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Realtors vs crypto enthusiasts

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  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, Crypto

Current Real estate market trends.

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  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 rel

Everything you need to know about Royale Nova investment

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  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 undoubtedly a

How I Became an Estate Agent.

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  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 learn th

Difference between an Open file & closed file

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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.    There

FAQs For First-Time Buyers

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  Buying a home for the first time seems quite challenging for many people and it is not a thing you should be done lightly. It is the largest financial investment for many. There are numerous requirements that an individual has to fulfill and multiple risk factors are also there. So, going anxious is natural for a person who wants to buy a house first time. In this blog, we will address queries that first-time buyers generally face. Q. Should I buy or rent a house/apartment? Although a rental house has some short-term advantages for you in the long run this will be an unwise decision. If you can buy a house, then probably you should not think of a rental house and it would be better if you purchase a house. Buying a house has multiple advantages for you like you will have a sense of pride as it is deemed an achievement. Secondly. You will have freedom and you will not be answerable to anyone in this case. Thirdly, you shall have security and will not have to think about things lik

Top 3 Reasons Why Living in Housing Societies Should Be Your Preferred Option.

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  Urbanization has become a usual phenomenon. People with dreams of a better lifestyle, advanced educational and health facilities migrate from rural areas to cities. Pakistan has no exception. The already shattered structures of cities are facing further pressure from this migration. Cities administrations are widely unable to manage new migrants in their respective cities. So, the availability of facilities and resources is becoming a major issue. So, migration to a city especially in Pakistan brings no notable advantages and cities are overcrowded now amid the lack of resources and capacity of the cities' administrations. Along with that, educational facilities, health facilities, and other recreational activities are becoming major issues in cities. Considering the today’s lifestyle in cities for most the people, one cannot declare that a luxurious one. An aspire to have a lavish lifestyle is extensively being fulfilled by the Housing Societies. These housing societies are pr