Lahore: DHA Estate Agents Association (DHAEAA) President Major (R) Rafiq Hasrat has demanded the government to offer special discount in taxes to the overseas Pakistanis looking to invest in the property sector, reported a news source. The views were expressed during a DHAEAA meeting held on August 29; and was chaired by Hasrat.
Hasrat demanded the government to take measures for the promotion and development of the property market as it is one of the few sectors in the country that employees hundreds of thousands of youth. The sector also plays its pivotal role in country’s economy.
Addressing the taxation issue, Hasrat demand that the irrational taxes applicable on buying and selling of immovable property should be rolled back. The association has forwarded its suggestion to Finance Minister Asad Umar for improvement in the property sector. Hasrat expects Umar will implement these suggestion and make the right decisions for the growth and promotion of Pakistan’s property market.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
