Real estate investment

RUPEE STRENGTHENS AGAINST DOLLAR

RUPEE STRENGTHENS AGAINST DOLLAR Rupee Strengthened Against the US dollar to 159.31 rupees The rupee strengthened against the US dollar to 159.31 rupees in the interbank market on Wednesday compared with a close of 159.34 rupees on Tuesday, according to the State Bank of Pakistan (SBP). Previously, the SBP allowed the rupee to depreciate massively in the interbank market after the completion of an...

BANK ALLOWED THIRD PARTY GUARANTEE FOR HOUSE FINANCING

SBP allows housing loan on personal guarantee KARACHI: In order to make it easier for banks to extend the financing of low-cost housing, the State Bank of Pakistan (SBP) has allowed banks to accept a personal guarantee from a third party to finance low-cost housing to cover the risks of the mortgage. The news reported on Tuesday, February, 16, 2021     Currently, applicants face...

Illegal housing society

ILLEGAL HOUSING SOCIETY DEVELOPERS ON HIT LIST

'The developers of illegal companies will be penalized’ LAHORE: Punjab Minister of Law and Cooperatives Raja Basharat said those who have developed illegal housing companies across the province will face punishment and directive from Prime Minister Imran Khan as savings protection would be guaranteed to the poor. He said this on Tuesday while chairing a meeting of the National Coordination Committee...

New year resolution to buy a house

BUY A HOUSE, NEW YEAR RESOLUTION

Want to buy a house this year? It’s a big step, requiring planning ahead and plenty of financial preparation. Therefore, here are 7 New Year’s resolutions that can prepare you to find that perfect home and make your move! The New Year is often a time to hit the reset button and start fresh. It is an excellent opportunity to start reaching towards an ongoing goal you have. If buying a home has been an...

PAKISTAN DRONE POLICY

PAKISTAN TO FORM ITS FIRST EVER DRONE POLICY

PAKISTAN FIRST EVER DRONE POLICY Prime Minister (PM) Imran Khan on Tuesday (22.DEC.2020) ordered the formulation of Pakistan’s own first ever drone policy. Following a media briefing, the decision came from Federal Minister for Science and Technology Chaudhry Fawad Hussain on the use of drones in various fields. The PM noted that drones could be used to fulfill the tasks not only in agriculture,...

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