Impact of Taxes,

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Although more details have still to unfold but New taxes will have following direct impact.

Real estate sector will slow down.
Investors will be discouraged as most of money they have is Black, Although people who transfer the property are overseas and have no issues. But most of people who give hype to market are investor.
It is easiest business to buy affidavit file for local investors and foreign investor like me never indulge in affidavit files as they cant be transferred readily. Now Local investors ill have to shown white money to buy such files which they normally don't have. If demand and price of affidavit file will decrease it will also show the effect on Allocation File, as both are linked.

All files and in pipeline properties will be hit hard houses and mature properties which are used by end users will go down.

But eventually property will slowly grow in course of months and years as previously happened not like in days and weeks and most of owners will be overseas.
This white money issue is very touchy and my be revered in Coming days.
DHA and army may react to it as well, for solder and army officer it is big attraction to get a plot at low rates near end of service, All the life they remain hand to mouth. Slowing of real estate will be a big impact on their benefits