The prime Minister of Pakistan Imran Khan made some major announcements for real estate sector. Since the start of the World deadliest pandemic Covid-19 Almost all spectrum of life has been affected one way or the other, A pandemic that went out of hand for the developed nation is really frightening to the developing nation along with all the uncertainty that comes with it. Developing countries already struggling with crumbling economy and a huge debt left for them to pay, with businesses closed down due to a forced lock down as a measure to curb the spread of the deadly virus. Developing Nation are making sure they are making the right decisions during this pandemic. A total lockdown might kill off the economy and a non-lock down might kill its people, very hard choice for countries to make, and it is very crucial that countries are decisive at the moments. Late this week the prime minister Imran Khan decided to give some relaxation to the construction industry amidst this corona virus lock down, As the construction and real estate industry plays a vital role in Pakistan’s economy, and their inactivity would result in a huge loss. Industry Status has been given to the Construction Sector The following updates has then been further announced Withholding tax on construction materials is to be waived off, excluding cement and iron There would no longer be unnecessary inquiries about source of income for those investing in the construction sector Tax rates would now be fixed for, as they would be charged per square foot or square yard Capital gain tax on properties would no longer be charged A subsidy of 30 billion rupees would be paid to the Naya Pakistan housing scheme for the poor A construction industry development board is to be established While trying to fight the pandemic as much as possible Imran khan is technically trying to keep a balance in the country’s economy my allowing operations ongoing for the construction industry, which is the second largest sector In the country. The Corona Virus having its take on Pakistan Not just businesses almost everything has been shut down, ranging from educational institutions to marriage halls and restaurants. Many ration drive with t intention of providing foods to the needy has been initiated by various individuals and NGOs which has been almost the only option for these poor workers to keep them home when they cannot work to earn daily livelihood. The generosity of Pakistanis have always come handy in times of crises like this, but this one crises would need not only a giving hand but a sustainable giving hands, as it has now become a factor of making sure you able to feed same bellies every day. The country cannot affords a wide breakout of the deadly virus but cannot afford to starve its people. While the world is busy looking for the right formula of vaccines for Corona, developing countries like Pakistan are doing their best within their capacity to curtail the virus as well has the hunger of its population
New Blue Area Commercial City Islamabad is approved by Prime Minister Imran Khan within the limits of federal capital Islamabad. In front of F-9 Park in capital city the government has allocated 170 canal piece of land for this mega project. This project will offer jobs and will also attract investments from International Pakistanis said by the Prime Minister of Pakistan. The government will be able to make first revenue of more than Rs 30 billion from this international standard mega project. Revenue gained by this project will be utilized on the society that is initially announced by the PM. Yes I am talking about Naya Pakistan Housing Project that will provide shelter to poor and low income groups aimed at building low cost. This project will not only promote the construction sector but also help to generate employment in federal capital. This project will expedite commercial activities in Pakistan. Within the city the commercial space would be doubled by this project. The open auction of the land has been scheduled from April 14-16 briefed by the Prime Minister who visited the proposed site. The existing commercial area is the most crowded market of Islamabad where businesses are exploiting earlier but due to the increase in population of Islamabad. Need arises for the development of new commercial area to adjust new business opportunities in central Islamabad. The exact location of New Blue Area has not recently been introduced by CDA. But we proposed that it would be planned right opposite to F-9 Park Islamabad. Reason behind the supposition of this location is that existing Blue Area is located along G-6, G-7, F-7 and F-6. We can notice many empty spaces on both sides of the roads while travelling along F-8 and F-9. There are some commercial plazas being constructed here already. There are total 26 commercial plots for sales are available in this New Blue Area commercial project. The sale will be held in April 2020 and CDA is hoping to generate about 30 billion Rs by this mega project. About 5% revenue will be utilized on development and provision of facilities in this commercial area. New blue area is the prime location of Islamabad and has and has an enormous commercial value. Many commercial high rise projects will start after the auction of these commercial plots by CDA. In terms of upcoming investments this is an important development by CDA. Like this other mega projects will also launch in Lahore and Karachi soon. Specific instructions are given to preserve trees as the construction begins. In the history of Islamabad this is the first time when the government has introduced a commercial zone.
ZEM ARK a project by ZEM builders. As everybody knows the trend of high rise buildings and apartments has introduced all over the world. As Burj Khalifa the worlds tallest building in the world. In some previous years we can only seen these buildings in other countries but now the trend of these high-rise buildings and apartments came in Pakistan. ZEM builders have introduced some tremendous projects which contains great commercial, residential and amusement facilities. This is the best location to spend your free time with your family and friends. Bahria Rawalpindis most desirable commercial hub with refreshing new way of production coming soon to Bahria Town and we want to Introduce our customers about this beneficial project. Yes your todays investment in ZEM ARK can prove to be very beneficent for you and your family. As ZEM builders previous projects have been sold the ZEM liberty tower and the investors of that project are already benefiting from it, this success ratio of ZEM builders project is due to their tremendous portfolio and experience in the real estate industry. If you want to invest with one of the most experienced real estate companies in Bahria Town then you can invest with us. We offer a platform for the success of our clients in the real estate Market of Bahria Town from last 13 years. The vision of Zeeshan Builders is to offer a world-class luxury living to the inhabitants of Pakistan has taken their project to the peak of excellence. As the proof of our integrity our past achievement records and customer success stories are available. ZEM ARK is quite close to the Statue of Liberty. This Statue of Liberty is located at the prime location of Bahria Town Phase 8 Facing towards the largest mosque of Bahria Town, named The Malik Riaz Hussain Mosque.Its not wrong to say about this area that this is the Blue Area of future. Due to the diverse nature of twin cities it attracts tourists, settlers, investors from overseas and all over Pakistan. Due to the increase in population and the increasing demand of infrastructure for diverse reasons like accommodation, employment and business Bahria Town is one of the most preferred living destinations of Rawalpindi and Islamabad. Through proper planning it have developed high-rise housing communities, commercial areas and has successfully maintained it. Moreover in its communities it has initiated making architectural wonders. Some of those wonders contains Dazzling Dancing fountain, Icon Tower, Cine Gold Cinemas, International Standard Golf Club, Eiffel Tower, Hotel and Resorts, Rafi Cricket stadium and that list goes on. Same as ZEM has brought thrilling living standards to the market that contains a world of facilities at your doorstep. With many other areas it also contains a beautiful themed area, a relaxing green enclave, a place with gym equipments, a lake inspired land space and an infinity pool with horizon. Zeeshan Builders has undertaken four construction projects named as ZEM Heights, ZEM Liberty Tower, ZEM ARK and Lake Vista. Through these projects ZEM heights is now fully completed by the developers and handed over to the occupants. The occupants of this project are fully satisfied by the returns of that project. Now this is the best time to invest in ZEM ARK because this project is now in its initial stages so the prices here are reasonable but In coming future like ZEM heights and ZEM Liberty Tower prices will gone to is peak.