BY LAWS OF REAL ESTATE IN PAKISTAN INTRODUCTION LEGAL DEFINITION OF OWNERSHIP REAL ESTATE RELATED LAWS IN PAKISTAN The Transfer of Property Act, 1882 Land Revenue Act, 1967 Stamp Act 1899 Registration Act 1908 TYPES OF REAL ESTATE SALES OF REAL ESTATE IN PAKISTAN PURCHASE OF REAL ESTATE IN PAKISTAN RENTING OF REAL ESTATE IN PAKISTAN GIFT OF REAL ESTATE MORTGAGE...

How to Register Power of Attorney in Pakistan In Pakistan, a Power of Attorney, also known as a Mukhtar nama, is an important legal document that authorises someone to act on behalf of another, particularly when the affected parties are unable to attend legal hearings or handle affairs themselves. This document is very important since it allows for better representation in court hearings and other...

What Is The Difference Between Registration and Property Transfer in Pakistan? Real estate investments are generally viewed as the most profitable business in Pakistan. Property is one of the most important legal issues in Pakistan courts, where property cases are locked up due to a lack of property records and ambiguous legal procedures. In Pakistan, most people do not understand the...

Investing in Real Estate by Pakistanis Living Abroad Overseas Pakistanis contribute significantly to the national economy. Remittances paid by Pakistanis living abroad assist to stabilize the country's foreign currency reserves and encourage Foreign Direct Investment (FDI). There are around nine million Pakistanis living in various countries, with the majority residing in the Gulf area, including the...

ISLAMABAD: Prime Minister Khan has directed that issues relating to tourism be addressed on a priority basis. Prime Minister (PM) Imran Khan issued an order on Wednesday 15 September 2021 to the relevant authorities in the tourism department to resolve tourism-related problems as soon as possible in order to develop the industry further. PM Imran Khan directed the concerned departments to finalize and...

The Government Has Decided To Regularize Housing Societies In The City Islamabad: Administration of the Pakistan People's Party (PTI) has planned to regularize illegal housing societies. Housing societies in Islamabad's Zones II, IV, and V have been approved for registration by the Cabinet. Earlier last year, the federal Cabinet established a committee to review the Islamabad Master Plan. Second, on...

Three new airlines have applied for Civil Aviation Authority (CAA's) regular public transport permit (RPT) to begin flight operations in Pakistan Q-Airlines, Fly Jinnah and Jet Green are the three airlines that will begin domestic operations in the coming months. Also Read HEC Signs Digital Transformation Agreement with Microsoft   According to details, CAA has completed control of Q-Airlines...

The United Nations Development Program (UNDP) has joined hands with the Rawalpindi Metropolitan Corporation (RMC) to revamp the old city area of the garrison city. RMC in collaboration with UNDP has prepared the project concept (PC-I) for the urban regeneration project of historic areas of Rawalpindi. According to the PC-I , the project to uplift ancient areas of Rawalpindi including Sarafa Bazaar and...

The Khyber Pakhtunkhwa government has planned to set up at least 10 economic zones across the province in the next decade under the Industrial Policy, 2020.The provincial cabinet had approved the policy last month. PLANNED ECONOMIC ZONES According to the policy, the proposed zones include  Rashkai Special Economic Zone  Nowshera Economic Zone Extension . Government will set up more economic zones in...

PROPERTY INVESTMENT FOR OVERSEAS PAKISTANIS INTRODUCTION BASIC INVESTMENT TIPS FOR OVERSEAS PAKISTANIS LEGAL GUIDELINES FOR OVERSEAS PAKISTANIS INVESTING IN PAKISTAN LEGAL FORMALITIES CAN FOREIGNERS INVEST IN PROPERTY IN PAKISTAN? REQUIREMENTS FOR INVESTING IN REAL ESTATE IN PAKISTAN WHAT HAPPENS IF YOU DON'T COMPLY TO THE REQUIREMENTS...

INTRODUCTION Although, banking sector being quite dynamic in Pakistan. Moreover, consumers are making extensive use of different types of loans for various purposes, making use of mortgages or home loan service is still not as prevalent as other types of finances. People in Pakistan spend their lives in saving the money, in order to be able to buy their own house. Still, very few can manage to actually...

IMRAN KHAN Prime Minister Imran Khan on Thursday(7.JAN.2021) received briefings from the chief secretaries of Khyber Pakhtunkhwa, Sindh and  chairman of the Capital Development Authority (CDA). They briefed PM on various urban development projects. According to an official announcement by the PM Office, Mr Khan expressed the hope that the provincial governments would take greatest advantage of the...

RENTING VS BUYING A HOUSE INTRODUCTION Are you confused about renting vs buying a home?  Just so you know, there is no definitive answer to this age-old conundrum. Your decision should depend on your personal and financial situation. Along with the current market trends and economic situation. So, to put it simply, the answer to your renting vs buying problem is that ‘it depends.’ Like everything...

 Prime Minister Imran Khan on Friday (11.DEC.2020), said that tourism is exploding in Pakistan for the first time in history. Therefore, the need for eco-friendly policies has become more critical than ever before.  According to sources, the PM was addressing the launch ceremony of an eco-tourism agreement signed between the Khyber Pakhtunkhwa government, the World Bank, and Nestle Pakistan. During...

 A Guide To Real Estate Investment In 2021  Were you looking for investment opportunities? Here is a guide to real estate in Pakistan in 2021.  It is said that "The best investment on earth, is earth." INTRODUCTION Is the economy slowing down? Not if you keep watch on construction cranes working on multiple sites. The construction industry is in a boom. Real estate is one of the most...

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