Karachi’s Commissioner has formed a committee to devise a long-term plan addressing the city’s dangerous buildings, following a deadly collapse in Lyari that claimed 27 lives. The initiative aims to inspect and mitigate risks posed by hundreds of unsafe structures, amid growing concerns over systemic neglect and inadequate enforcement. The[Read More…]

The Vertical, a leading real estate developer in Lahore, has launched Pakistan’s first shared ownership model for commercial property at its V3 Business Centre, revolutionizing investment opportunities. This innovative approach allows individuals to own as little as 100 square feet, making premium commercial real estate accessible to a broader range[Read More…]

The Walled City of Lahore Authority (WCLA) is revitalizing the historic Anarkali Tomb, a 16th-century Mughal monument, with a Rs124 million restoration project launched in July 2024, set for completion by June 2026. This effort aims to preserve the tomb’s architectural grandeur and cultural significance, reinforcing Lahore’s rich heritage. Nestled[Read More…]

The Federal Board of Revenue (FBR) has mandated that taxpayers must declare updated property values in their 2025 income tax returns, aiming to enhance transparency and curb tax evasion.In a move aimed at increasing transparency and broadening the tax base, the Federal Board of Revenue (FBR) has announced that property[Read More…]

Defense Housing Authority (DHA) Phase 4 in Lahore continues to attract investors and homebuyers alike in 2025, thanks to its prime location, modern infrastructure, and strong resale potential. This comprehensive guide covers everything from plot prices and maps to top-tier amenities and investment prospects. Defense Housing Authority (DHA) Phase 4[Read More…]

Starting July 1, Pakistan’s Federal Board of Revenue (FBR) will require property buyers and sellers to disclose the fair market value of real estate transactions, aiming to enhance transparency and curb tax evasion.In a significant move aimed at enhancing transparency and curbing tax evasion, the Federal Board of Revenue (FBR)[Read More…]

Ocean City, NJ – Ocean City may soon add a new 3% tax on short-term rentals booked through websites like Airbnb and Vrbo. On June 26, the City Council voted 5-2 in favour of introducing the ordinance. If approved at its final reading on July 17, the tax could generate[Read More…]

Virginia Beach, VA – The Virginia Beach City Council is considering a new proposal that could allow residents to park for free at the Oceanfront for up to three hours. The plan aims to address ongoing concerns about the high cost and limited availability of parking in the popular resort[Read More…]

Warner Music Group (WMG) is preparing for significant layoffs as part of a larger plan to reduce costs and restructure the company. The news was shared with employees in an internal memo from CEO Robert Kyncl on Tuesday. In the memo, Kyncl explained that WMG aims to save around $300[Read More…]

Danville, VA – A historic building that has stood for more than a century in Danville’s River District is set to be demolished, sparking debate between preservationists and city officials. The 19th-century tobacco warehouse at 601 Lynn Street, once a vital part of Danville’s tobacco industry, will be torn down[Read More…]