The real estate market in Pakistan is going through some big changes as we move into 2025. These changes are affecting how people buy, sell, and invest in property. Let’s take a look at what’s happening and what it means for both local and overseas investors.
Key Development in the Real Estate Sector
Taxation Revisions & Proposals
- The FBR (Federal Board of Revenue) and real estate associations have talked several times about the drop in revenue from the real estate sector. They found that one of the main reasons for this is the high taxes.
- They are thinking about lowering the advance tax from 4% to 0.5%, but it hasn’t been put into effect yet.
- People who don’t file tax (non-filer) returns might soon be able to buy properties worth up to PKR 5 crore without any legal checks. Right now, this limit is only for properties up to PKR 1 crore.
Any questions, contact us on WhatsApp for prompt response.
Market Recovery Sign
- Lower interest rates have put more money flow into the market.
- The reduction in construction material costs like steel, cement, and bricks is a good sign for the market’s growth.
Overseas Investment
- Approximately 80% of property purchases are made by overseas buyers, showing how much they control the market.
- With lower interest rates, local investors are becoming more interested again.
Current Buying & Selling Trend
- Right now, sellers are being careful, often keeping their properties longer to get better offers.
- Recently, 1-kanal plots have been offered for up to PKR 2.15 crore, but the sellers are still holding back and not closing a deal for better opportunities.
- Increased buyer interest is evident, creating a competitive environment in areas like DHA, Bahria Town, and Bahria Orchard.
Opportunities for Investors
File Trending in DHA: File processing and property transactions have seen major improvements.
Flexible Payment Agreement: More buyers are now making deals with an initial payment of between PKR 5 lakh and PKR 20 lakh, and they have 2 to 3 months to complete the payment.
Potential Tax Revision: If taxation revisions are implemented, the market could grow a lot, making this a golden opportunity for both buyers and sellers.
Conclusion
At CDB Properties, we keep an eye on the market to give you the latest updates and helpful advice. Whether you want to buy, sell, or invest, our team is here to help you every step of the way. For more information and guidance, contact CDB Properties.
Contact: 03331115100
Contact: 03331115200
If you are visiting our website for the first time, you can make your very first deal with CDB Properties for free.
- No Commission
- No Service Charges
To avail this offer click on the below chat button
Check out our Social Media pages for the newest updates of properties
Rate Now, we’d love to hear your feedback on this article.
For Booking
Need to book or have a question? Let CDB Properties assist you. Submit your phone number for a call.
Leave a Reply