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
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