Pakistan Institute of Development Economics

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The Real Estate Market & Multiple Listing Services

Date : Friday, April 22, 2022 at 03:00 PM
Moderator: Dr. Nadeem Ul Haque, Vice Chancellor, PIDE
Panelists :

Muhammad Afnan Alam, Deputy Director General, Land & Estate, CDA, Islamabad
Taimoor Ul Haq Abbasi, Group Director, Imarat Group of Companies
Abdullah Muhammad Khan, Co-Founder, DAO PROPTECH

Presenter: Dr. Ahmed Waqar Qasim, Senior Research Economist, PIDE

The Real Estate Market and Multiple Listing Services

Currently, at least three property rates are operational in the market and that includes:

  • The Federal Board of Revenue (FBR) immovable property valuation
  • The District Collector (DC) rate
  • The market rates

The existence of multiple rates in the real estate market is due to the revenue considerations of the agencies.

The solution to this problem is to set up a proper market for real estate.

One possible solution is the introduction of multiple listing services that allow auctions.

Moderator:  Dr. Nadeem Ul Haque, Vice Chancellor PIDE

Presenter: Dr. Ahmed Waqar Qasim, Senior Research Economist PIDE

Panelists:

Mr. Muhammad Afnan Alam – Deputy Director General (Land & Estate), CDA, Islamabad

Mr. Taimoor Ul Haq Abbasi – Group Director, Imarat Group of Companies

Mr. Abdullah Muhammad Khan, Co-Founder DAO PROPTECH

Day & Date: Friday, April 22, 2022

Time: 3:00 pm