AUCTION OF PLOTS (RESIDENTIAL / COMMERCIAL) BY BANK OF PUNJAB ON 20-11-2014.

AUCTION OF PLOTS (RESIDENTIAL / COMMERCIAL) BY BANK OF PUNJAB ON 20-11-2014.

Bank of Punjab is going to auction of its 13 residential and commercial plots situated in Lahore on 28 November, 2014.

The participants will have to furnish bank draft worth Rs. 0.5 Million in favour  of Bank of Punjab before participating into auction

Pak - Libya Holding Company is selling total 387 Marlas land in Faisalabad.

Pak - Libya Holding Company is selling 387 Marlas land in Faisalabad.

The land comprises of one commercial plot and 24 residential plots forming a housing project named Amcon Villas.

Trend of purchase of houses in developed Housing Societies in Lahore increased manifold.

Trend of purchase of houses in developed and Modern Housing Societies of Lahore increased manifold.

Lahore:  Price of 1 Kanal Plot in Lahore increased from Rs. 18 Millions to 30 Millions. Besides Lahore, Other cities where all basic facilities (Gas, Water, Electricity, roads, sewerage etc) are available in Housing Societies, up trend is felt for purchasing houses.

In Lahore, such housing societies are DHA phase 6, Bahria and Lake City. According to market survey, price of 1 kanal plot in Defence is about Rs 25 to 30 Millions. In parallel to it, prices of 1 Kanal plot in above mentioned societies is about Rs 13 Millions.

As per statement of a developer, price of property is in firm position. However, there is a trend of increase in prices as well.

Supreme Court of Pakistan cancelled contract of sale of property between DHA and Evacuee Trust

Supreme Court of Pakistan cancelled contract of sale of property between Defence Housing Authority (DHA) and Evacuee Trust of Pakistan

Supreme Court, in its verdict, has cancelled the contract between DHA and Evacuee Trust due to maligned financial designs over the sale of Land on biased rates which resulted into heavy loss to Government. SC ordered to take legal action against Ex Chairman Evacuee Trust Board, Asif Hashmi and other responsible persons.

Re-assessment Survey of Property Tax in Rawalpindi is slowed down.

Re-assessment Survey of Property Tax in Rawalpindi.

Speed of Re-assessment Survey of Property in  Rawalpindi is not up to the mark. Only 35 % survey work could be completed in 2.75 months. It seems that Field work may no be completed in next 2 months. However the dead line was fixed as 30 September 2013.

According to reliable sources, the demand of property tax will be enhanced four times. This survey is being conducted after 12 years. During this period, cost of property and rental value has supplemented many folds.

Property and Real Estate EXPO in Lahore on 25-27 October 2013.

Property and Real Estate EXPO in Lahore on 25-27 October 2013.

City of Lahore is arranging an international exhibition for lovers of Real estate business.

The exhibition is intended for real estate developers, town planners, property dealers who deal in commercial property, residential property, farm houses, business centres. This expo is equally likely beneficial for financial institutions and other stake holders as well.

Commercial Shop in Sadiqabad, Rawalpindi for Sale

Commercial Shop in Sadiqabad, Rawalpindi for Sale on urgent base.

A commercial shop in commercial hub of Sadiqabad Rawalpindi, near Farooqia Mosque is available for sale. 

Golden Opportunity:

Shop size :   9 x 14  

Demand : Rs. 849,000     (negotiation is possible)

Invest once, earn forever.

Contact :     +923335117678