{"id":90320,"date":"2022-11-29T12:04:36","date_gmt":"2022-11-29T07:04:36","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=90320"},"modified":"2022-11-29T12:05:22","modified_gmt":"2022-11-29T07:05:22","slug":"secp-registers-real-estate-companies-fy-22","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/secp-registers-real-estate-companies-fy-22.html","title":{"rendered":"SECP registers record-high real estate companies in FY-22"},"content":{"rendered":"\n<p>Lahore: The Securities and Exchange Commission of Pakistan (SECP) has registered a whopping 4,791 new real estate development and management firms during the current financial year (FY) 2021-22, news sources reported on November 29.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/tpl-reit-residential-community-korangi-creek.html\" data-type=\"post\" data-id=\"89875\" target=\"_blank\" rel=\"noreferrer noopener\">TPL REIT to build 40-acre residential community in Korangi Creek<\/a><\/p>\n\n\n\n<p>The number is higher than in any preceding year in the previous decade, suggesting rapid expansion in the <a href=\"https:\/\/www.zameen.com\/news\/pakistan-real-estate-representation-psx.html\" data-type=\"post\" data-id=\"87887\" target=\"_blank\" rel=\"noreferrer noopener\">construction and real estate industries.<\/a> The report also stated that 26,502 new firms were established during FY-22, representing a 4% increase over the previous year. As a result of this expansion, the total number of registered firms has reached 172,234.<\/p>\n\n\n\n<p>The report also highlighted the following number of new business entities that were registered over the same time period:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>3,760 information technology firms<\/li><li>3,534 trading firms<\/li><li>2,408 services-related forms<\/li><li>1,038 e-commerce companies<\/li><li>962 education-related companies<\/li><li>937 food and beverages<\/li><li>790 tourism companies<\/li><li>701 textile firms<\/li><li>671 marketing and advertising companies<\/li><\/ul>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/secp-cddg-portal-digital-asset-management.html\" data-type=\"post\" data-id=\"89667\" target=\"_blank\" rel=\"noreferrer noopener\">SECP launches CDDG portal for digital asset management<\/a><\/p>\n\n\n\n<p>In terms of SECP registration portal efficiency, over 99.4 % of firms were registered online, and over 23% were registered on the same day. Furthermore, 64% of firms were registered as private limited companies, 33% as sole proprietorships, and the remainder as public unlisted, not-for-profit groups, trade organizations, foreign corporations, or limited liability partnerships.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Securities and Exchange Commission of Pakistan (SECP) has registered a whopping 4,791 new real estate development and management firms during the current financial year (FY) 2021-22, news sources reported on November 29. Read: TPL REIT to build 40-acre residential community in Korangi Creek The number is higher than in any preceding year in the previous decade, suggesting rapid expansion in the construction and real estate industries. The report also stated that 26,502 new firms were established during FY-22, representing a 4% increase over the previous year. As a result of this expansion, the total number of registered firms has reached 172,234. The report also highlighted the following number of new business entities that were registered over the same time period: 3,760 information technology firms 3,534 trading firms 2,408 services-related forms 1,038 e-commerce companies 962 education-related companies 937 food and beverages 790 tourism companies 701 textile firms 671 marketing and advertising companies Read: SECP launches CDDG portal for digital asset management In terms of SECP registration portal efficiency, over 99.4 % of firms were registered online, and over 23% were registered on the same day. Furthermore, 64% of firms were registered as private limited companies, 33% as sole proprietorships,&hellip;<\/p>\n","protected":false},"author":84,"featured_media":63690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[55117,55116,55115],"persona":[],"class_list":{"0":"post-90320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-secp-asset-management-portal","9":"tag-secp-property-management","10":"tag-secp-registers-record-high-real-estate-companies-in-fy-22","11":"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 registers highest real estate companies in FY-22 - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Securities and Exchange Commission of Pakistan (SECP) has registered a whopping 4,791 new real estate development and management firms during\" \/>\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\/secp-registers-real-estate-companies-fy-22.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SECP registers highest real estate companies in FY-22 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Securities and Exchange Commission of Pakistan (SECP) has registered a whopping 4,791 new real estate development and management firms during\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/secp-registers-real-estate-companies-fy-22.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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