Pakistan’s Fiscal Budget 2020 has been announced recently. In view of the ongoing global recession and effects of COVID 19 Pandemic, the economies all around the globe have nosedived. In these uncertain and critical times, the budget for next financial year has been not been very encouraging.. Overall the budget may not seem promising for the overall revival of the economy. Nevertheless few very good steps have been proposed for reinvigorating the recession hit Real Estate industry.
The Real Estate industry has already been partially benefited due to the PM Imran Khan Incentive Package for construction industry announced few months back during early stages of the corona pandemic. It is a good omen that in current budget, the Government has persisted with its positive policy towards lifting the Construction and Real estate industry.
Benefits for Real Estate Industry.
Government has relaxed the slabs, rates and other aspects related to Capital Gain Tax emanating from sale of real estate property.
Indirect proposals related to higher taxes on banks’ profits and reduced interest rates would also divert investments to other sectors including Real estate.
A brief overview of Budget proposals having direct or indirect bearing on the Real Estate are as under:-
Reduction in Capital Gain Tax (CGT) Period. Period for levying of CGT on sale of property has been reduced from 8 to 4 years.
Reduction in CGT Tax Slabs. The slabs for calculating the CGT have also been reduced after every year, details are as under:-
comparison
Serial
Time Period
Budget 2019-20
Budget 2020-21
a.
0-1 years
100%
100%
b.
1-2
75%
75%
c.
2-3
75%
50%
d.
3-4
75%
25%
e.
4-8 yrs
75%
Nil
Reduction in CGT tax rate. The CGT rate has also been reduced to 50%, a comparative analysis from previous budget is as under:-
Serial
Gain in Mns
Budget 2019-20
Budget 2020-21
a.
Up to 5 Mn
5%
2.5%
b.
5-10 Mn
10%
5%
c.
10-15 Mn
15%
7.5%
d.
Above 15 Mn
20%
10%
Indirect Measures – Budget 2020
The interest rates on savings and bank deposits has been reduced. Hence the investors, financial institutions and general public would be encouraged to invest in real estate business and stock exchange instead of keeping money in the banks.
Tax on Bank’s profits and Earnings has been enhanced to 15 % hence investors will be discouraged to keep their money in banks. Instead they will be investing in markets and businesses.
The overall impact of the above mentioned measures combined with the Incentive Package for Construction Industry is likely to accrue dividends for the Real Estate Industry as a whole.
The Best Real Estate expert of Marketing in Pakistan is STAR Marketing Pvt Ltd. The Real Estate Industry plays an important role in the economy of Pakistan. More than 5 billion dollars/year are spent in construction sector. Moreover, many more billions are spent on buying residential and commercial plots. This Blog shares brief info about the best real estate expert of marketing in Pakistan with the user of www.imlakonline.com.
The Best Real Estate Expert Marketing Company-Profile
STAR
Marketing Pvt Ltd is a Marketing Brand Leader in the Real-Estate Industry. The
company specializes from the
initial assessment process of the project to the ultimate marketing strategy.
It helps developers’ project to generate superior rate of return for the buyers
and success to the developers. STAR
Marketing Pvt Ltd has
the specialization in cutting-edge marketing trends for the Real
Estate Sector. STAR Marketing, is undoubtedly
the best real estate expert of marketing in Pakistan for real estate business.
The company can be reached at https://www.starmarketingonline.com/.
The Best Real Estate Expert Marketing Company-
Mission
Star Marketing aims to offer superior
products and services in the real estate sector by developing innovative
solutions that help the clients, builders and retail property operators. Star
Marketing established an expertise for the clients, builders and retail
property operators to visualize and forecast the result of their investments
clearly. STAR Marketing provides guidance for the reducing of uncertainty that
is considered a hallmark of real estate business and investments in Pakistan.
STAR Marketing, is thus the best real estate expert of marketing in Pakistan.
The Best Real Estate Expert Marketing Company-
CEO
The Best Real Estate Expert Marketing Company
in Pakistan- Office Network
STAR Marketing Pvt Ltd has a wide network of offices in all the major cities of Pakistan, like Islamabad, Karachi, Lahore, Peshawar, Hyderabad, Faisalabad, Quetta and Multan.The company also has a strong showing in foreign lands also like USA, Canada, Australia, New Zealand, European and Gulfcountries.
This is about the Top Real Estate Marketing Companies in Pakistan. In Marketing lies the heart and soul of every business and trade. The same is true for the real estate business too. The real estate business in Pakistan has seen major ups and downs due to changing government policies. In current situation, the odds seem against the property and real estate, at least in the short term. The real estate has been regarded as a major mover of the money. As per Pakistan Bureau of Statistics (PBS) real estate accounts for 2% of the country’s economy. https://en.wikipedia.org/wiki/Real_estate_in_Pakistan. Therefore, the common man needs to know about the Top Real Estate Marketing Companies in Pakistan, before venturing into the property market.
The role of Top Real Estate Marketing Companies in Pakistan and real estate go hand in hand. No mega project or society can be successful unless backed by a team of marketing experts. In my search for who is the best in marketing business as far as real estate is concerned, I come across few familiar and few unfamiliar names. SO I thought it prudent to share my search in a blog for benefit and reference of the related and interested people on www.imlakonline.com.
STAR Marketing Pvt Ltd- Top Real Estate Marketing Co
Star marketing is the icon of the Pakistan real estate marketing. The firm has slowly and
gradually overtaken all as a trend setter in the business. Every project backed
by star marketing is bound to succeed. The firm claims innovative real estate
solutions as their hallmark. https://www.youtube.com/channel/UCvgQXHJL5wN4XC1rKIXHLog
NP Marketing Group-Top Real Estate Marketing Co
NP Marketing Group stands for New
Paradigm Marketing Group. Their motto is Building Alliances to Propel Your
Business Strategy. The group has gradually build its prestige and name in
the resl estate marketing. The group has local and beyond outreach. https://www.youtube.com/channel/UC0VnCMJHBUfcFFVv368JNTA
SKY Marketing- Top Real Estate Marketing Co
Sky Marketing is
working from last 15 years. It uses most modern techniques of marketing like
e-media and web-based medium for mass communication to reach-out maximum number
of clients and customers for services for rent, buy and sell property in
Pakistan. https://www.youtube.com/channel/UCUHvcg3R4e2Ki2BInsrMe5g
The Real Time Marketing- Top Real Estate Marketing Co
Realtime
Group has been shaping the Landscapes and lives in Pakistan with World class
real estate development to meet the luxury retail and residential requirements
since 2001. They enjoy a reputation
for delivering high quality residential and commercial properties. The company profile is at https://realtime.com.pk/
Elaan Marketing- Top Real Estate Marketing Co
Elaan marketing is a real estate marketers, who envision the world of real estate marketing with professional team. They bespeaks capabilities for challenging projects in building and constructions. Their moto is ‘Consider it’s done with our team’. https://www.youtube.com/channel/UCdPWrq0gVHARv5XjNo0-gEw
STAR Marketing Pvt Ltd is a Marketing Brand Leader in the Real-Estate Industry. The company specializes from the initial assessment process of the project to the ultimate marketing strategy. It helps developers to plan projects to generate superior rate of return for the buyers and success to the developers. STAR Marketing Pvt Ltd has the specialization in cutting-edge marketing trends for the Real Estate Sector. The company can be reached at https://www.starmarketingonline.com STAR Property Expo-Islamabad STAR Marketing Expo at Islamabad will be held on 8th & 9th February 2020 at Pak China Friendship Centre, Islamabad. Exhibition are organized to showcase and demonstrate the latest products, services and examine recent trends and opportunities. STAR Property Expo-Islamabad is being organized to bring all the relevant personnel under one roof. This expo is bringing numerous Projects from the vast array of its prestigious Clients Property Expo- Real Estate Industry The housing sector industry involves 40 associated sectors. The sector creates large scale involvement of workforce directly and indirectly as well. Pakistan is facing tough economic situations these days. The government is encouraging private sector for investment in the real estate industry. The housing sector in a country plays vital role in the economic uplift and job creations. The STAR Marketing Pvt Ltd is organizing the Property Expo-Islamabad 2020 to present lucrative residential housing and commercial projects from top builders and developers of the country. What’s on Offer? The STAR Property Expo-Islamabad is offering a visit at the most exciting place in Islamabad at the foothills of Shakar Perian. The place is spread among the dense tall trees and would be brushed by the breezes of early spring on 8th-9th February. It is providing an opportunity to interact with master planners of the best property available across the country under one roof. The prospective buyers can evaluate the investment chances and its likely growth. One can also enjoy the best meal at the Food Court along with executive music and kid play areas. The participants will be entertained by renowned comedians and performers. Must Visit for Residents of the Islamabad The developers are invited to book your stall an early opportunity as the same is being offered on first come, first serve basis. The visitors’ entry is free and the entertainment facilities are being offered at most affording rates. Some of the well-known caterers and Food Outlets are serving their national meals, continental cuisines and fast food specialties. It’s a must visit along with entire family. The Islamabad Property Expo info will be shared on www.imlakonline.com/
Smart Expo held on January 11th – 12th 2020; was covered by various news channel and attended by Firdous Ashiq Awan. Beacon Investment not only spoke to the new channel but also received an award of the Best Authorized Real Estate Broker in Islamabad For booking your plots in Capital Smart City Islamabad Call at: 0345-5239692
Pakistan first online E-Magzine on Real Estate in Urdu Language
If you want to keep you updated with all latest Real estate news regarding real estate sector So stay with us. We are providing you the productive knowledge and latest NEWS of the current market situation in RED NEWS.
For details and to participate in our Real estate program contact us PTCL Number# 021-35880733, 02135888733, 02135881733, 021-35889733. Mobile Number# 0321-7(REDBOX)733269, 0320-7(REDBOX)733269, 03218233244 email at marketing@redbox.estate. Don’t forget to subscribe our channel.
If you want to keep you updated with all latest Real estate news regarding real estate sector So stay with us. We are providing you the productive knowledge and latest NEWS of the current market situation in RED NEWS.
For details and to participate in our Real estate program contact us PTCL Number# 021-35880733, 02135888733, 02135881733, 021-35889733. Mobile Number# 0321-7(REDBOX)733269, 0320-7(REDBOX)733269, 03218233244 email at marketing@redbox.estate. Don’t forget to subscribe our channel.
Watch Mr. Muhammad Shafi Jakvani (C.E.O. CITI Associates) Interview on Aaj TV program “AAJ Markets” with Mr. Imran Sultan on the topic of “Impact of Budget 2018-19 on Pakistan Real Estate Sector”
