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Why to Invest in Real Estate

Published

1 week ago

August 13, 2019

admin

Investing in profitable assets is the best way to ensure yourself of having a promising future in today’s world. The biggest thing while deciding to invest is to choose the right asset for yourself in order to make sure you get the best possible returns.

In light of all this information here are some of the main reasons why you should invest in real estate.

Better ROI and less Volatile investment

Investing in real estate is one of the best decision you can make in your life. According to a proper study, almost 60 percent of the billionaires in the whole world invest heavily in real estate. It is the only place where you can get the best rate of returns with little chance of risks.

Confirmed Increase In The Value Of Assets

There is no denying in saying that real estate are the best tangible assets to invest in the whole investment market. Real estate is the only asset which comes with the assurance that its value will definitely increase overtime.

Risk Decline through diversification

Diversification in your portfolio in terms of financial planning is important. Well, the good thing is that the investment in real estate gives you a chance to increase the diversification of the portfolio. This is because you minimize the risks through their ready and tangible availability.

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Gwadar Golf City

Published

1 month ago

July 20, 2019

Sidra Butt

Gwadar Golf City is a project by BSM Developers owned by the grandson of Malik Riaz, Bilal Malik. Gwadar Golf City is an exclusive housing scheme and the CEO proudly aims to turn Gwadar sand into Gold.

It is located at the prime location of the main coastal highway in Mouza Paleri adjacent to Jinnah Avenue and close to the new Cantonment Area as per the upcoming revised GDA Master Plan. Gwadar Golf City is the only irrigated green are of Gwadar.

It offers its residents an option to choose from 5, 8, and 10 marla along with 1 and 2 kanal residential plots. It offers a 10% discount on full payment or booking of plots with 30% down payment and the pending amount to be payed in 36 monthly instalments.

The project is aimed at providing its residents with state of the art amenities including Water Filtration Plant, Hospital and Medical Facilities, Gym and Sports Centre, a Zoological Garden, Country Club, 24 Hours Security, and Patrolling, 24 Hours Electricity and many more.

Gwadar Golf City is a sophisticated development due to its well-designed infrastructure, outstanding maintenance and management and high standard of amenities.

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Budget of 2019-20

Published

2 months ago

July 5, 2019

Sidra Butt

Pakistan Tehreek-e-Insaf presented their first federal budget since taking over the government. The total outlay of the budget was Rs. 7.022 trillion for the Fiscal Year of 2019-20, registering growth of 30 percent against the revised budget of Rs 5.385 trillion for the current fiscal year (2018-19).

In the assembly, the minister said that total federal revenues have been estimated at Rs 6.717 trillion which is 19 percent higher than the previous year’s revenues of Rs 5.661 trillion. The collection of revenues by Federal Board of Revenue (FBR), he said are estimated to be recorded at Rs 5.555 trillion which are 12.6 percent of Gross Domestic Product (GDP).

The austerity-oriented budget, approved by the cabinet, has proposed a 10 percent cut in ministers salaries and a subsidy worth 40 billion Pakistani rupees (the US $2.6 million) on gas and electricity. However, the salaries of government employees and the pension of retired ones will get a 10 percent hike.

The PTI government has also increased the minimum wage to Rs17500. The conveyance of disabled persons has been increased to Rs2000 from Rs1000 while special allowance of private secretaries attached with ministers and parliamentary secretaries has been enhanced to 25 percent. The defense expenditure will be maintained at 1150 billion rupees. Higher Education Commission (HEC) has been allocated an amount of over 28,646 million rupees for the ongoing and new schemes in the next fiscal year. He said a sum of Rs45.5 billion will be spent on nine development projects in Karachi.

The National Assembly on Friday approved the Budget for the Fiscal Year 2019-20 after more than two weeks since it was presented by the Pakistan Tehreek-e-Insaf government on June 11 with a total outlay of Rs7.02 trillion.