Pakistan attracting global real estate investorsSawiris, however, is now on a different mission to Pakistan. Heavy taxation: ‘Real estate sector of Pakistan suffering’Sawiris said his aim would be to expand to other cities including Karachi and Lahore, but the challenge would be to find land in the provincial capitals. “Land availability is the biggest issue facing the real estate sector in the country. Talks of these modalities are ongoing, said Eighteen Islamabad Chief Executive Officer Tarek Hamdy. He also said no-objection certificates have been obtained from the Capital Development Authority in Islamabad and transfer deeds will be given to buyers since Eighteen Islamabad owns the land already.

Source: The Express Tribune December 22, 2017 18:00 UTC