What does Zameen Opal’s registration with FBR mean for investors?

Lahore: Zameen Opal is registered with the Federal Board of Revenue (FBR) under the construction incentive package – announced in 2020 by Prime Minister (PM) Imran Khan. This certification comes with several benefits for both developers and first-time buyers, while also introducing several regulations for the former.

Under the said scheme, first-time buyers are exempt from FBR’s probe into their sources of income. In other words, if you purchase an apartment in Zameen Opal, you will not be required to disclose your income source to the taxation agency.

Read: New, flexible payment plan launched for Zameen Opal

Similar immunity has also been extended to developers registered with the FBR. However, they are also required to complete their projects by September 2023. This particular condition aims to guarantee on-time deliveries – a win for both buyers and developers.

What makes Zameen Opal an attractive investment?

Aside from the benefits that come with FBR certification, Zameen Opal comes equipped with a number of perks. The project is already being referred to as a ‘gemstone’ for investors. Why? You may ask. Because the project developer has also acquired all required approvals from the Lahore Development Authority (LDA).

Read: Development work underway in full swing at FBR-registered Zameen Opal’s project site

Zameen Opal’s superb location (on Main Raiwind Road) accounts for another reason behind the existing, overwhelming demand seen among both genuine buyers and investors. Further, the multi-purpose development is projected to generate 60% capital gains during the next two years. These calculations are based on the fact that the locality has seen up to 50% capital gains during the last three years. Moreover, the project’s expected annual rental yield also hovers between 6 to 7%.

How to book a unit in Zameen Opal?

Zameen Opal is nearly sold out and only limited property options are currently available for purchase. For online booking arrangements, please fill out the attached Inquiry or WhatsApp form.