp","11":"cat-15016-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SECP reports increase in construction firms\u2019 registrations - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has revealed that 3,383 new construction and real estate firms have registered with\" \/>\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\/increase-in-construction-firms-registrations.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SECP reports increase in construction firms\u2019 registrations - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has revealed that 3,383 new construction and real estate firms have registered with\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/increase-in-construction-firms-registrations.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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