KARACHI, XX NOVEMBER 2016: Recently it has become official that Lahore is safer than Karachi when it comes to overall crime and city-wide safety. The findings come from a November 2016 report by Numbeo where the level of crime in Karachi is reported as a high 77.72 compared to 59.38 in Lahore. Islamabad, the country’s capital, scored a 35 rating meaning it is low for crime. In terms of
KARACHI, 24 NOVEMBER 2016: We wrap up quarter three with mostly positive price increases which represent a healthy real estate market. Plots and houses in core DHA projects have remained popular with steady demand. The newly built houses in DHA housing schemes have maintained constant demand given their high investment potential and central location. Plots prices surge in DHA Plots in the popular DHA housing schemes
KARACHI, November 10, 2016: So it actually happened, Donald Trump is the elected president of the most powerful nation in the world. There is a definite sense of Deja-Vous about the whole scenario with many voters in Great Britain experiencing the same shock back in June when Britain voted to leave the European Union (Brexit).
KARACHI, 7 NOVEMBER 2016: The Chinese construction juggernaut is rolling through Central Asia at a breakneck speed, reviving the once famous Silk Road. The One Belt One Road initiative is an attempt by the Chinese government to refocus its overextended domestic industries. The project which launched back in 2014 has a war chest of $40 billion, a small chunk of China’s deep foreign exchange reserves. They are casting their
KARACHI, October 25, 2016: On the 31st of October the Western world will celebrate the old pagan festival of Halloween. This ancient Pagan festival originated in Ireland as a Celtic harvest festival—known as Samhain in Gaelic. But for every other day of the year departed souls are remembered in places called cemeteries or graveyards, many of which are big tourist attractions famous for the celebrities’ graves that they house.
KARACHI, 18 OCTOBER 2016: The property market is still reeling after the Finance Bill 2016 sent shockwaves through the sector. In July, the real estate market recorded a downturn in activity and price performance, but things look better in August. The cost to transfer properties is set to increase by up to 200 percent as a consequence of the new property evaluation method. Buyers have suffered a drop in confidence.
KARACHI, 4 OCTOBER 2016: Exciting announcement today as Lamudi Pakistan has teamed up with Standard Chartered Bank to support the people of Pakistan in getting finance for a new dream home. One of the priority activities home hunters undertake is getting the finance for their house purchase. The procedure can be complicated so Lamudi Pakistan has enhanced their website by adding an easy-to-use loan calculator; which is conveniently located
KARACHI, 27 September 2016: In Pakistan, design trends change quickly so to get a grasp of the ever evolving fashion movements, we sent out a few men on the ground to find out what is hot in home decor in Pakistan. Basements are back If you are privileged enough to have a basement in your home, you may have the potential to convert this space into a living room. But
KARACHI, 16 September 2016: Pakistanis living overseas are a key contributor to the real estate economy in the country but are recent tax changes discouraging these invaluable investors? After four years of acting like a bull, the real estate market in Pakistan appears to be cooling down, according to analysts at Lamudi.pk. Industry experts point to the amendments to Section 68 of the Income Tax Ordinance 2001 that became
The New China-Pakistan Economic Corridor (CPEC) could be a “game-changer” for Pakistan and indeed for South Asia said Nawaz Sharif, in the first address of the CPEC Summit and Expo. The much anticipated two-day event which took place at the Pakistan-China Friendship Center in Islamabad was attended by key politicians, business leaders, and delegates from both countries. The inaugural session welcomed the Chinese Ambassador to Pakistan, Mr Sun Weidong and