KARACHI, 19th JULY, 2017: Addressing the CPEC Logistics International Forum in Rawalpindi, Pakistan’s Chief of Army Staff General Qamar Javed Bajwa, asserted that the economic corridor will be a catalyst for economic advancement. Bajwa said that CPEC will provide better integration between China and Pakistan and will be a welcome boost to industrial and urban development. But, is it all positive news for Pakistan or is there another side we
KARACHI, 12th JULY, 2017: Alarmingly, recent reports point to a spiralling increase in real estate scams in Pakistan. The latest wave of real estate fraud involves the scammer taking photos and information from a current real estate listing duplicating this and using it to to make a fraudulent rental listing. Because the listing is usually priced below the market average price the scammers net is cast wide and even if
KARACHI, JUNE XX, 2017: The future of Pakistan lies in the hands of its children. Ensuring these children have the necessary skills, education, and wellbeing to live happy and fulfilling lives is an objective of SOS Children’s Villages Pakistan. The organisation similar to Care Foundation Pakistan is a not for profit organization that seeks to empower children with the ultimate goal of making the nation prosperous again.
KARACHI, June 1, 2017: Do you own property abroad? Are you considering purchasing property in another country? If so, you may be struggling with the concept of managing your house or apartment while you are gone. Whether you own a condo unit in the Philippines or are considering a beachside property in Indonesia or Sri Lanka, you’re likely to be asking the same questions. Many property owners who live abroad
KARACHI, April XX, 2017: The 2017 Lamudi Real Estate Market Report for Pakistan went live today with the adage that the “market has overcome challenges to move into a growth phase”. The news will come as a pleasant surprise for agents, homeowners, and developers who have had it tough since the tax overhaul that came into effect on the first of July, last year. With increases to withholding tax, capital
KARACHI, April XX, 2017: The property market in Karachi is starting to pick up again as buyers regain the confidence that was impacted by the tax overhaul last year. Lamudi—the premier property platform—has recorded an upturn in transactions up to March 2017 with Bahria Town, ASF Housing Scheme, and Fazaia Housing Scheme leading the way.
KARACHI, April 12, 2017: The Capital Development Authority (CDA) has decided to loosen red tape restrictions on city developments. With the new amendments, new housing societies that struggled to comply with rigid CDA bylaws are optimistic that they can acquire the legal status designated by the authority. So, could this be the springboard for addressing the growing housing shortage?
KARACHI, March 15, 2017: The year of 2016 was unremarkable in terms of the funding ecosystem. Just a few startups managed to secure seed investments and even fewer made it to later-stage funding rounds. But some bright stars blazed a trail for others to follow in 2017. And, with Pakistan’s strong GDP growth, an educated English-speaking workforce, and widespread internet penetration; the foundations are there for a larger group to
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, 14 July 2016: The population of Pakistan is spiraling out of control. Every year, 3.7 million people add to the current figure of 194.5 million people making it the sixth most populous country in the world. In 1950 the population only stood at 33 million. So what is causing the sudden spike in population numbers? Various factors contribute to a country’s population count. High fertility, declining mortality, customs of