Hello,
 
Given below are links to important news and views concerning Pakistan real estate sector. We will keep updating this brief regularly to keep the members (particularly expat Pakistanis) abreast of the happenings and this may help them make a quick decision to buy or sell a property in Pakistan.
 
The readers may like to access this brief by including it in 'My Yahoo' or through our website www.buraqmarketing.com
 
Best regards
Sadiq Baig
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All district, city and tehsil governments in Punjab have been directed not to register any housing scheme that does not fulfil basic conditions, including minimum requirement of 160 kanals, it has been learnt. A notification to this effect was recently issued by the Punjab government.
http://www.dawn.com/2005/05/07/nat14.htm
 
The Capital Development Authority (CDA) expects to earn billions of rupees from auction of commercial and residential plots in the metropolis."We have identified the plots to be auctioned. The schedule for the open auction will be decided shortly," a CDA official told �The News� Tuesday.
http://jang.com.pk/thenews/may2005-daily/04-05-2005/metro/i19.htm
 
The State Bank of Pakistan (SBP) has taken initiative for introducing mortgage insurance, title insurance and mortgage servicing to bolster housing finance of the commercial banks.
http://jang.com.pk/thenews/may2005-daily/04-05-2005/business/b1.htm
 
The Securities and Exchange Commission of Pakistan (SECP) registered 268 companies in April this year, 23 in the real estate development sector
http://www.dawn.com/2005/05/05/ebr9.htm
 
SHAH NAWAZ HUSAIN from Canada write on 'Real Estate Boom'
 
Why the real estate prices continue rising?
 
...despite the various incentives announced by the government for real estate sector, remained below expectations.
 
 


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