Trends - real estate - Business Recorder

real estate

Move to facilitate overseas Pakistanis

EDITORIAL: In a move purported to be for the benefit of overseas Pakistanis, the FBR has announced the launch of an...

Updated 31 Dec, 2024 06:57am

Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates

KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now...

Updated 27 Dec, 2024 03:15pm

Markets

Real estate and industrial stocks lift Dubai

DUBAI: Dubai’s main share index closed higher on Friday, in line with oil prices, boosted by gains in real estate...

Published 14 Dec, 2024 06:46am

Business & Finance

PHMA concerned over worsening state of real estate

LAHORE: The Pakistan Hardware Merchant Association has raised serious concerns over the worsening state of the...

Published 09 Dec, 2024 06:43am

Pakistan

Real estate developer Blue World City cleared to bid for PIA, company chairman says

KARACHI: A Pakistani real estate development company said on Wednesday it had completed requirements to enter the...

Updated 30 Oct, 2024 10:02pm

Business & Finance

Nearly 4,000 Pakistan companies join Dubai Chamber of Commerce in six months

This figure puts Pakistan second on list of new non-Emirati companies joining the Dubai body during January-June 2024

Updated 15 Aug, 2024 11:48am

Business & Finance

From textile to real estate: Saleem Karsaz’s path to success in Dubai

DUBAI: Dubai’s allure has long been a magnet for entrepreneurs and investors worldwide, and for Pakistani-born...

Updated 22 Jul, 2024 10:21am

Govt assailed for further taxing the salaried class

Lawmakers say imposition of such heavy taxes may lead to an acceleration of brain drain from the country

Updated 22 Jun, 2024 02:10pm

BR Research

No-growth policy working

The current account is in surplus ($491 mn in April 2024) for yet another month. The 10MFY24 deficit is a meager...

Updated 20 May, 2024 10:02am

Pakistan

CBD Punjab to auction six exclusive plots

LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business...

Published 08 May, 2024 06:43am

Business & Finance

LCCI gives SOS call to govt to save real estate sector

LAHORE: The Lahore Chamber of Commerce and Industry Friday gave SOS call to the government to save the crisis-hit...

Published 04 May, 2024 05:48am

BR Research

Interview with Ahmed Saljouk - Founding member and Director of Finance & Development, Alif Holdings (Pvt. Ltd)

‘We are a high-street brand that is approachable and affordable’ Ahmed Saljouk is a visionary Leader Shaping...

Published 26 Mar, 2024 09:16am

Business & Finance

Illegal currency business thriving in the garb of real estate deals

LAHORE: Illegal foreign currency business is thriving under the garb of real estate deals, said sources from the...

Published 31 Jan, 2024 05:22am

Life & Style

Sale of $25mn-plus homes doubles in Dubai, cements its ‘ultra-luxury’ status

The sale of top-tier luxury homes – $25 million (DHS92 million) and above – doubled to 56 the past year in Dubai,...

Published 16 Jan, 2024 03:25pm

Business & Finance

Govt’s ‘overwhelming’ involvement in economy major reason behind stagnant growth: PIDE study

ISLAMABAD: A study has revealed that the government’s overwhelming involvement in the national economy is one of...

Published 21 Dec, 2023 03:54am

Business & Finance

France may sell real estate to cut deficit: minister

PARIS: France wants to reduce government spending on office space and may consider real estate sales in a bid to...

Published 20 Nov, 2023 06:28am

Markets

Real estate, tech drive European shares higher

PARIS: European shares climbed over 1 percent on Thursday, led by rate-sensitive real estate and technology stocks,...

Published 03 Nov, 2023 06:11am

Business & Finance

Dubai’s ‘super stable’ status ensures its real estate market keeps attracting Pakistanis

Official at DAMAC Properties highlights reasons for real estate interest from country

Updated 03 Nov, 2023 09:22am

Opinion

Navigating deep malaise

Why is corruption so pervasive in Pakistan? Why do civil institutions consistently fail to deliver? Why is there a...

Updated 25 Oct, 2023 06:39am

Business & Finance

Economic revival plan: Tax on retail, agri and real estate sectors may be revised: MoF

Key measures include revenue enhancement strategies including tax revisions in sectors such as retail, agriculture, and real estate, alongside a wealth tax on movable assets, as deemed appropriate

Updated 30 Sep, 2023 09:45am

FBR launches automated system (portal) for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR), Friday, launched an automated system (portal) for taxpayers to obtain...

Updated 02 Sep, 2023 09:16am

Editorials

Taxes on real estate

EDITORIAL: Representatives of the influential real estate sector informed the National Assembly Standing Committee ...

Published 08 Aug, 2023 06:37am

Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today

ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a...

Updated 05 Aug, 2023 03:08pm

Pakistan

Real estate, construction: Demand to appoint advisor to PM in caretaker setup

ISLAMABAD: The government needs to create a special position of ‘Advisor to the Prime Minister on Real Estate and...

Published 01 Aug, 2023 06:19am

Editorials

Vicious cycle of smuggling, tax evasion

EDITORIAL: Speakers at a briefing arranged by Ipsos for parliamentarians to discuss tax evasion in five major ...

Published 24 Jun, 2023 06:02am

Super tax waiver, tax on real estate, agri sectors in phases proposed

ISLAMABAD: The Senate on Monday proposed 55 recommendations and changes in the Finance Bill 2023 including the...

Updated 20 Jun, 2023 08:58am

Business & Finance

Minister explains why country’s dependency on foreign goods grows

ISLAMABAD: Sardar Ayaz Sadiq, Federal Minister for Economic Affairs on Thursday stated that Pakistan’s dependency...

Published 16 Jun, 2023 06:27am

Business & Finance

There’s tax evasion of Rs500bn in real estate sector alone: Asif

ISLAMABAD: Defence Minister Khawaja Asif Wednesday said ‘elite capture’ is the root of all socioeconomic ills as...

Published 15 Jun, 2023 06:03am

Opinion

REITs: understanding the private market

Real Estate Investment Trusts (REITs) have emerged as a popular investment avenue for individuals seeking exposure ...

Published 31 May, 2023 03:57am

BR Research

TPL Properties Limited

TPL Properties Limited (PSX: TPLP) was incorporated in Pakistan as a private limited in 2007. In 2016, the company...

Updated 30 Mar, 2023 12:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Cotton US¢/pound / Jan 17	67.05
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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