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The real estate agent has to consider several challenges during their work. Most of them are prepared to tackle them but some ignore them and in the end face problems. A real estate agent does not only focus on success but he also needs to focus on his mistakes. Mistakes are a part of life but we need to learn from them and overhaul from keeping ourselves in the future. Following are some mistakes that real estate agents usually do and they need to avoid. Communication gap. As a real estate agent, communication skill is very important and helps us to incorporate them with our potential clients. Further, lack of communication can lead to a gap between you and your clients and there are possibilities that someone else would fill the gap. So, it is mandatory for you to constantly keep in touch with your clients and make them feel you are available for them. For example, if your client wants to invest in Nova City Peshawar , you should keep in contact with him, ask about his prefe...

  So, we invest somewhere to earn a profit, and no doubt, we should select an investment where we can gain maximum returns on profit. ROI is a terminology that is used in business and investment to evaluate and measure the outcomes and profit in a business and investment. Real estate is a thriving sector in our country and gives high returns on investment to investors. But still, you need to have an idea about your returns on investment and profit before investing in the real estate sector. Generally, various factors shape the value of a property. If a property is located at a pivotal location and can easily access, then investing in that kind of property will be a deft choice. Like Nova City, Peshawar is located at a prime location and can be reached easily from Peshawar City and its proximity to the M 1 motorway also enhances its value. So, an investment in Nova City Phase 1 would be a good choice. Life in Nova City Peshawar Phase 1 will be a dream life. Given the facilities,...

  Undoubtedly, we are living in a material-oriented world and the supreme priority of people is to earn money and live a lavish life. So, uncountable ways of generating wealth are there and people choose their means of livelihood according to their skills and interest. Some people prefer jobs, several invest in stock markets, a number of people go for various business and now some has started taking a keen interest in cryptocurrency. It is understood that we need to develop and nurture ourselves and accept change because if we resist these changing dimensions of the world, it means we are pushing ourselves in a backward direction. So, to match the current pace of development, we have to broaden our horizon of understanding not only conventional development but for unconventional. The eagerness for Cryptocurrency is growing these days. Experts and as well as the common man are thinking to invest in Crypto Currency with a desire to make themselves rich overnight. Unquestionably, Cr...

  Given the unabashed economic downturn in the country. The government has imposed several new taxes in a bid to push the economy of the country. Several new taxes have been introduced which will have multifold implications. The real estate sector has no exception, the tax regime of this sector has been transformed and some new taxes in the real estate sector have also been imposed. Further, existing taxes have also been increased. The federal government imposed new taxes of 440 Billion rupees with a focus on the real estate sector in the recent budget. With the introduction of “Deem Tax” that is on unused properties and additional properties, Custom Duties, Sales Tax, and Federal Excise duties have also been escalated. Rs 34 Billion on Custom duties, Rs 90 Billion on Sales tax and Federal Excise Duty, and Rs 316 Billion will be collected in this fiscal year. These taxes might be useful to sustain the dwindling economy, but their implications on the real estate sector and other...

  The recent visit of the chairman and founder of Royale Nova Shaikh Khalid Mohammad Salman Al Khalifa to Pakistan is of great importance. He was invited by the Nova City group in Pakistan. He visited Nova City Peshawar and Nova City Islamabad and showed immense interest in the development of these projects. His contribution to these projects is being deemed as a paradigm shift for the Nova City Islamabad and Nova City Phase 1. The respectable guest has paid detailed visits to these projects of nova City and congratulated the team of Nova City group on these ventures. The Master plans of nova CityPeshawar Division Phase 1 and Nova City Islamabad were exhibited to the notable guests and he appreciated the Nova City Group for these impeccable master plans. Al-Khalifa showed great interest and has pledged to provide technical support for these projects. So, a team of engineers of Royale Nova will be sent to Pakistan for the accomplishment of these ventures. This is undoubted...

  Often real estate industry is marginalized in our country and the real estate agents are stereotyped. Usually, people do not take much interest in this sector and ignore it. On contrary, this sector especially in recent years has shown unprecedented growth and development. Real estate agents are even earning better than many other people. So, outside of this industry, we cannot understand the worth, value, and benefit of becoming a real estate agent. So, it is not an easy task to become a real estate agent, the professionals in this field also have to fulfill the requirements related to this field as other professionals do. In this blog, I will guide you on how can you become a real estate agent and thrive in the real estate sector. Guidance. As you are new in this field and you do not have the expertise and right skills. So, it is better to seek guidance first. You should join an already established agency and that agency must be well-developed and renowned. You will lear...

In big housing societies, there is a file system for the transfer of property from one person to another. Files are of two types. One is an open file and the other is a closed file.   Open file.   Open file is called to a file or a document of a property when it is bought or sold, the property is not transferred to the buyer or seller. It means a buyer is buying that property to resell the property and that’s why he doesn’t get the property transferred to himself. But the file remains as it is. The seller loses control and ownership of the property or a plot and on the other hand, the buyer doesn’t get it transferred. So, real estate agents prefer buying and selling open files. The file is remained open in order to evade purchase and gain taxes and transfer fees. Because all these purchase and gain taxes and transfer fees constitute a huge amount. Real estate agents buy a property to resell it. So, it is unlikely for them to pay this huge amount of taxes and fees. ...