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impact of GOVT TAX on property,

(103607)
Wednesday, June 29, 2016 03:38 AM 

Dear Members and experts give your valuable comments on GOVT new evaluation of property and impact on property market,Regards

Mian Sb replied on Wednesday, June 29, 2016 04:16 AM 

I really think it is going to screw up the market for sure . Disaster !!
CMY plz share your impressions
I think it is inevitable now

AHMAD HASSAN® replied on Wednesday, June 29, 2016 05:00 AM 

Short term investors will be eliminated from market. They ve to find other market for their business. Now only genuine buyers who needs to buy for their homes will buy.

Kureshi® replied on Wednesday, June 29, 2016 05:10 AM 

I think it will impact the market real bad. More problems for filers.

User_12307® replied on Wednesday, June 29, 2016 05:37 AM 

Totally agree with u all..

User_16051® replied on Wednesday, June 29, 2016 06:15 AM 

Another milestone accomplished by NOORA LEAGUE

Arif M® replied on Wednesday, June 29, 2016 06:38 AM 

People will start realizing its impact once this process starts. It will make process costly as well as time taking. This will push away expat investors as well as short term trading.

Ahsan® replied on Wednesday, June 29, 2016 06:52 AM 

I think we need not to panic and wait for its impact. It might affect in short term but again Real estate is a major sector for overseas and local people. We are already paying high taxes and probably more will be imposed. The major impact will be on highly inflated properties particularly some commercials in DHA and Bahria (if they are non-possession).

HussainAli® replied on Wednesday, June 29, 2016 08:34 AM 

@Kureshi bhai, how will it create more problems for filers? And how are non-filers saved from it?
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