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To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [ 1 ] [ 2 ] In 2017, the housing gap in Punjab , one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047.
The company also sells, rents out, or disposes off the real estate. [ 3 ] In 2016, TPL Properties changed its status from a private limited company to a public company and was listed on the Pakistan Stock Exchange , following an initial public offering at a strike price of PKR 12.50.
DHA, Karachi form under Presidential Order number 7 of 1980 later approved by National Assembly. DHA, Islamabad DHA,Rawalpindi- islamabad form under Gazette of Pakistan dated 19 March 2013 passed by Parliament Act no XII of 2013. DHA, Lahore form under Extraordinary Gazette of Pakistan Part-I dated 19September 2002. DHA, Multan; DHA, Gujranwala
The British East India Company captured Karachi on 3 February 1839 after HMS Wellesley opened fire and quickly destroyed Manora Fort, which guarded Karachi Harbour at Manora Point. [89] Karachi's population at the time was an estimated 8,000 to 14,000, [90] and was confined to the walled city in Mithadar, with suburbs in what is now the Serai ...
Bahria Town (Private) Limited (Urdu: بحریہ ٹاؤن) is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4] Its second gated community opened in Lahore. In 2015, it launched Bahria Town Karachi, the ...
The Sindh Industrial & Trading Estate was established in 1947 and has grown into the largest industrial area in Pakistan with more than 2,000 industrial units on 4,500 acres (18 km 2) of land west of the Lyari River. The estate benefits from the proximity of the Port of Karachi and various roads linking to the rest of Pakistan. The town grew up ...
Dolmen Group was established in 1984 as a real estate investor. [2] The group is currently a leading real estate group in Pakistan engaged in the development, construction and management of shopping malls, office towers and residential apartment blocks across Karachi, and now Lahore as of 2024.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]