What’s in the ever-living fudge – one step is, eh, but this one has three different levels plus the added detriment of the world’s worst architectural details around it. Please have someone else tell me that you hate this as much as I do. I know it’s probably more interior design, but it’s so ugly.
How To Balance A Grey and Dark Blue Interior
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Dark blue shades present a fabulously high-end accompaniment to a trendy gray color scheme, whether in the living room, bedroom, or even the children’s rooms. That said, these two deep shades together can reverse the scale from soft and soothing to oppressively sober without the right balance to keep the aesthetics under control. The following two chic, modern home interiors, located in Moscow, hit this powerful color combination right. One home design absorbs breaks of playful texture to bring energy to the setting, along with atmospheric lighting schemes. Meanwhile, the other dominates the blue hue into inky blue-gray elements, surrounded by a light wood tone, classic panel molded walls and bright brass accents.
The theme of our first interior color study is a project that uses striped geometric panels to cut gray breaks between dark blue stripes. The change in texture effectively lightens and invigorates the shady aesthetic. A round carpet compensates for the sharp geometries and fuses dark blue accents with lighter shades of gray.
A striking blue bookcase makes an elegant inspiration for a deeply colored saturated decorative scheme like this. LED strips are installed to lighten the look, while decorative objects naturally break the large extension. A series of walnut cabinet fronts elegantly interrupts the color continuity and simplifies the abundance of eye-catching things.
The slate-gray fabric sofa freshly cuts between an ink art poster and a matching blue-gray area carpet.
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How To Balance A Grey and Dark Blue Interior
Luxury Beachfront Property In A Jungle Landscape
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A series of pavilions form this 1000 square meter beach property in Santa Teresa Beach, Costa Rica, expertly designed by architect Studio Saxe. Abundant tropical scenery integrates a jungle experience into the fragmented home, and beautifully frames the ocean view. A pioneer in sustainable tropical architecture, the project features passive systems that honor its stunningly green surroundings. Cross ventilation between the live programs also merges into a wonderful backyard project, rich in vegetation. In the home, interiors are developed under happily cooling white decorative patterns with earthy wood-tone accents. Retractable glass walls connect the interior living spaces with the jungle on its doorstep, so Mother Nature is only ever stepping away.
In this unique fragmented property project, separate pavilions contain the bedrooms, living spaces and service areas. The luxurious living room is freshly white, spacious free space. White sofas draw an L-shaped border around the living area, while a luxurious kitchen dining room occupies the rest of the volume.
4 poster beds furnish the bedrooms so that a curtain of curtains can be pulled around the beds to avoid any bugs that may get in through the open windows. In this graceful white series, a clean white sofa replaces the average bed end, and another seat is located in the transverse breeze between two windows. A driftwood table sets up a proper beach aesthetic.
The floor plan illustrates the division of volumes and the assigned use of each individual program. We can also see how the architecture interacts with the landscape, moving around established tall trees, and where new forest lines are implemented to protect, guide and define the exterior areas and elements of the home.
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Luxury Beachfront Property In A Jungle Landscape
DHA Lahore Real Estate Market Analysis May – June 2021
From time to time I emphasize that DHA Lahore real estate market is speculated by the introduction of Amnesty plan by the Pakistani government to raise taxes with more cash flow in this market whether it may be black money or ex-flats buying for their homes, who lost their businesses and jobs due to the Pandemic.
An amnesty plan gave this market a parabolic run, but theirs was also of real interest also from the emigrants and smart money prevented their money from this relentless inflation on a daily basis.
What needs to go up has to be a general phenomenon of almost every market, although it assures me that when the market often shows a very sharp position without any basic fundamental reason and general economic strength, it usually reverses to its previous year’s highs. Admittedly my opinion of the market often contradicts the general herd or real estate, because of being in Feeta.pk, I have always followed the principles of my mentor Captain Shahnawaz, who is to inform the client about the real situation of the market instead of trapping them in speculative behavior of the market.
Feeta.pk has always wanted to make well-informed decisions based on research and development on which we always consider many different issues that feed the real estate market, the very basic reason for Pakistan’s speculative behavior in the real estate market. the dollar index and we have been following a dollar index for many years and that is why our forecasts for DHA Lahore real estate market have always been targeted.
To see what the Dollar index predicts now.
Dollar Currency Index breaking
Well, the dollar favors the real estate market in Pakistan because what is the chart says it is a huge weakness in the dollar which means people would not like to hold the dollar and everything related to the dollar will appreciate whether it is about precious metals or real estate market but on the other hand, where will there be a stop?
Rising inflation and all economic factors make me curious that there is more counterproductive action coming to the real estate market, but there is only one disadvantage that I think buyers should consider, and that is not a further extension of an amnesty plan that presents a huge. risk if buying the highest market, so be very careful. Buy in less risky places like High Buildings ie Sixty6 Gulberg or LAHORE SMART CITY.
An artificially pumped market is often very risky because it fails badly and on the other hand natural growth remains longer and presents less risk for landfills.
So let’s understand what the difference is between natural growth and artificial growth.
Now let me explain the Golden Diagram for the general understanding of what impulse runs in any market and can bring sharp corrections at any time.
When you look at the chart, you clearly see that while gold had a healthy top behavior, suddenly by the end of 2007 an implosive move gained the appeal of major players around the world, so it went from almost $ 500 to almost $ 1900 in just 4 years. which is almost 3X and then after that sharp impulsive move Gold almost made a correction to $ 1000 in the next 5 years.
The common behavior of all markets is related to each other, but they only differ in time because some markets are unstable and they correct sharply, while others need time, but they are often similar in behavior.
I personally feel that Dha Lahore real estate market may not have seen the top yet, but it is very close and may take some time but the correction will come so the smart investor will always make smart decisions and be the only seller while everyone buys.
The secret to our success is the loyalty and trust we share with our investors, we win when you win.
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DHA Lahore Real Estate Market Analysis May – June 2021
How To Perfect The Black, White, Wood & Grey Palette
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Black, white, wooden & gray decor merge in peaceful perfection, as shown by this collection of five elegant interior projects. Against a fresh canvas of basic white and pale gray, a beautiful wooden tone becomes the prominent color in the scheme. The warm natural tone accentuates cooler goods in the arrangement, while powerful black moments give confidence to the mix. Changing the amounts of each tone within a room scheme transforms, and can completely change the character of space of light, vibrant and covered in pleasantness, to an intentionally dark and ultra-dramatic one. Stay with us as we study the perfect balance of white, wood, gray and black housing, bathrooms, bedrooms and luxury closets.
The strictly black kitchen peninsula splits between the kitchens and dining rooms. Two kitchen bar stools provide the breakfast in a matching satin black finish. Full high units perfectly contain the fridge freezer behind the elegant black and white kitchen, blending clean with the clear white surrounding wall.
Cool gray, black and white bedroom decor extends across a golden wooden tone floor. A black flat woven rug unfolds under the bed, while a designed chair pushes the accent out onto the laminate floor. Thin black bedside lamps protrude against a textured concrete statement wall that waves behind the headboard.
This 130-square-foot home has a lighter, uplifting combination of our outstanding shades. Living room decor is held to the pale end of the gray spectrum with a relaxed upholstered sofa and matching gray rug. Wooden tone square coffee table and contrasting black round coffee table combination nest in the middle.
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How To Perfect The Black, White, Wood & Grey Palette
- Published in #interior design, Designs by Style, grey, interior, Interior Decoration Ideas, Interior Design, International, minimalist, white, wood
Gulshan e Maymar – Key People Behind Maymar’s success
It takes decades to build and arrange any neighborhood. The same goes for Gulshan e Maymar of Karachi. In 1964, two engineering architects, Hafiz Sadiq Hussain and Syed Mazhar Ali from Karachi started working together and in 1966 they founded Maymar Consulting Engineers & Architects. Seven years later, they integrated the construction sector into their business and founded the Maymar Housing Services. Ltd. (MHSL) on July 7, 1973.
Between 1973 and 2000, MHSL built 300 bungalows, 1300 apartments in different parts of Karachi, completed 225 cheap apartments of Capital Development Authority Islamabad and 2 950 cheap apartments. He also completed the construction of houses in Mamyar Abad (Surjani Town).
In 1980, MHSL initially laid the Gulshan-e-Maymar foundation on 139 acres. Development work on the Gulshan-e-Maymar project was completed in 1985. Mr. Syed Mazhar Ali was elected senator of Karachi in 1985 and the plan was formally inaugurated in 1986 by the then President of Pakistan, General Muhammad Zia-ul-Haq.
Due to the popularity of this society in the city until 2000, its area was spread over an area of 1,000 acres.
In 1982, Mr. Hafiz Sadiq Hussain suddenly passed away. After his death, his family continued their business with Sir Syed Mazhar Ali. Mr. Syed Mazhar Ali also died in 2004 after a car accident near his home. On 31-08-2007, the two main families of Gulshan-e-Maymar sold all the assets of (MHSL) and completely separated from the project.
Mr. Hafiz Sadiq Hussain son of Muhammad Mazhar Hussain (1929 -1982) died at the age of 53, and Syed Mazhar Ali son of Syed Asghar Ali (1939 – 2004) died at the age of 65, were admirable personalities. Considering the affiliation of both dignitaries with Gulshan-e-Maymar, the bodies of these two gentlemen were buried in the park adjacent to “First Mosque of Gulshan-e-Maymar”, Central Jama Masjid of Sector X-6. From the beginning of the settlement to the end of their life, the two men, however, low the population rate, kept intact all the parks and all the basic amenities.
According to the social aspect, the most beautiful characteristic of the personalities of these gentlemen is, according to the decision of ten sectors and forty-six subsectors, that they did not divide the population into classes. But divided each area so that each section of the population could live their lives happily in a happy environment with full developmental harmony. In this regard, they provided mosques, central Eid Gah, wedding halls, pharmacies, petrol pumps, police stations, civil defense fire stations in various sectors for the availability of religious, cultural, legal orders and civic amenities to the residents. of Gulshan-e-Maymar, Family parks, playgrounds and rest houses were constantly included in the construction plan.
Gulshan-e-Maymar Housing Services Limited (MHSL) has had its central registers and commercial office in urban areas of Karachi since the beginning, but considering the concept of urban community system MHSL has renamed the regional office as “City Hall”. Considering the cultural, social and health aspects of the residents, separate clubs for men and women, indoor games, tennis courts, a swimming pool, a hall for events and a library were set up in the town hall. Later, the new president of MHSL, Mr. Abdul Rasheed (late) revived this closed library and paid tribute to the services of “Mr. Hafiz Sadiq Hussain” in relation to Gulshan-e-Maymar. The library was named “Sadiq Hussain Library”. Similarly, the road between Sector X-2 and X-3 behind the town hall is also named after “Mr. Hafiz Sadiq Hussain”.
The process of degradation in the quality of Gulshan-e-Maymar, begun after the death of Syed Mazhar Ali in 2004, continues with all its intensity.
During Abdul Rashid’s tenure, walls were built around the borders of Gulshan-e-Maymar, making it a walled project. Due to his personal will and efforts, an agreement was reached between Maymar and KESC (now k-electric) declaring Gulshan-e-Maymar as a load shedding free zone. In view of the deteriorating law enforcement situation of the city, he has taken special measure to ensure the safety and security of residents through coordination with Sindh Rangers and other private security companies.
It was the vision of Mr. Abdul Rashid that attracts many famous builders of the city to Gulshan-e-Maymar. Its policies have led Gulshan-e-Maymar to fame at the national and international level. Maymar’s business sector in particular has seen a massive boom due to its policies. He also emphasized the marketing of Gulshan-e-Maymar as a brand. Therefore, the Maymar logo has been changed to the current one.
Senator Syed Mazhar Ali (1939 – 2004)
He was an engineer, businessman, politician, educator and above all a philanthropist. His father, Major Syed Asghar Ali, served in the British Army Department. He obtained his degree in Civil Engineering from Karachi University (1958) in the first class.
He received a scholarship to Leigh University in the United States, from which he completed his MSc in Civil and Structural Engineering (1959-1961).
His construction plans included the construction of the Dhaka Intercontinental Hotel (East Pakistan).
He was also the president of the Association of Builders and Developers (ABAD). He was also the vice president of the National Housing Authority, Government of Pakistan.
He was also the Chairman of the Mobility and Tax Reform Commission of the Senate of Pakistan and introduced the IT system to improve tax collection.
He has also chaired Karachi’s Computer Training and Testing since 1997.
In 1998, he established the Karachi Institute of Information Technology (KIIT) in Gulshan-e-Maymar. He had a charming personality and will be remembered by all who had the honor of working with his warmth, honesty and sincerity.
After his death, when his financial affairs were closed, his family realized the extent of his silence by giving alms and helping the weak and needy.
He is survived by his wife, son and two daughters.
Abdul Rashid (1963 – 2020)
An experienced President with a proven track record of working in the construction industry. List of Negotiation, Business Planning, Internal Review, Analytical Skills and Asset Management. Strong professional development professional business with smart accounting focused on accounting, financing and management of The Smart Accounting Institute of Pakistan
May Allah grant Jannah to all these three personalities.
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Gulshan e Maymar – Key People Behind Maymar’s success
- Published in Gulshan-e-Maymar
Restful Interiors For The Minimalist Mindset
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Let us escape the quiet and comforting warm white decorative schemes of four interiors, each of which has peacefully reduced arrangements for the minimalist mindset. This is a happily serene collection of home tours that are carefully designed to provide a break from a moving environment and superabundant input. Even if only for a moment, consider a simple lifestyle with less – or at least less visual clutter. We will look at four open concept living spaces with quiet clutter control, in the form of clean-cut furniture arrangements. We will visit minimal bedrooms arranged to help with real rest and relaxation, and minimal bathrooms that will always look clean.
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Restful Interiors For The Minimalist Mindset
- Published in Designs by Style, House Tours, minimalist
40 Architecture Examples That Look So Bad, People Just Had To Shame Them
Some buildings will absolutely captivate you with their amazing projects, ingenious architectural decisions and the power of their aesthetics. This article, however, is not about such buildings. No! See, not all buildings are the same, and the “bad guys” should be publicly embarrassed so that others don’t copy their projects. So we will focus exclusively on simple terrifying architectural decisions.
Remember to vote for your favorite photos you love to hate and be sure to follow the arrogant Facebook group if you like their stuff. They are a growing community with awesome content.
Bored Panda talked about what separates good and bad design, the need to democratize access to strange projects on private property, and also the roles that architecture plays with an expert in Sweden’s field that has a background in urban planning. You will find our full interview with her below.
1. I Dunno, Slim Doesn’t Seem To Be Digging This Situation
2. This Pillar Was Straight Last Week. This Is The First Floor Of A Seven-Floor Building
3. I Do Not Give A Damn How Well It’s Cantilevered Or How Strong The Struts Are. I Do Not Have The Kind Of Luck It Would Take To Set Foot In This House
The Swedish planning expert with Bored Panda explained to Bored Panda that while public spaces must meet safety and accessibility standards, aesthetic standards can be much more fluid for buildings. The expert spoke to Bored Panda on the condition that she remain anonymous. (Remember, just because you’re an expert at something and want to help doesn’t mean you always like fame … as opposed to a weird architecture that just asks you to look at it!)
“Most often the elements of the built environment must be in harmony with each other and with the environment. However, sometimes something more daring and ready can form an attractive contrast, “she said. However, the urban planning expert shared with Bored Panda that, in her personal opinion, our built environments should engage us, as well as stimulate our minds and senses. In fact, she believes that the ability of architecture to make us think is one of its most powerful aspects.
4. The Cactus Is *chef’s Kiss
5 . This Is Not Photoshopped
6. That Gives Me Anxiety
“There are circumstances when architecture has to create a sense of calm and security, yet there are cases where it’s not bad if the architecture provokes us and makes us think, ‘Why don’t I like the look of this building?’ ”
The city planner said we need to give people the freedom to express themselves the way they want when it comes to designing their private property. As long as they have the resources, almost anything is allowed, in her opinion.
7 . Opera And Ballet Theatre Of Cheboksary (Russia)
8. A Friend Of Mine Cross-Posted This And It Made Me Think Of Y’all
9. I Might Like This If Those Were Slides
“Strange architecture comes from our innate desire to prove our uniqueness. However, not everyone who has the resources has a medium taste for aesthetics. However, if it’s for the people who live or use their private space, I mean why not? “she told Bored Panda that as long as you don’t actively harm anyone, no matter how bad your projects are, you have to be as unique as you want to be. Even if it lacks objective aesthetic standards.
10. Who Remembers Those Gerbil Enclosures That Look Like This?
11. This Looks Like A Place A Villain Would Live
12. I’ll Meet Your Brutalism, And Raise You This
However, the expert acknowledged that others in the industry may not see things the way she sees. Others, she said, believe private property should harmonize with the surroundings.
“But I don’t think we should cross that thin line where architecture becomes reserved only for the rich and for those with good taste ’(whoever decides that). I’m only talking about the private property here. When it comes to public space, there has to be a consensus between public and professional on the design, ”she said, as the rules for the private and public spheres are very different.
13. Um… What Is This?
14. Art Nouveau On Psychedelics
15. I Wonder Who Thought This Would Be A Good Idea
The town planning expert also had some design tips. “First, although I often advocate for unconventional-looking buildings, I do not purposely encourage provocative architecture. The building must be designed with the intention of housing and protecting society. It should create a sense of security but not be boring, ”she told Bored Panda that we need to balance uniqueness and service, expression and community.
16. “Sharkitecture”
17. Can We All Just Take A Moment And Acknowledge That Prince Produced Some Great Music, But He Lived In A Water Treatment Station
18. The “Snail House” In Bulgaria Actually Does Look Like A Snail
In addition, the expert from Sweden pointed out that accessibility, inclusiveness and empowerment should also be key features of any architectural project. “I also prefer somewhat complex but systematic projects. Minimalist and box floor plans are good in some cases when easy access is needed (e.g. hospitals) however they can be completely untrue while more complex floor plan plans are more stimulating (e.g., good for schools, in my opinion). ”
19. Toilet-Shaped House (Named Haewoojae), Built By Sim Jae-Duck, The Chairman Of The Organizing Committee Of The Inaugural General Assembly Of The World Toilet Association
20. Interesting Concept
21. A House I Used To Drive Past In A Little Iowa Town. All I Ever Heard From Locals Was That This Place Had A Terrible Leaking Problem When It Rained
At the time of writing, the ‘Here It Is, I Shaming Architecture’ community had 64.1k members. However, it is growing so fast that when you read this, dear Pandas, that number could be much, much higher. In the last week alone, the group has grown by more than 7.3 thousand members. And they have created more than a thousand posts in the last month.
22. They Drew The Line At A Fountain In The Kitchen
23. You Too Can Have Your Own White Castle
24. I Will Haunt Your Dreams! Residential Building In Belgium
Because of this rapid growth and the problems with it, the manager of the “Architecture Shaming” group, Oregon-based Matthew Brühn, addressed the community and the changes that took place in April. Basically, the rules are now much more structured.
25. I Think Syndrome From The Incredibles Lived Here
26. Bangkok’s Elephant Building. The Tusks Are A Bowling Alley In My Imagination
27. Why?
Matthew pointed out that the administrators were tired of the “massive influx of negativity,” which came with more and more members joining the community. While the manager expressed his admiration for how amazing many members are, he also noted that the group will start filtering out too aggressive posts.
28. Saw This On A Walk Today. A Table Lamp, In A Glass Box, Hanging From The Roof Of A Carport
29. This Is Plane Awesome
30. Spotted This Gem In Tel Aviv
“Don’t take it personally; we’re just trying to create an atmosphere where we can all have fun and be kind. Now is the equivalent of a small town of us all here now, so that will be harder, “Matthew pointed out. He added that mentions of politics and religion will be removed, while all potential new members will have to answer some questions before entering. at the end of the day leads to a friendlier and happier community that, we are sure, abound of you pandas will want to join.
31. Kind Of Reminds Me Of A Church (Granted, A Strange One) But It’s Actually A House With A 6,000 Sq. Ft. Garage… And Its Own Car Wash
32. Surrealist Neighborhood
33. Forbidden Waffle In Santiago
34. This Building Has My City In A Uproar
35. Please Don’t Take It Too Seriously, Just A Surprised House
36. This Place Is All Curb Appeal
37. The Glorious Flower Of Communist Brutalism That Is The Former Central Post Office In Skopje, Macedonia. Some People Want It Preserved
38. Just
39. I’ve Been Looking At Homes Trying To Get Ideas For When We Move In A Few Years And I Came Across A House That Was Perfect In Every Way Except One
40. Car Dealership Trying For More Of A Classy Look!
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architrcture, Lifestyle and Interior Design.
40 Architecture Examples That Look So Bad, People Just Had To Shame Them
- Published in 700-page, Architecture, bad architecture, bad design, blueprints, bp-exclusive, building plan, Design, design fails, designs that stand out for all the wrong reasons, Fails, Funny, good and bad design, Homepage featured, Pics, quirky architecture, shaming architecture, That's It I'm Architecture Shaming, weird buildings
Unique Home Interiors with Modern Wall Panelling
Three unique home interiors are the subject of our attention today. Unusual furniture design forms attractive spaces, while soft atmospheric lighting schemes evoke a welcoming glow. Pale gray basic decoration sets a serene canvas for small moments of luxurious marble and subtle modern arches. Elegant wall panels surround these interesting living spaces with a high-end finish, whether wood tone, texture or pure white aesthetics. We’ll take a look at a peaceful gray, white and wood grain interior, a home with warm burgundy and bright gold accents, and end up with a combo of cool blue and earthy brown infusions.
The first design in this chic modern series is an elegant white scheme with a whisper of gray and smooth wooden tone wall panels. Unique coffee tables bring the warm wood effect into the center of the layout, in addition to a textured gray carpet design. Unusual seating sits alongside a modern sofa dressed in comfortable upholstered accent cushions.
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Unique Home Interiors with Modern Wall Panelling
5 popular historical places in Multan
Multan is Pakistan’s seventh-largest city, famous for its historic location and beautiful architecture. Due to the abundance of cemeteries in the town, Multan is also known by the masses as the “City of Saints”.
Some historians suggest that the Multan was about 2000 years old and was the center of mysterious activity. This fact makes the city much more enjoyable.
If you are interested in exploring Pakistan’s various architectural designs and have historical tips, Multan is for you. Make sure to hire the right architect to ensure sound construction and design.
This blog provides a concise and informative list of places to visit in Multan.
So sit down and enjoy a virtual tour of Multan.
Tomb of Shah Rukn e Alam
The Tomb of Shah Rukn e Alam, also known as Shah Rukn-e-Alam, is one of Multan’s most famous Sufi saints. He was a Sufi who belonged to the Sufrawardi Sufi sect.
Every year, the sanctuary is visited by more than 100,000 pilgrims from around the world.
Former Foreign Minister Shah Mehmood Qureshi is the current servant of the Nashin Carpet and Shrine.
The tomb is in the center of Multan. It was built between 1320 and 1324 AD. Historians show that the cemetery was constructed by Gassedin Toorak, the ruler of Debarpur.
In the 1970s, the cemetery was restored by the Waqf department. The tomb was restored by Kashigar in Multan. The historic brown building, adorned with blue stones, is an example of ancient Mughal architecture.
Fort of Multan
Fort of Multan is an ancient landmark of South Asian defence and architecture. Some historians suggest that the castle was built between 800 and 1000 BC. The court was created by the Catouch dynasty but was severely destroyed by the British Empire during colonial rule.
The vast fort is a work of art. It has a vast wall 40-70 feet (21 meters) high and a circumference of 6,800 feet (2 km). The fort’s 46 fortresses had two towers on either side of each of the four gates.
Inside the fort are 30 towers, mosques, Hindu temples and palaces. The fort had eight gates, but over time four doors deteriorated, and the fort has only four entries.
- Qasim Gate
- Khatri Gate
- Sikhi Gate
- Hariri Gate
Ghanta Ghar, Multan
The famous Multan Clock Tower, also known as Ghanta Ghar, Multan is one of Multan’s main tourist attractions. It was built around 1884. British Indian Empire era. Construction of Ghanta Ghar’s construction began in February 1884 and took four years to build.
Interestingly, the foundation of Ghanta Ghar is based on the Haveli ruins of Ahmad Khan Sazai, which was destroyed during the siege of the Multan.
It used to be called Lipon Hall and Building, but it was called “Wing Hall” after independence. At first, the building was used for the purpose of office meetings and cultural programs.
If you want to see the hustle and bustle of the city, you need to visit Ghanta Ghar, Multan. Around Ghanta Ghar, there are small local shops selling traditional Murtani products such as Azirak and clay pottery.
Bibi Pak Daman Mausoleum
Bibi Pak Daman Mausoleum, well known as Bibi Rasti, was the mother of the famous Rukn E Alam. He is also a student of Bahaudin Zachariah and has done a lot of work to revive Islam in Multan.
She was buried near an ancient temple in Maitutra. The tomb has a rectangular shape and is heavily decorated with blue and white stones, which is Multan’s unique architectural style.
The eastern façade is decorated with a set of three arches above the double columns, providing access to a deep portico entrance with several tombs.
The tomb is in the middle of a thick fence on the wall. The tomb also has an arched entrance door.
Many people from Multan and the surrounding area come to pay tribute to the tomb.
Multan Arts Council
If you are an art lover and want to learn arts and crafts in different colors in Multan, then you must visit Multan Arts Council. The centre was established in 1975 and established in accordance with the legal provisions of the Punjab Arts Council (PUCAR) Lahore.
The centre is built on a large lot and consists of a room, an art gallery, a platform and a garden.
The council regularly holds art and performing arts exhibitions. The Majlis also organizes puppet shows, painting exhibitions, sculptures and other activities for the people of Multan and its surroundings.
Key events taking place at the Majlis include the 1st Sufism Festival, the Sadie Quarry Shezard Sculpture Exhibition, International Women’s Day 2009, the Japanese Calendar, Mela Rock, and Artistic Letters.
Every day, many pilgrims visit her shrine to pray from all over the country. These are some of the places worth visiting in Multan. If you want to see the true colors of Multan, you have to visit these places.
For more information on the real estate sector of the country, keep reading Feeta Blog.
5 popular historical places in Multan
- Published in ancient carriage, ancient chariot, Architectural Heritage, asian castles, asian history, castle, News
Things to consider before purchasing a property
When choosing a house, you must take into account the physical condition of the property to the legal aspects that will allow you to know if the home of your dreams compares to or is identified with your lodging needs and spending plan.
Purchasing a house or condo is speculation that ought not to be trifled with. For this reason, it is so necessary to take into account certain aspects before becoming the owner of your own house or apartment.
So here is the list of things that you should keep in mind before buying a property:
Be minimalist when choosing a home
The process of looking for a house is very exciting; it is easy to get carried away by the most significant properties, those with the best decoration, the best floors or the best furniture. Those shine a lot brighter than small properties with simpler finishes.
The fact of the matter is, you will pay more for that additional room and for the conveniences. The proposal is that you begin visiting houses with costs that are near what you have saved. If you prefer to see it differently, start from the bottom and work your way up in case you can’t find something that stands out or, as the properties meet your needs and fit your pocket.
When you start your search in reverse, that is, visiting and idealizing the largest and most luxurious houses, those that are often out of the budget of a first-time buyer, you run the risk of biasing against tiny houses or apartments. Your base of comparison will be that dream home that is not necessarily a good investment since buying it would mean a tremendous financial weight and not a step in the formation of your wealth.
Keep an eye on the mortgage you take
Buying a house or apartment through a mortgage loan is the best option, but paying it off before 15 years is ideal. Choosing to finance for a term of fewer than 30 years allows you to pay less interest in the financial institution. This is because the 15-year mortgage is not only much shorter (which means you will be paying more principal each month), but you will also have a lower interest rate.
Do not exceed 40% of your salary in the payment of a property.
This is a good rule of thumb for financial health when buying a home or apartment. The first thing you should consider is the monthly payments of your existing doubts; then, you will have to add the monthly payment of a mortgage with a term of 15 years. If the total adds up to more than 40% of your monthly salary, then you are risking living on a tightrope, financially speaking, so you will have to reconsider or discard the purchase of that property.
If you exceed that percentage, we suggest you continue saving to buy that property or try to find properties with a lower price. Do not forget that there are expenses when buying a house or apartment that you must pay on your own even when you are granted a mortgage loan, for example, the deeds, the payment of taxes, the fees of the notary public and the real estate agent.
Furnish with the basics
Unless you buy a semi-furnished or fully furnished property, you will have to spend a good amount of money to purchase basic furniture and appliances.
One of the first things you will discover in the first days you spend in your new home is that it can look a bit empty and austere. The temptation to fill it as soon as possible will be latent. However, it is best to cover those gaps with second-hand or cheaper furniture. That way, you will meet your needs instantly, and you can update them eventually.
Doing this little by little will protect your pocketbook. Of course, avoid buying furniture on credit so as not to increase your debts and, much less, risk your savings or your emergency fund.
It is essential that you buy a house for the right reasons.
It is expected that if you reach a certain age, get married or have your first child, family or friends begin to ask you when you will buy a house. Social Pressure can be solid, and the assumptions of others can impact your choices. Make sure that it really is a personal desire and that you live the circumstances that make you feel secure about that vital acquisition.
To become the owner of your own home, you need to be financially and emotionally ready. Not only can home provide you with security and a sense of accomplishment, but it can also help you be financially successful.
Payment methods
Define how much of what you have saved you can use, since banks or housing support institutions only lend on average up to 80% of the property’s value, so you must have that 20% previously to give the down payment and 5% more to cover the initial costs (appraisal, insurance, deeds, notary, the opening of credit, etc.).
The location
If you are going to invest in a property, look for you to have the communication channels or services that you require, such as education, health, shops, security, transportation, recreation and supply. Avoid risk areas! What’s the significance here, that the property isn’t under high voltage lines, gas tanks, underground pipelines, close to gorges or territories in danger of flooding?
Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.
Things to consider before purchasing a property
Impact of COVID-19 on Pakistan’s Real Estate
The COVID-19 pandemic is currently a truly global phenomenon, with more than 100 million people across the world staying home or trying to do so if their way of life allows them. The short-term human and economic impact have been undeniable since people who can wait to work at home have closed their offices, shops and production positions have also closed.
The level of economic uncertainty can be said to be at its highest point, with the trajectory of the recovery challenging to forecast. Although there has not been a joint response at the global level, individual countries are taking the necessary measures to cope with these challenging times.
Before the virus shook the world, the real estate sector in Pakistan had forecasted a significant growth of 4% during 2020; however, this forecast will be delayed.
In real estate, we can see that the contingency is accelerating some trends, while others may eventually reverse. At the digital level, the search for properties has decreased by 40% in the most critical portals around the world; however, in Pakistan, the drop has only been 34% from January to March, and in April, we see that it begins to stabilize.
Digital portals have become the primary sales channel and the first point of contact when a person is looking for a property for sale or rent. Although the purchase decision is being postponed for the moment, it is essential to note that it is not stopping.
Although the number of searches has decreased, those who perform them are willing to continue with the process. The total of people who are looking for a property and who have followed up with advertisers increased 19.2% in January, 18.2% in February, 16% in March and 17% in the first two weeks of April.
Regarding home income, the information that circulates is that approximately two out of every five contract renewals have been canceled, derived from the lack of work. The Ministry of Labor recorded the loss of roughly 350 thousand jobs since mid-March, and as the pandemic evolves, there is a risk of more layoffs.
The office rental market in Pakistan is also beginning to face a bleak outlook with an increase in the unemployment rate that could reach up to 5%.
Coworking offices are being hit the hardest by the initiative of many companies to make their workforce work from home, and the construction of corporate buildings will face a contraction, at least for the next few months, until the global economy stabilizes.
In addition, retail and shopping centers have also been forced to close. Indeed, their recovery will be slow and long-term since, in addition to the contingency, they face new sales models such as electronic commerce; this is one of the trends that accelerated during the contingency.
In these uncertain times, it is essential to note that although the volume of transactions has decreased, the sale and rental of properties have not stopped; The real estate sector is changing the way of doing business, but not its bottom line and digital tools are the best options to continue moving the market, which from past experiences, we know that once this situation passes, its recovery will be intense.
Factors such as the maintenance of interest rates and accessible terms for financing by banking institutions during the contingency, because it is predicted that these could increase once the situation has normalized and that the authorities have announced economic plans to revitalize the construction sector, they give certainty that the market is not going to stop.
Looking towards China
The nature of the challenge in the world economy forces us first to look at the effects of the coronavirus on the Chinese economy to try to analyze the potential impact on any business area across the globe. After 55 days of quarantine, China’s transportation came to a near-complete halt; hotel occupancy fell by more than 90%. Car sales plummeted 92%, although the number of actual transactions declined only 35% during the months of January and February. At the same time, 55% of residential projects began construction, and 77% of constructions reached completion during this period. Within the Chinese GDP, the real estate industry represents a sectorial weight of 14%. It is fair to say that despite the blockade, activity in this sector of the economy was able to remain low.
Future development of the local market
Undoubtedly, there is more concern about the behavior of the local market in the coming months. It is inevitable that the total stoppage of the tourism industry will have a negative impact on unemployment rates and that a higher level of uncertainty will slow down the first-home market. However, we must highlight the macroeconomic conditions that govern the real estate market to understand that it is only a transitory situation and that the local demand for housing will soon recover, driven by the shortage of supply, the increase in population, and the tourist industry to be recovered. Pakistan leads tourism worldwide. We have great faith in the ability of their companies and local authorities to adapt to new conditions., with the accumulated experience of more than 50 years of innovating in the leisure and travel industry internationally. In addition, it is categorical to understand the behavior of the population of an island towards the real estate market as a generator and guarantee of wealth. The culture and tradition of the inhabitants of Pakistan are to preserve the land that produces crops and to maintain the apartment or store that generates rental income, even if this means making an additional effort for a certain period of time.
A New Era for nature and the environment
This global wake-up call will transform many aspects of life, aspirations and our responsibility to the planet. Pakistan has dedicated, for many years, efforts to protect the environment locally, and its tourism companies, with a presence in many countries and with thousands of employees around the world, have made sustainability at the heart of their business. At the local level, we invest sustainably and responsibly in local actions and consumption. Pakistan has a bright future as a reference to support the local producer, who is now receiving the deserved interest from the country’s population and visitors who appreciate the nature of Pakistan and wish to protect it. This global shift towards health, responsible consumption, and environmental protection will positively affect the Pakistan real estate market. It will become an increasingly determining factor in new projects that already have energy savings and the responsible use of construction materials among their priorities.
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Impact of COVID-19 on Pakistan’s Real Estate
Graphic Designers Show What 6 Asian Castles Looked Like Before Falling Into Ruins
You definitely want to travel before this point, so the best we can do is offer you a way to discover something new and exciting without leaving your home. This time it is the largest and most populous continent, Asia, with its 45 million square kilometers of deserts, mountains, plateaus, plains and jungles that carry the history of ancient civilizations. Budget Direct has decided to digitally rebuild 6 castles that have become ruins over the years across five countries in Asia. The architectural wonders of Asia restore their former glory right before our eyes.
This is the newest project in the series of reconstructions by Budget Direct: the team has previously revived European castles, Ancient Wonders and UNESCO-protected heritage sites.
“In 2020, millions of people around the world will be stuck at home, and even in 2021, there are many travel restrictions still in place. To support those looking for inspiration on a travel chair, Budget Direct has decided to bring back some of the most awesome castles from all over Asia. The team started by making a long list of castles in Asia and then limited these to those that had resources available for us to digitally readjust.
They then chose the castles with the most architectural marvel from across the continent to rebuild. The team has been working with researchers, architects and digital designers to bring these ancient castles into the 21st century. ”
So sit back, relax, and start the virtual journey! And hopefully, you’ll find out something new along the way today.
Alamut Castle, Alamut Valley, Iran
In 1090, Imam Hassan-i Sabbāh allegedly conquered the castle without shedding a drop of blood. The new state secured its power through targeted attacks on enemy leaders. Those who carried out these attacks were contemptuously called “Hashashin” (“tumultuous grass”), thus giving birth to the word “Assassin”. Ironically, Alamut’s fame caused its demise; its various conquerors demolished the castle while searching for a legendary assassin.
Alamut Rock is a popular day trek that offers a lookup view of the surrounding country. However, not much remains of Alamut Castle itself; its few surviving stone clouds are covered in scaffolding while the Iranian government tries to partially restore it for tourists.
The Old Summer Palace, Beijing, China
Yuanming Yuan – known in the Western World as the Old Summer Palace – was not a single building but a 3.5 square kilometer complex of palaces, lakes, gardens, towers and sculptures. The pride of the Qing dynasty, Yuanming Yuan, was largely destroyed by British and French troops in retaliation for the death of a British envoy during the Second Opium War. Further destruction occurred during the Boxer Rebellion and the Cultural Revolution.
We chose here to rebuild Haiyantang from the Yuanming Yuan (The Palace of Calm Seas). In front of a two-story Western-style palace, a water clock surrounded the 12 animals of the Chinese Zodiac. Today, the Martian ornament of the fountain sits within the contour of its former depression, backed by a spaced view of fallen palace columns.
Hagi Castle, Hagi, Japan
The Mōri Samurai clan lost to Tokugawa in the Battle of Sekigahara, and as a result, had to rebuild their capital in the small seaside town of Hagi. The Mōri got their revenge, however. The castle became the capital of the Chōshū Domain, which was instrumental in the final overthrow of the Tokugawa Shogunate. Ironically, the castle was dismantled by the new government in 1874 as part of a policy of centralization and modernization.
Hagi was very awesome at the time. Multiple galleries and walls protect the surrounding land, many of which are still visible. The main wooden fort has been dismantled, but its stone base and part of its moat stand. Higher up the mountain, the remains of a reserve fort can be found.
Ghazni Citadel, Ghazni, Afghanistan
The former slave Sebüktigin received the governorship of Ghazni in 977, but he promptly rebelled against his ruling Iranian rulers to found the Ghazni Empire. Ghazni became the war point of Afghanistan, sought after by the VIP conquerors from the history of Timur (Tamerlane) to the Mongols. When the citadel was famously conquered by the British in 1839, Afghan leadership had to flee Kabul. It was also used as a U.S. military base after 2001.
The remains of the citadel rest on a central hill above the walled city. However, neglect, war and weather severely damaged Ghazni. 14 of its original 32 towers have collapsed, one recently as 2019. Today, Ghazni’s walls, towers and citadel are in danger of being lost permanently to the weather winds.
Raigad Fort, Raigad, Maharashtra, India
Although parts of the structure date from 1030 AD, the already imposing fortifications of Raigad were expanded by Shivaji Maharaj. Shivaji was crowned Chhatrapati (“Umbrella Lord”) here in 1674, establishing the Marathan Confederacy as opposed to the Mughal Empire. The Confederacy ruled Raigad until its destruction by the British East India Company in 1818.
The main entrance to the castle is 820 meters above sea level – a climb of 1737 steps. (Luckily now there is an aerial tramway.) Visitors can still look at the remains of two of the three watchtowers, several reservoirs, stone trading booths and a famous wall called Hirakani Buruj.
Takeda Castle, Asago, Hyogo, Japan
Takeda was built in the 15th century by “the Red Monaco” – a man partly responsible for plunging Japan into the century of chaos known as the Sengoku period. The fort was later conquered by Toyotomi Hideyoshi during a reunion. After Hideyoshi’s death, the new shogun Tokugawa Ieyasu accused the final lord of the castle of arson during a pivotal battle. From here Takeda decayed.
Today the ruins of the castle sit 353 meters above sea level. Although no buildings remain standing on the mountain itself, a row of temples has survived at the base. The stone foundations of the castle are well preserved, having undergone minor restorations in the late twentieth century. Due to a seasonal fog that fills the valley, some mornings Takeda seems to float above the clouds.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architrcture, Lifestyle and Interior Design.
Graphic Designers Show What 6 Asian Castles Looked Like Before Falling Into Ruins
- Published in Architectural Heritage, architectural wonders, Architecture, Asia, asian castles, asian history, Budget Direct, castles in asia, castles reconstructed, culture, digital art, full-page, Graphic Design, heritage, History, Homepage featured, ruined castles rebuilt, ruined castles restored, ruined catles, travel, travel destinations, travel destinations in asia
Top Ways To Earn Money Through Real Estate Investment
Today we are going to discuss some of the best tips for investing in real estate that will help you earn nice money against your real estate investment.
Strategies for raising money in real estate
The real estate sector is undoubtedly one of the most lucrative investment sectors of Pakistan. At the same time investing your capital in the real estate sector can be a daunting experience as there is risk and fear associated with the real estate business. The risk of possible fraud in real estate is very high. Investors can lose their hard-earned money if the project turned out to be a scam or illegal. Many people have in their minds the myth that they have to be billionaires to invest in real estate. However, this is not in all conditions. You just need to be smart enough to identify the opportunity for a lucrative deal.
Some of the most commonly used ways to raise money in real estate are:
- Renting your property
- Investing in home renovation
- Holiday rentals
- Renting office space
- Renting a part
- Investing in Commercial Real Estate
Let’s discuss each of them in detail.
Renting your property
Renting income is one of the most popular ways to make money in real estate. Some investors are building houses for rent. Not only does it generate a steady stream of income, but the property itself appreciates its value over time.
If you are looking to buy a property to rent it later, make sure the property you choose to buy is located in a well-connected and popular neighborhood. However, if you are interested in building a home from scratch to rent it out later, you need to consider the trendy features that will help you attract potential tenants.
Investing in home renovation
House investing is another way to make money in real estate. By launch, we mean when a real estate investor buys a damaged or dilapidated property that needs major maintenance or complete renovation. Investors usually renovate it or fix major problems to sell it at a profitable price.
If you choose this option, remember that you have to be very fast in this process. Because, if the property is on the market for a longer duration, it has started to lose its value. We recommend that you do not require more than one year in general repair and resale.
In addition, you need to make sure that the chosen property is located in a popular neighborhood. If you’re investing in old real estate, you can completely change its perspective by typing a little bit, but location matters most. Location is the key to getting a good profit against your property.
Places of vacuum
Providing your furnished house for vacation rentals is one of the best options for raising money through property.
Wondering what holiday rentals mean? it means accommodation, which is an alternative to hotel stay for tourists and visitors.
Many tourists prefer to stay in apartments than a hotel stay to avoid a busy urban life. So that they can spend their free time in peace. You can make this option a steady stream of income.
Coworking office space
Collaborative office space is another much less talked about way to make money in real estate. The trend of investing in commercial real estate with the rental of it grows over time. You can either choose to rent the entire office or rent corporate space to freelancers or contractors who need workspace but are unable to afford the entire office.
Him portion
Renting a share is a very common way to generate income with your property. Investors usually distribute their property in installments and rent them separately, this will multiply their rental income. Not only investors, but many residents also follow this practice, because while they live on the ground floor, they usually rent the first floor to produce a steady income.
Investment in commercial real estate
Investing in commercial real estate is definitely the best choice in real estate. You need to not only focus on investment property but always look for good deals on property development. This allows you to earn through improvement or earn a profit by selling it later at a nice price.
Concluding today’s blog, these are some of the most common and lucrative real estate investment choices we have collected for you. We hope this information will help you make a wise decision to make money against your real estate investment.
Stay tuned to Feeta Blog to learn more about architecture, Lifestyle and Interior Design.
Top Ways To Earn Money Through Real Estate Investment
ML-1 CPEC: Gwadar Linked to GGC & Pakistan’s Property Business
CPT President Lt Gen (r) Asim Saleem Bajwa showed opportunities for improved connectivity under CPEC between Gwadar and the rest of the country. He said Gwadar will be connected to the rest of the country by a railway line, after completing Main Line-1 (ML-1), to take advantage of CPEC benefits. This improved connectivity also changes the socio-economic destiny of the country.
ML-1 CPEC & Railway Line – Detailed Overview
Asim Saleem Bajwa, President of CPEC Authority Lt Gen (retired), expressed interest in the establishment of several companies in the Gwadar Free Zone, of the Gulf region.
“The free area of the city, which covers 2400 hectares, has been extensively developed, not only for Chinese and local investors but also for the Gulf Zone,” he said in an interview with a YouTube channel.
He said the city and the port have made a lot of progress and recently. “we started building Gwadar airport with the help of the government of China, which gave $ 230 million for the project, ” he added. Regarding the proposed Gwadar Oil City, he stated that an area allocated for oil refining and oil storage is about 30 km away from the city near Pasni.
The president suggested that the port of Gwadar will run trains to the rest of the country after the completion of the railway upgrade program of Main Line 1 (ML-1). “To connect the port city to the rest of Pakistan and beyond, a new railway will be initiated from Quetta to Gwadar, ” says Bajwa.
Local details
Karachi to Peshawar via Hyderabad, Nawabshah, Rohri, Rahimyar Khan, Bahawalpur, Khanewal, Sahiwal, Lahore, Gujranwala, Rawalpindi, Peshawar.
Scope of the project:
- The whole road from Karachi to Peshawar was doubled
- Speed increase from 65/110 km / h to 160 km / h
- Freight train for 120 km / h service
- Computer-based signaling and control system
- Division of grade to ensure train safety
Budgeting And Completion Of The Project
Bajwa, also Special Assistant to the Prime Minister for Information and Broadcasting, learned that CPEC’s largest project ever was ML-1.
Govt focused entirely on the growth and advancement of Balochistan to the western CPEC route.
He identifies the $ 6.8 billion project as historic for logistics infrastructure in Pakistan, as each company will benefit as it deals with the freight traffic by railways.
“Each preparatory phase is completed and its calculation assessment carried out, and estimates are analyzed.”
In addition, he said the ML-1 project will bring a revolution from Karachi to Peshawar in passenger transport as travel time from Lahore to Karachi is reduced to only eight hours.
The ML-1 project, which runs from seven to nine years, was a big initiative, Bajwa said.
He added, however, that many of the CPEC projects had been completed earlier, so this project could be completed even before the deadline is set.
Establishment of CPEC Authority
When asked if a CPEC authority can be created, the president said the government has realized that the scope of the CPEC project has not been extended, and he wanted to set up the authority to ensure all operations are completed at the same time.
Because too many ministries, agencies, provinces and departments have invested in the mega project, a platform to give international investors a window was very necessary. The President said another question: “Basically CPEC focuses more on the execution of programs, but also on the preparation, tracking and evaluation of projects. “
Bajwa posed another question: “We are at the height of our interaction with the Government of China and are aiming for a project for the CPEC of the second step.”
He told the government that the growth of Balochistan is the goal of attention and progress is rapidly going in the west direction of the CPEC project.
Islamabad Highway To DI Khan
He told Islamabad to DI about the highway. At the CPEC Joint Coordinating Committee meeting next month, Khan was close to fulfilling DI Khan’s project to Zhob for approval.
Likewise, he says the road project has already been launched by Zhob al Quetta, the capital has been allocated and the land purchased.
He claimed that in Azad Kashmir the government had just completed two hydropower projects, Azad Pattan (701 MW) and Kohala hydropower project (1120 MW).
Field Of Real Estate Business In Gwadar
With the CP-ML-1 project, the investment opportunities in Gwadar will increase. One of the most profitable and ongoing projects in Gwadar Golf City. The construction and development of ML-1 will accelerate the real estate developments in Pakistan in general.
Gwadar Golf City is the most developed project in developing Port City and the rapid growth is the most attractive aspect. Gwadar Golf City has reached the development status within a short period of 8 months, which speaks to the loud experience of BSM Developers. The true beauty of construction can be experienced by visiting the place where the wonderfully wide road network spreads.
Although the newly launched 5 Marla Plots in Pak-China Enclave are under construction yet available with plot numbers and they can be selected from the map of interested buyers.
Investing In Best Deals Of Gwadar Gulf City: BSM Developers Project
Strategically located on the serene shores of the Arabian Sea, Gwadar Golfurbo is the idea of Mr. Bilal Bashir Malik, who comes from one of the most prominent and famous business families in Pakistan. Carrying the legacy of his ancestor Malik Riaz to immense heights, Mr. Bilal Bashir Malik believes in expanding their footprint across the area with this luxury venture and giving Gwadar the true substance of being a global city.
This project by BSM Developers Gwadar Golf City offers high-tech amenities combined with a neatly designed infrastructure and an exceptional modern lifestyle. In a state-of-the-art housing plan, Gwadar Golf City is essentially a Golf Home, the flagship of individual comfort, style and extravagance. The project offers huge investment opportunities for commercial and 10 sea housing.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architrcture, Lifestyle and Interior Design.
ML-1 CPEC: Gwadar Linked to GGC & Pakistan’s Property Business
Creating Home Hotspots With Red Accent Decor
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Whatever feelings or belief system you may have around the color red, whether it’s passion, strength, energy, or even luck, red is definitely a powerful power when it comes to interior design. Because of its intensity, red is more manageable in smaller quantities, as are chamber elements that are more accentuated than dominant. Using too much of this strong shade can easily accomplish a pattern, but with more focused bursts, this color can be used to zoning and intensify areas within a room or open plan. That said, here are three inspiring home interiors that use bold red accents to create warmth within white modern home interiors.
Our first home is an apartment designed for a young professional female homeowner, located in Moscow, Russia. A modular sofa is marked as the first hot spot in this arrangement by a red hit at the backrest, and more subtly by interlaced sections in the upholstery. The spaced red accents make the predominantly white home interior look bright and comfortable.
The graduated metal cube forms the main focus of the combo dining room. The unusual volume contains a vestibule dressing room, along with some long-term storage. Contrary to the rest of the contemporary interior, a classic baroque gilded frame was used to display artwork by Italian pop artist Slasky, whose work transcends tradition and modernism.
Bold art by Carsten Beck brings self-confidence energy to the modern dining room. A large globe dining room lamp completes the striking abstract composition.
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Creating Home Hotspots With Red Accent Decor
- Published in Decoration, home, Home Decor, house, house decoration, house design, interior, Interior Decoration Ideas, Interior Design, interiors, International, red
DHA Rahbar Vs. Bahria Orchard Lahore – Where To Invest
When it comes to buying property in Lahore, the Defense Housing Authority (DHA) and Bahria Town remain two of the most common residential companies among residents.
Both areas have spectacular projects, state-of-the-art facilities and a protected climate. However, due to their construction status, house prices in some places within DHA and Bahria Town can be a bit high.
However, if you are looking for fairly cheap real estate in some of these cities, DHA Rahbar and Bahria Orchard might be your best bets.
Location of Bahria Orchard & DHA Rahbar
DHA Rahbar
This housing plan is located on the main Defense Road in Lahore and enjoys proximity to Raiwind Road and Ferozepur Road. The South Loop II of Lahore Ring Road is also conveniently accessible by DHA Rahbar, which ensures that public transport is readily available in the city, and is also surrounded by various communal dwellings, such as the Valencia Housing Society, haajaban -Amin, the Society on Housing of the National Police Foundation and the King Edward Medical Housing Society.
Bahria Orchard
La Bahria Orchard a residential association is located along the Raiwind Path. Thanks to its aesthetically appealing landscape, playgrounds, parks and protected green areas, this beautifully designed residential scheme is sometimes called a luxurious landscape. It also offers safe, basic facilities and transport connectivity to its citizens on a daily basis – all necessary for a quality and healthier lifestyle.
Phases Of Bahria Orchard & DHA Rahbar
DHA Rahbar
DHA Rahbar consists of 5 phases. Infrastructure work is being done in the first four steps of DHA Rahbar. The possession of plots in many of its regions has also been confirmed. DHA Rahbar Phase 2 consists of various blocks named after letter sets, i.e. Block F, Block G, Block H, Block J, Block K, Block L, Block M, Block N and Block P. Several residential and commercial buildings are under development. In addition, there are also families living in phase 1 and phase 2 of DHA Rahbar Lahore.
Bahria Orchard
Bahria Orchard is planned in 4 Phases, however. Furthermore, these phases include various blocks in them.
Plot Prices in Bahria Orchard & DHA Rahbar
DHA Rahbar
If you are looking to buy plots, the 5 Marla plots for sale in DHA Rahbar, Lahore, will cost around PKR 49.44 Lakh on average. By comparison, the average selling price of 10 Marla houses in DHA Rahbar is PKR 97.85 Lakh. A 1-channel plot in DHA Rahbar has valued at PKR 1.74 crore.
As for the purchase of prefabricated homes, the 5 Marla houses for sale in DHA Rahbar, Lahore, cost on average around Rs 1.2 crore. The 10 Marla house at DHA Rahbar has valued at PKR 2.36 crore. If you are looking to buy a bigger house, the average price of 1 channel house in DHA Rahbar is PKR 4.3 crore.
Bahria Orchard
The tax on 5 marl plots for sale in Bahria Orchard is an estimated 25.53 lakh. You can buy 10 marl plots in Bahria Orchard for an estimated price of 57.32 lakh. The average price of 1 channel plot in Bahria Orchard is PKR 1.09 crore.
You can buy a 5 sea house in the Bahria Orchard for an estimated price of 64.83 lakh. 10 Marla houses in Bahria Orchard have an average price of Rs 1.88 crore. On the other hand, 1 Canal houses for sale in Bahria Orchard cost an average of Rs 1.99 crore.
Summarizing It
If you are looking to invest in DHA Rahbar or buy real estate in Bahria Orchard, make sure you know the basics of real estate in Pakistan. This guide, devised by our professional writers and researcher on land sales and delivery, may also help in this regard.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
DHA Rahbar Vs. Bahria Orchard Lahore – Where To Invest
- Published in News, News & Updates, Real Estate, Real Estate Guide, real estate sector
Park View City Lahore Launches Overseas Block
After successfully delivering the previous blocks, Vision Group has come up with a new mega block designed for Overseas Pakistanis in their high quality housing project “Park View City Lahore”. The project was formerly called “Park View Villas”, however, it has now been renamed Park View City. The Overseas Block is now open for booking and different sizes of accommodation are offered with easy installments.
Park View City is ideally located on main Multan Road at about 3 KM from Thokar Niaz Baig. It is located right opposite DHA EME Sector as can be seen on the local map given below:
The company has easy access to M-2 Highway and GT Road, and it has convenient access to Ring Road, which connects it with all major areas of Lahore including DHA and Airport.
You can check out the existing map view of Park View City Lahore below:
Park View City is an LDA Approved Housing Scheme and has already acquired the land for Overseas Block. Existing blocks in Park View City are fully developed, where properties have been given to owners. A large number of families are already living and enjoying the most modern amenities provided by Vision Group.
You can watch the introductory video of Park View Lahore below:
Park View City Overseas Block is planned to have the highest standards of infrastructure and amenities, making it the most desirable address in Lahore.
Some of the amenities offered by Park View City Lahore as given below:
- Secure Entrance Community
- Ecological Environment
- Educational Facilities
- Wide Carpeted Roads and Street Network
- Diligent Business Zones
- Modern Shopping Malls
- Modern Health Facilities
- Community center
- Uninterrupted Services
- Backup Power Generation
- Parks and Play Areas
- Trained Security Staff
Currently, the society has launched a limited number of 5 marl, 10 marl and 1 canal residential plots in Park View City Overseas Block. Reservations start from just a 10% down payment followed by a 10% confirmation fee after 30 days. Remaining amount is payable in 2 years by monthly or quarterly fees.
The following are pre-launch housing prices and payment plans:
Please note that we currently offer pre-launch prices as shown above, however official prices have already been revised once. Another price increase is expected in March 2021, so you can take advantage of this short-term opportunity to make a quick profit.
Park View City Lahore Launches Overseas Block
Rs30bn subsidy announced for Naya Pakistan Housing Project
Naya Pakistan Housing Project
ISLAMABAD: The government has announced a special package for the construction sector which includes an amnesty plan, tax-free exceptions and a grant of Rs30 billion for the Pakistan Naya Housing Project, according to the Pakistan Economic Survey (PES) 2019-20.
The movement also expects other industries associated with the construction sector and will generate employment in the country.
Additionally, a stimulus package was also introduced to stimulate the country’s successful economy Covid-19.
According to the package, export-oriented industries would receive a tax refund worth Rs 100 billion and their interest payments will be delayed.
The government is giving a series of subsidies and incentives to the industrial sector, the survey noted.
These include subsidies to the industry for electricity and gas and an export development package.
Additionally, the Economic Coordination Committee (ECC) has approved a package of Rs 50.7 billion to give indirect cash flow support to the small and medium enterprises (SMEs) through prepaid electricity bills for the period May-July 2020.
This package will benefit about 3.5 million small businesses.
Rs30bn subsidy announced for Naya Pakistan Housing Project
- Published in ECONOMY, HEADLINES, Naya Pakistan Housing Authority, Real Estate, subsidy
Property Tax in Pakistan 2020: Latest Updates and Criteria
Less than 1% of Pakistanis pay property tax. This is a bad and risky statistic for a country’s economic well-being.
Most residents in Pakistan do not pay taxes. In return, this weakens our financial and economic situation. There is not enough money for the government to pay for roads, hospitals, education and defense.
In addition, the state needs to rely on foreign sources to raise revenue due to the lack of taxation. This involves loans from other countries and large-scale banks.
Property Tax In Pakistan 2020 – Important Details
You need to have details about the size of the lot and how to know it correctly if you are measuring the tax on your home.
This blog should remove all confusion related to properties in Pakistan 2020.
What is a Property Tax?
In the type of money the owner would pay, the property tax is the amount. The government is collecting the bill. The government is helping taxes. It is used in various fields, e.g. In road construction, increase in the required imports, payment of wages of people, and so on.
The word property applies not only to plots or homes but to all materials you own. Your car, farm, office building and other things on your behalf will be part of concrete help. Pakistan’s current property tax rate is 25% in 2020.
Although it costs to buy some material objects, e.g. To build your houses, raw material costs, labor costs, interiors, floors and others. Many banks in Pakistan lend a home to facilitate the construction of your home.
How You Can Pay Your Taxes
In Pakistan there are three types of property taxes:
- Each province has its own tax department. You must call the local tax department to pay the tax.
- By creating an online asset tax, you can also pay your tax in banks.
- You can change electronically through your online banking systems.
Tax Year of Pakistan
The fiscal year will begin between July 1 and June 30, so the property tax, which began on July 1, 2020, will end on June 30, 2021. Real estate can be contacted for in-depth perspectives. The books offer insights into both industrial and residential.
Property Tax And The Situation In Pakistan
In the third world countries, Pakistan is flourishing and progressing if we are to see it. Now is the time for us to act. The housing tax is not the same for everyone and the more you receive, the more you pay tax. It ensures a balance between the social class of different status. The rate often varies between cities and districts. The taxes are in format and they are charged conveniently by any citizen.
Many citizens do not pay the taxes that do not build such good financial conditions. The administration would not earn adequate funds for financial compensation, health insurance, education, and defense. The government has gone to foreign outlets because of these circumstances. This implies the take-off of high-interest loans from the IMF and other nations.
Important Issues To Consider WRT Property Tax In Pakistan
- There is no distinction between plots and some buildings
- CGT was shortened to 4 years the retention time
- 100% of the capital gains taxed because it is less than one year of the retention period
- 75% of the capital gains tax if the retention period is longer than 1 year but less than 2 years
- If the retention period lasts 2 years but not 3 years, 50% of the capital gains will be taxable
- In which the retention period reaches 3 years, but not 4 years, 25% of capital gains are taxable
- No tax on CGT after four years of tenure
Types Of Property Tax In Pakistan
Capital Gains Tax
You have to give the government a certain amount of money when you buy some land. The Capital Gains Tax is charged at a rate of 2% of the recorded value, in accordance with the Finance Act 2006.
In the current budget, however, the general value-added tax on urban spaces is 2% and the stamp duty rate is 3%. Stamp duty is an amount you pay for the legal records of the property.
Capital Gains Tax
This tax is the inverse of VAT. Capital income tax is a certain amount of money that the seller needs to pay for selling his assets. The tax applies to the income of the seller.
The Pakistan Finance Act 2017 stipulates that capital duty can be imposed only if the property is sold within the first three years of the sale. In addition, annually, tax rates are adjusted.
The tax rate is 10% in the first year, 7.5% in the second year, and the tax limit is 5% in the third year. The seller does not have to pay the capital gains tax in Pakistan after three years.
Withhold Tax
Capital gains tax and capital gains tax are a combination. The buyer and the seller must share a certain price when an item is sold.
In Pakistan 2018-19, a buyer of the house, which is also an income tax, will pay a 2 percent withholding tax, while a non-advertiser will buy a 45 percent tax. The taxpayer must pay a 2 percent withholding tax.
Will you see the gap between taxpayers and non-registrants in the tax bracket? This huge increase in the tax rate is aimed at ensuring that taxes are made. Similarly, buyers of the property must pay a 1% tax for registrants and 25% for non-registrants.
Which properties are tax-saved?
Any active groups are exempt from the imposition of taxes. The following categories are addressed:
- Houses built on land less than 5 Marla, instead of the category “A” place
- Property cannot operate above the annual rent of PKR. 5211 / –
- A single house with an annual rent of no more than PKR. 6480 / – if the owner’s house is occupied
- The annual deduction of the tax debts of buildings occupied by widows, small orphans and / or the disabled is PKR 12150 / -.
- Housing up to one Canal owned and rented by a former government worker is removed from the ownership of a dwelling house
- Government buildings, such as businesses, districts or cities. buildings maintained by a government or magistrate
- Mosques and other monasteries.
- Urban parks and children’s fields, schools, boards, homes, inns, bookstores and hospitals, buildings and real estate.
- Places rented only to public charities, religious or prescribed.
Summarizing it
Regardless of what property you own, one must stand as a responsible person. The conscientious citizen keeps his tax data accurate. The company economy is set up by this action. When we look at the land, people in various private businesses like to buy land and houses.
The values of the property are growing steadily as it is the perfect opportunity to buy. Today’s investment is tomorrow’s investment. Contact Globe Estate & Builders for more information on property news.
Property Tax in Pakistan 2020: Latest Updates and Criteria
How To Enrich Interiors With Textural Decor
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Textured walls bring intensity to a modern home interior and a soul of touching depths. Textured background enriches even the simplest furniture arrangements, and adds an interesting essence to the simplest palette. These three stylish home projects each have a different texture decorating scheme to inspire unique spaces. We do our first tour in a cool white pictured home where roughly brushed stucco surrounds walls, ceilings and decorative cavities to complete minimal spaces. Smooth plaster warmly envelops our second featured home, adding complementary curves to round furniture silhouettes. Cool concrete wraps the collection in a beautifully complex housing bound with elegant industrial inspiration.
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How To Enrich Interiors With Textural Decor
Are people preferring High rise constructions over plots?
Over time, the construction of mixed-use and residential buildings has increased dramatically in the metropolises. These skyscrapers and residential towers not only enhance the beauty of outdoor buildings throughout the city but also offer all the modern amenities and facilities.
If we delve deeper to find the cause of this change in real estate trends, we will find that there are many reasons behind this sharp demand for high developments in Pakistan. The first and most important reason is the rapid growth of the population in urban areas. The massive influx of people migrating from rural areas to urban centers has forced developers and investors to focus on construction. The lack of land and high prices are some of the key factors behind the real estate investment shift from plots to high and medium towers. The government has also taken strict steps to prevent the horizontal expansion of major cities to prevent any urban sprawl, which is yet another factor that has contributed to this trend.
Demand for Housing and Houses
If we look at the statistics of just the past two years, we can say that the demand for houses and apartments in Pakistan has grown en masse.
The rough analysis of the user records reflects the demand for plots in the Federal Capital Islamabad fell from 26% in 2018 to 21% in 2020. Over the same period, the demand for apartments is growing from 15% to 17%.
A similar pattern has been observed in other regions of the country as well. For example, if we look at Punjab’s statistics, the demand for plots has fallen to 20% in 2020 from 22% in 2018. However, the demand for apartments rose from 15% in 2018 to 17% in 2020.
Real estate in Sindh has also shown a more or less similar trend. Where the demand for plots decreases from 15% to 12% and demand for housing has increased from 23% to 25% over the course of two years.
Real estate trends in KPK have also shown a decrease in the demand for plots from 22% to 20% and an increase in the popularity of housing from 17% to 19%.
The Recent Trends of the Real Estate Market
The growing trend of high development in the country has attracted the attention of real estate investors as well as developers. At present, about 85% of newly launched projects consist of high-quality housing complexes, while the remaining 15% of the newly launched mixed-use and residential projects in major cities have plots for sale.
Considering the demand for apartments and houses, some of the most prestigious builders and apartments have started launching villas, town halls, marquees and apartments. Easy delivery plans have been introduced to attract more buyers.
Loans, Mortgages and Construction Financing
The government is also working to facilitate home loans for investors. Commercial banks have also been instructed to use 5% of their total lending to finance housing while the State Bank of Pakistan has also introduced steps to encourage construction financing to developers.
The government is trying to develop a mortgage financial structure in Pakistan. It has reduced the tax on bank income generated by cheap housing finance from 39% to 20%. This will serve as an incentive for banks to provide mortgage and home loans to middle and low-income earners.
Pakistan Naya Housing Program (NPHP) has also launched a plan for home loan purchases at lower markup.
Please note that we never recommend our readers to choose any funding option that implies an interest in any form.
How This Change In Real Estate Trend Affects The General Sector
The growing demand for high and medium construction is directly proportional to the construction activities in the real estate sector. This will result in generating more job opportunities and more economic growth for the country. This will also grow the trade of hundreds of industries associated with the construction sector.
Additionally, the development of high and medium buildings is a realistic solution to deal with urbanization with a smaller plot of land. Horizontal expansions of cities not only cause urban sprawl but also cause the disappearance of agricultural land, threatening natural resources and environmental peace. From that perspective, we can say that vertical expansion reduces these problems by a significant margin.
Another effect of the real estate investment trend of plots to high towers is that this practice allows investors to raise capital gains and enjoy rental income as opposed to plots.
However, Urbanization is still the biggest factor that has caused the vertical expansion of cities. The need to accommodate the massive influx of people in major metropolises has led the government and builders to choose tall buildings to serve the purpose.
Considering the aspects we discussed above, we can conclude that this shift from real estate trends from plots to medium and tall buildings will not only benefit the construction companies across the country but will also provide an affordable living option for people who want to settle in. urban cities. areas.
Are people preferring High rise constructions over plots?
- Published in #architecture, #interior design, affordable housing, Architecture, Construction, General, Opinion
CDA Park Enclave Phase 3: New Booking Prices, Location, and Ballot Details
Here is an exclusive investment opportunity in the most beautiful suburbs of Islamabad Capital Development Authority. CDA has devised Phase 3 of its most beautiful residential project “Park Enclave” which is located right opposite Chak Shahzad Farm Houses on Park Road. Limited places of 5 Marla (25 × 50), 10 Marla (35 × 70), 14 Marla (40 × 80) and 1 Kanal (50 × 90) are available by open ballot, so apply before the given deadline to take advantage of this lucrative offer.
Park Enclave Phase 3 is planned adjacent to Phase 1, and it is considerably smaller by comparison. CDA has also released the location map and master plan of phase 3, so you can check the exact location before submitting your application.
Follow the local map of Park Enclave Phase 3:
As you can see on the local map above, Phase 3 is located right next to Phase 2 with direct access from Kurri Road. You can get a better idea of a relative location from the map below:
Following is the complete master plan of Park Enclave Phase 3 with intriguing numbers:
Here is the number of plots available in each category:
- 5 Marla: 264 Plots
- 10 Marla: 597 Plots
- 14 Marla: 124 Plots
- 1 Channel: 76 Plots
Reservations are open to the general public including foreign Pakistanis until 17 September 2020. Brochures and registration forms can be obtained from selected banking subsidiaries of MCB, UBL, HBL, Askari Bank through Pakistan and CDA One Window Directorate on payment of PKR 10,000 / – ( not refundable).
Registration forms can be sent to the selected bank branches together with the following documents:
- Original Registration Form
- Certified copy of CNIC
- 2 Photos (3.5 × 3.5 cm)
- Pay a 10% down payment in favor of the Capital Development Authority, Islamabad (refundable to unsuccessful candidates)
You can go through a detailed application procedure given in the brochure before submitting your application to avoid mistakes/rejection.
Here are the prices of housing:
If you succeed in the election, you will have to pay the remaining amount according to the given schedule:
- 20% is added within 3 months from the date of issuance of a letter of advice.
- 25% is added within 6 months of the date of publication of a letter of advice.
- 25% is added within 12 months of the date of publication of a letter of advice.
- 20% amount at the time of delivery of possession.
In case of failure in the ballot, a 10% advance will be refunded to the candidate by a bank project within 45 days of the ballot.
You can download a complete brochure of Park Enclave Phase 3 below:
Park Enclave Phase 3 Brochure
You can see a press release of the project below:
A computer ballot of all submitted nominations will be held at Jinnah Convention Center, Islamabad further September 24, 2020.
CDA Park Enclave Phase 3: New Booking Prices, Location, and Ballot Details
Govt urged to introduce soft taxation regime for real estate sector
Soft taxation regime for Real estate sector
LAHORE: The government must formulate special policies and introduce a soft tax regime for the country’s real estate sector.
This was the result of the speeches made at a seminar on houses and real estate at the Commercial and Industrial Industry of Lahore (LCCI).
The seminar was attended by LCCI interim President Faheemur Rehman Saigal, Al-Jalil Developers Chairman Nasrullah Waraich, Federal Task Force on Housing Manager Zaigham Rizvi, renowned architects Professor Jason Pomeroy, Yaqoob Tahir Izhar, Akber Sheikh and Mian Abuzar Shad.
The experts noted that in Pakistan the population is growing rapidly, resulting in the expansion of residential areas and increased the need for food and other necessities.
LCCI interim president Faheemur Rehman Saigal said Pakistan is the only country in the region where residential areas are spreading every day, adding that no fundamental change in construction technologies has occurred since independence.
Citing an example from Singapore, he said in 1965-66, Singapore was one of the worst slums in the world. “But they’ve been working on it and now they have great community structures.”
He urged the government to take immediate measures to deal with the uncontrolled expansion of residential areas and consequent downsizing of the agricultural areas.
Saigal further stressed the need to bring the real estate sector within the formal economy, as it was the second largest sector in the context of employment.
The acting president of LCCI said real estate is an important sector of the economy that needs to be protected by favorable policies and a mild tax regime. “The sector has the potential to attract not only local investors but also foreign Pakistanis and foreign investors.”
He said the fungal growth of housing societies is consuming the agricultural land and is an agricultural land, Pakistan cannot afford it, suggesting that this issue could be addressed through horizontal housing developments.
“Despite being a dynamic sector with the capacity to attract huge foreign investment, the real estate sector has faced unfavorable circumstances and struggled to survive due to redundant policies and heavy taxation.”
He said the government will not be able to achieve its economic goals without the support of the business community, which suffers severely from the severe issues like attachment of bank accounts, political instability and heavy taxation on trade and industry.
Govt urged to introduce soft taxation regime for real estate sector
- Published in Business, ECONOMY, GOVERNANCE, HEADLINES, Lahore Chamber of Commerce and Industry, LCCI, policies, President, Real Estate, real estate sector, seminar, TAX POLICY, TAXATION
Everything You Need To Know About Real Estate Investment In Pakistan
We often hear that real estate investing has a bright future in Pakistan – but sometimes it can cost you a huge fortune in the form of scams and frauds.
We know that in Pakistan real estate and real estate are spreading through many regions. Although each area is distinguished by its investment offerings and options, Karachi, Lahore and Islamabad are the three main cities in the country for real estate.
This article has all the important details about real estate in Pakistan, the investment benefits and factors related to real estate.
What You Need To Consider Before Making A Real Estate Investment In Pakistan
The following things should be considered:
Real Estate Investment Information
Sufficient real estate education is essential for real estate investors. The income from real estate investing needs to be well understood to you. Take a long time to get to understand every aspect of the property. In Pakistan, it is a growing industry and has a fast pace.
The design of a property must be high quality and smooth. It is important to have a realistic awareness of all the current developments in the real estate market in order to keep this unpredictable rate and become a profitable investor.
You can read about real estate for free from too many newspapers. Some mass media are most frequent:
- Newspapers
- Real estate YouTube channels
- Real estate books
- Real estate podcasts
- Real estate blogs
- Real estate television programs
Both of these resources are easily accessible and convenient. Take advantage of them and try to learn from them as best you can.
Follow Strategy
It’s no joke if we conclude that real estate is definitely possible for a lifetime cash flow. You just need a workable approach.
Spend some time planning an integrated plan for your investment in the property before you spend your hard earned money.
Would you like to invest in all kinds of assets or just stay in a niche, for example? Do you want to spend as an exclusive owner or do you want to participate? Would you like to develop your investments locally or would you like to grow your investment in other cities?
Such financial decisions will make or break your investment in your home. You will receive a decent income within a limited period of time if you have a good plan in place.
Select Redeem Properties
The fate of the draw is not to get the best property. For the perfect property, you need to be diligent and polite. Before buying real estate, ask about the land, rates in the area, country styles such as whether to buy in the apartment, house or store, details of facilities and the area.
Above all, make sure that it is accepted by the municipal planning authorities. Check the property carefully to make sure all property papers are accurate and complete, keeping your eyes open for any defects.
Buy Your Property
Once the preliminary research has been completed and your real estate investment options in Pakistan have been limited, it is time to buy your house. Consider all legal aspects and advise reviewing the accompanying transition and sales articles.
Furthermore, remember your plot or home location and construction level. These variables significantly influence how fast property prices rise. Often buy property authorized by the relevant government authority so that in some legal matters you do not miss out on investments.
Things to Consider For A Better Return On Real Estate Investment
Here are some moves you can make to achieve the highest investment speed and return:
Don’t rely on one resource
Don’t rely on just agents or insecure portals to create your buying or selling cost. Browse Zameen.com’s listings for the region of the property to see the latest trend in prices. Also, contact some agents to get the trading pressure and see what prices they offer.
Make sure your property is worth it
It takes some pretext to make this move. Contact one or two agents from the buyer’s point of view and ask for the cost for your preferred home. Call one or two additional agents from the seller’s point of view or ask about pricing. The fair market value is among the listed prices, as the purchase prices are usually higher than the sellers.
Go to the previous stages for token capital
If a contract has been terminated, the buyer collects symbolic money. This is the customer’s promise that the property is purchased and binds all parties to the contract. Sign money is usually a very small percentage of the total value of the land, preferably between 50,000 PKR and 100,000 PKR.
The receipt of a sign includes the full details of the property and shows whether a conflict occurs.
Less Volatile
Real estate portfolios do not face sudden changes such as the trading of stocks and bonds. Real estate is also very stable and rates are smoothly priced. This means that failure is less possible internally.
If you want to build your capital smoothly in a risky person, the investment in real estate is right for you.
Try to meet the other party face to face
If you are a buyer or seller, it will help facilitate the process by seeing each other face to face. You will also reliably confirm the ownership status and legal status of the property in this way.
If you are buying a home, make sure the assignment or transfer letter is reviewed by the owner’s NIC.
Double benefits
You may receive many benefits from a house or apartment. You can rent/lease your place, put your room on Airbnb, use it for your own home, and as the cost of the property grows, you can sell it. How incredible is it?
If you are looking for a great investment option in Pakistan, real estate is the ideal alternative for you.
Better Returns
Real estate offers you a reliably strong income. You can earn a monthly return of up to 20% on average. For example, you can sell it for RS.560.000 next month if you buy a property for RS.500.000 without doing anything as well. Staying at home, you get an additional Rs.60,000.
Tax Benefits
Investors usually earn property tax exemptions. You will, for example, get mortgage interest deductions. This is generally done by politicians to promote additional spending.
Possession
The complete ownership of the asset is one of the most significant and desirable factors inland. You will be wholly owned and no one will take your property from you when you buy a house, and you have all the legal rights to it.
You do not have perceptible assets and ownership of other types of investments such as bonds, mutual funds, and vice versa. That said, immobilization helps you rule your land.
Everything You Need To Know About Real Estate Investment In Pakistan
Taiser Town Scheme 45 – Brief overview of History, Developments, and Future
SCHEME 45 TAISER TOWN KARACHI
As we wrote earlier about Taiser Town, this project was started in 1986 by the Karachi Development Authority (KDA). Ten years later, in 1996, this project was handed over to the Malir Development Authority (MDA). After this project was submitted, MDA relaunched this project in 2005. Taiser Town is basically located in the northeastern part of the city. Upcoming well-known projects in this area include Gulshan-e-Maymar. Dreamworld Resort is another popular water park located in the same area. The project is planned to house about 2.5 million people with the area extending to about 21,000 acres. The housing structure was divided into two phases. Phase I will have nine sectors, and Phase II will have 30 sectors.
The Taiser Town Scheme 45 master plan was designed by The Engineering Consultants International Limited (ECIL). The design includes a wide range of facilities and amenities such as recreational avenues and parks for families. A total of 9,500 acres of the area has been earmarked for recreational facilities in the town. The housing association was planned so that it itself would be a small town. This means that the society will include all roads for commercial and recreational activities so that its residents do not have to travel far into the city to reach these facilities. One of the attractive features of the project includes the business district along Karachi North Bypass. This is one of the main routes in Karachi, which has a lot of potential for business opportunities as the route is well-connected and offers easy travel to residents.
Initially, the area was viewed slightly away from the city center. However, the city is rapidly developing and expanding which is leading Scheme 45 to fame and people are now looking to invest in this project.
SCHEME 45 TAISER CITY: STATE OF DEVELOPMENT
Taiser Town still receives NOCs from service companies. However, this should not be a critical aspect for investors, as many real estate experts have predicted that prices will rise in the coming years. Therefore, Taiser City Plan 33 will give a healthy return against medium-to-long-term investments.
Speaking of the development action, according to the official website of Scheme 45, the Taiser Town area will consist of the dedicated residential sector, commercial sector and mixed buildings. However, 10% of the total area of the project will be reserved for parks, playgrounds and for other recreational activities. In addition, the project aims to provide the following facilities for 1000 apartments each:
- schools
- colleges
- places of worship
- library
- Water treatment plant
- hospitals
- clinic
- offices for useful departments
- wedding halls
- community centers
- auditorium
- bus station
- local post office
- dumps
- fire stations
- police stations
- parking lots
- markets
- public toilets.
AVAILABLE EVAPS IN TAISER CITY
Buyers have a wide range of residential and commercial plots when it comes to investment options in Taiser Town. As we mentioned before, the project was classified into two phases. Phase I has relatively higher prices compared to Phase II. However, even phase I is quite affordable for many investors. For example, you can easily get a 120-square-foot plot in a range of PKR 6 to 8 lakh. The cost of 80 square meters is about PKR 4 to 5 lakes. In phase II, you can get plots even at a lower price.
Authorities on foot get water, electricity and other services from the housing society. All projects are leased by the government, but the MDA has put in place a proper procedure to obtain your property in the name of the buyer. This procedure should not take more than a month. Most sectors of phase I have assets available, as major development work has already ended there. However, in phase II, development work is still progressing and properties will be available in the future.
Phase I properties include residential plots of land of the following sizes:
- 80 kv
- 120 kv
- 240 kv
- 400 kv
These plots are available in old sectors. The voting of these plots took place in 2005. However, plots that were recently voted in 2019. are available only in 80 and 120 sq. M. Transfer fees for the plots in relation to size are as follows
- Rs 5000 for 80 kv
- Rs 6000 for 120 kv
- Rs 12000 for 240 sq. Ft
- Rs 16000 for 400 sq. Ft
In addition, authorities work with buyers to assist them in their respective construction plans. Every development for utilities like electricity, water and sanitation has been done. Since it is a government project, the government will provide service connections only after people settle here.
Despite the fact that ownership is available, people are not yet building here. The authorities are trying to entice buyers and investors to invest here given the fact that prices are still relatively low.
As we reported earlier, the overall demand for real estate in Karachi has almost doubled during 2018-2020. The plots saw a 49% increase in demand and demand for houses drastically increased to 103%. Meanwhile, housing demand grew by almost 120%.
The increase in demand is directly proportional to prices. This means that the increase in demand raises prices. We are also seeing this in the real estate sector. The average prices of various sizes of houses have seen the following increases.
- 120 square prices rose by 35%
- 240 square prices rose by 17%
- 400 sq yd and up by 13%
The prices for plots also showed a similar pattern. The jump in market prices for plots is as follows:
- 120 square yards increased 14%
- 240 kv. Yd up 15%
- 400 and up by 22%
These figures essentially reflect the fact that the demand and value of residential houses in the city are growing dramatically. It also indicates the importance of affordable societies like Taiser Town, where investors can earn a good profit in a short time. Moreover, people can also consider this option for living purposes with a minimum budget.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Taiser Town Scheme 45 – Brief overview of History, Developments, and Future
51 Relaxing Poolside Sitting Areas To Daydream About
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Sunshine and cocktails, good friends and great times, relaxed seating at the pool are places where letting responsibilities go away and working out are just wonderful memories. This attractive collection of 51 swimming pools at swimming pools will make you dream of luxurious outdoor living spaces, the cool splash of serene swimming pools and sunset gatherings in cozy outdoor conversation caves. We will also gather inspiration to welcome outdoor dining areas, modern fireplaces, elegant chairs and outdoor sofas, built-in benches, outdoor lighting, waterfalls and fountains, large sun terrace arrangements and decorative ideas. All this in the beautiful company of magnificent modern architecture, beautiful plant arrangements, courtyards and vertical gardens.
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51 Relaxing Poolside Sitting Areas To Daydream About
- Published in Designs by Style, General, interior, Interior Decoration Ideas, Interior Design, interiors, International, pool, swimming pool
Rental Laws in Sindh: Comprehensive Guide for Landlords and Tenants
So, if you are renting or planning to rent your property sign a rental agreement in Karachi, Hyderabad or any other part of Sindh, today we will discuss everything you need to know about the rights and duties of both. parties in accordance with provincial laws.
Rentals in Sindh
In Sindh, tenancy laws are under the umbrella of Sindh Leased Places Ordinance 1979. This ordinance defined the regulations on rental agreements to protect both the interests of tenants and landlords in almost all situations to avoid disputes and conflicts.
So let’s find out what our law covers about the official documentation and issues related to rental contracts in Sindh.
Rental agreement between country and tenant
The rental agreement between landlord and tenant must be made in writing. The agreement must be signed by both parties and it must be attested by an official seal of the relevant authority associated with the jurisdiction where the property is located. You can also get this document certified by a First Class Judge or by any Civil Judge. These are the necessary conditions for the validity of a lease.
By law, the lease agreement must be renewed annually, otherwise, it would be considered invalid in court. The landlord is entitled to review the terms of the lease (within legal limits) and monthly rent after the renewal of the contract.
About the conditions related to Rent
The landlord must charge the rental amount, which has been mutually decided by both parties and clearly mentioned in the agreement. Although there is no specific date as the deadline for rental fees, however, according to general practice, tenants must be paid no later than the 10th of each month in Sindh.
The rental laws in Sindh ensure that the rental prices would be fair for tenants as well as for landlords. The laws protect the rights of both parties. According to the laws in Sindh, the rent of real estate cannot be increased by more than 10% annually. In addition, if the fair rent has been determined, it cannot be increased for a period of three years.
Here are some of the main points on the basis of which a fair lease of any particular property is determined.
- The rough analysis of the monthly rents for similar real estate located in the same or adjacent neighborhood.
- The increase in construction costs, repairs and maintenance costs.
- If there is any new tax after the start of the lease.
- An increase in the value of the leased property on the basis of the government-imposed property taxes.
The owner cannot interrupt amenities and services
The law does not allow the landlord to discontinue any of the services and amenities including but not limited to service connections such as electricity, gas, or water unless this is announced in advance and decided with the tenant. However, the interim service providers may terminate such facilities on the basis of their organizational policy. Other relevant authorities may also terminate these amenities and facilities under any specific circumstance.
Maintenance is important
Repair and maintenance of the leased property is the responsibility of the landlord. However, if the owner is unable to do so for any reason, the tenant is entitled to perform the required maintenance.
In such a case, the landlord must pay the maintenance costs. The tenant may deduct it from rental costs if mutually agreed. However, the tenant pays documented proof of expenses incurred for the repayment.
Expulsion Laws in Sindh
Upon successful completion of the lease agreement, the landlord has the right to evict the tenant on the basis of legal eviction conditions. Eviction terms are almost identical across Pakistan. However, Sindh Rented Locises Ordinance 1979 has a number of additional clauses and requirements that must be met to avoid legal complications. The central idea of the additional clauses is listed below:
- The ownership of the leased property was transferred or sold to another person.
- If the tenant causes significant damage to the property, that could impact its property.
- If a major renovation became necessary for the area or reconstruction was forced by the modifications in the building regulations. However, once the reconstruction is complete, the tenant can re-apply for the assets.
- If the owner and their legal heirs want to use the site for their personal use, they are free to vacate the property after consulting the legal authorities.
- If the owner of the rented premises is a widow or orphaned minor or elderly person who is over 60 years of age. And this fact was evident when the property was rented, and the said clause for eviction became invalid.
- Always remember that whatever the cause of eviction, whenever a landlord wants to evict tenants, they must write a request to the relevant authorities in accordance with the law.
Rental Laws in Sindh: Comprehensive Guide for Landlords and Tenants
Star Enclave Rawalpindi – Pre-launch Booking Details, Location & Prices
Star Enclave Rawalpindi is a new housing project soon to be launched on the main Chakri Road, Rawalpindi. The project is being offered by Star Marketing Private Limited in collaboration with Green Land Developers. Pre-launch reservations of limited residences have started at introductory prices with a 3-year fee, while a project is being launched very soon at revised prices.
Star Enclave is another notable addition to the housing projects coming on Chakri Road after Capital Smart City, Rudn Enclave, Blue World City, Mivida, Abdullah City, Khanial Homes and Al Haram City. Considering the imminent major development of Rawalpindi Ring Road, this area will have the easiest access to the Highway, Islamabad New Airport, Rawalpindi City, GT Road and other major landmarks.
This housing project was earlier called “Rabies Housing,” which was approved by TMA Potohar, which entered RDA. The same project was acquired by Star Marketing and renamed “Star Enclave”.
Project Location
Star Enclave is ideally located in Mouza Chahan directly opposite Capital Smart City on main Chakri Road. The project is planned for about 2500 channels of land, and some development work has already been done on-site, which can be seen in the google maps image below:
As you can see on the map above, the project is located just opposite the first entrance gate of Chakri Road’s Capital Smart City. This location is about 3 KM from the finished Rawalpindi Ring Road Interchange, so access to this area will be much easier in the future.
Features
Star Enclave is envisioned to be a modern yet inexpensive housing project aimed at those who want to buy a plot for their own housing. A range of exclusive facilities and amenities are planned for the residents which include parks, schools, lakes, hospitals, shopping and much more.
Here are some prominent features of Star Enclave:
- Great location on Main Chakri Road
- Approved by GDR
- Plots Available on Map
- Secure Enrolled Community with Security Guards and CCTV Monitoring
- Flexible Payment Plan for more than 3 Years
- Affordable Prices
- Large open areas for Parks and Recreational Activities
- Beautiful Lake within the Society
- Minimum 35 feet wide Streets
- Proximity to Ring Road junction
- Modern Shopping Areas
- State of the art Modern Educational Institutions
- Modern Medical Services
Basically, Star Enclave planned to offer all current facilities to its future residents. As a payment plan lasts more than 3 years, the company must be ready to deliver its first development areas within the given deadlines.
Prices and Payment Plan
Star Enclave offers various residential plots with a 3-year delivery. Plot sizes include 3 marl, 5 marl, 7 marl, 10 marl and 1 channel. Booking starts from just 10% down payment followed by confirmation and allocation amount while the remaining amount is payable in 3 years with easy monthly and average fees.
Please add prices and payment plans for apartments:
Please note that plot numbers can be selected on a map with a prepaid 30%, ie (reservation + confirmation + assignment) at the time of booking. Commercial plots are currently not available for booking in the pre-launch phase.
Pre-launch prices are subject to change without notice. Additional costs apply for booking of category plots (corner, park side, main road).
Backup Procedure
Reservations of plots in Star Enclave are currently available according to the first arrival, the first. You just have to follow the given procedure to reserve your plot:
- Download this Registration Form
- Take a print and fill in the required details
- Prepare a salary order/demand project in favor of “Greenland Developers”
- Attach the following documents:
- CNIC of Petitioner
- Photo of Candidate
- CNIC of Candidate
- Send your form along with documents and pay for an order at our office to complete your reservation
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Star Enclave Rawalpindi – Pre-launch Booking Details, Location & Prices
Hafeez Shaikh stresses need to incentivise real estate sector
Adviser to Finance Minister Dr Abdul Hafeez Shaikh on Monday stressed the need to encourage the real estate sector to attract investment from the Pakistani diaspora, reported Pakistan.
Presiding over a meeting to analyze the different financial models for “Naya Pakistan Economic Zone next to Islamabad Highway” in Islamabad, the councilor assured of the government’s support to the development of the housing sector as it has the potential to provide employment opportunities to the youth, Radio Pakistan reported.
He ordered the concerned officials to hold another meeting with all relevant stakeholders this week to analyze any financial plans prepared by the Naya Pakistan Housing Association (NPHA) for the above-mentioned project.
Earlier, NPHA (r) Lieutenant General Ameer Ali Haider informed the meeting about the general details of the project.
It has been reported that the project will be completed in three to four phases, starting from Faizabad and ending near Rawat.
“The Border Workers Organization is working with NPHA on the feasibility of the project. The aim is to complete the first phase after one year under the public-private partnership regime. Different financial models are being explored for the completion of the project in consultation with the State Bank of Pakistan and Federal Board of Revenue, ”he added.
Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.
Hafeez Shaikh stresses need to incentivise real estate sector
Unique Wall Shelve Ideas For Modern Homes
Shelves in every part of the house are very convenient, allowing us easy access to the most needed things. Decorative wall shelves attract, preserving functions, to dull walls, attracting the attention of our tourists and guests.
We have maintained a list of beautifully distinguished shelves and shelves, from ultra-modern options for minimal or commercial interiors to rustic and quirky home choices and homes influenced by Pakistanis. For any room in the house, you can find good choices – a kitchen, a dining room, a desk, a pair of geeks and new shelves for a playroom or home theater.
Unique And Modern Wall Shelf Inspirational Idea
Decorative wall grilles are a perfect highlight either in a home or in a concept. It could be a perfect complement and valuable addition to any home. The designs of the wall grilles add to the wall and of course the whole room with character and a certain charm. They can also be useful for the arrangement and preparation of spaces and for installation.
Metal Shelf With Wood Planter
Planters and shelves are still a perfect mix! This simple framed shelf adds a sweet embellishment to the minimalist interior.
Fishbone Shelf
It is a creative, modular and scalable set. Turn shelves if you want – books from every perspective are included in the special form. They look amazing within a new Scandinavian theme.
Circular Shelf Three Levels
This beautiful circular shelf is not only a great shelf for the wall, but also for any space.
Diamond Cross Aircraft Shelf
Interiors built around geometric designs will use this shelf absolutely! For small potted plants and books, three levels give plenty of space.
Invisible Bookcase
Have you ever wondered how the “floating” libraries work? Glue the shelf only in a large continuous book and slide through small hooks flat against the wall, to avoid hanging the lid.
For some time, invisible libraries are in vogue and obey a fairly basic rule. Really, the thin floating shelf is placed in a thick book and the hidden book is strategically placed in small metal hooks that are inserted into the wall to prevent it from falling apart and destroying the illusion. This can be the perfect storage solution for book lovers who want to show off their favorite books without changing the appeal of their interior.
Metal CD, DVD or Bookshelf
Concept of a mini-picture frame for an elegant and stylish shelf, exclusive in itself.
Customizable Perforated Shelf
This modular racking system is a convenient way to add color and extend storage at the same time, mixing the cool Nordic effect with a weak industrial edge. Each set has two racks, but the unique link system facilitates addition.
Collection Shelves
Vintage and colorful wall grilles ideal for a young person’s bedroom, especially if painted on a contrasting color of the wall.
Kitchen Board Shelf with Hooks
A rare and neat wooden shelf suitable for a really comfortable and edgy kitchen.
Modern Intersection Shelves
Want a little more decorative, do you enjoy the bold framing of the front shelves? These cross-sectional locations give just a little more visual interest. For smaller aerial plants the smaller niches will be good.
Brisbane Wooden Storage System
Over-adjustable panel racks handle accessories and all-in-one electronics. You could reset this during the flight, unlike most modular wall structures.
Geometrically shaped shelves
Hexagonal Shelves
Wall racks in various shapes are available, and if you are looking for floating racks, nothing but hexagonal racks would be suitable for your modern interior. These shelves have 6 flat faces, are typically assembled in groups, mostly made of wood, and can be decorated to accommodate any color scheme. The hexagons can be arranged according to any template you want to build special shelf projects. They also appear as honeycombs, which adds to their special charm.
Triangular Shelves
Similar to the upper, triangular racks can be arranged together and separately on both walls, to give three flat sides. Top shelves consist of vertical, like a mountaintop, and can also be used as inverted triangles by flipping the shelves. These racks can be used for balanced decoration in the interior.
Square Shelves
A square shelf has four similar wooden faces, which are usually thick and which are the basis for your decoration. These basic racks have ample storage space on and inside the plaza and have many colors. On the same wall, you can combine different sizes to build a focus for your room. When the same shelf solution transforms to its own side, it gives you pointed top and bottom tips, in the shape of a diamond.
Cubic Display Shelf with Round Corners
The rounded corner wall cubes have a fresh feel while maintaining simplicity and can also be conveniently hung or mounted on the floor connected to the wall.
Happy Tree Bookshelf
These tree libraries are charming and pleasing, especially for those animal bookends, as a perfect addition to a children’s bedroom.
Advantages Of Installing Modern Shelves To Your Home Interior
Now look at some of the benefits:
Easily accessible
The versatile feature of wooden bookcases or other content shelves is easily accessible. They are also equipped with various storage to organize your set however you want. This makes it easy for you to still find the specific version.
Hidden storage
Find a solid shelf that can hold many moves, and stack your child’s toys and games with baskets and boxes on the bottom shelves. You can use the boxes to hold DVDs or play at night if you don’t have kids.
Excellent Appeal
Book arms represent the homeowner’s project, in addition to being a technically decorated object, by making it possible to place the books in a perfect arena. They bring the best decoration to the house as they are in all styles and are a great mix of storage and height.
Organize your mess
Bring a new shelf or bookshelf to your home to order everything from your shop to your home office. Shelves can contain many items that can be inserted into the eye so that anyone can hurry. Taking the time to objectively arrange the products with project elements. Grouping objects together however is not afraid to mix objects of various sizes and types to create a comparison.
Wrapping It
Facilities, projects and organizations can be donated in any space. The main thing to improve your shelves is to decide how and when they are used. Once these two questions have been answered, you can find the perfect shelves to decorate and display your pieces.
Unique Wall Shelve Ideas For Modern Homes
- Published in #interior design, interior, Interior Decoration Ideas, Interior Design
Karachi Real Estate Market Saw a Massive Boom!
The mass migration of people from various rural areas of the country in search of better living facilities has resulted in the massive growth of slum regions across the city and created a severe housing crisis.
The city’s real estate market saw a boom of 50 to 100 percent as life returned to normal after the pandemic. Areas that see significant real estate are Gulshan E Maymar, Shah Latif Township, North Bypass, Surjani City, Scheme 33, Malir, and Jinnah Avenue Road.
Neighbors with the availability of basic services such as water, electricity and gas provided a jump of about 100 percent.
Housing on Jinnah Avenue Road near Model Colony has reached more than Rs 10 million, even the reserves for sub-construction projects also cost up to Rs 10 million.
You cannot get a legally released 120-yard plot in a stable and well-equipped society at North Bypass in less than Rs 1 million.
Real Estate Investment Guide in Karachi
Attention DHA City, Gulshan E Maymar, Pir Gul Hassan, Pir Ahmed Zamaan and Taiser City.
Before Investing in Scheme 33, be sure to check out a list of illegal companies.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about architecture, Lifestyle and Interior Design.
Karachi Real Estate Market Saw a Massive Boom!
- Published in Investment Tips, Market Overview, News & Updates
Private Property Financing Options: Lender’s Guide
Most real estate borrowers run to traditional lending institutions to finance the properties they are looking to buy and sell. Banks, government support housing, and insurance companies are usually the preferred companies for real estate.
However stringent requirements and the long waiting period have become the main obstacles for most borrowers. And, for buyers who are looking to buy a great property, time is of the essence. Alternative financial arrangements aim to stifle these challenges. With fewer rings to skip, real estate investor-borrowers are more than willing to take advantage of unconventional lending options.
If you are an inexperienced real estate investor, I need to get acquainted with other loans, especially if you have outstanding loans from traditional financial companies. Read on to know more about private financing and hard money lending, as well as the pros and cons for investor lender and investor borrower. You read that right. In private financing, the lenders and borrowers can both be considered as investors.
What is private real estate financing?
It takes a lot of money to invest in real estate. As an investor, you can turn to either conventional or alternative lending methods as it suits you best. Private financing is one of the ways you can secure an investment. Often, private financing depends on the relationship between the lender and borrower. Most often, however, private financing for real estate can be in the form of private equity funds.
The main drawback of private financing is its flexibility. It can be used to finance a variety of real estate; from buying rental property to investing in a home, or as additional financing for new real estate construction. Private lenders also usually require fewer documents and a more lenient control and approval process.
What is hard money lending?
As a type of private real estate financing, hard money lending is an alternative financing plan that allows borrowers to use property as a loan guarantee. This means that the property used as collateral can dictate how much the lender can borrow, rather than alternative lenders relying on the borrower’s credit history and other circumstances.
Which leads you to the question; do you get a difficult loan? The truth is that it may not be suitable for anyone. Hard money lending works best for investor borrowers who do not have impressive credit but own valuable property. Placing property as collateral allows a borrower to access loans typically limited to those with impressive credit ratings.
Similarly, a property owner at risk of having property foreclosed may also use this unconventional real estate financial plan.
As with other private financial methods, hard money lending allows investors to participate in the real estate industry even without going through the lengthy processes of buying homes, or keeping and maintaining a property to be included in their investment portfolio.
A private lender must set criteria for qualified borrowers, and like traditional lenders, you may also be turned down for a loan.
What are the benefits and risks of private real estate financing?
Using private money to lend to a real estate borrower comes with its risks and benefits. Below is a list of a few points:
Advantages for the private loan investor
It’s a great way to earn a passive income. You don’t have to go through all the hassle of finding, buying or managing rental properties and other types of real estate. You just need to raise money to lend to the borrower and collect regular payments.
Due to the more lenient approval process, high-risk borrowers are allowed access to additional financing. This means that higher interest rates are imposed on private cash loans compared to traditional lenders. Investors can also enjoy higher returns.
- Who can become a private financial lender?
Being a private financial lender is ideal for the following categories of people:
- A real estate investor who wants to expand their portfolio
- A professional who has a high income career
- An individual who has considerable money reserves
- Emeritus seeking passive income
Generally speaking, anyone who is able to raise good money can lend their private money to borrowers. If you want to become an investor, have someone you can trust, such as a family member, as your first borrower.
However, it is not without its drawbacks. For example, the borrower you have chosen to finance may not be as financially savvy as initially thought. And as a result, you may lose instead of making money.
Additionally, the time and effort you have left to find and maintain real estate should be dedicated to research on real estate investors, and other important factors on the loan process.
Benefits for the private lender
As mentioned, private lenders generally have more lenient examination and approval processes, allowing borrowers to have better access to real estate financing. And, while alternative private financiers have their own criteria for ideal borrowers, they are nevertheless less stringent than others.
- What type of borrowers can take advantage of private financing?
Additionally, a real estate borrower who is planning or in the middle of the following projects looks more attractive to private lenders:
- House fins: If you are a borrower-investor who buys cheap houses and repairs it to resell at a higher price, you will find that private lenders save lives. Conventional lenders usually do not consider outdated properties and require too much time before they can release the money.
- Rental investment investors: Investors who need additional financing to rehabilitate rental property can also access private money. Look for a lender who wants to have a steady stream of passive income.
- Developers: These types of investors-borrowers are looking for useless land where they can build residential or commercial real estate. Because time is money in construction, these types of borrowers may not be willing to waste the lost time and opportunity waiting for monetary release. A private financier is a very tempting proposition.
Risks for the borrower
The only foreseeable risk to taking advantage of private financing is that you may not be able to pay due to the high interest rates. However, if you need money quickly and for emergency purposes, such as when you face foreclosure, it won’t matter much.
Do you have private funding?
Private financing is an alternative way to access finance for your real estate. The smoother and overall faster processing is tempting, but it can literally cost.
If you have a negligible credit record but need money for planned investment, quickly; consider asking lenders for private money.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Private Property Financing Options: Lender’s Guide
How to Find the Return on Investment (ROI) in Real Estate?
ROI, the Return on Investment is one of the main metrics that play an important role in real estate. It helps to measure the performance of real estate. The greater ROI means that the project will attract many investors.
What is ROI?The measurement of the return on investment by a particular investment in a given period is known as the Return on Investment (ROI). It is calculated and represented as a percentage of the total investment cost.
If you are a real estate investor or looking forward to doing real estate in the future, you need to be eager to find out your capital gains. Today we will guide you on how you can calculate the ROI against your real estate investment.
WHAT IS THE EASY WAY TO CALCULATE ROI?
Before we begin our guide to Return on Real Estate Investment, let’s just focus again on the term.
THE INVESTMENT REVENUE (ROI)
Return on Investment (ROI) is a widely used accounting terminology in different business and investment fields. It summarizes the amount of profit that may result from an investment over a certain period of time. The ROI is always indicated as the percentage of investment money recovered after the deduction of all related costs.
You can simply calculate the ROI using the formula mentioned below.
ROI = (Investment Gains – Initial Investment Costs) / Total Cost
First you need to subtract the initial amount of your investment from the final value of the investment, which is represented as “Investment Earnings” in the formula. Then you need to divide the result by ‘Total Investment Cost’, which is your initial investment with the addition of the expense you incurred.
Although the above mentioned formula is quite simple, but you need to carefully consider some cost factors when calculating the ROI of your property. These cost factors may include repair and maintenance costs as well as the amount of money (including interest in the case of a loan) that you may have borrowed for an investment. All of these costs will have a significant impact on ROI in real estate.
How do I know if my ROI is good?
In real estate, investors and stakeholders consider a good ROI if it exceeds 8%. However, we recommend that our readers always aim high. Your goal should be more than 10 or 12 percent, with all thoughts of spending and spending.
This is the reason why ROI is one of the main factors that tend to make or break real estate. Investors determine the outcome of investment opportunities based on these ROI values.
IMPORTANT FACTORS FOR OWN VALUE
Here are some important factors to consider when aiming for a good retrospective while doing real estate.
Location: Location is the first and most important factor to consider in any specific real estate project. The location of the project should be well connected to the main road network of the metropolitan area. Investment opportunities close to the city center are always recommended to get high capital returns.
Condition: Condition is another factor that can impact your cost. As if you are buying real estate in real estate, your repair and maintenance costs will increase. Therefore, if your budget allows, always buy real estate in good or at least reasonable condition.
Market Value: There are many factors that govern the market value of a property. These factors may include occupancy rate, fluctuation in demand and supply charts, and legal position of the project. All of these factors can directly affect the property value of a particular area. Therefore, always do your proper research before doing real estate. You can always check out our updated price list and latest blogs to keep you aware of the most prominent regions of the city.
This way you can calculate the Return on Investment (ROI) in real estate for your investment. It will help you measure the return of any real estate investment opportunity. We hope you find today’s guide useful for your future investments.
How to Find the Return on Investment (ROI) in Real Estate?
- Published in General, International, Investment, investment property, Investment Tips, Investments
Real Estate in Dominica How to Get Citizenship by Investing
Real Estate in Dominica
Dominica is one of the many Caribbean countries offering citizenship by investing in interested parties seeking a second passport. The program was launched in 1993 and has been constantly changing since then while Dominic aims to make his program the best.
As seen with the addition of the real estate investment option in 2015 to give investors room to decide. By 2015, investors can make only a non-refundable donation to a government fund.
The constant need to make life easier for their investors and the favorable government policies have set them as an interesting option for people who want to get second passports.
There are two options available to investors; the donation route, which is the cheapest among all countries offering citizenship by investment, and the real estate route. In this guide, you will see how you can get your Dominican passport by investing in real estate.
Advantages of Dominican Citizenship by Investment
Here are the benefits you will receive:
Stable Political Structure
Dominica is a democratic state with elections bringing together leaders. The country has a stable political structure, which translates into more stable financial laws and structures. As a citizen, you will enjoy peaceful transitions and consolidation of laws instead of contradicting laws that can be harmful to businesses.
Paca
Security is an important aspect of human existence and many people are looking for new countries due to the unstable security situation there. However, in Dominica security is excellent along with its low crime rate – one of the lowest in the world. Now you can make your business without fear.
Opportunity To Benefit From The Growing Real Estate Industry
The real estate market in Dominica is constantly growing as more and more people enter the country for both holidays and to stay. The option of real estate investing allows you to take advantage of the growing economy and profit from your investment.
Second Home
Your property can also serve as a vacation home for you and your family. Its beautiful beaches and serene surroundings will only strengthen your love for this island. Dominic provides a place to rest away from the busy western world.
Citizenship by Investing in Real Estate
While the option to donate to the government fund is an attractive option as it is the cheapest in the world, the government has seen the need to give investors another option. An opportunity to help grow the real estate industry while enjoying its benefits.
Since 2015, many investors have taken this path to gain their citizenship, enjoying profits from their investment.
Buying real estate in exchange for citizenship is incomprehensible. You serve the ever-growing tourists visiting the country to see the more than 300 small rivers and hot springs scattered across the island.
What Do You Need for the Real Estate Route?
If you want to get citizenship by investing in real estate, you will need to purchase a government approved property for at least $ 200,000. This can be commercial or private property, but you will need to hold this property for at least 3 years before selling if you are to retain your citizenship.
The government makes it more interesting by adding another clause; if you keep your property for 5 years, you can sell it according to the citizen program by investing. This increases your chances of selling the property whenever you want.
With the way the tourism sector is growing, you may not even want to sell the property after the time has passed.
Additional Fees
There are additional fees you may have to pay in addition to paying for the property.
You will have to pay a government fee of $ 25,000 for the main candidate or $ 35,000 for a family of 4. There is also a processing fee of $ 1,000 for a candidate and a fee to be paid, which varies depending on the nature of your application and the level. of diligence required.
Either way, you’ll get crazy value for your money.
Fine
Real estate is gaining popularity by the day and it’s no surprise that the Dominican government has quickly added that option to its package.
Investors can now have a sense of belonging in their new country by owning real estate that can bring them additional income but still enjoying the benefits that their second passports bring them.
Real Estate in Dominica How to Get Citizenship by Investing
- Published in Dominica, dominican republic, International, Real Estate, Real Estate Investments
GDA Bolan City Gwadar – Project Details, Location & Prices
GDA Bolan City Gwadar is a modern housing project located on Makran Coastal Highway, Gwadar. The company is duly approved by the Gwadar Development Authority. It obtained NOC # 25/05 / HS / GDA (B), a copy of which is added below:
GDA Bolan City is sponsored by Roseberry Real Estate Developer and Paradigm Marketing. The project was officially launched in February 2020, and housing reservations are currently opening in its Paradigm Block.
Location
GDA Bolan town plans more than 100 acres of ideally placed plot of land in Mouza Mazzani on Makran Coastal Highway. It is surrounded by main highways from all 4 sides, so it enjoys convenient access from all parts of Gwadar.
Sardar Gohram Laghari road passes through the society on the east side, while Kahan Avenue is located on the west. Buleda Avenue passes along the north end, and Makran Coastal Highway lies on the south front.
Here is the local map of GDA Bolan City Gwadar:
As you can see on the map above, GDA Bolan city is located close to the Marine Drive, so about 7 KM and quite distant from the Gwadar International Airport, so 17 KM. A host of other housing projects such as Canada City, Savaira City, CPIC, and Green Palms Gwadar lie in the neighborhood of Bolan City.
Project Features
GDA Bolan City Gwadar aims to develop modern infrastructure while maintaining higher development standards. It is planned to be a secure gateway residential community with a front area towards Coastal Highway reserved for mega commercial establishments.
Ample spaces have been reserved through the society for parks and horticulture. All standard amenities such as school, hospital, masjid, RO plant, parks and playgrounds, recreation areas, shopping areas and community center are included in the main plan.
Additionally, the company will provide an uninterrupted supply of services and ensure maintenance services around the clock. Security personnel will be deployed for the physical security of the residents, while CCTV cameras will be used for surveillance in public areas.
Map of Master Plan
The master map of GDA Bolan city has already been approved by Gwadar Development Authority. Housing plot sizes include 125 SQY, 250 SQY, 500 SQY and 1000 SQY. Commercial plot sizes include 100 SQY, 200 SQY and 400 SQY, which are located on 160 ft wide Sardar Gohram Lashari Road. The former commercial area towards Coastal Highway is reserved for future developments.
Download below the high quality image of GDA Bolan City Map: (click to enlarge)
Availability of the map means you can choose your full number at the time of booking. So this is a good opportunity to buy a good local plot instead of buying a file and wait for a computer poll to find out your plot location on the map.
The current development plan is approved for 100 acres of land, however, the company owns an additional 50 acres of land which is reserved for future extensions.
Prices and Payment Plan
GDA Bolan City Gwadar offers different sizes of apartments in Paradigm block according to a 3-year fee. Reservations start from a nearly 20% down payment, while the remaining amount is payable in 11 equal quarterly installments. Available plot sizes include 125 SQY and 250 SQY and 500 SQY.
Here are the prices and payment plan of apartments:
Please note that you can choose a delivery schedule of your choice. If you prefer monthly fees, your schedule will change to 36 monthly fees. A 10% special discount is offered in case of 100% payment at the time of booking.
If you book a corner, main road or park, you will have to pay 10% additional costs for each category.
GDA Bolan City Gwadar – Project Details, Location & Prices
- Published in GDA Bolan City Gwadar, GDA Bolan City Gwadar Booking Procedure, GDA Bolan City Gwadar Location, GDA Bolan City Gwadar Map, GDA Bolan City Gwadar NOC, GDA Bolan City Gwadar Prices, Gwadar Housing Schemes, Housing Schemes, News, News & Updates, News and Update, Real Estate, Real Estate Guide
A Breathtaking Shipping Container Transformation
Have you ever considered living in a “Container House”? What would be the lifestyle of living in a Uja House? Can I also live in a Container House?
So, guys, we are here to answer all your questions.
Let’s start by knowing what a shipping container is?
Container houses are made of steel shipping containers that carry the shipping goods of ships and you can usually see them in any Port. They are made of steel, so they can handle the burden of home and carry all the things necessary in home.
In the era of today’s world shipping container houses are in trend and it is most attractive for those people who have an interest in doing adventurous things. Do they want to prove that they are capable of living in a shipping container house or not?
Currently, the increase in housing in a shipping container house continues to trend. People want to discover new things and this experience will be great to live in a shipping container house. These shipping container houses can be at any location suitable for you and your neighbors. Due to the pandemic interest of people growing about shipping container houses due to their unique structure and design and their special qualities. People are bored living in the city lights.
They want to stay away from the noises, pollution and many other problems related to cities and they want to live in a beautiful environment and they also want to carefully experience the beauty of nature and environment.
Today we will talk about the Akaydia container built by E. Broomfield with the help of a 1x40Ft shipping container.
These containers had a unique look and effect on people who wanted to live in it.
It also has a unique concept and structure of a normal house and it has all the qualities needed in a home.
In today’s modern world a 40-foot container has so much space that you need to do everything you want to do in the cargo hold. I’ve also added some pictures for you and after you look at them, I’m sure you’d like to experience living in a shipping container house.
The color of this shipping container is chosen according to the atmosphere and environment from where it is located. As you can see in these pictures that this is a nice atmosphere all around and that this place is free of noise and away from the city lights. Stay calm and free from the busy schedule of your daily routine life. You should try to live in a shipping container house with your family to experience and add beautiful moments to your life.
Container Houses have become a trendy choice for a holiday with a family and some families are very familiar with what they want in shipping container houses for years.
Most of the shipping container houses include all the necessary facilities in home, such as- Kitchen, Bathtub, Firepit, and many more. This trend is impacting very rapidly the growth of the small houses market and container houses market in a positive way.
As you can see due to snow, you can enjoy and experience a beautiful experience of Hiking and Skating close to your boat. This house also includes a very spacious and comfortable Kitchen in which you can cook your favorite food anytime. In this house container, you can customize the things according to touring needs and also to your pocket. In this spacious house container, you can also have a fireplace in winters to have a warm environment near you and you can feel and enjoy the beauty of nature.
In this container house, you can have a good conversation with your family while having dinner.
In this type of house, you can make changes according to your mind as you experience a new world every time you make changes in it. There is also a bathtub located in the back of the shipping container. You can bathe whenever you want. There is a spacious hallway in it for you to sit, talk and spend quality time with your family. This container consists of cheap compared to an average normal house located in a city. You can experience the sunset in detail and the surroundings close to this shipyard.
To transform a steel shipping container into a house will take up to 3-4 weeks and then you will be able to enjoy and take advantage of the facilities that were in your home during the construction of your container house.
The look of shipping really adds a classic touch to the modern house which helps us to remember classic houses and their simplicity. The glasses transform the classic container image outside the building modernity and bring a cool spirit to the shipping container house. When we look at this container, we see a color combination and everything is adjusted to its ideal location in such a small space. I personally suggest that you try and experience this unforgettable experience and add some moments in life for the future. Shipping containers are one of the innovative and amazing things for adventurous people.
Boredom houses are very much preferred from past years and they are increasing day by day due to their very well maintained structure and their special facilities and in this pandemic time, this is the best choice to protect yourself and your family against this pandemic. I hope you enjoyed today’s article as always and we will continue to write about unique and interesting container houses for you to discover and explore new things and adventures.
If you want to have a great experience in this unique container house located in Barneveld, New York, we recommend you stay here.
A Breathtaking Shipping Container Transformation
- Published in container home, Design, house renovation, Modular Homes, Shipping Container House
4 Ways Investors Can Increase The Value Of Their Investment Property
Every real estate investor aims to earn maximum profits on Investment Property. However, the market is experiencing rapid changes, and competition remains fierce. If you have a long-term rental property, it probably had one hundred percent occupancy when it was still new. Maybe you were able to capture a specific market segment earlier, facilitating revenue. But as economic fluctuations occur, they may also be devalued. Both can have significant effects on the future profitability of your property.
Thus, you may need to strategize how to increase the value of your investment property for future income. If you are a first-time investor, these stocks may not know you. To help you make such moves now, here are some ideas to consider.
1. Make It Energy Effective
Energy-efficient upgrades can help drop electricity bills. Investing in these green renovations could help you take out unnecessary expenses later. Instead, you can use your money for other repairs or developments for the property.
Energy-efficient systems, appliances and appliances can enhance the physical and even the social value of your property. Many tenants and buyers who adhere to “green living” practices would choose to pay a little more on rent or the overall sale price of a home if they could see improvements in line with their core values.
However such updates do not need to be fancy. Here are some simple ways you can strengthen the house:
- Change the windows to energy-efficient modeling units.
- Install bay blinds that can help block direct sunlight to keep the house cooler. Money can be saved thus by saving the electricity bills.
- Install solar panels and solar appliances.
- Install a smart thermostat.
- Install low-flow toilets and showerheads in the bathroom.
2. Improve Your Boundary Appeal
Limiting an appeal is a key part of your overall value. Taking care of the first impression of your property is necessary to attract the right customers. Thus, have a well-kept lawn, a guarded garden and a clean exterior.
Paying attention to the boundary appeal of your property, especially landscaping, can be quite costly. But having flower beds and trees could enliven a lawn. Depending on where the property is located, you may be thinking of some landscaping tricks to help with noise reduction and privacy as well. Adding a small fountain to your front yard may help eliminate traffic noise. Planting hedges can add extra privacy to the property as well, while beautifying the surroundings.
Although there are always cheaper options, consider the long-term advantage of an excellent investment over secondary work. Putting work and money in now could put more money in your pocket for the future. In addition, the limit of your property will greatly attract any potential buyers or tenants. Highlighting your house among others might be just the thing it needs to bring your future financial security.
3. Ensure Maintenance
The best way to ensure that your property will continue to yield a growing profit is to keep it preserved. Among tenants, make sure you invest in professional cleaning and small care jobs, whether it’s electrical work, gardening, plumbing, roof repairs, or pest control. These problems will not only go away on their own if they occur, and you will certainly lose out if your property is not desirable for the right buyer.
4. Update The Kitchen
The kitchen is one of the most important places in your home. If the kitchen of your investment is clean, modern and has that readable atmosphere, any serious tenant would consider it automatically. If you’re selling, know that many buyers inspect the kitchen first. That way, you have to make sure that it is always the best room in the house.
If you need to upgrade a bit, here are some things you can do to revitalize your kitchen:
Update devices:
Consider replacing old ovens and ovens originally installed on site. Look for appliances that can blend in or enhance the style of your kitchen to increase your home value. Upgrade older and outdated systems to avoid problems with your electricity as well. This way you can promise security to any interested tenant or buyer.
Brand new faucets:
It is also important to update taps. It won’t cost much for a simple replacement set, but it could make all the difference for your kitchen.
Brand new benchtops:
Refresh the kitchen with new benchtops. From granite to laminate or even wood benchtops, there are many options to customize your kitchen. Remember to look for options that are easy to care for but with a bit of style, as these are two aspects that buyers and renters will look for when inspecting a kitchen.
Cabinet and door repaint:
If the cupboards look a little old, but you don’t have the time or money to put in new ones, simple paint could make cooking from boring to fabulous. You’ll be amazed at what fresh paint can do for a kitchen.
Brand new modern handles:
After painting, you may also want to get modern handles for the doors and drawers. Look at projects in magazines or browse the internet to find a new style compatible with your kitchen. Like painting, this is a simple and easy method to breathe new life into a home.
Conclusion
There are several ways in which you can make the most of an investment property. One of the main tips is to keep it looking desirable and functional for potential tenants or buyers. You need to know how to play, so to speak, where to spend money and where to dedicate your time and effort in terms of improvements and repairs. You may have to spend a little here and there to come back more in the future – but it’s worth it.
The things discussed above – such as energy-efficient appliances and appliances, a focus on bright attraction, up-to-date care and attention to the operation and style of your kitchen – are just some of the ways you can ensure the value of your property will increase with the market.
4 Ways Investors Can Increase The Value Of Their Investment Property
- Published in International, Market Overview, Real Estate, Real Estate Guide, Real Estate Investments
History of Pakistan Real Estate – Past, Present and Future
History of Pakistan real estate
History of Pakistani real estate is a very important topic if we want to learn the real forces that affect, that affect real estate. Pakistan’s high population and rural-urban migration offer huge investment opportunities for real estate. As more and more residents flock to cities for jobs, real estate prices continue to skyrocket. The real estate sector generates high levels of direct employment and also generates demand in more than 50 side sectors, such as steel, brick, cement, paint and other building materials.
According to the most recent World Bank estimates, Pakistan’s real estate economy contributes 60-70% of the country’s wealth around the equivalent of $ 700 billion. While some other sources suggest more than $ 1200 billion. It is very difficult to estimate the real value of real estate because 80% of the wealth is undocumented.
“The combined direct contribution of construction and housing sectors to the country’s GDP has been consistently higher than 9 percent over the past decade,” – State Bank of Pakistan report.
The old saying ‘as safe as houses is still true. Real estate investing is the safest, and also the most profitable, of investments. Savings give a bad return and while stocks and shares can be much better, is it worth risking when your money could be wiped out overnight? So the smart investor knows where it is most profitable.
The Birth of Pakistan Real Estate Market
Pakistan’s economy has always depended on real estate. Since its inception and independence, socioeconomic urban migration has prompted demand for comprehensive construction projects. As more and more people moved from villages to the city after independence, real estate investors took on the need for housing and infrastructure to support the new residents.
The growth of the real estate sector as an industry in Pakistan was started by Karachi. The real estate in Karachi existed even before the independence of Pakistan. It began with the construction of buildings by barons and the sale of plots was very rare.
Bad policies and lack of pre-planning have only added to land premiums in urban areas. Where once political instability and lack of government oversight, often crashed the market. With more government regulation, prices are more stable and have marked a long period of consistency.
The 1950’s to 1980’s
Karachi saw the first influx of urban migration and a slow and steady increase in real estate. Karachi South district has become the backbone of Pakistan’s real estate industry. DHA Karachi was created in the 1950s and took control of good investment returns for reasonable prices by gaining further momentum in the 1960s.
The market continued to grow with Bhutto’s introduction of an Amnesty Scheme in 1973, which created real estate. However post-election riots and a catastrophic flood in DHA then shattered the market in 1977. In the same decade Lahore Cantt cooperative society, later DHA Lahore is created.
After a bad economic start of the 80s, international attention was focused on Pakistan with the start of the Afghan War. The war attracted moral and financial support from all over the world, which strengthened the market until the sudden death of then-president Gen Zia ul Haq in a plane crash in 1988. The ensuing political uncertainty fell back on the market.
The 1990’s
The 1990s played a very important role in the history of Pakistani real estate. 90s founded the foundation of real estate as we see it today. It began with a slow recovery and house prices prospered from 1992 to 1994 at an average rate. The smart investors understood the true potential of the real estate purchase. The purchase of business plots began to attract people from all parts and newer companies emerged.
After a few years of slowdown, it picked up again in the middle of the decade, only to be hit by the catastrophic rains and powerful crisis of 1997. This recession lasted until 2001.
Without some proper regulations and taxes, real estate has become the biggest tool in Pakistan in the 90’s and 2000’s for those who aim to invest undeclared money.
The 2000’s
Property began thundering after the 9/11 incident, breaking all previous records. However, the bubble burst before 2005. Overflowing prices ensured that the majority of the population could not afford to own their own home. Much of the boom in the 1990s and 2000s is attributed to the participation of white-collar buyers, tax-free and undocumented money. The difference between the DC values and real estate has grown numerous during this point and has resulted in real estate a hot spot of undocumented money. In some companies, the DC values did not even represent 20% of the actual values of the asset. This made it easier for people who wanted to invest untaxed sums in real estate. The huge investor resumes also to ensure the continuation of the trend.
The Government failed to take appropriate action either out of negligence or slowly. Pakistan’s real estate has become a tax haven and speculative plot trading has become the most preferred investment.
The 2010’s
After a slow recovery from overpricing, the market rose again to surpass all previous records in 2013. Later in the same decade, we saw profitability reach new highs by the end of 2015. In 2015, investment in residential houses (apartments, houses and vacant plots) increased at five to seven percent, while in commercial property (including stand-alone shops, showrooms, retail and office space), there was an increase of 15 to 20% across Pakistan, despite the Capital Gains Tax, Capital Gains Tax and Stamp Duties in the Federal Republic Budget 2014-2015.
In 2016, everything changed as the federal government approved an amendment to the 2001 Finance Bill to try to regulate the market with rates approved by DC. The Finance Act 2018 introduced important measures to minimize cases of use of the real estate market as a way to avoid taxes as well as money laundering. This was an effort to counter unregistered and undocumented investments but actually slowed the market. The Government has begun to increase DC values annually to close the gap after years of rampant growth and tax fraud.
Because no government has taken action for years, much of the documented white economic investment has fallen into the gray economy. Instead of investing in the manufacturing industry, investors shifted their investments to unproductive plots trading, and investors ’money eventually stalled.
In addition, the record appreciation of Dollar against PKR in 2018 & 19 has lowered the market at least 50% from its 2015-16 high.
Conclusions:
All over the world the real estate industry generally follows a steady growth rate of 5 to 8% per year. However, while studying the history of Pakistani real estate we found out that during bullish trends the figures swell up to 40 to 60% growth rate per year. So why this? Well, when we analyze the historical data, the reason becomes obvious. The periods of recession are a direct result of over-pricing. The patterns of market trends have remained the same over the 43 years of Pakistan’s 69-year history of real estate. There is usually a period of 4-5 years between the peak of the recession and the peak of the boom. The proportion of average price increase per year in populated areas is 4 to 5 percent. However, for uninhabited areas, this is about 9 to 10 percent.
When a recession begins, prices in populated areas usually fall from 0.5 to 1 percent and the prices of unpopulated areas fall to almost 5% or even up to 50% of the previously increased price. The inhabited areas represent the real end-user market, while uninhabited areas have become a hive of speculative investment.
The uninhabited / under-developed areas such as plots or files more or less acted as stocks, showing a lot of volatility. On 3 different occasions in the last 2 decades, they have given unprecedented gains, but over a long period of time, they have shown either zero or negative growth. Residents or developed areas remained stable overall and combined with rental income, they probably gave better incomes in all circumstances.
The Government has maintained a policy of “no questions asked” about the source of capital, and for decades the sector has remained the ideal place to park black money. This has led to the creation of a real estate bubble with artificial price increases and a widening gap in supply demand in the housing sector.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
History of Pakistan Real Estate – Past, Present and Future
Should Private Investors Consider Company Purchase for Selling?
Investing in real estate can be a risky venture but also a profitable one. As long as you make the right phone call when you invest and sell, you could shave quite a lot of wealth this way. What are the right calls, though?
One option you can consider when changing property is with a house buying company. An increasing number of homeowners are going in that direction selling because such companies provide fast sales with instant cash. However, does that mean they are a good idea for investors?
To better understand whether you should sell to these money-buyers, it is worth looking at some of the pros and cons.
Easily one of the best advantages of selling to a company buying a house is that you can make quick money. They usually have everything arranged within 1-2 weeks, which means that if your finances aren’t too hot, they can really change. This is on the condition that they are legal, of course, and not used fraud tactics.
This can be useful if one of your investments proves to cost more money than it is worth. If you cover payments like services, mortgage, common tax, etc. because you have no occupants in the property, you could be bleeding money. The longer you keep that house, the more it will cost you without returning an investment. You either need to house a resident there (which could take months) or consider selling the property to someone else. In that case, a buying company is obviously best because of how quickly they do business.
When you invest in real estate, you do it because you believe it can earn you money. The cost of buying the home should eventually be covered and then some, leaving you more prosperous than before.
Unfortunately, when you sell to a company buying a house, the likelihood of this happening decreases. Indeed no fast selling company buys a property for what it is worth. This is the compromise that delivers the home for quick cash.
Of course, if an investment turns out to be empty in your bank account, then selling that way can save you money in the long run. Ultimately, even if the company buys it from you at a loss, you are no longer wasting money on a property that is damaging your finances.
You Can Eliminate Bad Investments
Not every investment is good. Unfortunately, you don’t always realize this until it’s too late, which obviously disadvantages you.
If you own a property that seemed like a better investment than it actually is, selling to a fast-selling company could be a great way to recover. This is especially the case if you go with Housebuyers4u who are not discriminating against what they take away from your hands. They don’t care what the building is like; they will still pay you for it, so they are one of the most reliable companies that buy houses in the UK. That’s a good memory if an investment looks worse for wear and tear and you don’t want it to damage your portfolio.
You Help Potential Competitors
At their core, real estate investors and real estate companies are performing very similar goals – both buying houses with the intention of raising money through them. The latter may be more inclined to sell these properties, while investors sometimes demolish or convert them. However, the desire to profit is still the same.
That’s why a real estate investor might raise the question of whether selling to a home buying company is right for them. If you feel too profitable to a competitor, you may feel more comfortable exploring other options.
You Avoid Property Sales Chains
How often have you tried to change a property, only to be stuck in a house selling chain that needs to be solved for too long? It can be frustrating when your buyer is unable to compromise with you, but they are in the same position as you, as is the person they are trying to sell to, and so on.
Depending on how far the chain extends, it can be months before all sales go through, so far this investment has proven to be more of a problem than it is worth. In addition, there always exists the risk of the chain collapsing, which obviously puts you back to the first.
To avoid this destruction, you may be better off selling to a home-buying company from the start. There is no chain to deal with there, which means you can avoid the hassle of waiting longer than necessary to sell.
It is not clear, yes or no answer as to whether or not a real estate investor is selling through a buying company. It all depends on individual situations, although it is clear that there are certain advantages to going this route.
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Should Private Investors Consider Company Purchase for Selling?
Best Color Schemes For Bathrooms in Pakistan
Design a colorful bathroom with styles that really speak to you. It’s important to create a space that increases your energy and offers you a quiet rest from your busy schedule, as it’s the room for which you spend time getting ready in the morning and getting ready for bed.
Consider customizing your color scheme and decor if you want to create a new look in your bathroom, but want to avoid a complete interior overhaul. Without an excessive budget, a few quick adjustments will produce a whole new vibe.
Bathrooms can challenge a lover of home design, they are an expensive renovation proposal for most of us with a budget, and it can be difficult to justify a remodel if everything works. But how can the room be decorated? It can make all the difference in how much you enjoy your bathroom … and the good thing is that you can learn to love your bathroom again, or for the first time.
How To Design Your Bathrooms That Give An Attractive Look
We have hand-picked bathroom paint plans that will help transform your space if you are looking for inspiration during the remodeling process.
WHAT YOU CAN DO WITH A WHITE COLOR SCHEME
Pale blue and white
It is wet, traditional and absolutely serene. Pale blue and white as a combination of colors, I mean. It looks great as a bathroom color scheme, especially when brightened by some natural light. (And we can’t help but fall in love with the claw-foot tub with toilet!)
Red and white cherry
A cheerful and bright way to add spunk to an otherwise white bathroom is to add bright red wall tiles and red bathroom mats. The color scheme is hospital-esque, probably because it produces a clean and germ-free appearance.
Kremblanka
Traditionally bathrooms were not very bright spaces; traditionally in the sense of decoration/color, they did not seem to attract much interest. If your bathroom is a conventional model, you may enjoy keeping the color scheme, creams and whites very neutral. The look is not only new, but it is also light and bright.
Amaranth and white
Right now, it’s just a warm color, and with good cause. It’s not a peach amaranth, it’s not red, but it’s a nice, rich cross between the two, not too cool or too masculine. We love the unexpected coordination of the cabinet doors and the shower curtain.
Mint and white
Mint and white are fresh and unmistakably cheerful, making a beautiful color scheme, especially in tiny bathrooms, where every square inch matters. A small-scale wallpaper print in the paint scheme destroys the unity of the walls and leaves the room feeling larger. And added to the fresh appeal are side silver and white lamps.
WHAT YOU CAN DO WITH OTHER COLOR SCHEMES
Wood look
Mix a more luxurious bathroom, a double-tap tub and a linoleum floor with a rustic look. To round out the room, play with the natural tones of the forest with oats and brown paint. With this rich color scheme, white and silver accessories augur well, so the natural browns can be mainstream.
Turkish and green apple
One wall of drawn wallpaper in the middle bathroom is enough to dare an ad. For a one-color paint palette, neon green contrasts with turquoise and soft blue. Although white accessories brighten the room, the rustic wood vanity brings character to the room. The flower-designed wall can be imitated by the circular mirror and make the room larger. Ideas like these for bathroom remodeling are perfect for a guest or teen bathroom.
Clear Green Relaxation
You can include your liking for nature in other aspects, including even if you don’t have wide windows scaling your bathroom wall. The natural look will be exuded from stone or wood, while mint green and white colors guarantee a soothing feeling. These square sinks work well in rectangular rooms and panel windows, and clean lines will help repeat the modern theme you’re aiming for.
Thanks to the generous use of warm, earthy tones, this rustic traditional townhouse bathroom style immediately looks friendly and attractive. We appreciate the fact that brick tile varieties are used so as not to overheat, and with occasional doses of pine woods, things break down.
Gray love
Neutral colors, such as gray ash, give a soothing feel to your bathroom. A welcome contrast can be provided by mixing the gray walls with whites and browns. Install a separate tub, shower and sink for a completely luxurious touch and complete the look.
Tangerine Vibes
When it comes to color, don’t be afraid to illustrate your artistic hand. This mandarin orange and white bathroom combination gives a space full of flavor. To replicate this look, you can paint your favorite style or use wallpaper, just make sure to contrast the top with a solid color panel under the chair rail to match it.
Chocolate and cream
No, we don’t just care about ice cream sandwich ingredients. The rich tones of a chocolate brown bathroom make an even smaller space feel spacious and comfortable at the same time. It is a smart choice to separate the brown expanse with a geometrically designed bathroom rug, as well as the use of colored cream tiles between the mirrors.
Strong contrast
Various interiors have a lot of character and present options to mix textures, finishes, shapes and colors that would otherwise overlap and look less good together. To create a unique design, strong rustic accents can be complemented with clean and minimalist contemporary elements. This bathroom, for example, has an elegant oval tub and high-end chandelier, but in general, the walls, ceiling, doors and surroundings have a durable look.
Advantages Of Using Paint As The Core
- If you don’t have proper ventilation, paint can eventually leak out
- Easy for anyone to use
- Usually more affordable
- Easier to change along the way
Advantages Of Using Tiles As A Core
- Easier to clean
- Grout may need to be replaced over time
- More lasting
- Usually associated with higher quality
Wrapping It
Remember that the whole feel of your bathroom can be changed with different colors. For example, a warm pitch will emit yellows, reds, and oranges; while blues, greens and purples will help a bathroom feel more relaxed and cooler.
If your bathroom decor has a natural theme with materials like wood and stone, you can use warm colors. If you have a nautical or ocean-inspired bathroom, cool colors are ideal. You certainly have a favorite shade, but that doesn’t necessarily mean it’s on the walls of your bathroom. Put some effort into the color of your bathroom and you will be forever happy about the result.
Meanwhile, if you want to read more such exciting lifestyle guides and informative property updates, stay tuned to Feeta Blog — Pakistan’s best real estate blog.
Best Color Schemes For Bathrooms in Pakistan
- Published in Bathrooms, Construction, Decoration, Design, Design Gallery, Home Decor, Real Estate, Real Estate Trends
Space-Saving Ideas for Small Studios Under 30 Sqm
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Living comfortably in a space of less than 30 square meters requires some creative thinking, and this pair of studio designs have space-saving ideas that are sure to inspire. Each of these two unique small home interiors includes playroom tailored furniture that allows you to use the floor layout completely new. Home design number one has a tailored cube of the living room and bedroom furniture in one – no conventional sofa bed visible – and storage space is plentiful but unseen. Our second home design brings many closets in which an entire bathroom is hidden, and built-in bookshelf ears in a multi-level bedroom with a unique home workshop.
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Space-Saving Ideas for Small Studios Under 30 Sqm
- Published in #architecture, #interior design, architect, architectural wonders, Architecture, Decoration, Design Gallery, DIY, Furniture Design, home building, Home Decor, house, house decoration, house design, house renovation, House Tours, interior, Interior Decoration Ideas, Interior Design, International, Investing In Best Deals, Investment Tips, Investments, small space, under 30sqm
About Gutters: What You Need to Know
Gutters are often the most ignored parts of a rental house. Although they have simple designs, they help protect your property from any major water damage. So, with this important work, it is best to learn more about drains and how this system affects your house.
Basically, drains collect rain from the roof. Whenever it rains, the water rolls down the slope from the roof to the gutters. Like the rainwater pools, it travels through the drainage system from your rental home to your downstream, which carries water from the drains to the base of your property. Typically it is deflected to protect your foundation and basement from flooding and other water damage.
Drains Vary In Materials
Whether you are planning to install a new drain system or replace your current drains, one of the things you need to know is that drains have a variety of materials.
Some of the popular materials of which most drains are made of vinyl, copper, steel and PVC. Cast iron gutter is also a common option nowadays due to its affordability and durability.
To make the best decision on which materials are a good choice for you, you need to explore their pros and cons. This way you can make a well-informed decision about what kind you need to install in your rental property that would best serve your tenants. If you are still confused with the options available, never hesitate to ask for professional help.
Cleaning Your Flute is Important
No matter what your cleaning time is each season, cleaning your playground’s drain system should be one of your priorities. Don’t just rely on your tenants ’schedule or initiative to clean it up. Remember that keeping dirt or debris away from your drains is important to protect the structure of your property and prevent costly nuisances in the future.
There are other reasons why it is necessary to clean drains, especially if you own rentals. These include the following:
Reduce The Risk Of Cracked Foundation:
If you have clogged gutters, the water can build up around the foundation of your home, which can crack your foundation after it freezes and expands during the winter season. As a wolf owner, you don’t want something like this to happen because that would mean significant repair costs.
Save the Plagues:
Clogged street gutters with leaves can be a desirable home for birds, rodents and insects. If you want to keep the pests at bay to prevent them from damaging other areas of your rental, make sure your drains stay clean.
Protect Your Precious Roof:
When rainwater continues to flood, it can leave a leaky or rotten roof. Once your roof has suffered water damage, it may cost you a lot to repair it. So, if you don’t want to spend more for roof repair because your tenants have failed to take care of your drains regularly, be sure to include them in your cleaning routine.
Prevent Water Damage:
Once your showers and drains are blocked with debris and leaves, rainwater may not be properly suited. As the water overflows from the drains, it can result in water damage both outside and inside of your rental property.
Save Money:
Rain and runoff can help prevent costly and unexpected roof or runoff repair services. Taking some preventative measures can help reduce the likelihood of having to replace or repair your roof.
Protect the value of your rental property:
Drains are one of the parts of your rental home that will enhance the aesthetics of your property as they are easily visible. Poorly maintained drains can fall off, and the overflow can stain fascia boards. Such problems can diminish the integrity of your structure. In addition, clogged drains can decrease the rental price you can charge for your property. They will also cause problems if you intend to sell the house in the future.
Considering that reason, it’s important to clean your drains. Repairing them will improve how the roof looks, improving the potential rental prices of your rental home, overall value and brake appeal.
Should You Hire or Hire Professional Gutter Cleaners?
Because cleaning drains is a simple task and can be a part of anyone’s home care checklist, it is also a good idea to do it on your own, which can let you enjoy savings. However, if you have a busy lifestyle and hectic schedules like most wolf owners or investors, it would be best to hire professional street doctors.
The best thing about hiring experts is that they have the proper equipment and tools to properly clean your drains. They also have the knowledge and expertise to provide proper care and maintenance for drains. So, if you have extra money for your budget, it is worth spending on professional solutions.
Conclusion
Gutters are essential as they protect any house from water damage and rain. Without a good drainage system, rainwater will collect in your roof, which can cause mold, deterioration or rot. It will weaken the shingles, fascia and ceiling. So make sure you choose the best drain system suitable for your rental property. Don’t forget to provide proper care and maintenance to extend its lifespan and better serve current and future tenants.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architrcture, Lifestyle and Interior Design.
About Gutters: What You Need to Know
- Published in #architecture, build, building plan, Construction, gutters, home repairs, International, Real Estate, Real Estate Investments, rental property
Key Points For Buying a Property On Installment Basis
PRACTICAL TIPS FOR BUYING GOOD IN FACILITIES
Here are some of the important points to consider if you are looking to buy a property according to the transfer plan.
– Detailed Research
– Evaluate the Place
– Double check Laws
– Stay Informed
– Obey the Rules
Detailed Research
One of the initial steps before investing in real estate is detailed research. You need to carefully monitor the local property and the average price trends for the type of property you are buying. This is one of the basic tips for buying a property through a transfer plan.
You need to have an idea of the current real estate prices of the local market, it helps you avoid overspending while you are getting a free deal. You can always check out faizanbarai.com to check out the popular newly launched and upcoming projects in the real estate market of Karachi.
Almost all newly launched real estate projects offer convenient floor plans. It gives you the opportunity to compare different projects according to your budget and preference. You need to check the facilities and amenities and other factors that add value to your investment and consider each option accordingly. All of these steps are essential before finalizing your decision.
If we emphasize facilities necessary for contemporary living, the housing project in which you intend to invest must offer 24/7 service supplies, security and well connected with the city. If you are interested in investing in an apartment, you need to make sure that the project offers elevators with a power reserve, especially if your chosen apartment is located on the upper floors.
The latest projects also offer amenities such as indoor recreational activities, a dedicated space to spend free time, and selected parking spaces.
Evaluate the Location
Choosing a location for your investment is the most crucial step of the whole process. There’s a good chance that your chosen location may not meet all of your preferences, but you still can’t compromise on location. Therefore, always buy property according to the delivery plan, which is located in good surroundings and well connected with all the main roads of the city.
We recommend that you never invest in real estate if the location is not right for you. No matter how timely and reasonable the payment plan is, the wrong place will not only negatively affect your living, but will also affect your property value.
Double check Laws
We have seen many large-scale repressions against intrusions and illegal housing across the country in the recent past. That’s why it’s so important to make sure the property you’re investing in for free has no legal issues. Always double-check the background and legal status of the project before investing.
If you intend to invest in Karachi, you can always check our website to be informed about legal and illegal housing projects in the city.
Find Out About Latest Developments
Keeping you up to date on the latest events related to your project is necessary to make an investment for free. You need to pay attention to developments like voting, handling, possession, and so on. Builders also offer different privileges like discount offers and special waivers to investors. Therefore, to take advantage of such opportunities, you need to be enthusiastic.
Obey The Rules
To make things easier for your delivery, you must follow rules and regulations. You need continuous interaction with the builders and frequent visits to their offices to document all transactions. Always keep every small transaction about documents. You should receive every receipt payment as a secure side to avoid any inconvenience in the future.
If we talk about the payment structures, the down payment is usually about 10 to 15 percent of the total assets you have to pay initially. Then you are entitled to either pay monthly, quarterly or biennially. It all depends on your payment plan. You need to make sure that you follow rules and guidelines and that there are no payment deadlines. It helps you to achieve timely ownership and maintain a good reputation as a real estate investor.
So here are some of the key aspects we’ve collected today. We hope these points help you plan your investment in real estate. If you have any questions or confusion about purchasing a property through a delivery plan, please contact us or write in a comment section.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Key Points For Buying a Property On Installment Basis
Answers to Commonly Asked Real Estate Questions
Unlike Pakistan, many people in foreign countries sell and buy property through lawyers. Hiring a lawyer yourself is a very mobile process, but ultimately it reduces the risk of fraud and helps avoid legal complications. We in Pakistan rarely go to lawyers for property. We either do it ourselves or do it with inauthentic real estate. This practice leads to fraud and illegal deals many times over.
The real estate gurus always recommend involving a practical lawyer to take care of the legalities involved in real estate or at least an authentic real estate agent to completely guide you through the process. This will not only help you avoid potential fraud but will also help you secure your investment.
The number of complications in real estate is very high. That’s why we always recommend our readers to have a basic knowledge of real estate-related things and terminology.
Today we will discuss some of the most frequently asked questions about the real estate market.
1) What is Shajra?
A detailed map of an area with land divided into pieces and each block is labeled with a specific number is called Shajra. Shajra includes all the details of each khasra, such as its size and location.
2) What is Khasra?
Khasra is that particular piece of land of Shajra that has been labeled with a specific number.
3) What does fard e milkiyat mean?
Fard e milkiyat is a registry of rights/registry haqdaran-e-Zameen. It is supported by the government authorities to determine the legal owner of the land and to keep a register of real estate rights.
4) What does Tattima Registry mean?
Register Tattima means additional sales test of hasasra. Means an additional sales test of a particular piece of land.
5) What is Baye-Nama?
The Baye-Nama or Register sales test is the document that creates a title in real estate.
6) What are some laws on the real estate sector of Pakistan?
Some of the laws in the constitution of Pakistan that deal with real estate are the following:
1) Transfer of Property Act, 1882.
2) Land Revenue Act, 1967.
3) Stamp Act, 1899
4) Registration Act, 1908.
In addition, always consult an attorney for real estate law counseling.
7) Can we use the farmhouse as an office space?
It is illegal to use a farmhouse for commercial purposes. However, there is an exception for some companies such as IT services, which can be operated from residential areas.
8) Do we inherit the law in Pakistan?
Yes, Pakistan has several inheritance laws that apply depending on religious affiliations. For example, Islamic personal laws are for Muslims and people belonging to other religions have a hereditary law according to their religious leaders.
9) Can I buy a property in Pakistan as a foreign Pakistani without a visit?
Yes, a foreign Pakistani can easily buy property in the country without visiting Pakistan.
10) Do I have to record the transfer of real estate every time?
Yes, every transfer of real estate must be registered and delivered. It can be done only with a registered sales document.
11) What are the necessary documents to legally own a property?
The only document you need is a document to control the delivery of property in your favor. This may include other documents such as a deed of sale, a letter of receipt and a certificate of sale.
12) What does proxy mean?
A prosecutor is a powerful form, assigned to an agent of the principal to perform an act and deed for and on behalf of the principal. A prosecutor may also receive from person A to person B to appear before the court, tribunal, and authority to complete any real property or transaction. When it is allowed to authorize certain transactions, it is called an attorney general and it must be registered.
13) Can a person with a prosecutor’s hand over property on their behalf?
No, the person who is appointed prosecutor on your behalf has a fiduciary duty to act in your interest and do what you would do yourself, if possible.
14) Can I revoke my power of attorney?
Yes, you can revoke your proxy at any time.
15) Is my prosecutor for life?
A prosecutor can be for life and in that case it will end after death.
16) In which case is a prosecutor suspended?
As mentioned in the previous question, it can be canceled at the death of executioners and it can be canceled by the executioners in his life.
17) Can a mortgaged property be sold?
No, real estate mortgaged property cannot be sold.
18) What is stamp duty?
Stamp duty is essentially a government tax on the transfer of property.
19) Who has to pay stamp duty?
The buyer must pay the stamp duty. However, in some cases, sellers also undertake to pay for it themselves.
20) Which authority holds the country record in Pakistan?
The Department of Revenue of the District Administration is responsible for maintaining land records. They also decide the boundaries of property and possession.
21) How can I sell a property as a co-owner?
You may sell the property as a shareholder, but you may sell only the scope of your share.
22) How can we differentiate a will from a gift?
A will is only after the death of the creator, while a gift can be made for a lifetime. An owner is entitled to give all his property to the lawful heir during his lifetime, but he cannot do the same by will. However, a homeowner may give a will to give a third of his property to someone who is not the legal heir. And if this favor is done for a lawful heir, it requires the consent of all other lawful heirs.
23) What are the essentials of a gift?
There are basically three essentials of a gift:
1) Offer from the donor
2) Acceptance of the person to whom the gift is received
3) Transfer of possession
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Answers to Commonly Asked Real Estate Questions
The Motor City Karachi – Project Details, Location, Features and Prices
The Motor City is a Sheikhani Group-themed housing project on North Karachi Bypass. The project is approved by Malir Development Authority, and it is currently developing rapidly. A project map has already been unveiled, and reserves of residential and commercial plots are being opened with easy installments.
The Sheikhani group company boasts of delivering more than 30,000 units during its 30 years in the real estate sector. The group aims to set new trends in the real estate sector of Pakistan by launching innovative projects.
As the name suggests, the Motor City is planned for car enthusiasts. The whole theme and master plan of this housing plan is designed for the specific category of people who love motorsport and want to enjoy high living standards.
Motor City is ideally located on North Bypass right next to MDA Office. It is located in MDA Scheme 45, and lies about 2 minutes from Dream World Resort and Gulshan-e-Maymar Karachi.
Following is the local map of The Motor City:
Here are some local features of The Motor City:
- Adjacent to Office of Malir Development Authority
- Against Dream World Resort and Gulshan-e-Maymar
- 8 minutes drive from Super Highway
- 15 minutes by detour
- 25 minutes from Jinnah Karachi International Airport
As most new housing projects are being developed miles away from this area, it is, therefore, one of the best housing options in Karachi today.
It is planned to be a luxury housing project with high standards of development and luxurious lifestyles. Because it is a motor sport, the main attraction of the society is its mega sports complex and racing circuit surrounding an entire society.
There are many sports facilities planned by the developers that are specifically designed for motor sports lovers.
Aside from the theme, the main plan of the project is quite interesting. It mainly consists of 4 different elliptical blocks interconnected. Each block has its own commercial market and park in the center.
You can download a high quality pdf map of Motor City below:
The Motor City Map
Here are some salient features of the project:
- Gated Housing Scheme
- 24/7 Security and Surveillance
- Sports and Recreation Facilities
- Parks, Shopping Centers and Masjid
- Provision of all Basic Services
- Underground Electricity and Sewerage System
- Modern Urban Planning
You can download a project brochure below for more details:
Brochure on Motor City Karachi
The company offers different sizes of residential and commercial plots in terms of easy installments. Reservations are available in the first row, hurry up first, so hurry up if you don’t want to miss this opportunity.
Here are the backup details of the Motor City:
Housing
- 125 kv. Yd | 250 kv
- 3-year easy installments
- Fees since PKR 63,091
Business Plots
- 205 kv. Yd | 300 kv. Yd | 400 kv
- 3-year easy installments
- Fees since PKR 217,199
Reservations start from a 30% down payment, while the remaining amount is payable in 36 monthly installments of 12 quarterly installments.
Here are the pricing and payment plans for residential and commercial plots:
The Motor City Karachi – Project Details, Location, Features and Prices
- Published in affordable housing, Area Guides, building plan, Housing Schemes, Investing In Best Deals, Investment Tips, Investments, Karachi Housing Schemes, Real Estate Guide, Real Estate Investments, real estate sector, The Motor City Karachi, The Motor City Karachi Development Progress, The Motor City Karachi Location, The Motor City Karachi Prices
TRC Refines Valuation System for Immovable Properties
ISLAMABAD:
The Tax Reform Commission, led by state revenue minister Hammad Azhar, on Monday, decided to refine the system for valuing real estate, speeding up a process of tracking and tracing in the tobacco sector.
This would also include recommended procedures for taxing small entities involved in the retail trade, reports the Business Registrar.
The meeting discussed the topic of real estate appraisal and informed the participants that using appraisal tables was a tentative proposal and was not a long-term measure to appraise such real estate.
Moreover, from a review appraisal each time, a constant solution for the appraisal of real estate was proposed during the meeting.
The issue of a link between bank accounts and national tax numbers (NTN) for broadening the tax base was also discussed during the meeting.
Therefore, it was agreed to investigate the likelihood of effectively using the data of the National Database and Government Authority (Nadra) to bring potential people into the tax network.
The meeting also accepted the recommendation of the Implementation Committee on Tax Reforms (TRIC) to draft a simplified return form for small and medium-sized enterprises (SMEs).
According to officials of the Federal Revenue Board (FBR), the holding in the pursuit of a track record in the tobacco industry has contributed to a massive revenue loss of 40-50 billion a year.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about architecture, Lifestyle and Interior Design.
TRC Refines Valuation System for Immovable Properties
- Published in ECONOMY, Federal Board of Revenue (FBR), HEADLINES, Investments, Market Overview, MARKETS, Minister of State for Revenue Hammad Azhar, National Database and Registration Authority (NADRA), Real Estate, Real Estate Guide, Real Estate Investments, real estate sector, Real Estate Trends, tax, TAX POLICY, Tax Reforms Commission (TRC), TAXATION, Tips & Advice, Valuation of Immovable properties, Widening tax net
Healthy Real Estate Well-Positioned for Sustainable Growth in a Post-COVID World
The COVID-19 health crisis has had a greater impact on business real estate demand than the Great Recession, as forced quarantines, social distancing, layoffs, supply chain disruptions, unemployment and erosion of consumer confidence put the industry on its knees in 2020 and through the first quarter 2021.
One bright spot in the troubled commercial real estate sector was medical real estate. While office visits for election procedures have fallen, critical care, especially off-campus, has seen an increase as a result of the pandemic, balancing any weaknesses in the sector.
The vacancy rate of the U.S. Medical Office (MOB) was 8.6% since the 4th quarter of 2020, up from 7.8% at the end of 2019. By comparison, the overall vacancy rate for the office sector was 13.2% since the 4th quarter. 2020, sales have resisted extremely well, and real estate investors remain very optimistic in the sector.
“The healthcare sector continues to play a dominant role in the U.S. economy and has shown annual growth for many decades,” notes Martin Freeman, CEO of OrbVest, a global real estate company that invests in U.S. revenues that produce medical commercial real estate. “From an economic and political perspective, Biden’s new management strongly favors expanding health services and benefits and we remain optimistic about the sector going forward.”
Expectations of continued oversupply in the sanitary real estate sector are bolstered by some of the following fundamentals.
1. Structural growth in medical office demand will include, but will not be limited to telehealth
Investors in medical real estate must consider the impact of healthy, economic and economic and strategic shifts. Telesano will be a great driver for healthcare real estate growth and will be complementary rather than competitive. Take a telescopic giant The merger of Teladoc with a chronic disease manager Livongo, for example.
Social distancing, whether popular or not, will be a growth driver for structural and spatial improvements in medical office buildings, as consumers and staff will require modifications to feel safe. Economically, capital conservation will impact real estate, and strategically, labor deployment could be affected. There could be some short-term disruption as we figure out how to take what worked with the “old normal” and integrate with the “new normal”. Let’s not be surprised to see limited capacity, relief or delays in rentals, reductions in numbers based on delayed procedures and more.
However, in the long run, as the sector inevitably adapts and adapts, and medical real estate needs to have a solid long-term growth potential due to changing consumer needs and evolving demographics.
2. Increased real estate demand from the segmentation of wellness and acute care locations
“We see a measurable shift from the hospital as the center of U.S. healthcare,” Freeman explains, “this trend is likely to continue and accelerate in future years.”
This is another backwind for medical real estate partly driven by demographics. The need for preventive and personalized care among millennials and the elderly has already transformed property treatment long before the pandemic. We have already discussed how the aging U.S. demographics seem to directly correlate with increased real estate demand for health services. Providers also understand that both millennials and the elderly value preventive and personalized care. They know that these cohorts want to focus on a long and healthy life for themselves and their families. In addition, seniors now have access to less expensive and convenient care, while young working millennial parents have access to faster and more special care for their children. This worked too well for it not to increase.
However, this trend is not exclusive to demographic changes. Many of these triggers are due to a growing hospital and how complicated they can navigate. A convenient approach along with lifestyle integration looks like a key driver. Hospitals are likely to focus on longer-term hospital care in the long term, opening up a need for additional buildings dedicated to less harsh and less costly facilities in more convenient and easily accessible locations in population centers.
Moreover, with brighter light shining on pre-existing conditions, well-being and preventive care needs have never been higher.
From a real estate standpoint, a future overlay will likely involve a combination of the following.
Increased efficacy of outpatients.
This can be considered a “medical home” model. This may include group primary care and special care in solid locations accompanying services such as imaging, pharmacy and laboratories. This might also require larger buildings with more giant footprints. The most significant suppliers have already increasingly adopted this model.
The growth of “MedTail”
Retail and health real estate both share many common issues, such as the need for high traffic, visibility, neighborhood proximity and parking. A shopping mall is available and affordability is increasing, and health care providers can jump at the opportunity to increasingly relocate within retail centers.
This gave rise to a new segment of commercial real estate – “MedTail”. Retail locations with integrated medical options, such as pharmacies, are becoming more common.
According to a sanitary real estate company HBRE, townships and suburban areas that once had little access to local medical facilities see more options like the CVS Minute Clinic or the Kroger Small Clinic.
In addition, emergency care centers have emerged in retail malls as another offering to suburban residents.
Tether Advisors also conducted a study and found that “nearly 80 percent of private equity, commercial real estate and retail physicians respond that medium-term investment will increase in the coming year and that COVID-19 has strengthened the sector’s outlook.”
Maximize revenue opportunities on one website
Operators can maximize several revenue streams, such as promoting flexibility for different care delivery types at other times. Providers are also more willing to outsource facilities and project management services in strategic partnerships to ensure they get the highest possible value from their property.
This could also create significant real estate due to adjustments that hospitals will have to make. COVID-19 increased the need for sharper space within hospitals and pushed sharper and administrative uses into alternative locations. This has changed the functional mix of hospitals and increased public perception that hospitals are for very sick people. Many short- and long-term approaches affecting medical real estate must be seen here.
Hospitals will inevitably have to optimize their existing buildings and reduce the possibility of contamination by modifying existing spaces and consolidating. They will also have to accept higher acute care while managing contagious risk – even after the pandemic becomes more manageable. Future success for hospitals will also involve embracing the shift to more acute care and facilitating safety concerns within hospital facilities.
3. Medical office investments are a source of pre-pandemic, mid-pandemic and post-pandemic stability
The numbers don’t lie. Medical office buildings (MOB) are loved by passive investors because of long-term leases, stable employment, consistent income, and rental quality.
This active class has a lot of tailwinds blowing favorably for both the short and long term.
First and foremost, these properties have benefited greatly from all the aid in the multiple incentive packages and the billions dedicated to helping small companies. Think of all the independent doctors and small practices that have benefited from the PPP loans. While many tenants struggled to pay rent, most of these medical tenants were quite good. Loans from the federal government required hospitals to maintain employee levels and continue to pay rent for their buildings, and as a result, relatively few organizations had trouble paying rent. In fact, in the worst part of the pandemic, owners of medical offices have collected rent from tenants in the high 90 percent range.
As a result of the relatively low amount of rental delays, there is a strong long-term outlook for medical real estate.
Also, consider MOB fundamentals and occupancy rates. Through approximately 1.5 billion square feet in the United States, MOB occupancy has been remarkably stable. Between the financial crisis and now, MOB employment ranged between 91.4 percent and 92.6 percent. Compare that to the average occupancy rate for offices in the U.S. in that same period – about 82.1 percent to 85.8 percent.
Or maybe you want to consider renting. Due to the high investment in infrastructure required by medical tenants and barriers to entry as rules necessary for surgical centers and imaging, MOBs on average report an average retention rate in the high 80 percent range, significantly exceeding typical commercial office retention.
In addition, despite all the economic headwinds and a downturn in commercial real estate, new outpatient medical construction has remained steadily stable at about 17 to 20 million square feet per year, about 1.8 percent of storage nationally, and well below the national average of 2.1 percent. for a business office.
There is also almost no speculative medical office, as most developers and lenders alike require a 50 percent down payment to launch new construction.
Look at how medical rental growth has also grown. Nationally, average medical office rents have steadily risen from $ 18.28 per square foot in 2012 to $ 21.51 in early 2020. This is a stable 1.5 percent year-over-year gain and a 31.8 percent peak-to-excess return. from a low of $ 16.32 in the fourth quarter of 2008.
Key Withdrawal for Investors
Can medical real estate withstand the downturn in the commercial market? The answer is a resounding yes. “The current challenges facing the global economy, and the potentially aggressive rebound of business sentiment in the U.S., create an ideal opportunity for companies like OrbVest to help investors around the world invest directly in medical real estate in the U.S. and grow their wealth steadily and sustainably,” says Freeman.
Healthcare is changing, our demographics are aging, and if this last year has shown us anything, it is that an adaptable and thoughtful healthcare system is essential for a functioning society. We will see numerous changes in medical real estate and MOBs in the short and long term. But the bottom line is that if you look at the fundamentals, you really can’t find a better long-term investment than medical real estate for stable income streams, quality tenants, long-term rents, and high occupancy rates.
If you look at investment performance after the financial crisis, this supports the fundamentals of the sector. This is an ongoing asset class, changing over time, and a property type that will experience growth a lot in the future.
If you are looking for passive income in real estate, medical commercial real estate offers an extraordinary investment opportunity.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Healthy Real Estate Well-Positioned for Sustainable Growth in a Post-COVID World
Real Estate Investment on Installments vs Cash in Pakistan
Real Estate Investments on Paying Against Money in Pakistan
Real estate investments transferred and real estate for sale with cash are the two options available to you when you plan to invest in real estate in Pakistan.
We can further classify these two options as below:
- Possession plots about money.
- Possession plots of money.
- Ownership Plots in payments.
- Real estate built with money.
- Buildable buildings (houses, apartments, shops) in installments.
Generally buying real estate is a facility for those who cannot afford the prices upfront. However, if you plan to invest, you can use it as well as leverage and invest small amounts to get huge income. So even if you have the money available with you, it may be better to invest smartly and pay in installments.
Fees against Monetary Investments
Before we proceed with the case study, we must first understand the general advantages and disadvantages of cash versus real estate.
Advantages of cash against real estate investments in arrears
- The first is obvious, you can buy a property even if you don’t have the full payment, thus making it easier for you to save and pay as you go.
- You get taxed because real estate prices go up over the entire property and not just for what you paid.
- It usually offers more flexibility, as you can buy more properties with the same money and then liquidate them in part at a profit.
- Buildable buildings (Houses, Dwellings) in parts are usually available at a price less than or equal to similar owned real estate.
- You can take advantage of Dollar appreciation if it occurs during that time period.
Disadvantage of cash against real estate arrears
- Plots in installments may be a little more expensive than in cash. Usually, plot payments cost 10 to 20% more than buying a similar property in cash.
- Buying cash-owned property is safer than investing in property in installments, which is yet to be developed.
The comparison
If you do not have the money, obviously it is your choice, all you have to do is buy a property after the payment. However, if money doesn’t limit you, it’s time to evaluate all the options to find what works best for you.
Possession plots on Cash
When you have money, you can certainly find many opportunities waiting for you in the market. You can also take full advantage of speculative trading and enjoy the market spikes as recently seen in 2020-21 in DHA Lahore.
However, you will not always succeed and some losses are always on the horizon. Buying a plot in a mature area that has already reached its full potential is like putting your money into a gutter.
Landless plots for money
Buying an indispensable property is not very economical as such. The thing is usually that most developers will only offer a 10% discount on cash payments. This is much less in my opinion and it is much better to pay delivery in a period of 3 years than to buy it in cash. Obviously, if the delivery period is less or about a year then it makes sense but not otherwise.
Plots on Episodes
There are various ways you can take advantage of buying plots for free. You can improve your position and invest a lot. As well as speculative trading, you need to form a plan to include:
- Expected appreciation of the plots in the near future.
- How long can you keep the real estate without draining all your money?
- Terrible sales planning for profit/reward.
- Failure plan if your plan does not work.
Everything seems good, yet a problem with such investment is that in underdeveloped societies takes a decade or more to fully develop. However, if you are a smart investor, you may be taking advantage of investment / speculative bubbles within this period.
Real estate built with money
This is always a good option to get a mature property to generate solid cash flows. Rental income in my opinion is the mother of all real estate in Pakistan and in the world. However, many people cannot do it due to financial constraints, as built profits are usually more expensive. That is why speculative investments in plots continue to remain the most popular real estate investment in Pakistan.
However popular does not mean success either. The success rate of people who have invested in rental income-generating real estate exceeds that of those who have invested in plots.
Buildable real estate in installments
In addition to just buying plots, you can also invest in construction projects for payments. These include houses, shops, apartments, etc. Such investments have some additional advantages such as:
- Residences, houses or shopping malls are usually made in places already mature. So technically you are investing in an already mature asset.
- The maturity of a construction project is usually less than that of complete social development. It takes between 3 and 6 years for a construction project to fully develop and mature, which is much better than a society that will last more than a decade.
- The price of real estate is gradually increasing according to a fixed pattern as the construction progresses. It’s easier to plan and profit from an outing.
- The product of your investment is an asset that can be rented out and used to increase your passive income.
The only major drawback I see in this type of investment is that sales are usually slow compared to plots. This is due to the fact that these are usually end-users after a natural gain and do not serve the purpose of part-time investors looking for speculative bubbles. However, this aspect is also improving as the construction trend continues to grow across Pakistan and investors are getting more and more engaged.
The winner won a chicken dinner
The winner in my opinion is construction projects in installments followed by rental income-producing real estate in cash. The thing is, real estate adds capital gain in access by about 50% during its construction. In addition, the end result will produce a property that generates cash flow as opposed to plots and you will not fail to raise money as so many people did between 2016 and 2020 who invested in plots.
The past has taught us one thing, conspiracy investments in Pakistan have long periods of zero to negative growth. If you get stuck in one, you’ll have to wait half a decade before you can even think about liquidating your asset.
The secret to our success is the loyalty and trust we share with our investors, we win when you win.
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Real Estate Investment on Installments vs Cash in Pakistan
Unconventional Pink Interiors To Add Quirkiness & Colour To Your Day
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Untraditional, pink and full of fresh and fun ideas, these three rising modern home interiors will inspire a whole new way. The minimalist mindset will love the number one home, where pink micro cement floors bring the sweet color accent, and pop-up posters add a weird personality. Admirers of classic elegance will love the crown molded basement and pink combination of home interior number two, which features steel glass wall bedrooms and kitchen projects and a vibrant accelerating theme. Our ultimate featured home interior is a must for color enthusiasts who love to add a bold pattern and texture into a mix of multifunctional spaces.
At the entrance, creek paint colors a rich first impression.
Our final home design is a unique melting pot of color, style and texture. A stained carpet unfolds under the living area of an open plan. A pair of nesting round coffee tables dot the center of the space, creating a fun coordinating theme with the floor covering. A sculptural geometric shape attractively encloses a “cube” bathroom.
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Unconventional Pink Interiors To Add Quirkiness & Colour To Your Day
4 Advantages Of Installing Tankless Water Heaters In Your Next Flip Home
A house reversal is a process in which someone buys an old house that needs extreme renovation and renovation, and then resells it for a higher price. When it comes to home throwing, you need to make sure that you come up with a good quality home so that you can attract more people to look at and eventually buy your property.
One of the best things to add to your next flip home is a tank water heater. A water heater has become necessary for those who simply cannot find comfort in showering with cold water. A water heater is also ideal for operating your dishwasher. With that, you need someone reliable who can install tankless water heaters in your homes, such as CE Pipe and Heating.
Moreover, listed below are the advantages of why you should install without tank water heaters in your next home.
1. Saves Space
When you go home, you may save as much space as possible so that you can use the extra areas for additional features. These could be added storage space, a sink or even a work table.
When targeting a traditional water heater, you may have trouble using the area because you need to consider the tank space. With a tankless water heater, however, you can save a lot of space, as you will only need to install a device on your wall. With the saving space of an invariable water heater, you can fully utilize the extra space into something more useful that could add value to your thrown home.
2. Saves Energy
Without a tank water heater was very popular because of its energy efficiency feature. It only heats water on demand, instead of storing a large amount of water inside a tank and heating it throughout the day.
Because without a tank water heater is cost-effective, potential buyers would be more interested in your home because they know they will save a lot of money on energy costs. Without a tank water heater uses energy only when you turn on the faucet or the shower cap, so it doesn’t continue to work even at night.
Every home buyer would like to save money, especially when it comes to reducing their monthly service bills, as they are the main culprit as to why monthly expenses cost more. With a tankless water heater, they can dramatically reduce their electricity bills from 8% to 50%, depending on usage.
3. Promotes Excellent Farm
If you go home and you were unable to sell it immediately than anticipated, you may want to purchase items and features that are sure to increase the value of the property. With high-quality items, you can be sure that your property would still be in the best shape even after so many years.
Without a tank water heater, it can last up to 20 years, twice as long as the conventional water heater models. Along with that, a tank water heater also gives a long warranty, so you can guarantee that you will have a reliable water heater in your home that you can quickly repair after it has developed damage due to wear and tear.
That’s why you need to buy your tank water heater from a company that has been engaged for years so that you can guarantee that they will serve you well when you need to ask for your warranty claim only if your water heater is not working properly.
4. Promotes Comfort And Comfort
Everyone wants to buy a home where everything is convenient and comfortable to use. While a water heater can help provide an adequate amount of heat while you shower or take a hot and relaxing bath, it will be best if you can get hot water on demand, so you don’t have to wait too long if someone has already used heated water in front of you.
Conclusion
A tankless water heater provides many great benefits for every homeowner, especially for those people who want easy and economical features. If you are a house pinball machine, it will be ideal if you get what most people want so that you can increase your chances of selling your house quickly.
Without a tank water heater can be one of the home investments that will pay you back, even for the new homeowner.
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