Relaxed Curves Wrapped In Mellow Monochrome Decor
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Relaxed curves and light, soft monochrome decor make a smooth minimalist statement through these two quiet modern home interiors. The laconic color palette presents clear spaces for a clear mind where one can indulge in deep thought and meditation, or enjoy deep conversation without the distraction of abundant color and tense linearity. Huge windows fill these elegant home interiors with blissful sunlight that falls softly on curved furniture silhouettes, huge round living room rugs, subtle decorative vases and architectural arches. Creamy, minimalist living spaces and bedrooms form a cohesive calm everywhere, gently lit by perimeter LEDs. Uber’s sleek modern fireplaces provide a welcoming, comfortable flare.
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Relaxed Curves Wrapped In Mellow Monochrome Decor
9 Real Estate Investment Tips for 2023
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
-Franklin D. Roosevelt
This quote perfectly summed up the advantages of investing in real estate and for all the right reasons. Real estate is said to be one of the most lucrative investment opportunities around the globe and, Pakistan is no exception.
In Pakistan, real estate is considered to be one of the most common and widely practiced investment opportunities. Every year, millions of people invest in real estate because of its benefits and financial rewards.
Why Should You Invest in Real Estate?
And, we will tell you why you should invest in real estate.
We have jotted down some of the pointers that will help you understand the advantages of real estate investment in depth.
Real estate is one of the best investment opportunities out there because of the following reasons:
- You get full ownership of the tangible asset.
- You can easily mitigate the risk associated with real estate by being strategic and informed about the latest real estate market trends. In short, it is easy to predict the real estate market.
- Property owners get certain tax relaxations on their property.
- Real estate comes with stability. Unlike other investment opportunities such as stocks, real estate investment is stable and prices appreciate over time.
- You have control over your investment and you do not have to rely on external sources to manage your property.
- Real estate does not get affected by severe economic conditions. In short, real estate ensures safety from inflation hedge.
- There are multiple uses of real estate. You can use it for accommodation, renting, reselling and leasing.
- Real estate faces less market volatility in terms of prices and risk.
- Real estate yields a high rate of returns.
If you are planning on investing in real estate make sure to know the pros and cons of investing in real estate and tax on property.
Things to Consider Before Investing in Real Estate in 2022
Before making any kind of investment in real estate, do consider the following factors:
- Diversified Portfolio
- Credibility
- Customer Base
- Transparency
- Safe and Secure Investment
- Location
- Research about Market Trends
- Installment Plans and Down Payments
- Money-Back Policy
1. Diversified Portfolio
In real estate, there are high chances of portfolio diversification. It means you have many opportunities to invest in. You can invest in commercial properties, residential properties, and industrial areas and vice versa. Check out factors affecting the real estate market.
It is important to know about the different real estate options and how you can use them to reap financial benefits.
For instance, residential properties can be used for accommodation, rentals and bread and breakfast services. On the other hand, commercial spaces are solely dedicated to business and commerce.
2. Credibility
Before investing, always consider the credibility and records of the real estate company. Make sure that their product offerings are approved by local developmental authorities. Also, ask around and try to know as much as you can about the company.
Also, if they have an online presence, visit their social media accounts and read the customers’ reviews.
3. Customer Base
Try to contact the people who have been the customers of that specific company. Ask questions and try to grasp as much knowledge as you can.
Sometimes, others can provide you with valuable insights as well. So, listen carefully and try to gain as much knowledge as you can.
Also, the ratio of the customer base is crucial because it tells you about the success rate and credibility of the company. The higher the customer base, the higher the worth of the company.
4. Transparency
Transparency is the most important element in real estate. It ensures the validity and reliability of the company. Before financing any sort of real estate project, make sure that the operations and processes of the company are clear and transparent.
There are many real estate agencies out there that do not ensure transparency. For instance, they will not inform you about all the costs associated with the property such as maintenance costs vice versa.
5. Safe and Secure Investment
Before investing, make sure that the investment is 100% safe and secure and that there are no hidden terms and conditions attached to your purchase. By safety, we mean that your money will be safe with the company and your money will not get blocked in any way possible.
A good investment is secure, gives you ROI and has high liquidity. If all these three elements are present in your investment, you are good to go.
If you are looking for transparent and secure real estate projects within major cities of Pakistan, we suggest you have a look at the following projects:
These projects are located at prime locations, making them stand out from the crowd. If you have low capital, don’t worry, because you can still invest in these lucrative projects. You can invest in these projects from 17 lacs and onwards.
The best thing about these projects is that they will provide you with annual estimate gains and a money-back policy.
6. Location
The location of your investment can make all the difference. For instance, if you are investing in a shop in a commercial hub, your chances to benefit from the investment may improve by many folds. Similar is the case with residential properties. Residential properties will not only ensure a good resale value but they will also yield good rentals. Checkout invests in a shop or a house.
7. Research Market Trends
The State Bank of Pakistan (SBP) reported that the construction and housing sector has been consistently higher than nine percent over the past decade.
It is crucial to be informed and up to date with all the latest market trends and news. It will not only allow you to make a better and more informed investment decision but it will also help you to become a risk aversive.
8. Installment Plans and Down Payments
Many real estate projects sound lucrative and attractive. However, they may come with a high price and risks. For instance, some firms have very rigid installment plans. Look for projects that offer you flexible and easy-to-pay installments.
Also, be clear about the down payments. Usually, if you pay a larger down payment, you will have to pay easy and manageable installments and your number of installments will also reduce.
9. Money-Back Policy
Not all real estate firms offer a money-back policy. However, Feeta.pk Pakistan’s smartest property portal offers a money-back policy.
It means that if you think your investment purchased by Feeta is not making money, you can always sell it back to the company. Feeta is providing real estate investment solutions. No one offers such services in Pakistan where you get a secure and transparent investment opportunity with a money-back option.
These are some of the factors that are of pivotal importance. Make sure you consider all of these before making any kind of investment.
If you want to know more about real estate like 1 marla to square feet follow real estate podcasts, real estate books, real estate YouTube channels, and real estate blogs.
If you have any questions or confusion, let us know. We will be more than glad to help you out. Get to know the top insurance companies in Pakistan.
Disclaimer:
None of the information published in this article should be constructed as investment advice. We strongly advise our readers to always do their due diligence before investing in any project. It is the reader’s responsibility to know the laws regarding investments in their region.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Pakistan Real Estate.
9 Real Estate Investment Tips for 2023
Essential Land and Property Laws
Land and property; two reciprocal terms
Land and property are two terms that are interchangeable and often come together. Property can be defined as a thing that is owned by a person; it can be tangible and intangible or movable or immovable. Let’s make it more simple and define it as having a legal title over something considered to be your property. Land and property together are explained as a piece of land or real estate owned by a person under legal laws.
What is the difference between movable and immovable property?
Between movable and immovable a variation is drawn in Pakistan, immovable property is defined as the things that are attached to the earth. ie buildings and land plus the benefits that are to come from land or anything that is attached to the earth but under the laws, grass, crops, and machinery embedded in or attached to the land. Considerable movable property is defined as anything that is not included in immovable property is movable property, therefore, the definition of movable property is given about immovable property.
What is the definition of land in Pakistan?
Not only Under the constitution of Pakistan 1973 but also other laws related to land, property rights are protected and have always been brought into notice. Articles under the constitution of the Islamic republic that focus on property rights are articles 23, 24, 172, and 173.
Let’s have a look at these important articles that explain land ownership in Pakistan.
Article 23 of the Constitution of Pakistan:
Under Article 23 it is stated that “every citizen shall have the right to acquire, hold and dispose of the property in any part of Pakistan, subject to the constitution and any reasonable restrictions imposed by law in the public interest.”
Article 24 of the Constitution of Pakistan:
About the acquisition of private property article 24 makes the following statement. “No property shall be compulsorily acquired or taken possession of saving for a public purpose, and save by the authority of law which provides for compensation therefore and either fixes the amount of compensation or specifies the principles on and how compensation is to be determined and given. ”
Article 172 of the Constitution of Pakistan:
In article 172, it is stated that “any property which has no rightful owner shall be located in a province, vest in the government of that province and every other case, in the federal government.”
The article simply means that firstly, minerals, land, and other valuable things that are within the continent or beyond territorial waters of Pakistan come under the ownership of the federal government, and secondly, natural gas and mineral oil that is found within the provincial territory shall be equally divided amongst the federal and the provincial government.
Article 173 of the Constitution of Pakistan:
The last article that talks about the protection of land and property laws, article 173 states “the federal and provincial government can grant, sell, dispose or mortgage any property that vests in them. These governments can purchase or acquire property. All properties acquired for the federation or of a province shall vest in the federal government or the concerned provincial government. ”
In Pakistan, the land is divided into three basic categories; private owned land, state-owned land, and village common land.
Private owners of the land have all the rights to gift, sell, exchange or even dispose of their private land to whomever or however they want but by the legal rules and regulations.
State land is also known as crown land ie Sarkaari Zameen is the land that is under the control of the government, Federal, Provincial or Local. In some cases, state land is given to the citizens under some schemes such as horse studs, cattle breeding, etc. in this scenario the land is under the control of the government but is possessed by the citizens.
Village common land termed as “Shamilat land” is the land given by the state to the owners of a village which can be used for the common purposes of the village community. Every person who is recorded as an owner of land in a village is also a joint owner in shamilat.
What is the difference between Commercial and Personal Property Law?
Commercial Property Law:
The property that is used for business purposes is termed as commercial property; besides this, it can also be termed as land that brings about profit for the owner. A lawyer who works for commercial property is likely to have clients from a wide range of areas because they are capable of dealing not only with domestic but international clients as well.
Examples of commercial property can be from a restaurant, warehouse, or building. You can easily make money / earn profit by reselling it or leasing it out.
For more details related to commercial property visit feeta.pk.
Personal Property Law:
Buying and selling of personal or residential property are defined as personal property law. It means that personal property includes one’s own house, residential unit, or any land that they own under legal terms. The lawyers who work under this law also have clients in a wide range of domestic and international just like commercial property law.
Transfer of land and property
The basic rule for transferring land or property is that it is a must according to the law that if an individual possesses a property it must be registered and verified under their name, this is important if you want to sell your property. There are several reasons for the transfer of property which can be gift deeds, inheritance, mortgage, exchange, etc.
Who is not eligible to transfer a property?
There are a few exceptions for people who are not entitled to transfer a property which includes, legally barred individuals, unstable, and under 18.
Laws of Tenants:
The law of tenants includes a few responsibilities that the tenants have to abide by. Which include
- It is important to pay the agreed amount on time. This has to be followed even if there is an ongoing dispute between the tenant and the owner.
- Be careful that you do not cause any damage to the property and if accidentally any damage is caused by you you must pay for it.
- If you are facing any problem while residing in the residence it is very important to immediately report to the owner so that the problem can be fixed.
- If there are any charges mentioned or highlighted in your agreement that you have to pay, you must abide by them, the entire time you are staying on the property.
Feeta.pk in this blog has focused on the basic land and property laws everyone should know about. Being aware of your rights and having knowledge about the laws is very important so that your rights are protected and no one can fraud or scam.
Essential Land and Property Laws
- Published in International, Projects, Property Laws, Property News, Real Estate News
Are You Sure Are You Making A Safe Investment?
When you are spending your hard-earned money on investing, there is always this nervous feeling that makes you question whether you are making the right decision or not. To minimize any risks involved in this and make sure of the right investment, there are several measures that you can take. However, it is important to be mindful of the fact that investments do fluctuate with time, sometimes giving very high profits and sometimes even less than what you spent.
In this article, Feeta.pk is going to help you get familiar with the measures that you can take to know if the investment is genuine or not. Let’s find out how you can be sure of what you’re doing is a safe option.
Identify the Red Flags
Red flags in investment are usually pressure tactics that are used to unintentionally lure your mind to be alarmed and go for it. Let’s take the example of ‘Limited Time Offer’ or ’10 days left to get this at half price ‘will make you feel you will be left out. Trusted companies that are offering opportunities to investors always know that people will need time and will come to them on their own, instead of such offers.
Look in the ‘Right Place’
It is important to start looking for investment options at the right place. What we mean by this is to look for authentic sellers and properties which belong to a verified housing society. You can also find new options which are yet to grow and have a margin of growing rapidly in a short time, but that is still a risk if the seller and area are not coming under a genuine tag.
What you can do is talk to area property agents, and also lookup online for any new property areas that you are interested in. Feeta.pk is an authentic site for you to start looking for investment properties with. Feeta’s property agents are well-equipped with area wise knowledge to help you get an idea of what property is a safe option for you.
High Publicity Does Not Mean ‘Safe’
Generally, highly publicized projects are a great option to go with because they are luring big investors and have also developed a reputation they would not want to ruin. However, sometimes, it can also be misleading given that they might be expanding on illegal land and your money might go down the drain. You have to weigh all the sides before making a decision, for instance, hearing from other people, getting a professional agent involved, asking for legal document proof of their project being genuine.
Good and safe projects have a way of making their way around town through word of mouth, so you can evaluate your option by talking to a few people who are in the investing business.
Learn About the Company You’re Investing With
When getting your money involved, checking on the company and the team of directors/owners is a crucial step that you should always take. Look about the owner’s portfolio, any other projects they have, how they are performing, and you can even take the help of other people in learning about the company.
You can also verify the address, phone number of the company, or any reviews that might be up on the internet before getting yourself involved. If you are unable to find any proper information or come to any negative conclusions about the company, it is better to steer clear of it and look for other options.
Keep Your Timeline in Mind
There is no shortcut to becoming rich overnight, and the same goes for any investment. You can’t expect your investment to bear good profits in a matter of days, you’ll have to choose where to invest according to the timeline you want your profit back. That will help you determine the type of project you want.
So if you want good returns in a short amount of time, don’t hurry into investing just anywhere. Take your time to analyze what your options are, how the market in the areas is trending, and which area will bring you the most profit in the time frame you need it.
These simple pointers will help you land a very safe and secure investment which will help you get a good profit over some time. If you are confused about safe property investment, you can get in touch with Feeta.pk and find out the very best options of authentic properties for you.
Are You Sure Are You Making A Safe Investment?
- Published in International, Investing In Best Deals, Investment, investment property, Investment Tips, Investments
Bids to uplift E-12/4 open: CDA
Islamabad: The Capital Development Authority (CDA) opens bids for the development of Sector E-12/4.
As per the uplift plans, work on links roads involving major highways, laying streetlamps, and constructing drainage and water systems will be carried out. The lowest bids received were worth Rs289.805 million by one of the five contractors, revealed CDA.
There had been a delay in releasing development funds for the development of Sector E-12/4. Although, the current management of the CDA is providing significant attention to each of these sectors, resulting in construction projects being initiated.
For news and blogs, visit Feeta.pk.
Bids to uplift E-12/4 open: CDA
Decorating With Bold Wallpapers That Inspire
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Bold wallpapers can inspire new worlds to be created in your own home. They can lead us to the tropics, to misty mountain peaks, or to exotic birdhouses. This collection of fabulous statements wallpapers from Wonderwall Studio are high-quality and highly creative, with large-format wall coverings and expertly hand-painted designs, bedrooms and living quarters may never be the same again. It is also possible to personally customize these luxurious wallpaper designs to a size that perfectly fits your main wall. The scale of the graphic can be adjusted, allowing you to zoom in on your favorite part of the image and even change the color tone to suit a specific decorative palette.
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Decorating With Bold Wallpapers That Inspire
- Published in Decoration, decorations, wall art, wall decor
Key Property Inheritance Principles
These are the Principles of Property Inheritance That You Need to Know:
A legal heir is defined as an individual who is entitled to a share in the assets of a deceased person. These may include real estate properties, insurance amounts, bank account holdings, stocks, bonds, shares, etc. As per the inheritance laws of Pakistan, which are based on the Islamic Sharia law, the legal heirs of the deceased can only include the spouse, parents or children.
Feeta.pk has compiled the key highlights of the process, laws and rights of succession in Pakistan to help you navigate through what is otherwise a convoluted affair.
The purpose of a legal heir certificate
Once the death certificate of the deceased has been obtained, only the successors are eligible to apply for a legal heir certificate. The legal heir certificate is a document required for recognizing the legal heirs of a deceased person. It can be used for the following purposes:
- For claiming insurance
- For processing the family pension of the deceased employee
- To receive two such as provident fund, gratuity etc. from the government
- To receive salary arrears of the deceased
The purpose of a succession certificate and how to obtain it
On the other hand, a succession certificate is issued to transfer both movable and immovable properties of the deceased to his / her legal heirs. The letter of administration grants the right to administer the estate of a deceased person.
Any one of the legal heirs can apply for a succession certificate. The Succession Act 1925 governs all the procedures related to succession certificates in Pakistan. In case of multiple legal heirs, each party can apply for the succession certificate individually and the court can issue it to them according to their share in the property. Another alternative is that all legal heirs can file a joint application in favor of one legal heir who can distribute the property among other heirs afterward.
The Government of Pakistan also introduced a secure online portal in 2021 that provides letters of administration and succession certificates within 15 days, as opposed to the previous timeframe of 2-7 years. This was developed by the Succession Facilitation Units of the National Database Restoration Authority (NADRA) with the aim of removing any unnecessary delays and hassle during the process.
This is especially an advantage for overseas Pakistanis, who would not be required to make an appearance at courts anymore to receive the succession certificate.
The digital certificate has several security features, including a real-time verification facility. The process to obtain it can be completed in just a few, simple steps:
- Initiating the application:
The successor has to provide his / her national identity number and the death certificate of the deceased. - Recognizing the legal heirs and assets:
The applicant has to give relevant details of the legal heir (s) along with information related to the deceased’s moveable and immovable properties. - Verifying the legal heirs:
All the legal heirs mentioned in the application have to visit Nadra’s registration center for biometric verification. - Advertising:
NADRA will publish a notice in newspapers to ensure there is no one who has any objections against that particular application. - Printing & delivery:
If no opposition comes forward within 14 days of publication, the letter of administration/succession certificate will be issued to the applicant.
It is important to note, however, that each province has its own conditions for which documents are necessary for initiating the succession certificate procedure.
Laws of inheritance in Pakistan
There are two laws that protect the rights of inheritance in Pakistan:
- The Muslim Family Laws Ordinance (1961), gives effect to certain recommendations of the commission on marriage and family laws.
- The West Pakistan Muslim Personal Law (1962), consolidates and amends the provisions of the application of Muslim Personal Law (Shariat).
A few additional things to note are:
- There is no inheritance tax in Pakistan.
- The last domicile of the deceased also dictates the division of inherited property.
- If the deceased gifted a property to another party in their lifetime, it cannot be contested in court after their death.
- Legal heirs can only distribute properties if the outstanding debts of the deceased have been settled.
- If a legal heir passes away before the distribution of inheritance, their share will be divided among the other heirs.
- It is highly advised to hire a lawyer for the distribution of inherited property.
Women’s rights of inheritance in Pakistan
There are many cases where female heirs, especially in Pakistan’s rural areas, lose out on their share of inheritance in favor of male family members. This is mostly due to their lack of awareness of women’s legal property rights. The Enforcement of Women’s Property Rights Bill was passed in 2020 to ensure their rightful inheritance.
According to Section 498A of the Prevention of Anti-Women Practices Act (2011), it has also been termed illegal to deprive women of their inheritance in any manner. Any violation of this act will be punished with imprisonment of 5-10 years or with a fine of Rs. 1 million or both.
The inheritance rights of women have been outlined below:
- The wife of the deceased will receive 1 / 8th of the inherited property if she has children. If she does not have any children, she will own 1 / 4th.
- The mother of the deceased will 1 / 6th of her son’s property. If the deceased had no parents or children though, the mother will receive 2 / 3rd.
- If a female has one or more brothers, she will receive half of their share after their father’s death.
These can still vary in cases of special circumstances.
For more details on property inheritance, visit Feeta blogs.
Key Property Inheritance Principles
- Published in International, property, Property Laws, Real Estate, Real Estate Guide, Real Estate News, Real Estate Trends, Zillow
Real Estate Terms You Need To Know About
Working in Real Estate Terms involves having excellent communication skills. A big part of learning about real estate comes from having a deep understanding of real estate basics and terms.
As a real estate investor, you will likely spend most of your time addressing real estate-related questions from home buyers and sellers. After all, the job is to guide customers through a complex process that revolves around what is probably the biggest purchase of their lives.
Even if he is already familiar with most of the real estate terminology, brushing up on some of the basics is helpful from time to time and is a great way to improve his skills and knowledge. To help you, we’ve put together this glossary of real estate terms you need to know about.
Seller’s Agent
A seller’s real estate agent is a professional who exclusively represents the seller of a property during a real estate transaction.
They assist the seller by performing specific tasks, such as collecting data and comparable home sales prices, marketing the property, and advising clients on choosing the best offer received for the property.
Buyer’s Agent
As the name implies, a buyer’s agent is a real estate agent who is legally licensed to assist buyers during the home buying process. They represent the interests of the buyer exclusively during a real estate transaction.
Some of your responsibilities include negotiating the best possible price for a home, providing information about the neighborhood and its surroundings, ensuring the home is inspected and conducting due diligence.
Appraisal agent
A real estate appraisal is a process designed to develop an accurate opinion of the real estate value. In a real estate transaction, a lender often requires an appraisal by a third party to ensure that the amount requested for the loan reflects the property’s fair market value.
When the appraised value of a home is less than that offered by the buyer, the lender may ask the buyer to cover the difference in cost.
Lessee and Lessor
Commonly known as a lessor, the lessor is the owner and operator of an investment property. They rent their unit (s) to tenants or tenants. If you want to start your career as a real estate agent, you can work with tenants looking for a lease.
Landlords who operate large-scale properties, such as apartment buildings with a dozen or more units often work with leasing agents to fill their units throughout the year. Some represent their listings themselves, but these owners usually hire agents (or teams of agents) to fill available vacancies.
Appendix and amendment
⁇During a transaction, a home buyer or seller may want to make a request to each other in the form of a supplement or amendment. Sometimes this is a change to an existing contract (an amendment).
An amendment to a living agreement is often made when there is a mistake. An addendum could occur, for example, if a buyer wanted to keep a seller’s washer and dryer, thus requiring new contract language. Other times, they want to add to the contract (an appendix).
Depreciation
Amortisation is the term used for the schedule of mortgage installment payments over some time. A typical buyer’s repayment schedule is one payment per month for 15 or 30 years in real estate.
Homeowners association
A homeowners association or HOA is a private organization within a planned community, subdivision, or condominium tasked with creating and enforcing rules for the houses in the community and its residents. Those who purchase property within the jurisdiction of an HOA are automatically included as members and must pay HOA fees or dues.
Prior approval
A pre-approved home buyer means that a lender has verified their information, verified their credit, and approved for a specific loan amount for up to 90 days. The process requires buyers to fill out an application to allow a lender to examine their current financial situation, including creditworthiness, debt-to-income ratio, and ability to pay.
Capital
The part of the property officially owned by an individual is known as real estate. Although a person owns a property that he has purchased, the mortgage lender has an interest in it until it is paid in full.
Closure
Closing is the final step in the home buying and selling process, and it’s one of the most important real estate terms you should know. The buyer and seller agree on the closing date during the negotiation phase and is generally set weeks after the offer is accepted.
At closing, ownership of the property is officially transferred from the seller to the buyer, and all necessary payments are made, after which the buyer can move in or begin renovating the property.
Closing costs
Homebuyers and sellers incur expenses to finalize a real estate transaction are known as closing costs. These can include appraisal fees, taxes, loan origination fees, credit reporting fees, title insurance, etc. In most situations, the buyer generally pays 2% to 5% of the home’s purchase price, although closing costs can be paid by either the buyer or the seller.
Seller disclosure
A seller’s disclosure is a document issued by the seller of a home to a buyer. It describes any existing problems with the property and other important details that buyers should know regarding the house. It typically includes home repairs, details about faulty systems or appliances, and history of leaks and other environmental issues.
Title deed and property title
Deed and title are two terms that are often used interchangeably. But although they are closely related, there is a difference between them. The title is a concept and not a physical document. It represents legal ownership of the home and all rights transferred from the seller to the buyer. On the other hand, the deed is a physical and legal document that conveys the title to the new owner after a home is sold. It includes a property description and identifies the dealer (buyer) and grantor (seller) of a specific transaction.
Escrow
Trust is a step in the home buying or selling process when a neutral third party has something of value (often the buyer’s surety check) during a real estate transaction. Once the transaction is completed during the closing period, the third party will release the funds held during the escrow.
Fixed-rate mortgage
A fixed-rate mortgage comes with an interest rate that remains the same for the life of the loan, giving the borrower more predictability and stability for the life of their loan. It is one of the most common types of loans available and is preferred by many consumers due to its long-term reliability.
Adjustable-rate mortgage
Adjustable-rate mortgages have interest rates that change periodically. A home buyer with an adjustable-rate mortgage may start with lower monthly payments than a fixed-rate mortgage, but varying interest rates mean that monthly payments can increase later.
Home inspection
A home inspection is a non-invasive examination of the condition of a home and is often performed in connection with the sale of that home. These are typically performed by a professional home inspector who has the proper training and certifications to handle the inspection.
After the inspection, the inspector provides the client with a written report of the findings, which the client can use to make informed decisions regarding the pending purchase of the property.
List
A listing is a written agreement, contract, or arrangement for the marketing and sale of real estate through a real estate broker or agent for a specified period. It gives an agent the exclusive authority to handle the sale of the property in exchange for a fee or commission for the services of the property.
Offer
In the real estate business, home buyers must offer Houses For Rent In Karachi
Houses For Rent in Bath Island is the property they want to buy. An offer can be for the total list price of the home or what the buyer and agent consider fair market value for the home. Buyer’s agents are responsible for submitting the formal offer in writing before sending it to the seller’s agent. If the seller chooses not to make a counteroffer, he can immediately approve the request, making it a purchase contract.
Homeowner’s title insurance
Due to various possible “defects” in the title, title insurance is insured by both home buyers and their lenders. This insurance covers them if another party claims a residence, there are problems related to counterfeiting or fraud against a landlord or difficulties related to deeds arise. As described in an Inman News article, it is pretty rare for a title insurance claim to be made, but it can happen. That makes this insurance protection essential, as it can provide new homeowners with peace of mind. You can read the following article with detailed information about Homeowner’s Title Insurance.
So, these are some of the terms you need to know. These terms will not only help you with your dealings but also broaden the horizons of your knowledge. Give these terms a read and give your feedback in the comments section below.
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.
Real Estate Terms You Need To Know About
Modern Chinese Minimalist home designs With Super Stylish Twists
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These modern Chinese minimalist home designs have characteristic elegant twists. A unique modern staircase dominates one open plan dwelling, ascending to the second floor as a stack of sliding volumes with storage inserted into the base. Unusual sofas dot minimalist living spaces and chic home workspaces are framed with custom desk designs. There’s even a children’s bedroom that delivers an extraordinarily fun factor with a crazy new bed and a mural. Throughout our collection of home excursions, we will find open and interesting layout concepts that create clear zoning, spacious rooms that are covered with elegant, custom storage units, and exceptional bathrooms with uneven floors.
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Modern Chinese Minimalist home designs With Super Stylish Twists
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Places to Find Offices in Islamabad
The federal capital of the country – Islamabad is known for its picturesque localities and awe-inspiring scenery. However, natural beauty is not the only thing the city is known for, as it also serves as a major economic hub for the country. The city’s GDP in the previous fiscal year amounted to almost $ 2.86 billion, showcasing the city’s immense potential for entrepreneurship.
Being one of the safest cities in the country, Islamabad attracts millions in terms of real estate investment every year as businessmen and entrepreneurs flock to the city for successful business. However, before starting a business in the city, the first step is finding a suitable office space that reflects your business’s values and ideals. To help you find the right office space, we shall provide an in-depth analysis of the best places to find offices in Islamabad.
What Makes an Office Space Good?
Finding an office space is a simple task; however, the actual predicament is finding one that offers all the essentials required to turn it into a functioning business. Some may lack basic facilities, while others may ask for exorbitant prices. Finding the right balance between simplicity and luxury is key. The following are some of the must-have features for any good office space.
Structurally Sound – An office building should be structurally sound as office spaces tend to accommodate a large number of people, along with the inventory. Ensuring that the building is well-built and offers safety in terms of structure is of utmost importance.
Utilities – An office space should have functional amenities such as a water supply, central heating system, working elevators, restrooms, parking areas, and emergency alarms. An office space without these services will only bring dissatisfaction and discomfort among employees.
Security – An office space should be located in a secure environment where employees feel safe while working. Moreover, the office itself should have security systems such as CCTV cameras and smart locks to ensure important data and hardware remain safe.
Best Places for Offices in Islamabad
The city is not short of excellent office spaces. However, to find an office for rent in Islamabad, the key is to look for office spaces in the city’s largest commercial hubs, as these areas already have an abundance of commercial properties available. There are several business hubs already present while a few more are still underway. With such a wide variety of corporate offices available, we have listed down some of the best areas to help you make the right decision.
Blue Area
The city’s largest business district – Blue Area is a 5-kilometer strip located in the center of the city, housing all sorts of businesses ranging from corporate offices and hospitals to restaurants and cafes. The business hub is said to be a major contributor to Islamabad’s overall GDP. Several prominent towers such as Centaurus, Saudi-Pak Tower, Telecom Tower, and Islamabad Stock Exchange define the skyline in the area.
Finding an office in Blue Area is sure to bring success to your business since the whole area generates immense traction throughout the day. The area offers several services which benefit offices extensively. Several Metro Bus stations run across Blue Area, with Stock Exchange, PIMS, and 7th Avenue Metro Bus stations directly in the middle of the business enclave. This provides workers with decent public transportation options, easing their work commute. Moreover, a food street runs right through Blue Area, offering an area for relaxation during lunch hours.
With the city catching up to innovative ideas, several coworking spaces are also available in the business enclave. A co-working space is perfect for new start-ups and freelance workers that require an office space but cannot afford to rent a whole office.
Blue Area has seen continuous development, with new office buildings underway and old ones being renovated, making the possibilities of finding an excellent office space endless. As the New Blue Area is under construction, ample opportunities for finding offices for sale in Islamabad are available, meaning you can choose the right office space for your business based on your needs and capital with ease.
DHA Islamabad
Defined by luxury and elegance – DHA Islamabad is one of the most upscale localities, well-known for its serene environment and extensive commercial activities. The housing scheme is home to several commercial projects such as the Giga Mall and Florence Gallery.
DHA is divided into several phases, and phases 1 and 2 are the most popular in terms of commercial activity. The Central Park in Phase 2 is dotted with several restaurants and cafes while the surrounding area hosts other types of commercial activities.
Due to society’s immensely developed infrastructure, businesses attract millions in terms of investment allowing them to flourish with ease. Moreover, DHA’s ideal location on Islamabad Expressway gives it an edge as it connects society with the rest of the city. The area offers several types of corporate office spaces that you can avail of based on your needs and capital, ranging from high-rise buildings to megamalls. With an office space in a locality such as DHA, your business is sure to be a success.
Bahria Town Islamabad
One of the oldest gated communities – Bahria Town Islamabad serves as an embodiment of luxury living in the city. The housing society is known for its upscale living standards and high-end amenities. However, along with these profuse services, Bahria Town offers a thriving business district where businesses reach new heights. A few prominent commercial projects that are currently underway are the Mall of Islamabad and V8 Mall, set to redefine the business district of the society.
With an ideal location on the Islamabad Expressway, the society is easily accessible by residents in other parts of the city. Moreover, several public transport options are also available on this route that makes commuting easier for workers.
The society’s designated commercial areas offer luxury office spaces that are lain with intricate interiors and contemporary infrastructure, truly befitting for your business. Most of the corporate offices Islamabad offered in Bahria Town are situated in high-rise buildings and business plazas that are dotted throughout the society’s designated commercial areas. With an office in such an extravagant locality, your business is sure to boom.
Gulberg Islamabad
A city within a city – Gulberg Islamabad is one of the most sought-after projects, constantly setting the benchmark for comfortable living. With its serene environment and opulence-filled services, the society has much to offer, and its business district is set to become one of the city’s greatest economic hubs.
With recent infrastructure developments and the completion of the Gulberg underpass on the Islamabad Expressway, accessing the locality has now become easier than ever. The society is further divided into Gulberg Residencia and Gulberg Greens, both providing designated commercial areas dotted with several corporate offices.
Several commercial projects are situated in the society while more are underway such as Mall of Gulberg Islamabad, The Magnus Mall, and Gulberg Arena Mall. These projects feature commercial properties and offices for rent in Islamabad. Office spaces in these commercial projects are sure to make your business flourish.
How to Find and Book Offices
Now that you know the best places to find office spaces in the capital, the next step is knowing how to find these offices and book them for your business. To ease your predicament, Pakistan’s first online real estate market – Graana.com is here. Through the Graana App, you can look through several commercial properties in Islamabad and find the perfect match for your business. For more information, visit Feeta.pk.
Places to Find Offices in Islamabad
51 Living Room Projector Ideas That Beat The Movie Theatre Hands Down
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Once upon a time, movie projectors were limited to dark home-like rooms, but no longer. Currently, there are projectors that produce fairly bright images for open living space without the image being destroyed by ambient light. Completely swapping a thick black TV for a sleek projector screen achieves a quieter and sleeker room aesthetic. Dropping a projector in front of your TV for a movie or the big game can double your viewing area. It’s really pointless. This collection of ideas for living room projectors shows exactly how it is made, in modern decorations that elegantly hit the cinema.
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51 Living Room Projector Ideas That Beat The Movie Theatre Hands Down
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Warm, Chocolatey Home Interior: Silky Smooth Style
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Chocolate walnut wall panels wrap this welcoming modern Chocolatey Home Interior with a silky smooth style. Displayed by ArtPartner Architects, this home feels like a protective cocoon that protects its homeowners from the stresses of the outside world. The abundance of rich wood grain on the walls builds a calm and soothing solidity, the weight of which is offset by light, glassy wall counterparts. Gray elements balance the warm brown decorative pieces, building a tonal contrast and shade. Sharp contemporary furniture designs form complex arrangements in the living room, bedroom and bathrooms. Promenade glass cabinets offer enviable storage solutions that elegantly display the owner’s sensible love of fashion.
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Warm, Chocolatey Home Interior: Silky Smooth Style
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Secluded Concrete Home Design Away from the City
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A vast water feature flows through Preston Hollow House (Concrete Home Design), where it washes the boundaries between inside and outside. The slender stream flows through the home, interrupted only by terrace walkways and a soothing waterfall near the entrance, before ending at a large swimming pool. Designed by Specht Architects, this 8826 square foot home in Dallas, USA, also features a remarkable floating pavilion roof design. The flat canopy seems to rise slightly above the main living spaces and peripheral terraces. Corrugated concrete walls solidly shield the apartment from the busy street, making nearby houses imperceptible. Sliding glass panels create open, light-filled rooms with wide views of plant-filled courtyards.
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Secluded Concrete Home Design Away from the City
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Luxury Interiors: Stone and Wood Decor
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Smooth decorative elements made of Stone And Wood Decor are made to exude a luxurious look in these two inspiring home designs. To allow these soothing natural materials to come to the forefront, the home designs follow a light and laconic color palette of clear white and warm creamy shades. A wild spice of black and charcoal gray accents will pepper the rooms with small moments of visual weight. Luxurious lounges receive refined and airy arrangements with designer lounge furniture, eye-catching TV walls and high-end dining options. Kitchens are avant-garde, bedrooms are restful refuges of peace and quiet, and bathrooms evoke a spa-like feel.
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Luxury Interiors: Stone and Wood Decor
- Published in #interior design, #nature, accent furniture, Architecture, Architecture Design, Art, Decoration, Design, dream house, Featured, flooring, furniture, Furniture Design, home, Home Decor, home design, house, house decoration, interesting designs, interior, Interior Decoration Ideas, Interior Design, interiors, International, kitchen, Kitchen Designs, stone, wood
Serene Living Spaces: Natural Wood & Indoor Plants
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Natural wood and indoor plants instill a sense of serenity into modern living spaces. This inspiring union of Mother Nature helps us to separate ourselves a little from the plastic contemporary world and to revitalize our connection with the Earth. Even if only in small doses, green and wood tone infusions add softness to modern decorating patterns, as well as an interesting texture and vibrant reminiscence of life thriving outside man-made walls. Join us as we tour three inspiring modern home interiors that beautifully embody plants and lumber into elegant living rooms, dining rooms, kitchens and perhaps the most beautiful laundry room in the world!
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Serene Living Spaces: Natural Wood & Indoor Plants
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Heartwarming Yellow Interiors & Accent Decor
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Even a very cold room can feel warmer and invigorating when wrapped in a lining of sunny yellow, soft buttery tones or rich mustard shades. This positive decorative color makes the perfect cheerful match for monochrome tiles, carpets and soft furnishings. Even modern minimalist interiors can capture moments of edifying visual warmth from cheerful yellow accent pieces. Bold color proves just as effective when surrounded by empty white space, which gives bright statements spaces to breathe and display. Join us as we tour five modern homes with inspiring yellow interiors, including moderate examples of split yellow accent decor for the more color-shy homeowner.
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Heartwarming Yellow Interiors & Accent Decor
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Eclectic Interior: Modern & Classic Collisions
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Located within the Jazz apartment complex in Moscow, Russia, this elegant apartment has 4.5 meters high ceilings and impressively large windows. Designed by Lake & Walls, the home interior is spacious and welcoming, touched by color and interesting eclectic decor. Mezzanine level contains a bedroom and a home workshop that look out over the view of the city. The generously sized kitchen of the apartment is located below the mezzanine, along with the bathroom and entrance hall. A second bedroom is hidden behind a partition in the living room. Inside, a Murphy bed leaves floor space free during the day, and a space-saving staircase climbs to a small mezzanine dressing room.
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Eclectic Interior: Modern & Classic Collisions
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An Incredibly Cool & Colourful Home Interior
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Lots of soothing colors wash through the open plan living spaces of this modern home design, forming a chromatically interesting and inviting space. The cool shades gradually transform into visual warmth as we travel through the hallway and into the master bedroom and bathroom, creating an evolutionary color story. Designed by Miklashevskaya Anna, the modern interior design also offers inspiration for a unique dashboard feature wall and contemporary lighting options, along with chic storage ideas and an elegant nursery. Color crackles across the bathroom in three different types of wall tiles, including a damp wall of trendy geometric terrace tiles that complete a striking orange vanity.
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An Incredibly Cool & Colourful Home Interior
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Luxury Interior for Art Lovers (With Floor Plan)
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Inspired by the homeowner’s love for modern art, this luxurious apartment with a Luxury Interior in Kyiv was shaped like a unique, private art gallery. Displayed by IQOSA Architect, the space is designed to ensure that each art object looks completely organic in its position. Decorative materials and interior design solutions make a smooth interaction with the art, while also building a home unique and striking in itself. Luxurious white marble sculpts impressive walls, a beautiful stone dining island and an enviable indoor bathroom. The furniture is modern and sophisticated. Wooden flooring is fabulously trendy with a bold geometric pattern, while luxurious rugs are overlaid with intricate woven ornaments.
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Luxury Interior for Art Lovers (With Floor Plan)
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Engaging Infusions Of Pastel Pink, Lilac, Blue And Yellow Decor
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If you are looking to leave the land of neutral decoration far away, then there is no sweeter path to follow than a path of pastels. In this pair of inspiring home interiors, we especially look at infusions of sugar syringes and pink as the dominant base colors. Various shades of blue are used to brighten up the look and add visual depth, and solid primary yellow accents shake up the soft mood. Our first home is a bright and airy apartment with attractive color saturation, luxurious white marble moments and a small glass wall bedroom. Our second home tour includes a larger open plan accommodation and a pastel room design with a unique home workshop.
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Engaging Infusions Of Pastel Pink, Lilac, Blue And Yellow Decor
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Where Modernity Meets Mother Nature
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Located in Bali, Indonesia, these four stunning jungle villas are where modernity meets Mother Nature. Displayed by Illya Kovalchuk, These elegant villas are presented in a natural material palette of timber, stone and rattan. The palette forms an inviting warmth while adhering to a high-end aesthetic. The first villa features a beautiful vaulted ceiling with exposed wooden beams; glass walls bring views of the jungle on all sides. The second villa is a linear structure with an abundant courtyard in its heart. Villa three is planted in the thicket of the jungle and has palm trees on a fabulous roof terrace. We end up with a chic villa, steeped in gold accents, jeweled tones and contemporary wooden tin ceilings.
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Where Modernity Meets Mother Nature
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Dapper Interior: High-Quality Finishes (Plus Floor Plan)
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This sleek 101.3-square-foot home interior is cleverly crafted with high-end edge-to-edge finishes that build a bespoke, luxurious aesthetic. Designed by Elena Sedova, the modern apartment benefits from custom cabinets, a custom glass bedroom feature wall with trendy flute-shaped texture treatment, and a fabulous muxarabi room divider. We’ll see how small bathrooms can be the jewel in the crown with the right materials, and we’ll wander onto a magical balcony area that is sure to tempt anyone to enjoy a glass of something bubbly in the evening air. You can find the floor map for this elegant home setting at the end of the tour.
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Dapper Interior: High-Quality Finishes (Plus Floor Plan)
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Creating Calm Interiors with Japandi Decor
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Fill your home and your heart with the soothing effects of the tranquil Japandi aesthetic, an aspect that is elegantly understated, yet carries a confident undercurrent. These four inspiring Japandi-style interiors show how to create soothing Japandi decorating schemes in modern living rooms, elegant kitchens, relaxed bedrooms and chic bathrooms. The soft mix of Scandinavian with Japanese decoration forms a warm welcome without any wavering colors and simple arrangements that quietly serve daily routines. Home design number one delights in natural wood tone and botany, home interior two cuts a little sharper with bolder contours and contrast. The third home tour is minimalist and smooth, while our final design focuses on a sophisticated wow factor.
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Creating Calm Interiors with Japandi Decor
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Important Information about the Sehat Sahulat Program
Expenditures on health care have pushed millions of people into poverty across the world. Pakistan’s government has emphasized universal care inside its health-care reforms (UHC). To achieve its UHC aims, the federal government launched the Sehat Sahulat Programme (SSP), a groundbreaking social and health protection programme in conjunction with provincial and regional governments. The initiative’s goal is to provide free health insurance to low-income families first, then to the rest of the households. Residents of Islamabad, Rawalpindi, and Bahawalpur now are included in Prime Minister Imran Khan’s current health initiative. If residents of Islamabad, Bahawalpur, or the Islamabad District had the Naya Pakistan Qaumi Sehat Card, they would be entitled for free medical care worth up to PKR 1 million per year.
The Naya Pakistan Sehat Card would provide access to 43 governmental and non – governmental sector hospitals in Islamabad and Rawalpindi. Cancer, kidney transplantation, chronic illnesses, thalassemia, diabetic complications, cardiovascular disease, nervous system surgeries, organ damage, and accident treatments are all now covered to PKR 1 million per year.
The New Pak Qaumi Sehat Card offers free medical treatment to all inhabitants of Khyber, and the concept is being replicated in Punjab, Islamabad, Azad Jammu and Kashmir, Gilgit-Baltistan, Sindh, and Tharparkar. The service will be offered throughout Punjab until March 2022.
According to a memorandum of understanding (MoU) signed by the provincial government of Khyber Pakhtunkhwa with State Life Insurance and Pakistan Kidney and Liver Center, people would accept free kidney and liver transplants (PKLI).
As per MoU, people in Khyber Pakhtunkhwa can get free kidney and liver transplants under the Sehat Sahulat Program. For each patient, the province will cover approximately PKR 5 million in liver transplant expenses and PKR 1.4 million in kidney transplant costs. People have already benefited from these benefits, but there’s more on the way, like free medical care for cancer and OPD patients.
Signing contracts for Sehat Sahulat Program
The department of health of Khyber Pakhtunkhwa is signing a contract with major private medical facilities in Islamabad and Lahore to provide free liver transplants as part of the Sehat Sahulat Program. Shaukat Khanum Hospital and Research Center will be included in the Sehat Sahulat Program, which will provide free cancer medication to qualified patients. According to reports, this Sehat Insaf Card project has helped a maximum of 62,557 people of Khyber (KP) in September.
Punjab’s administration has approved the distribution of health cards to all of the province’s households. These opinions were expressed at a meeting on typhoid immunization conducted by the Ministry of Primary and Secondary Health in Islamabad, Layyah, Rajanpur, and Mandi Bahauddin, Multan, Faisalabad, Gujranwala, Chakwal, DG Khan, Multan, Lahore, and Pakpattan. According to Dr. Rashid, all 29.3 million Punjabi households participating in Nadra would receive Sehat Sahulat certificates by December 2021. In the first phase, cards would be provided to all seven districts of the Sahiwal and Dera Ghazi Khan Divisions. Sehat Sahulat Card Holders are eligible for free medical services worth up to PKR 7.2 lakhs. Patients who hold the card would be able to receive free treatment at any certified hospital in Pakistan.
Pakistani Prime Minister Imran Khan has announced that as part of the Sehat Sahulat Program, the local provincial government of Khyber will provide a micro healthcare system to a province’s whole population (SSP).
The Prime Minister’s Sehat Sahulat Program heralded as a “milestone towards welfare policies,” aims to provide registered citizens with free, dignified, yet prompt indoor health care services. The program was created with low-income individuals, those with a disability, and transgender individuals in mind. All people of Khyber Pakhtunkhwa or the newly merged tribal territories, meanwhile, have access to unlimited, high-quality medical treatment as of today.
After providing you with a comprehensive analysis of the Prime Minister’s Ehsaas Nashonuma Strategy, we now are concentrating just on Sehat Sahulat Programme 2020. Since its project started in Khyber Pakhtunkhwa, Punjab, Azad Jammu and Kashmir, Balochistan, and Sindh’s Tharparkar District, above is a complete guide to the program’s eligibility requirements, application forms, Sehat Insaf Card usage, and more.
About Sehat Sahulat Programme In Pakistan
The Sehat Sahulat Program was launched in 2015 with the purpose of providing Pakistan’s disadvantaged population with the best healthcare given suppliers through a complementary micro-insurance scheme. Ever since about 6,808,513 families have participated in the PM’s health insurance program. All medical and surgical operations, as well as hospitalizations, maternity care, follow-ups, and consultations, are offered for free to participants in this program. Users need only their Sehat Insaf Card, which is distributed to everyone registered citizens and it has a one-year validity term, to use these services.
According to Dawn.com, each registered family would be entitled to health coverage worth up to PKR 10 lakh per year for the full region of KPK under Sehat Sahulat Programme. This program has a unique feature because it includes all formal and informal hospitals. Furthermore, State Life Insurance Corporation was chosen to provide health insurance to Khyber residents under a scheme after competitive bidding. Every family will pay PKR 2,849 a year to the insurance company.
Residents of the Upper Dir, Lower Dir, Swat, Buner, Malakand, Shangla, ’s distinct Lower Chitral, anda Lower Chitral districts of Malakand, according to sources, may start receiving free medical care in October, regardless of the economic conditions. In the upcoming weeks, members of the Hazara Division would start receiving hospital attention. In December, Peshawar and Mardan will be updated, followed in January by Dera Ismail Khan, Bannu, and Kohat.
According to Khyber Minister of Health Taimur Saleem Jhagra, the government plans to spend PKR 18 billion on offering free treatment and health care to the province’s 40 million residents living in 35 districts.
PKR 2 lakh has now been set aside for emergency situations, general surgery, and maternity services, while PKR 4 lakh has now been set aside for diabetes, cancer, renal illnesses, heart disease, and neurological conditions, according to the minister. The remaining PKR 4 lakh would be used to cover the costs of a kidney transplant, radiotherapy, and any unexpected costs.
Benefits Of Sehat Sahulat Programme
Some of the most notable advantages of the Sehat Sahulat Program are as follows:
The Sehat Sahulat Card of a Sehat Sahulat Program allows beneficiaries and extended relatives to free emergency services, hospitalizations, medical treatment, surgical procedures, maternity services, referral transportation, follow-ups, and consultations. This is included in the secondary care plan.
PM’s healthcare emergency package contains diabetic, cardiovascular illnesses, burns, kidney damage, road accidents, oncology, neurosurgery operations, acute kidney illnesses, hemodialysis, and other chronic conditions like TB and hepatitis.
According to the official website, each close relative of a Sehat Insaf Cardholder is qualified for yearly treatment worth up to PKR 60,000 for secondary package and PKR 3 lakh for prioritized products. If the cardholder’s or a family member’s medical fees exceed that limit, the card can be loaded up with the money to pay the treatment costs.
Those registered in the Prime Minister’s Sehat Sahulat Programme will also get PKR 1000 in medical transport three times a year.
If the cardholder dies, their family will get PKR 10,000 to assist with funeral costs.
The list of enrolled hospitals on the program’s website allows beneficiaries of this healthcare plan to attend any of the companies and government medical institutions listed.
Sehat Sahulat Program Eligibility Criteria
As per the program’s official website, it was created to give free indoor therapy to people with disabilities, transgender people, and even those struggling to make ends meet in KPK, Punjab, Jammu & Kashmir, and Gilgit-Baltistan. Moreover, all citizens of newly combined tribal districts and Tharparkar District in Sindh are eligible for the Sehat Insaf Card of Sehat Sahulat Program. However, as previously mentioned, the program has just been enlarged to include residents of KPK.
How to Join the Sehat Sahulat Program?
The following are the detailed instructions on how to apply for Pakistan’s Sehat Sahulat Program:
Step 1: Send your CNIC number to 8500 to see if you’re qualified for such a Sehat Sahulat Program.
Step 2: When you are deemed to be qualified for the program, a text message is sent to your phone validating your details. Your Sehat Insaf Card number, and also the name of the card distribution center in your district in which you might pick up your card, should be included in the message.
Step 3: Pick up your Sehat Insaf Card via visiting the designated cards distribution center using your regular CNIC or Special CNIC.
You may also apply for a Sehat Insaf Card online at the Sehat Sahulat website by going to the ‘Eligibility Details’ section. Enter your CNIC number into the applicable section to see if you qualify for the Sehat Potential of Changing Program.
How to use the Sehat Insaf Card?
Members of the card or their family might be treated at any of the designated hospitals. They must, however, bring with them the necessary documents:
Sehat Insaf Card is a card that promotes good health and well-being.
Both the cardholder and a family member requesting help on the original CNICs or Special CNICs
In the event of a kid, complete Form B.
Simply go to a Sehat Sahulat Program representative counter, which may be located in any registered hospital. Show your supervisory your Sehat Insaf Card and explain why you’ve come. After that, the individual will direct you to the relevant department.
The cost of treatment will be deducted from the Sehat Insaf Card after the person has been admitted to the hospital.
In addition, a list of Sehat Insaf Card hospitals is available on the internet.
Contact Details
If you have any questions concerning the application process or the benefits of the Sehat Sahulat Program, or just want to offer them feedback, are the contact details. Kohsar Block, Pak Secretariat, Islamabad, Regulations and Coordination, Ministry of National Health Services.
Phone Number: 0800-09009
Frequently Asked Questions
Is the Sehat Sahulat Program open to everyone?
Anyone who meets the program’s qualifying requirements may apply. Text your CNIC number to 8500 is indeed the easiest way of confirming your eligibility.
Could a recipient use the Sehat Insaf Card multiple times?
Your card is used till the monetary limit is reached. Every beneficiary’s financial limit will be updated once a year.
What diseases can the Sehat Insaf card be used for?
This card may be used to cure anybody of illness once a patient is admitted to the hospital. However, you should check with your insurance provider to see if the plan has any exceptions.
Will a kid from a registered household be eligible for this program?
A kid will be eligible for the program if he or she is born to a registered family in an enrolled hospital. If the kid was not born at an assigned hospital, his or her parents can still register him or her in the program by submitting an application and the child’s NADRA Form-B to a hospital’s SSP support desk.
If the card is not used for the entire year, would the user be fully refunded?
Only interior medical treatment and medical services are covered by the Sehat Sahulat Program’s Sehat Insaf Card. If the card isn’t used, the beneficiaries won’t be able to get the money.
We trust that our Sehat Sahulat Programme 2020 guide has answered all of your concerns.
Meanwhile, you may learn more about the Kamyab Jawan Program, Ehsaas Kafalat, and Emergency Cash Programs, and the Pakistan Citizen Portal, by visiting our website.
Important Information about the Sehat Sahulat Program
- Published in International, News, News & Updates, News and Update
Pakistan Launches PR Scheme For Foreigners
The Pakistani government has formulated a PR Scheme For Foreigners who want to stay in the country. Visitors from all over the world go to the country to marvel at its natural beauty, which is also rich in history, culture, and tourism. Foreigners can now become permanent residents of the country and take advantage of services offered as a result of the new initiative. The government intends to entice hundreds of billions of dollars in overseas trade by granting Pakistani identity and proprietary rights to foreign investors.
A person who holds a formal certification to reside inside a nation is said to have a permanent residency. A permanent resident doesn’t really require a visa or any other documents from the state to live within this nation.
Permanent Residency In Pakistan
According to Fawad Chaudhry, Pakistan’s Federal Minister of Information and Broadcasting, foreign nationals who invest in property will be granted permanent residency. Based on the current state of the Pakistani real estate market, this is really a fantastic opportunity for all foreigners to invest, become permanent citizens, and earn generously.
The federal minister also stated that geo-economics is at the heart of Pakistan’s National Security Policy and that expatriates will be able to obtain legal residency status in the country. Foreigners must invest a minimum of USD 100,000 to USD 300,000 in the country’s property sector in order to implement this government-sponsored PR initiative.
Who is going get benefit from PR scheme in Pakistan
Pakistan’s foreigner PR plan is designed on the basis that also was used in Turkey, enabling outsiders to buy land within the country. Foreigners can acquire houses, land, or resorts through this PR plan, which is appropriately dubbed. This PR system is a wonderful opportunity for Afghans who have been seeking permanent resident status in other countries in order to better their security. They can become inhabitants in Pakistan and come from a comparable culture to their own. Additionally, because Pakistan has a substantial percentage of gurudwaras, specific arrangements are being designed to assist the Sikh community.
It is the first time that a government has gone through the trouble of inviting foreign residents to apply for permanent residency in Pakistan. This also encourages Chinese investors to start up shops and reside in America. It is expected that this plan will bring in billions of dollars in foreign investment.
One article covered everything you needed to know about Pakistan’s new permanent residency policy. You may learn more about this and other initiatives at Feeta Blog.
Pakistan Launches PR Scheme For Foreigners
- Published in International, News, News & Updates, News and Update
How to Verify Vehicle Registration in Pakistan Online
The Excise and Taxation Administration launched online Vehicle Registration in Pakistan to make it much easier for customers to register their vehicles from the comfort of their own homes. The issue of how to check a car’s registrations online has been fixed. Because of contemporary technology, we were able to better our lives, save time, and eliminate a need to stand in line outside the excise office. Many hurdles were reduced as a function of excise department accomplishments, and we can now check used automobile information on the internet. We can easily gather information about used vehicles using the online automobile registration procedure.
You can now tell whether the used automobile you’re just about to buy is completely new or has been resold several times. The car registration may be completed entirely online, greatly speeding up and simplifying. Vehicle registration in Pakistan used to be a lengthy process, and we had to wait in long lines just at the excise department to enroll our cars.
As a way, online vehicle verification is now available in Sindh, Punjab, & KPK, Pakistan’s four provinces. You’ve reached the right place if you just want to purchase a car or get one transferred to your name and the double ownership. In this piece, we’ll go over how to check a vehicle’s registration online in Pakistan.
An Online Car Registration Process in Pakistan
Users can now easily confirm all types of cars, such as cars, motorbikes, 3, vans, wagons, trucks, buses, as well as industrial and commercial vehicles, using their smartphone and tablet displays, thanks to advanced online platforms set up by the Excise and Taxes Depts in Sindh, Punjab, and Khyber. So, let’s take a step-by-step look at how to verify car ownership in Pakistan online. First and foremost, based upon the jurisdiction, you must visit the website you have chosen.
Online verification website for vehicle
www.excise.gos.pk/vehicle/vehicle_search
Note: This above-mentioned portal is utilized for online car verification in Karachi or other large Sindh cities.
Online vehicle verification website in Punjab
www.mtmis.excise-punjab.gov.pk/
Note: The above website may also be used to check autos online in Lahore or other major Punjab cities.
A website for online car verification available in Pakistan
www.kpexcise.gov.pk/mvrecords/
Note: The same website will be used to check Peshawar or other major cities in KPK or online vehicle registration.
When you click one of the links below for online auto verification, you’ll be sent to a form-type website with a blank section that you must fill out in order to validate your own vehicle in Pakistan.
The decimal numbers from the car’s registration number were included in this section, titled Vehicle Identification or Registration Number.
Fill out this form and then click “Search” to receive the results you desire.
The following information may have immediate results:
- Information about the owner
- Information about how to register
- Vehicle Specifications
- Number of Chassis
- Engine Identification Number
- Year of Enrollment
- Name of the Organization
- Model of Vehicle
- Payment Information for Taxes
- The capability of the engine
Vehicle data is verified and modified
The data underlying the findings might have come from the province’s Excise and Taxation Department. If you believe the information you’ve been given is wrong, has mistakes, or needs to be updated, you can notify the proper authorities using the contact information provided at the bottom of this blog.
Sindh’s excise and taxes department contact info
Contact number 021-99231410
Address Tughlaq House Sindh Secretariat Karachi Pakistan.
Website www.excise.gos.pk
Email Address: info@excise.gos.pk
Punjab’s excise and taxes department contact info
Contact number 0800-08786 (TOLL FREE)
Address 2nd Floor, Transport House11-Egerton Road, Lahore
Website http://www.excise-punjab.gov.pk
Email Address: secyent@punjab.gov.pk
KPK’s excise and taxes department contact info
Contact number 091-9212260
Address Shami Road, Bashirabad, Peshawar, Khyber Pakhtunkhwa
Website http://www.kpexcise.gov.pk/
This was the step-by-step approach for checking the status of a vehicle’s registration in Pakistan over the internet. Please email us here at blog@zameen.com if you have any more questions or issues about the above-mentioned method or any other element. We will respond to your emails as quickly as possible in order to resolve your issues.
Similarly, if you’ve just bought a car and want to register it, check out our guide on registering a car in Pakistan, which will answer all of your questions about the paperwork and procedures. If you live in Karachi or Rawalpindi, then also may check the blogs regarding automobile transfers. If you’re thinking about buying a car, you should check out Pakistan’s current auto loan rates.
Watch this space for more information on that. Stay tuned to Feeta Blog for the latest updates about Architecture and Interior Design.
How to Verify Vehicle Registration in Pakistan Online
- Published in News, News & Updates, News and Update, Vehicle Ownership
Gwadar International Airport: World-class Destination
In Pakistan’s key coastal city in Gwadar, Prime Minister Imran Khan began work on a number of huge developments and announced the start of a number of other infrastructural projects and programs of an ambitious China-Pakistan Economic Corridor (CPEC). The CPEC is still the centerpiece program of China’s ambitious multibillion-dollar Belt and Road, which links Gwadar Port in Pakistan’s Balochistan with Xinjiang Province in China (BRI). Chinese will get access to the Arabian Sea as a result of this agreement.
In the past few years, the growing port of Gwadar in Balochistan becomes a hub for property investment and infrastructural development. This is a critical part of China’s Belt Road Initiative, also known also as the China-Pakistan Economic Corridor in Pakistan (CPEC). Marine Drive and the Gwadar Sports Complex have considerably increased the city’s total net worth. The government is building a large-scale international airport development in Gwadar throughout the effort to allow it the world’s largest and most beneficial free trade agreement. The facility has indeed been designed with best-in-class features to help local and international travelers, increasing the port city’s importance as a global destination.
We’ll provide you with all the latest details on Gwadar Air Base in this blog, as well as talk about the project’s location and expected characteristics.
Latest Updates On Gwadar International Airport
The original construction design concept for the Gwadar Intercontinental Airport terminal was revealed in 2017. However, the project’s foundation was not laid until April 2019, when Prime Minister Imran Khan attended a high-profile groundbreaking ceremony. Work on the procedure will begin in October of next year. The construction of the New Gwadar Airport is projected to cost more than PKR 55 billion ($246 million). That’s a megadevelopment of 4,300 acres. This new airport will be able to transport 30,000 tonnes of commodities each year and will be able to accept both small and large planes such as the Airbus A380, Boeing 747, and Boeing 748.
Completion Timeline
According to the master plan, the airport will have a 3,658-meter-long runway with a 75-meter-wide approach that will be able to accommodate and handle heavy airplane flight operations. China State Construction Engineering Company has been granted design and construction contracts for the airport by the Pakistan Airport Authority (CAA). The airport should be completed even by the beginning of 2022.
According to Hassan Nasr Jamy, Director of Aviation Division, the building on Gwadar airport is proceeding at a good rate, and the project would be completed and operational by September 2023, as scheduled. People will also have access to a plethora of new work opportunities as a result of the initiative.
Location Of Upcoming Gwadar International Airport
The airport project is being built near Gurandani, 26 kilometers northeast of Gwadar’s existing international airport, which is a tiny infrastructure that opened in 1984. The port team’s biggest airbase will be surrounded by cutting-edge infrastructures, such as a vast network of roadways that will connect it to the Makran Coastal Highway as well as other big regional thoroughfares for a seamless connection.
Gwadar International Airport’s Expected Features
The mega project of the forthcoming Gwadar airport is being built on a scale that dwarfs practically all of Balochistan’s existing international and domestic airports. Gwadar Airport Terminal would give services to airlines and people from all over the globe, just as Jinnah Airport Terminal, Allama Iqbal International Airport, or other comparable sites all around the country. The airport is anticipated to be equipped with the elements to give foreign travelers a fast and enjoyable experience:
- Several gates and police walkthroughs greet guests just at the main entryway.
- Atriums, corridors, and hallways all have a lot of space.
- The Interior is completely cooled.
- The facility is extremely secure and is monitored by CCTV cameras 24 hours a day, 7 days a week.
- Visitors will find a well-equipped waiting room with free Wi-Fi.
- Travel firms’ offices, airline companies’ offices, and authorities
- Shops that are duty-free
- Nearby world-class hotels and rooms are available, as well as on-site taxi and vehicle rental services.
- Parking is plentiful.
- Tourists will benefit from high-speed elevators and escalators.
- Cafeteria inspired by fancy eating establishments throughout the world massive cargo management facilities (for handling baggage and freight shipments)
- In handling day-to-day airplane operations, there really are thousands of kilometers of runways and control towers.
The Real Estate Impact of Gwadar International Airport
When an international airport is built in a city, it has a positive effect on the city’s property value, according to Pakistani market trends. Inside the instance with Gwadar, the same thing was predicted. Once the airport is constructed and fully operational, real estate prices in the port city are likely to increase significantly. Its been exploited by investors.
Invest in the Canadian city of Gwadar to get the benefits of your investment
If you’re seeking a way to get a piece of Gwadar’s booming real estate market, Gwadar, Canada, is a good place to start. This GDA-approved project is a top opportunity to make money in Southern Asia’s next big economic hub, with state-of-the-art amenities and a rewarding position. The Makran Coastal Highway is about 1.5 kilometers away from the Canadian City real estate development. This route provides direct access to the city’s new airport, which is only 15 km far.
Property values in Canadian cities will climb dramatically in the near future due to the closeness to Gwadar International Airport, especially after the airport is operational.
The fact that this housing development is included in the revised Gwadar Master Plan is also significant. Furthermore, read the detailed project reference to learn further about Canadian major towns, facilities, and alternative investments.
It’s time to wrap it up now we’ve brought everyone all the latest updates about Gwadar International Airport, and also addressed its planned features & potential influence on the port city’s real estate. Regularly check back so we’ll refresh the article as quickly as new information comes to light.
On a related issue, you might be interested in learning more about the ongoing initiatives and investment opportunities in Gwadar’s real estate sector. We’ve also compiled a list of the most exclusive insights on the port city which you might find interesting. Keep up to date with Feeta Blog, Pakistan’s leading real estate blog, and get more information on all the country’s critical infrastructure or property developments.
Gwadar International Airport: World-class Destination
- Published in International, News
Roshan Digital Account For Overseas Pakistanis
In order to attract inflow, the government is considering employing global advertising companies to promote the plan globally. A residential facility for Pakistanis living abroad will be developed in Park Avenue, Zone-4, Islamabad, as a component of the Roshan Digital Account idea. Remittances sent home by overseas Pakistanis are an essential component of Pakistan’s foreign currency reserves, per the chairman of the Interior Department and Capital Development Authority (CDA).
Prime Minister Imran Khan, the current government’s leader, has long valued the assistance of Pakistanis living abroad, who contribute billions of dollars in remittances. Transactions, asset acquisitions, and other activities fall within this category. The government has taken several initiatives to assist them, including starting a new initiative to give them access to better housing and planning to construct a housing complex for Pakistani migrants soon. You should describe everything else in this development program in this blog, and you should read it when you’re from Pakistan. A residential project for foreign Pakistanis will be developed at Park Road Zone IV in Islamabad as part of the Roshan Digital Account effort to satisfy the same aim of encouraging investment.
A recent meeting held on Tuesday, January 18th, 2022, was briefed on the decision. Housing Project for Overseas Pakistanis at Park Road, Zone-4, Islamabad under Roshan Digital Account Incentives was the title of the project’s synopsis. The remittance sent home by Pakistanis residing abroad is a critical element of Pakistan’s forex reserves, according to the chairman of the Interior Department and the CDA.
About Residential Project For Overseas Pakistanis
Around 2020, the Pakistani government established its Roshan Digital Account, a system that lets abroad Pakistanis living anywhere around the world invest in Pakistan to use all online payment systems services. Thousands of non-Pakistani residents created RDAs to stay ahead of the facilities, and vast amounts of money were invested in New Pakistan Certificates (NPCs) as a result of the movement. For Roshan Digital Account users, the Roshan Apna Ghar, Roshan Apni Car, and Roshan Samaaji Khidmat initiatives were implemented thus far.
The government’s initiative to construct a residential project for Pakistanis living abroad is also being launched through the Roshan Digital Account. The government hopes to lure billions in investment from diverse groups of Pakistanis living in dozens of other countries. Park Enclave Heights is the name of the development. This is a contemporary and revolutionary project, according to plans, that would build Pakistan’s capital using worldwide construction standards by world-renowned architectural firms.
Location Of Park Enclave Heights
Overseas Pakistanis are an important commodity for the country, and the revenue they bring home in the form of remittances is responsible for a large percentage of Pakistan’s foreign reserves. The project is being created within Islamabad to reward their accomplishments and give them the development of residential investment options back home. Parks Enclave Height will just be built off Park Road in Zone 4, just a few minutes from Islamabad’s Central Business District as well as the city’s new international airport. Everything else in the city will be well within residents’ reach thanks to a road network and transport services.
Features Of Park Enclave Heights Apartments
The project, which is already being built on a large scale, is expected to cost USD 700 million and would be carried out by Capital Development Authority (CDA) and the Islamabad Investment Fund Ltd (IDFL). That project should be completed in stages, with the very first involving the development of 6,000 flats.
The residential project for Pakistanis living abroad is anticipated to produce USD 2 billion in remittances. The project is well-facilitated, as well as the government’s development strategy emphasizes that. The 6,000 units that’ll be constructed will range in size from 970 sq ft to 2,300 square feet. The inventory will range from one to five-bedroom homes. Staff dormitories, a building department system, security monitoring, utilities, or other civic conveniences would be included in the project, allowing residents to maintain the life they have always desired.
For the advertising and selling of the units in just this construction project, this was recommended that worldwide marketing firms be employed and engaged. Let’s look at what marketing firms are looking for.
Criteria For Marketing Agencies
The marketing companies chosen will be in charge of marketing, promoting, selling, and offering other services to Pakistanis living in other countries. The requirements for marketing agencies must be shown in the open advertisement, which also will meet the Public Procurement Regulatory Authority’s standards (PPRA).
The applicants for the project must have operations in at least two different places. Companies must have an office in the United States, Australia, New Zealand, the United Kingdom, or even the Organisation Of Islamic cooperation. The authorities will also give the agencies an approved application form which would be delivered as a service to foreign Pakistanis with an RDA. For greater coverage, the authorities will post a similar application on their official websites. A fee of 1% of the price of each unit sold would be paid to organizations for marketing, promoting, marketing, selling, or other connected activities.
What is the best way to apply for apartments?
Applicants may apply for flats through marketing companies or by sending their application services to IDFL. The membership cost is USD 1,000, and units will be assigned on a first-come, first-served system through Roshan Digital Assets (RDA). The date and time of the joining fee payment will decide which applications are given priority. The vista of Park Enclave Heights comes to a close at this point.
Stay tuned to Feeta Blog to learn more about Architecture and Interior Design.
Roshan Digital Account For Overseas Pakistanis
- Published in News, Real Estate Guide, real estate market, real estate marketing, Real Estate News
Top Residential Schemes Near Raiwind Road Lahore
Lahore is a wonderful city with a distinct culture and personality. Anybody could be seduced by the city. In a nutshell, Lahore has something for everyone, which is why so many people want to relocate to the city. The need for houses in Lahore is growing in tandem with the city’s increasing population. Lahore is also attracting significantly fewer capitalists than before, due to the recent trend of investment in farmhouses. Everyone wants to be in an area that is not just safe but also links them to all of Lahore’s large cities. Raiwind is now at the top of the list. Raiwind is a prosperous community. The area is just outside of the main city. Despite this, the population of such an area keeps growing due to the availability of affordable new houses.
The road has become a center of infrastructural and residential projects due to its association with a particular. Raiwind Road today houses some of Lahore’s most creative residential properties, which have been built at breakneck speed. These home projects were designed with world-class features and secure gated surroundings in order to provide an excellent attainable lifestyle to their inhabitants. In this blog, I am going to discuss each of the most frequent and important residential projects on Raiwind Road.
Residential Projects Near Raiwind Road That Are Worth Investing In
At Raiwind, a number of developers have created new and premium residential buildings. As a function of such a step, businesses seem to become increasingly interested in the area. So, if you’re looking for a home away from the bustling and bustle of the city even while remaining connected to it, look at housing projects on Raiwind Lahore.
The residential developments we’ll be discussing are some of the industry’s most successful real estate projects. Additionally, they have gained permission from all appropriate authorities, making them safe and profitable property investing decisions in Lahore.
Lv Heights
LV Heights is a beautifully designed vertical residential area that offers exquisite residences inside an upmarket and safe setting. In the excellent Lahore Villas district, which is immediately connected to the main Raiwind Road, the apartment building provides well-designed studio flats, 1- and 2-bedroom apartments.
With direct access to Raiwind Road, one of Lahore’s busiest thoroughfares, LV Heights too has a high value of the property and also provides inhabitants with exceptional navigational convenience. Adda Plot, Lahore Ring Road, Safari Zoo Park, Shaukat Khanum Hospital, and a number of great higher education institutions are within a near range.
LV Heights offers users a futuristic lifestyle it’s anything but ordinary as a high-end apartment complex. A 24/7 safety system, subsurface wiring, in-house gymnasium, laundry facilities, children’s play area, roof-top restaurant, devoted car parking, elevated lifts with achieving sustainability, and a swimming pool are some of the most notable factors that influence the development.
Tameer Developers, a well-known company in the development sector, is the mastermind behind this beautifully designed apartment complex. LV Heights is recognized as one of the top housing projects along Raiwind Road attributed to a combination of ground-breaking features. It will almost certainly lead to a great return on investment. Given the project’s wide scope, it offers amazingly low per-square-foot pricing, making it incredibly attractive to investors.
Icon Valley Phase 2
Icon Valley Phase II is Iconic Valley Developers’ flagship real estate development. Icon Valley Phase I, their previous development, was just a complete success. Icon Valley Phase II, per the developers, is set gonna take it to a whole other level. It really is a precisely constructed housing scheme that provides inhabitants with all the latest conveniences. This development enjoys a rather practical position as it is located upon the main Raiwind Road but is only a few minute’s drive away from numerous famous places and amenities like Lahore Ring Road, Safari Park, Shaukat Khanum, as well as the Lahore-Islamabad M2 Motorway, and others.
Icon Valley Phase II introduces relatively affordable yet fully-featured townhouses for the first time in Lahore’s property sector and is another key appeal of such an up-and-coming housing project. They are far less expensive than identical properties in many nearby housing projects. Considering their inexpensive cost, these townhouses offer access to those projects’ noteworthy facilities.
When you miss out on Icon Valley Phase I, it’s an even larger and greater chance. Real estate prices in the Raiwind Highway have increased by 40-50 percent in the last three years and are likely to go up more down the valley, increasing the housing scheme’s competitiveness. While Icon Valley Phase II is mainly a housing property, this has a lot to give to a wide range of business investors. The project’s real estate consists of retail stores, corporate offices, residential apartments, and, of course, townhouses. Property in just this project is moving rapidly as it’s been approved by the Development Authority (LDA) and provides flexible payment plans.
Al Hayat Residencia
If you are looking for a modern and comfortable apartment then consider Al Hayat Residencia. This vertical residential project’s remarkable characteristics, combined with its popular area, make it a fantastic addition to that same Lahore residential real estate market. Al Hayat Engineers and Developers, another of the industry’s most renowned names, is just the minds behind all these high-end apartment projects.
This is one of the most luxurious residential developments in Lahore, located on Raiwind Road. Al Hayat Residencia was designed to be a safe, gated community with all the conveniences of modernity. The apartment complex includes one-, two-, and three-bedroom units with modern architectural drawings and is well-designed.
A community center, an indoor cinema, a mall, a rooftop restaurant, a comprehensive gym, and a material removal social aspect will all be included in the vertical accommodation plan. One of the features of the Residency is the main courtyard of magnificence, Al-Hayat, which allows you to completely enjoy the community’s existence. It will be a wonderful location for family and friends to gather and play with children in a protected manner.
This new home development is being built on Safari Rd, which is a good spot. Al Hayat Residencia is the wonderful and best-located apartment building in Lahore, with Raiwind Road just a short distance away. Lahore Safari Zoo and Shaukat Khanum Memorial Hospital are two of the big features in the area. You can also enjoy easy access to Lahore’s well-known Ring Road if you live in this grand-scale apartment structure.
All other investing prospects are based on living accommodations. Investors in the project might expect financial gains of up to 80% over the next four years, according to local real estate specialists. A simple payment plan is an easy way to invest. Due to a number of intriguing characteristics, the project inventory is reaching completion. Time is running out, and you must work diligently to obtain an apartment in this sophisticated building.
Platinum Homes
Platinum Homes, one of its most anticipated residential developments on Raiwind Road in Lahore, and expected to elevate the standard for contemporary apartment living in the city. The gated community was designed with edge lifestyle facilities in mind, assuring that its members have the highest convenience and safety. For round security surveillance system, a constant energy supply, a state-of-the-art water filtration system, well-paved roads, and enough green spaces are just a few of the amenities provided by such an up-and-coming home plan on Railwind Road.
The project’s excellent location, which is directly linked to the main Raiwind Road, provides direct access to many major highways, landmarks, and facilities, including Adda Plot Junction here on Lahore Ring Road, the Lahore-Islamabad Motorway M2, Shaukat Khanum Hospital, or the Lahore Safari Park. Platinum Homes’ housing estate includes fully prepared three-marla houses with attractive interiors and exteriors. This residential development’s residences have a known and understood space of 1,482 square feet and three bedrooms, making them perfect for modest homes.
Platinum Homes, the brainchild of Platinum Construction Ltd, has received all necessary approvals. Feeta.pk, Pakistan’s most reliable property portal, is advertising it. As a result of all these factors, it’s among the safest property investment choices in Lahore.
Regardless of the fact that Platinum Homes is built with low features, this project’s property prices are surprisingly low. Furthermore, as an investment, you can buy a home within the project with easy 2-year payment plans, adding to your convenience. Check out our Platinum Homes project description to get extra information on this very well residential community.
J Heights
J Heights is envisioned to beautify Raiwind Road with its incredibly attractive exterior and outstanding property investment scope. That is a high-end project in Lahore that offers luxury apartments. The property is practically attached to the central Raiwind Road and is conveniently located close to numerous prominent monuments and amenities such as Emporium Mall, Orange Line Station and Motorway M2, etc.
J Heights is a new high-end housing property filled with all the delights and conveniences to let you have an unparalleled urban experience. A rooftop recreational area for major parties and fine dining with recipes by renowned chefs, housekeeping service, a prayer hall, a smart door system, protected parking areas with valet services, 24/7 security with CCTV surveillance, enclosed sports stadiums as well as the gym are just a few of the project’s top-of-the-line facilities and amenities.
If you’re searching for beautifully built luxury flats in Lahore that you can afford in monthly installments, J Heights is the place to go. It’s one of the primary reasons for the apartment complex’s astounding success since it’s presently one of Raiwind Cycleway’s more popular housing developments. You can choose between 1- and two-bedroom luxury apartments for investing in J Heights. The entire project’s interior has been equipped using high-end fittings and fixtures to create a sense of luxury.
J Heights is generating headlines not only for its high-end features but also for its excellent financial potential. Zameen.com, as a marketing and sales partner, has given it its seal of approval. The project has been carefully reviewed for any potential legal difficulties, and it is a completely risk-free investment. The property price on the Raiwind Main Road has increased significantly in recent years, implying that a rising project like J Heights inside the area will provide a good return and a strong rental return.
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.
Top Residential Schemes Near Raiwind Road Lahore
Amazing Winter Destinations in Pakistan’s North
Pakistan is one of the few countries in the world having four distinct seasons. Winter, summer, spring, and fall are all beautiful seasons to visit in Pakistan. Every season has its own distinct flavor and set of advantages. The northern parts of Pakistan enjoy four beautiful seasons at once, as well as spectacular vistas and locations. These zones are carried out using different astronomical regions of the earth’s sky. Because of their beauty, tourists from all over the world, including Pakistanis, have been lured to these destinations.
Summer and winter vacations are popular in Pakistan’s northern regions, which are also noted for their breathtaking beauty. You’ve come to the right location if you’re thinking of taking a winter holiday to the north. On this page, we’ve come up with a list of the finest tourist sites in the country.
The below places are famous not for their stunning scenery, but also for two of the greatest tourist amenities, like road and communication infrastructure, hotel rooms for short stays, and vacation homes.
Swat is an adventure tourism place
Those who visit Swat regularly might also make the once commitment by buying an apartment. Check out Cedar Valley in Kalam for the studio, one, and 2 bedrooms apartments that may be rented out for extra money.
Shogran in winters
On the road to Naran and Babusar Top, Shogran is off the usual path. The tourist destination is well-connected to the region’s stunning natural features, such as Siri Paye and Makra Peak, and is also suitable for trekking and camping. In the winter, Shogran is covered in snow, then you’ll have to hire a 4X4 to get somewhere; but, in the summer, you may drive your own car.
For just an overnight stay in Shogran, there are many hotels to choose from. If you arrive in Shogran in the middle of the day, it is better to schedule your trip to Siri Paye for the next morning. Another reason for this is that most of the roads are covered with snow, and traveling after the evening is far too risky.
Snacks, lunch, or supper are all available in a commercial setting. It’s not difficult to find a hotel room, and rates in different resorts start at PKR 6,000 per night.
Kalash valley and its winter festival
Kalash’s three valleys are Rumbur, Bumburet, and Birir. All year, Kalash Valley residents may participate in a number of events. Chilam Joshi, a summer event, is certainly familiar to you. A four-day festival attracts hundreds of locals and guests.
Every year from December 7 to December 22, they celebrate Chaw Mos, their most important festival. The Kalash winter celebration celebrates the start of the new year or the conclusion of the harvest season. Tourists and locals alike will be able to learn more about the valley’s interesting history. The natural beauty of Kalash Valley will surprise you, in contrast to such fascinating and colorful displays of local culture.
To remain warm during the Kalash Valley’s severely cold winters, take large jackets, sweaters, and other warm clothing. In the Kalash area, private hotels and guest houses are available, with nightly rates ranging from PKR 2,000 to PKR 3,000 depending on the season.
Also, if you want to read more informative content about construction and real estate, keep following Feeta Blog, the best property blog in Pakistan.
Amazing Winter Destinations in Pakistan’s North
- Published in International, tour, Tourism, travel, travel destinations, travel destinations in asia
New Property Valuation Rates Until Jan 31
The Federal Board of Revenue (FBR) has postponed its determination on the application of escalating housing values levies in 40 major cities until January 31, 2022.
According to the board’s 2019 Strategic Regulatory Regulation (SRO), Minister of Finance Shaukat Tarin and FBR high-ups feel that property value rates should be hiked by 25 to 30%. Since one of the criteria of the Global Bank’s $400 million Pakistan Raises Revenues (PRR) loan is also that value management rates be related to real market pricing, nothing is being decided yet.
Although it was agreed that the property will be assessed when a shareholder overvalued a home or even if the Alerted valuation tables were devalued, the FBR offered detailed instructions inside an Office Brief as to how to evaluate and execute property cost differences. According to FBR officials, the corporation can assess the market value of assets owned, therefore new valuation tables were produced on Dec 1, 2021, for 40 major cities, bringing properties closer to their genuine market value.
Per the authorities, the FBR has received complaints from a variety of sources, including real estate brokers and housing societies, who have pointed out irregularities and inaccuracies in the recently released value tables. According to the FBR, all solutions to these concerns will be re-notified, with a deadline of January 31, 2022 for execution.
For more information on the real estate sector of the country, keep reading Feeta Blog.
New Property Valuation Rates Until Jan 31
Government Plans 9 Housing Developments Abroad
The Ministry of Abroad Pakistanis and Human Resource Development (OP&HR) has put up nine residential complexes throughout Pakistan to house overseas Pakistanis. The Phase-1 Lahore Overseas Pakistanis Foundation (OPF) Housing Scheme, Phase-1 expansion, and Phase-II OF Farmhouses in Larkana, Dadu, Peshawar, Gujrat, Chitterpari Mirpur AJK, and Zone-V Islamabad are all under development, according to an official source. He said that such programs gave overseas Pakistanis millions of acres in attractive localities including Islamabad, Lahore, Gujrat, Peshawar, Dadu, Larkana, and Mirpur.
The federal government has decided to start developing nine housing developments for Pakistanis abroad all around the country, according to the Ministry for Abroad Pakistan & Employment.
Lahore Overseas Pakistanis Foundation Housing Scheme Phase One, OPF Farm House Phase One Expansion Plan and Phase Two Construction, Larkana, Dadu, Peshawar, Gujarat, Mirpur Jammu & Kashmir, and Zone Five are among housing projects mentioned by ministry authorities. Housing projects are planned in Islamabad.
The federal cabinet has received an update from the Interior Ministry on the issue and will make a decision soon. This apartment complex would be built on Park Road Zone Four in Islamabad, according to the source. The research will benefit around 40,000 individuals, with 6,000 housing units included.
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Government Plans 9 Housing Developments Abroad
The Pakistan Citizen Portal: A Step-by-Step Guide
The Pakistan Citizen Portal (PCP) is a government-owned smartphone app that allows taxpayers to submit controversial issues for expert evaluation and assistance on subjects like income tax, sales tax, customs, and federal excise duty (FED). It helps the country promote a measurable performance management culture and holds the FBR / government unit responsible for its assigned tasks and obligations. It also assists in the identification of gray areas in the service delivery system, allowing for early action and improvement.
Update (April 7, 2021): In order to address widespread–and long-standing–concerns in Pakistan about illegal land ownership, a special area on the Pakistan Citizen Portal (PCP) has been established for reporting complaints related to land grabbing, or ‘Qabza mafia,’ as it’s more commonly known.
A specific category on Pakistan Citizens Portal for registering issues related to land grabbing/Qabza Mafia was inaugurated during a live telephone discussion on Apr 4, 2021, according to the public announcement.
On the other hand, complaints regarding judicial procedures will not be entertained the Prime Minister’s Office added, citing PCP-rules. Manual’s “Complaints from Pakistanis in other countries will be reviewed as soon as possible,” the statement says.
Update (Jan. 28, 2021): During a review meeting in Faisalabad, Deputy Commissioner Muhammad Ali disclosed that the district has addressed 43,068 public complaints received through the Pakistan Citizen Portal. Authorities received a total of 45,080 complaints, including 886 new ones, as well as comments from community members, through the Pakistan Citizen Portal.
Update (Jan. 1, 2021): The interface of the Pakistan Citizen Portal app has been completely redesigned to enhance consumer convenience to new levels. Complaints, Guidance, & Recommendations seem to be the three basic categories into which the capabilities have been divided. The freshly enhanced interactive environment will allow the user to traverse the program with ease, and they’ll be capable of contributing to the portal’s service enhancement by leaving comments in the ‘Suggestions’ area. The Pakistan Citizen Portal app has been updated and is now accessible just on the Apple And Google Play Store.
Update (Sep. 14, 2020): Do you want to make a good impact in your community? Are you looking for a way to solve your water and energy issues? Do you want to make a complaint because a local government employee has failed to meet their obligations? You’ve arrived to a Pakistan Citizen Portal, a new sort of participatory governance through the mobile application if you answered affirmative to the majority of the questions above. It’s also known as the Prime Minister’s Portal.
Features and functionality of the Pakistan Citizen Portal App
- Take a look at these main characteristics and purposes of a Prime Minister’s Portal so we can go over what to register and follow up on a complaint using PCP.
- Registration on the site is absolutely free.
- You have access to a direct way of communicating with government authorities by opening an account.
- You can file a complaint, point out flaws and problems, and make recommendations.
- The greatest feature about using the PM’s Portal is that you shouldn’t need a reference or an intermediary to do the assignment.
- Keeping an eye on the status of concerns in live time.
Purpose
- The Pakistan Public Portal’s objective is to provide government entities with the resources they need to quickly respond to and answer citizen issues.
- Ascertain that the complaints get sent to the appropriate government agencies and departments.
- All complaints should be handled quickly, and the complainant should be kept informed throughout the process.
- Keep an eye on the plaintiff’s final remedy to see if it helped to solve the problem.
- The issues and recommendations must be revisited because they’re not satisfactorily solved.
- Sort through the ideas and apply the best ones.
- Decide how you’ll handle issues of secrecy.
- Connect current govt complaint centers to a Pakistan Citizen Portal.
Uses Of The Prime Minister’s Portal
- There are several methods to go to the Pakistan Citizen Portal.
- Complaints – Anyone can use the Pakistan Citizens Portal to register a complaint about a specific scenario, a legal violation, or even a social responsibility issue.
- It also is feasible to do a search of any government department.
- Make proposals for any social or organizational change.
PM portal is used to handle complaints
The Pakistan Citizen Portal registration process is really straightforward. To begin, go to the Play Store and download our Pakistan Citizen Portal for Android & apple. You’ll be a registered member who can swiftly make complaints after you’ve entered all the necessary information and fill out all of the blank spaces. When you register a complaint about unsatisfactory service, employee behavior, inefficient processes, merit violations, or poor administration, it passes through a lot of phases.
New Complaints
Under the ‘New Complaints’ symbol on the dashboard, a new problem would emerge. Until the complaint is reopened for further debate and action, it will be stored in this area. Around this time, one’s time frame for dealing with concerns will begin to take shape and be measured.
In-process Complaints
‘In Progress Complaint’ is typically delivered whenever a complaint is submitted and action is taken. The complaint is sent to the appropriate authorities for urgent action as a first step.
Escalated Complaints
From the beginning, your complaint was conveyed to the proper public-interest organizations. If the matter is not resolved by the Prime Minister’s Portal by the date, it is transferred to the ‘Escalated Complaints’ area. Simple escalation and extreme escalation are the two types of escalation. Your issue escalates after 20 days, and the signal becomes red. The complaint would be referred to the department’s next highest-ranking government official.
On the 41st day, once it is filed, the initially elevated complaint will be upgraded to super escalation. The complaint will now be communicated to all of the relevant government office’s top officials. At this time, the Prime Minister’s Office will be able to research the complaint, and it’ll be noted that 41 days have elapsed with no resolution. Employees of a state who were previously involved in settling the complaint would be found responsible for its unresolved status.
Forwarded Complaints
The focal person who manages the dashboard may forward a complaint to the appropriate authority. The forwarding option allows for two-way contact, with erroneously received complaints either from a registered member or a government agency being transferred to itself within 24hrs through the system. The complaints which were received as a result of a mistake are recovered and forwarded to the proper authorities, along with suitable remarks. Depending on where the report must be forwarded, the person in charge or authority in control of the dashboard and complaints have to choose between state and federal entities.
Complaint Resolved
The Pakistan Citizen Portal also shows you the status of the complaint, this is one of the most useful features. A panel’s handler can be one of three things: Certain aid has been provided, some relief has been granted, and no relief may be granted. Despite the fact that the registered citizen wants a full resolution to his or her problems, it is not always necessary for the complaint to be resolved to the satisfaction of the complainant for a number of reasons and conditions.
A complaint lodged at the Pakistan Citizen Portal does not mean that your case will be solved by going above the law. The government entity will choose ‘partial relief granted’ if some action has been taken and the solution is underway. If complete relief has been granted then the government official will tick off the ‘relief granted’ box. It is mandatory for all government offices to record remarks in the comment box when marking it as resolved. Reference should also be attached showcasing the satisfaction of the complainant.
Reopening Of A Complaint
If a complaint was closed erroneously, it really should be reopened and solved immediately as possible. If an organization’s leadership determines that the grievance was not sufficiently resolved and to the citizen’s satisfaction increases on the citizen’s input, the complaint might well be reopened. If a government agency fails to resolve a citizen’s complaint, the Prime Minister’s office will assess the current situation and consider it the highest issue.
Follow Up Mechanism
It has now been demonstrated that a viable follow-up strategy may be used. This aids in the evaluation of the government’s performance and the investigation of complaints. They may well be able to provide the required insights on how well the government entity’s service delivery and procedures might be improved. A review session will be held once a month to look over the concerns. Furthermore, all federal government institutions must perform extensive efficiency audits, involving public feedback surveys, on an annual basis. Increasingly prevalent complaints, systemic issues, and improvement proposals should all be presented to an organization’s personnel on a regular basis. The following criteria will be used to evaluate the employee’s performance:
- Considering the length of time it took to settle the concerns.
- The number of complaints that were resolved.
- Response time to citizens is of high quality.
- Comments from the public.
So this is it for Pakistan’s most widely used complaint filing and resolution system. Other government-run agencies, like the Excise and Taxation Department, Islamabad, and Sindh, are listed in this comprehensive database.
For more information on the real estate sector of the country, keep reading Feeta Blog.
The Pakistan Citizen Portal: A Step-by-Step Guide
- Published in International, News
White Interiors Warmed by Natural Wood
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Fresh, clean, airy and spacious, white decor achieves all these desirable aesthetics but can sometimes project a cold and sterile environment. That said, there are many ways to compensate for the coolness of the pure white color palette, and these two inspiring home interiors show one of the most subtle approaches to the task. To gently warm the look without compromising the minimalist mood, these white interior designs include areas of light wood tone and a delicate blend of beige accents. Delicate black anchor points weigh the windy white decorative palette in tiny doses, just enough to sharpen and define.
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White Interiors Warmed by Natural Wood
- Published in Designs by Style, interior, Interior Decoration Ideas, Interior Design, interiors, International, modern, white, wood
Creating Mixed Moods With Concrete Interiors
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At first glance, a laconic material palette of cold gray concrete may not lend much to fluctuations in character and atmosphere between the different rooms and functional spaces of a family home interior. However, it turns out that the cool concrete slab makes an excellent candidate for flexible functionality and an ideal canvas on which to create mixed moods. In these two inspiring home designs, the use and play of atmospheric light take on the role of a writer or artist, writing and sculpting new scenes for life. Considered lighting schemes form warmly welcoming lounge areas, sacred family dining rooms, invigorating home workspaces and multi-detailed connectivity spaces.
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Creating Mixed Moods With Concrete Interiors
- Published in concrete, decor, Designs by Style, grey, interior, Interior Decoration Ideas, Interior Design, interiors, International
Interior Inspiration: 5 Beautiful Boho Variations
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Boho Variations interiors all have in common, but there are many different ways in which to individually perfect the aesthetics. This inspiring collection of beautiful boho interiors shows five divergent captures of the atmosphere. Our first boho variety is a rich umbra cocoon with thick textures, tribal influences and decorative features that are inspired by the bow trend. Home design number two is a refined modern space with green botanical accents. Rustic romance forms a boho interior number three, with a particularly dreamy bedroom. Mid-century influences lightly taste home number four, and our final stop is an impressive, high-ceilinged apartment with decidedly luxurious bohemian décor, upscale furniture and a stunning fireplace.
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Interior Inspiration: 5 Beautiful Boho Variations
For The Love Of Linear Architecture
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In an abundant natural environment of mature trees, dense shrubs and soft lawns, low-linear Architecture kindly blends in with the environment. The smooth, man-made linear shape lies peacefully in the emerald cushion of nature to create a balance of life, firmly rooted and standing firmly side by side. Today we celebrate our love of linear architecture with two contemporary home designs. Our first is a house of two planes, large concrete slabs that sandwich a glass room, open living spaces and private sets. A bright, rectangular pool mimics the elongated line of the building, emphasizing its scale. Our second, a house in Sotogrande, proves an almost invisible connection with its habitat with fabulous frameless glass walls.
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For The Love Of Linear Architecture
Restful & Rounded Sculptural Home Interior
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Resting in its lacquered warm white and natural wood tone color palette, this modern apartment in Moscow communicates a delicious style and utmost elegance. Designed by Belousova.Intern, The exquisite home design features gently rounded furniture silhouettes and beautifully curved statement walls that form a welcoming and comfortable layout. The stunning curves seem to comfortably cocoon every dwelling and every turn. Luxurious marble display walls insert a deep burgundy vein into the lightweight environment, adding depth and a mesmerizing pattern. In the master bedroom, we discover a fabulous custom-made headboard wall that undulates with white waves and a tiny bathroom with a unique free-form mirror.
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Restful & Rounded Sculptural Home Interior
- Published in house tour, House Tours, interior, Interior Decoration Ideas, Interior Design, interiors, International, modern, white
Stucco Wall Treatments for Diverse Decor Styles
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Stucco wall coverings make textured backgrounds that provide many decorative styles. Their subtle inclusion provides a canvas that complements a lot of accompanying materials, colors and furniture design, without any collision or overpowering. These four inspiring home designs show how to use concrete stucco in modern settings for the family, young professionals and the advanced homeowner. Home design number one features a water-molded concrete living room with a cohesive play area for the little ones. Design two is where industrial concrete meets cool Scandi style. Home three dips into the realm of color, and design number four features a smooth capitulation of microcement in a refined, spacious dwelling.
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Stucco Wall Treatments for Diverse Decor Styles
- Published in concrete, Decoration, interior, Interior Decoration Ideas, Interior Design, interiors, International, wall decor
A Modern House On A Challenging Sloped Terrain
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Negotiating the rugged, sloping terrain, this modern home design in Santa Maria Da Feira, Portugal, is arranged to prioritize beautiful open views and a peaceful connection with the garden. Created by an architectural firm Lopes da Costa Workshop, the luxury house is focused mainly to the south, where it encompasses an outdoor swimming pool and a fixed sun deck on two sides. The elbow that connects the two sloping volumes of the home is a glazed corridor that bridges the soaked, grassy garden below. The south / north-facing slope of the site produces a false basement that pockets a comfortable TV lounge and covered parking lots between the support areas.
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A Modern House On A Challenging Sloped Terrain
- Published in home, homes, house, house design, house tour, House Tours, interior, Interior Decoration Ideas, Interior Design, interiors, International, modern, swimming pool
Microcement Stucco & Muted Accents: Mellow Mood
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Dull green, taupe and copper accents gently color the creamy microcement stucco interiors of these two beautiful modern home designs. The calm decorative palette creates a gentle mood that is spiced up with a striking contemporary design and unique lighting. Our first outstanding home design is colored with bright mossy green elements that live among many indoor plants. Arched windows bring daylight and a skyline. The second of our two home interiors show a large, airy apartment with a cantilevered staircase. The double high lounge reaches up to the rooftops, where a luxurious mezzanine bedroom rests in warm copper tones.
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Microcement Stucco & Muted Accents: Mellow Mood
- Published in Designs by Style, interior, Interior Decoration Ideas, Interior Design, interiors, International, modern, open plan
Nail the Look: Tips, Inspiration & Decor Accessories
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Hello, my friend! It’s time for a Paris adventure. French interiors are effortlessly chic, as one would expect from one of the most elegant cultures in the world. So how can we capture this enchanting aesthetic in other parts of the globe? The French interior design style focuses on timeless elegance rather than fleeting trends. It’s a mix of high-end style, intricate detail and breezy effortlessness. We have put together a collection of four luxurious designs that showcase the high-end principles of chic Parisian apartments, where clean modern lines meet decorative slices of elegant royalty. Stay with us through this lot of modern French interior tips, inspiration and decorative accessories that will help you nail the look.
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Nail the Look: Tips, Inspiration & Decor Accessories
- Published in Accessories, decor, Designs by Style, french, interior, Interior Decoration Ideas, Interior Design, interiors, International
Making Decor Magic With Stone Feature Walls
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Stone feature walls build pure magic within these two very special interior designs. A rough rock accent wall forms a fabulous room divider in our first property. This unique element of decoration provides the modern living room with a huge statement and acts as a TV wall. The dramatic stone partition is split by a crack of clear glass, which creates an internal picture window that connects to the bedroom series. In our second home design, a black stone feature wall is incorporated into a grumpy living room scheme. The palpation accent wall is joined by coarse concrete and fluted finishes to create a deeply woven interior.
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Making Decor Magic With Stone Feature Walls
- Published in decor, Decoration, home, Home Decor, home design, house, house decoration, house design, interior, Interior Decoration Ideas, Interior Design, interiors, International, stone
FBR Amnesty for Real Estate Investment
Available Options under FBR Amnesty
Those who are owners or buyers of a building, or own a unit in a building, may avail themselves of the current amnesty in respect of the purchase price of a building or unit under the following conditions:
For New Projects registered with FBR under Section 100D of the Income Tax Ordinance, 2001:
A person wishing to take advantage of the amnesty must make a full payment through the banking channel (cross-bank instrument only) for the projects registered with FBR from the initial date of the project until 31.st March 2023.
For Existing Projects affiliated with FBR under Section 100D of the Income Tax Ordinance, 2001
For existing projects registered with FBR, full or balanced payment must be paid through the banking channel (Cross Bank instrument only) from the initial registration date until 31.st March 2023.
Process Recording
Prior to taking advantage of the amnesty, FBR made it mandatory for the buyer to register with the regulatory authority. The registration process is as follows:
- Log in to FBR’s IRIS portal
- Click the registration tab and select the buyer’s option. A registration form will appear.
- At the far right, click on the ‘+’ icon and an information box will appear on the screen.
- Enter the details of an Existing / New project including the name and NTN of the project
- Enter the purchase price, transfer date and location
- Again, click the ‘+’ sign in the far right
- Next, enter the details related to the payment instrument
- Click ‘Next’ and do not enter any data. Continue by clicking ‘Next’.
- In the next step, an add-on tab will open and click on the ‘+’ sign.
- Attach all relevant documents (FBR rates of the relevant area, Map Approval, Delivery / Agreement for Sale)
- Click Finish
- Go to Control Tab, enter PIN and confirm.
- Click ‘Submit’ and the registration process will be complete.
Conditionality
- According to the FBR, money invested and derived from the commission of criminal offenses including Terrible Finance, Money Laundering, and Blackmail will lead to the buyer’s disqualification from utilizing the amnesty scheme.
- However, money not derived from the commission of criminal offenses, and not declared under the Income Tax Ordinance, 2001 may be invested, is exempt and enjoys immunity from Section 111.
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.
FBR Amnesty for Real Estate Investment
- Published in International, Real Estate Guide
Soft Monochrome Decor & Modern Lighting
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Super soft monochrome decoration melts over these two luxurious modern home interiors, creating a soft calm. Each of these home interiors is furnished with custom cabinets that fit smoothly and build a luxurious look. Elegant metallic accents elevate the warm, creamy background of these home designs, adding a rich shine that polishes room arrangements with a sense of quality. Large modern lighting fixtures are used to sculpt shape and create a unique style, often acting as the main focus for the space. From oversized and unusual hanging designs, to eye-catching modern floor lamps and contemporary wall lights, there’s inspiration here to brighten up your interior.
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Soft Monochrome Decor & Modern Lighting
- Published in decor, Designs by Style, interior, Interior Decoration Ideas, Interior Design, interiors, International, lighting, modern, monochrome
A Geometric House In Exposed Concrete
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Resting gently on the undulating green ground of Bragança Paulista in the state of São Paulo, Brazil, this luxurious home design respects its place. Created by an architectural firm Jurij Vital, the 693-square-foot house was designed as a perfectly linear volume that draws in both intimate and distant views of the beautiful valley ahead. A board-shaped concrete exterior shapes the modern home exterior, along with huge expanses of wooden shutters. Cantilevered volumes float lightly between oblique structural walls on each side of the house. Elegant supporting pillars meet the grassy ground or sink gently into the water mirror that surrounds the front of the farm.
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A Geometric House In Exposed Concrete
- Published in brazil, home, house, house design, house tour, House Tours, Luxury, pool
Essential Info on Mortgage Housing in Pakistan
Pakistan has been one of the most difficult countries to secure a home loan. Very few banks offer and eagerly market mortgages, and those that do often have tedious and daunting conditions. As a result, home mortgages in Pakistan have historically been as low as the equivalent of just 0.3 percent of the country’s total gross domestic product (GDP).
However, this figure has started to improve gradually due to the initiatives of the ruling government aimed at moderating the access of Pakistanis to home ownership. The government of Pakistan has launched an ambitious push to build 5 million affordable homes under the Naya Pakistan Housing Scheme and consequently relaxed various bank rules governing mortgages, making it more convenient for poor families to secure home loans.
What is a Mortgage?
The term mortgage originates from the financial system of lending. It is a typical loan that is used to buy or keep a home, land or other types of real estate. In mortgage financing, the borrower unconditionally agrees to pay the lender over time, normally in a series of consequential payments that are secured to form a figure higher than the original amount of the loan. The property itself serves as collateral to secure the loan.
A borrower must apply for a mortgage loan through one of the trusted lenders, ensuring that the necessary conditions and requirements are fully met including minimum credit scores and down payments. Mortgage applications are passed through a rigorous insurance and review process before they are approved. La types of mortgage loans vary according to the needs of the borrower, for example, conventional and variable loans. However, in countries like Pakistan, mortgage financing is restructured in light of various principles in line with the banking system and economic dynamics of the country.
How mortgages work
Individuals and businesses around the world are using the mortgage finance model to buy real estate without having to pay the full purchase price in advance. The borrower repays the obtained mortgage loan with an additional amount for a defined period of time in a series of regular payments until they own the property free, clearly and by all legal means. Mortgages are also known as property claims or foreclosures against the property. If the borrower fails to pay or fails to pay the mortgage, the lender has the right to foreclose on the property.
The Mortgage Process: How to Apply for a Mortgage?
Home mortgage lenders begin the process by submitting an official application to one or more mortgage lenders. The lender requests proof that the borrower is quite capable of repaying the loan. This index may include bank statements, the most recent tax returns, and proof of current employment. The lender will also do a mandatory credit check.
If your required credentials are complete in all respects, and therefore acceptable, the application is approved. The lender will proceed by offering the required amount of loan at a certain interest rate. However, the fixed interest rate is a reason why many people in Muslim countries strongly oppose the acquisition of bank loans. Alternatives to interest, like other financial models, still lead to convincing people.
If the question in your mind is how I am pre-approved for a home loan, then the answer is simple. Homeowners can also choose to apply for a mortgage after choosing the property they are looking to buy or while they are still. in the hunt for the right property, this process is known as pre-approval. Being pre-approved for a mortgage can enable buyers to keep a margin in a demand-sensitive housing market where sellers need a full guarantee of whether the buyer will have the money to back up their offer.
Once a buyer and seller agree on the terms of their property, they or their real estate agents meet at what is called the closing. This is the meeting where the down payment is made by the homebuyer or on his behalf to the lender. Once the down payment has been received, the contract stating all the terms is signed and the seller agrees to transfer ownership of the property to the buyer and receive the mutually agreed amount of money. Therefore, the buyer signs any other mortgage documents as needed.
Purposes and types of mortgage loan
A mortgage loan is obtained by borrowers for multiple purposes; however, all of the mortgage loan applications fall within the real estate sector. These loans serve as an aid in buying property. Some of the most common mortgage types and types include:
New home construction
This type of mortgage loan is extended to people who already own a piece of land and need financial support to cover the cost of building a mortgage. house on that earth. The disbursement of this type of mortgage is made in installments during the construction phase by appraisal of the Invoice Amounts (BOQs) submitted by the mortgage applicant duly audited by an approved appraisal agency authorized by the bank.
Purchase of land and construction
This form of loan is given to customers who are looking to buy land with the aim of building a house on that land. The disbursement of a certain amount of this loan is made on the purchase of the plot by the customer, and then the rest of the amount is released in installments during the construction phase by estimating the Invoice Amounts (BOQs) submitted by the mortgage applicant. duly audited by an approved rating agency authorized by the bank.
Home Purchase
As its name suggests, this type of mortgage loan is obtained for buying a house that is already built. This can either be a pre-owned house or in the other case a newly built one.
Renewal
This mortgage loan is extended to those who already own the home ownership, and need funding for renovation. The disbursement of this loan is made in two installments after the borrower has provided BOQs duly audited and authenticated by an approved rating agency authorized by the bank.
Home mortgage in Pakistan
A recent study by Pakistan Housing Finance revealed the fact that there is a healthy demand for home mortgage loans in Pakistan driven by upper-middle-class families in various cities of the country. The report studied 26 Pakistani cities and found that with the right products, systems, financing and less stringent conditions, lenders could possibly have around 500,000 new borrowers. The study set the probative value of the mortgage market at about $ 4 billion with growing inflows into the country’s financial system driven by favorable government incentives.
Various institutions in Pakistan offer mortgage loans. If you are wondering how to apply for a mortgage loan, all you have to do is trust the information on this blog and visit any of the banks that offer mortgage loans in Pakistan. Some reliable banks that offer decent mortgage products with unbiased terms are Bank Al-Habib, National Bank of Pakistan, Standard Chartered, Askari Bank and more. Some other forums where you can get reliable information about mortgage loans in Pakistan include:
Pakistan Mortgage Refinancing Company (PMRC)
PMRC is a Mortgage Liquidation Facility established by the State Bank of Pakistan to address the long-term financing limit in the banking sector and to promote housing finance to the fullest. PMRC serves as an assured source of long-term funding at competitive rates. You can visit the PMRC website to learn more about mortgage financing.
Home Construction Finance Company (HBFC)
Established in 1952, HBFC is the only housing finance institution in Pakistan set up by the Government of Pakistan. Its services are focused on providing funding for the housing needs of lower and middle-income citizens. HBFC serves through its deep-rooted and national footprint of 51 Branches serving citizens across the country.
Conclusion
Real estate mortgage loan in Pakistan has never been a popular choice historically. This is because Islam strongly prohibits both borrowing and lending money in exchange for interest, which means that borrowers end up paying a much higher amount against the figure actually acquired. Therefore, the majority of Muslims prefer to avoid typical mortgages when buying property. Instead, they go for alternatives like rent or rented houses.
However, in recent times, with government initiatives and incentives aimed at helping the lower middle class buy a home of their own, we have seen a significant increase in the number of mortgage loans obtained during the ongoing financial year.
For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.
Essential Info on Mortgage Housing in Pakistan
- Published in Housing Finance, International, Real Estate Guide
Two Beautifully Bespoke House Interiors In Moscow
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A combination of smooth and slatted wooden wall panels cleverly encloses the living quarters of these two beautifully tailored interiors in Moscow, Russia. The modern panel blends seamlessly into specially built storage units that contain TVs and bookshelves, and into material-compatible kitchens. The effect is sophisticated and personalized, bringing these comfortable home designs into the realm of luxury. Designer furniture fits right into the luxurious theme, in combinations of iconic chairs and contemporary concepts. Lighting is striking but elegant in a golden spherical shape or purely effected in a linear silhouette. We will discover a continuation of high-end style in beautiful bedrooms, chic staircase designs and luxurious marble bathroom inspiration.
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Two Beautifully Bespoke House Interiors In Moscow
- Published in Designs by Style, dream house, house, interior, Interior Decoration Ideas, Interior Design, interiors, International, moscow, russia
Build a house with a limited budget
Owning a home is often viewed as a dream. It happens to many people that the construction of their dream home exceeds their budget limits. In other words; it’s not in your power to build now everything you’d like your new home to have. However, this dream can be easily achieved with dedication and long-term planning.
There are many materials or construction techniques that are less expensive and can lower the budget by a few zeros. These tips and tricks can save you money while building a house in Pakistan. Therefore, it is safe to say that building a house with a limited budget is possible.
In this blog, we bring you a selection of tips and tricks that you can use to lower the overall costs of your house.
Before starting with the purchases, it is necessary to have a detailed calculation of the required materials and the exact quantities. This is important to avoid buying more: this involves a higher cost because there is no possibility to negotiate a reasonable price for a quantity.
Al saves money when building a house, you need to be properly informed. Only then will you know what to expect and be able to better manage your resources. Don’t go payment about hiring without knowing exactly what you want; this will only make you lose money.
Ideally, you should dedicate yourself to researching the professionals who carry out this type of project, their work history, what tasks they perform or what their main duties are. It is also necessary to find out their professional fees to deal with various options, compare prices and ultimately make better decisions.
One of the biggest secrets we can share with you to save while building a house is that you work only with honest, trained and experienced professionals. If you don’t, you’ll most likely end up dealing with construction errors that will cost you a lot of money in the long run.
Honest professionals (from architects to builders) will focus on helping you and avoiding wasting your resources. This means that they will not be with you out of sheer financial interest, as they are sincere, loyal and honest professionals.
Sign a fair contract with the construction company:
If you are determined to save money when you build a house, you need to be clear that the contract with the construction company can have a profound effect on your budget. Construction is responsible for most of your budget as it is usually up to 80% of the total budget in most cases.
There are other residual expenses, such as a geotechnical study. That’s why you need to make sure that you sign a fair agreement with the construction company so that you don’t end up paying more than the bill.
To do this you need to get advice from the architect and the surveyor, which is why they should be independent of the construction company.
It has become one of the most preferred elements to build modern houses. On the one hand, it saves costs by covering the walls with plaster or cement, and on the other hand, they have become one of the essential pieces of the industrial style and even the minimalist, in some cases. In addition, it is a very durable material that does not need maintenance.
Concrete blocks are in vogue and are a great choice to build your house. It is a cheap material made of cement, water, and sand; it is highly resistant to any environment. You can create great architectural designs with concrete, including spiral staircases and Roman columns.
Install constant insulation
Renewing insulation every two or three years is a big mistake because it will cost you a lot of money. Therefore, if you want to save by building a house, you should install permanent insulation on the thick work.
For example, the foundation could be covered with special waterproof paint and the walls with polystyrene or fiberglass.
The roofs could be covered with wooden or ceramic tiles, which overlap like tiles and which act as excellent insulating and waterproofing agents.
Environmental insulation is ideal for taking care of the environment, but we recommend choosing more affordable materials if you plan to save as much money as possible.
Trying not to put on good insulation to save on the work is typical. In the long run, you will get exactly the opposite of what you are looking for, as you will spend a lot more on air conditioning, in addition to unnecessarily damaging the environment.
Avoid excessive walls and doors.
Excessive wall construction, as well as the extensive installation of doors in your new home, can significantly inflate your budget.
Assess the possibility of hiring an open concept design mainly because you could spend more time at home in the future because of the severe health crisis we are experiencing because of Covid-19.
Avoid enclosed spaces when choosing constructions that offer you a greater sense of spaciousness and freedom. That way, you won’t feel trapped in your own home, and you will also save good money during the construction phase. Additionally, you will not have to make any reforms in the future that will also be favorable to your finances.
Because this is the most basic and essential part of any construction, experts do not recommend maintaining it. It’s better to invest in the desired amount using a perforated foundation, where unique columns are drilled into the ground and then filled with concrete. Then, a monolithic grid is installed above the ground. There is still a minus sign: if the soil has a different density in one place or another, there is a risk of collapse of some pillar. Therefore, soil analysis is done in advance.
There’s another great option – this is a streaked foundation. It has a great support area, which makes the foundation more reliable. The base will not crack while it is fully settled, even with a small landing.
Choose affordable and durable materials.
Choosing affordable and durable materials is also a great strategy to save money while building a home.
Be sure to choose the ones that suit the climatic conditions of the place where you will live, to be comfortable all year round in your new home. Bricks and concrete blocks are two great cost choices, and the best part is that they are more affordable than many other building materials. After all, it’s not about offering style, beauty and elegance when you build your home with cheap and durable materials. Keep in mind that you can achieve incredible results if you work hand in hand with high-profile professionals.
It’s a great way to get a perfect floor that is decorative and cheap: smoothed concrete. This is completely smooth to a uniform appearance. You can use it in a variety of ways. Mix it with a few tiles for a more fun touch. Another alternative is to mix the cement with colored pigments to have a different color. Finally, you can leave it with the base color of the cement to make it look perfect.
So, here are some things to look for when selecting yours to build a house on a limited budget in Pakistan. Read this piece and try to incorporate these tips into tricks to build your house.
If you have any other questions or suggestions, leave a comment in the comments section below, and we’ll get back to you as soon as possible.
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.
Build a house with a limited budget
- Published in Housing Finance, International, Real Estate Guide, Technology