CategoriesNews Economy Property Taxes Real Estate Investment

Punjab Imposes 16% GST on Rented Properties from July 1

LAHORE: The Punjab government has announced a 16% General Sales Tax (GST) on rented properties across the province. The new tax will take effect from July 1, 2026.

The tax will apply to rented commercial buildings, non-residential properties and other rented immovable properties. Smaller houses rented out will also be included.

The decision is expected to affect both landlords and tenants. Landlords may either pay the tax from their rental income or increase rents to cover the cost. This could make homes, shops, offices and warehouses more expensive for tenants.

Property tax payments in Punjab will now be made through the E-Pay Punjab system. Taxpayers who use the self-assessment method will get a 5% rebate. Those registered before January 1, 2025, will receive a 20% cap on capital value assessment.

If property tax is not paid on time, the government will add a surcharge every three months. These increases will take place on October 31, January 31, April 30 and July 31.

Property dealers have criticised the move. They say property owners already pay taxes on rental properties, so adding another tax is unfair.

Residents have also raised concerns. Many people, especially pensioners, depend on rent as their main source of income. They fear the new tax will reduce their monthly earnings.

The Punjab government has also increased the token tax on commercial vehicles, including vans and trucks, as well as vehicles of 1,000cc and above.

For moreย news on real estateย and special reports, visitย Chakor.

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Chakor Secures $200M in FDI Through Historic Signing with Portuguese Delegation from OLAE
CategoriesChakor Global Initiative Chakor Events Economy Real Estate Investment

Chakor Secures $200M in FDI Through Historic Signing with Portuguese Delegation from OLAE

Islamabad, Pakistan โ€” June 20, 2026: Chakor, one of Pakistan’s leading real estate developers, has concluded a landmark FDI signing with a Portuguese investor delegation from OLAE at the Chakor Global Initiative’s Islamabad event held on June 20, 2026.

The historic signing formalises a combined investment commitment of 200 million USD across two Chakor development projects: Citadel Prime, a premium residential project located in the CBD Lahore, and a second flagship Chakor project, marking a significant milestone in Pakistan’s real estate sector.

This game-changing signing brings tangible European FDI inflow in Pakistanย property market at a time when international confidence in the country’s economic trajectory is building. The impact of foreign direct investment on economic growth in Pakistan is well documented, and signings of this scale translate directly into job creation, infrastructure development, and long-term sectoral confidence. For Chakor, this is not merely a transaction; it is a statement of intent: that Pakistan is open, investable, and ready for the world.

The Islamabad event was attended by Prof. Dr. Jose Paulo Oliveira, Founder and President of OLAE, accompanied by other senior OLAE representatives, including Dr. Carlos Alberto Ribeiro, Sueny Aline, and Dr. Muhammad Sohail.

Speaking on the occasion, Muhammad Abbas Khan, CEO of Chakor, said:

“This signing with OLAE is a defining moment not just for Chakor, but for Pakistan’s real estate sector as a whole. Attracting European investment of this scale reflects the strength of our projects, the credibility of our platform, and the growing appetite of global investors for what Pakistan has to offer. We built the Chakor Global Initiative to open exactly these doors, and today, they are wide open.”

Adding to this, Prof. Dr. Jose Paulo Oliveira, President of OLAE, said:

“We have seen firsthand the opportunities this market offers, and we are proud to be part of what Chakor and Muhammad Abbas Khan is building here. “

The Chakor Global Initiative, which also held its inaugural gathering in Lahore, has positioned Chakor at the forefront of Pakistan’s push to integrate its real estate market with global investment networks. This OLAE partnership represents one of the most consequential instances of foreign direct investment in Pakistan‘s real estate sector to date, and a defining addition to the country’s growing FDI in Pakistan narrative, standing as the most concrete outcome of that ambition to date.

Petrol Drops by Rs74
CategoriesNews Economy Transport

Govt Slashes Fuel Prices as Petrol Drops by Rs74, Diesel by Rs67

ISLAMABAD: In a major relief measure for consumers, Prime Minister Shehbaz Sharif on Friday announced a substantial cut in fuel prices, reducing petrol by Rs74 per litre and high-speed diesel by Rs67 per litre, as the government moves to pass on the benefits of falling international oil prices to the public.

According to the announcement, the formal notification confirming the new rates had not yet been issued at the time of reporting. Prices have been adjusted weekly since the outbreak of the US-Iran war, reflecting the volatility conflict has introduced into global energy markets.

Once the revision takes effect, petrol will be priced at Rs299.78 per litre, while diesel will be priced at Rs311.78 per litre, sharply lower than the previous rates of Rs373.78 and Rs378.78, respectively.

Explaining the rationale behind the decision, the Prime Minister stated that the government was responding to an improved regional economic climate alongside the broader decline in oil prices, describing the move as the fulfilment of a commitment previously made to the nation.

The announcement follows remarks PM Shehbaz delivered earlier in the day in the National Assembly, where he had pledged a “significant” reduction in fuel prices, attributing the shift to de-escalating tensions in the Middle East following the recently brokered US-Iran peace agreement and the resumption of energy shipments through the Strait of Hormuz.

In his official statement, the Prime Minister also acknowledged the difficulties faced by ordinary citizens during the period of elevated fuel costs, commended the public for its patience and resilience, and expressed appreciation for their continued support for the government throughout the challenging period.

The development is being viewed as a direct economic dividend of the broader regional stabilisation following the recent ceasefire arrangement between Washington and Tehran, which has restored confidence in global oil supply chains.

For moreย news on real estateย and special reports, visitย Chakor.

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wooden door price
CategoriesHome Design Architecture Economy

Wooden Door Price in Pakistan: Best 2026 Guide to Types and Rates

If you are searching for the different types of doors and wooden door price in Pakistan, here is a quick answer. A standard wooden door costs between PKR 8,000 and PKR 60,000, while premium solid-wood doors made from Deodar, Sheesham, or Mahogany can go up to PKR 130,000 or more, depending on size, design, and finish. Custom-carved doors can cost PKR 150,000.ย 

This guide breaks down the current wooden door price for every type of wooden door, popular design ideas, and lock and polish costs, so you can budget accurately before you buy.

What Is the Average Wooden Door Price in Pakistan in 2026?

Door Type Material Price Range (Per Door)
Solid Wood Door Diyar, Ash, Sheesham PKR 25,000 to PKR 130,000
Semi-Solid Door MDF Core with Veneer PKR 16,000 to PKR 30,000
Plywood Flush Door Commercial Ply PKR 8,000 to PKR 12,000
PVC Door Plastic or Polymer PKR 6,000 to PKR 10,000
Fiberglass Door Fiber and Resin PKR 11,000 to PKR 18,000
uPVC Door Unplasticized PVC PKR 15,000 to PKR 35,000

For custom doors made by a carpenter, wooden door price are usually quoted per square foot rather than per door.

Wooden Door Price Per Square Foot

Wood Quality Price Per Sq. Ft. (Labour and Material)
Premium (Diyar or Afghan) PKR 1,400 to PKR 1,800
Standard (Ash or Oak) PKR 1,100 to PKR 1,450
Mid Range (Kail or Malaysian) PKR 850 to PKR 1,000
Budget (Panel or Semi Solid) PKR 450 to PKR 600

A standard bedroom door measuring 3.5 by 7 feet works out to roughly 24.5 sq. ft, so multiply that figure by the rate above to estimate your total cost.

What Are the Different Types of Wood Used for Doors in Pakistan?

Choosing the right wood is the biggest factor behind any wooden door price in Pakistan.

Wood Type Price Per Cubic Foot Best Suited For
Deodar (Diyar) PKR 8,500 Main entrance, exterior doors
Sheesham (Rosewood) PKR 9,000 to PKR 12,000 Main doors, premium interiors
Ash Wood PKR 10,500 Main doors, modern designs
Mahogany PKR 8,500 Exterior doors in humid climates
Oak PKR 9,500 Exterior doors, furniture-grade
Kail (Pinewood) PKR 4,000 Interior and budget doors
Partal (Himalayan Spruce) PKR 3,500 Interior doors, window panels
Kikar (Acacia) PKR 3,500 to PKR 5,000 Budget-friendly doors
Poplar Budget range Interior doors, kitchen cabinets

Which Wood Performs Best?

Deodar has even, straight grains and resists termites and moisture well, which is why it remains the top pick for a wooden main door in Pakistan despite its wooden door price, though it scratches more easily than harder woods. Sheesham and Mahogany sit at the premium end, valued for strength and a rich, dark finish that ages well.ย 

Ash wood is sturdy and resists shrinkage, but it needs protection from harsh sunlight. Oak is long-lasting and resistant to warping but can darken unevenly over time. Kail, Partal, Kikar, and Poplar are softer, more affordable woods that work well for interior doors but are not recommended for exterior use, as they are more prone to termite damage and general wear.

How Much Does a Main Wooden Door Price in Pakistan?

Main Wooden door

The wooden main door carries the highest price tag of any internal or external door because it needs extra thickness, strength and a premium finish for security and curb appeal. A solid Deodar or Sheesham main door typically costs PKR 35,000 to PKR 80,000 or more, with carved or custom wooden main door design work pushing prices well past PKR 100,000.ย 

Experts recommend a main door thickness of at least 1.5 to 2 inches for proper security. Budget alternatives like Engineered Wood or a semi-solid main wooden door price down to PKR 18,000 to PKR 30,000 while still offering a wood grain finish.

What Are the Latest Wooden Door Design Ideas for Home?

Wooden door design trends in Pakistan have moved well beyond plain flat panels. Below is a detailed breakdown of each style so you know exactly the wooden door price and where it fits best in your home.

Modern Wooden Door Design

A modern wooden door design strips away ornamentation and focuses on clean geometry. The panel is usually a single flush surface or split into two or three equal vertical or horizontal sections using thin recessed grooves instead of raised mouldings. Hardware is kept minimal, often a slim stainless-steel or matte-black handle set flush against the door rather than a bulky traditional knob.

The finish is almost always matte rather than glossy, which lets the natural wood grain show without looking shiny or old-fashioned. When comparing options, the wooden door price can vary significantly depending on the wood type, panel design, and hardware quality, so it’s worth checking a few designs before deciding on the one that best fits both your aesthetic and your budget.ย 

This style works best in Ash wood or Oak because both woods have a tight, even grain that looks sharp under a matte coat. It suits main doors on contemporary house facades, drawing room entrances, and any home where the rest of the interior follows a minimalist theme. Ash wood with a matte finish is currently the most requested wooden door design for home interiors in Pakistan, largely because it photographs well and pairs easily with both warm and cool-toned wall colours.

Simple Wooden Door Design

Simple Wooden Door Design

A simple wooden door design is the most economical and widely used style for bedrooms, storerooms and secondary entrances, making the wooden door price quite affordable for everyday use. It consists of a single flat or lightly moulded panel with no carving, no glass insert and minimal detailing. The only visual interest usually comes from the natural grain of the wood itself or a thin border moulding running around the edge of the panel.ย 

Because there is no carving labour involved, this design keeps both material and craftsmanship costs low, which is why it is commonly built from Kail, Partal or Kikar rather than premium woods like Sheesham or Deodar. It is the right choice if you need to fit out multiple doors across a house on a tight budget, since the savings per door add up quickly across an entire property.

Wooden Door Design for Room

Wooden Door Design for Room

A wooden door design for room interiors generally falls between the simple flat-panel and the more decorative main-door styles. Common features include two or three raised or recessed panels arranged vertically, lighter wood tones than what you would use for an exterior door, and occasionally a small frosted or fluted glass cutout near the top to allow some light or ventilation between rooms without sacrificing privacy.

A room door design with a raised-panel or shaker style is particularly popular because the shallow three-dimensional panel adds visual texture without requiring carving. This style is forgiving on the wooden door price since it can be made in Poplar or Kail and still look more refined than a completely flat door, making it a good middle ground for bedrooms, studies, and home offices.ย 

Carved or Decorative Wooden Doors

Carved doors represent the top end of wooden door design in Pakistan, both visually and in price. The design typically features deep-relief carving of floral motifs, geometric Islamic patterns, or vine-and-leaf borders cut directly into solid wood panels, most often Sheesham or Deodar, because both woods are dense enough to hold fine-carved detail without chipping. Some designs combine carving with a raised centre panel that sits proud of the surrounding frame, creating a layered, three-dimensional look from a distance.

This style is almost exclusively used for main entrance doors, where the door itself serves as a design statement for the entire property. Because every carved door requires a skilled craftsman to work by hand for several days, pricing reflects labour as much as material, which is why carved wooden door price in Pakistan range from PKR 30,000 for simpler border carving to PKR 70,000 or more for full-panel relief work.

ย If you are browsing pictures of wooden door designs for inspiration, pay close attention to the depth of the carving in the photo, since shallow machine-routed patterns look very different in person compared to genuine hand-carved relief work.

What Is the Price of a Wooden Double Door in Pakistan?

A wooden double door is a common choice for grand entrances, drawing rooms and villas. Because it uses roughly twice the material and labour of a single door, wooden door price ranges from PKR 60,000 to PKR 180,000, depending on wood and design. A wooden double door design with matching carved panels and brass fittings sits at the higher end, while a simpler flush double door in Kail or Partal can be done for PKR 35,000 to PKR 60,000.

How Much Does a Wooden Sliding Door or Bifold Door Cost?

A wooden sliding door is increasingly used for drawing rooms, balconies and space-saving interior partitions. Wooden door price depends on track hardware and panel count, but typical costs range from PKR 25,000 to PKR 70,000 for a standard two-panel sliding setup.

Wooden bifold doors and wooden folding doors are popular for wardrobes, kitchen partitions and patio openings where a swinging door would take up too much space. These typically cost PKR 15,000 to PKR 40,000 per opening, depending on the panel count and wood grade, with hardware (rollers, hinges, tracks) adding PKR 3,000 to PKR 8,000.

What Are the Best Wooden Glass Door Designs?

Wooden Glass Door Designs

A wooden glass door design combines a wooden frame with full or partial glass panels and is commonly used for balconies, study rooms, and modern drawing rooms. A glass door with a wooden frame design typically costs more than a solid-panel door of the same size because of the tempered or frosted glass insert, which usually adds PKR 5,000 to PKR 15,000 to the base wooden door price. These designs work especially well in Ash or Oak frames, which complement the clean lines that glass panels call for.

What Do Wooden Main Door Designs in Indian Style Look Like?

Indian Sttyle Wooden Door

Wooden main door designs in the Indian style remain a popular reference point for Pakistani homeowners who want an ornate, traditional entrance. These designs typically feature deep-relief carving, jali (lattice) patterns, arched tops, and brass or antique-gold hardware, usually crafted from Teak, Sheesham, or Deodar. Due to labour-intensive carving, wooden door price for this style generally starts at PKR 60,000 and can exceed PKR 150,000 for hand-carved pieces.

How Much Do Wooden Door Locks Cost in Pakistan?

Lock and hardware costs add a meaningful amount to your total wooden door price in Pakistan, sometimes PKR 5,000 to PKR 40,000 per door once everything is included.

Accessory Quality or Material Price Range (PKR)
Main Door Handle Lock Zinc Alloy or Brass PKR 8,500 to PKR 35,000
Bedroom Handle Lock Standard (Wista or Nexen) PKR 3,500 to PKR 9,000
Cylindrical Knob Lock For Bathrooms PKR 1,200 to PKR 2,500
Door Hinges (Kabzay) Stainless Steel, Set of 3 PKR 800 to PKR 2,500
Door Stopper Magnetic or Rubber PKR 450 to PKR 1,200
Digital Smart Lock Fingerprint or Card, Imported PKR 25,000 to PKR 65,000

Wooden door lock prices in Pakistan vary mainly by brand and finish. Local zinc alloy locks are budget-friendly, while imported brass or digital smart locks cost significantly more but offer better durability and added security for the main entrance.

What Are the Best Wooden Door Paint Colours and Polish Options?

Finishing is one of the easiest ways to change how a door looks without changing the wood itself.

Finish Type Description Rate (Per Sq. Ft.)
Standard Wood Polish Hand rubbed (Lakh Dana) PKR 150 to PKR 250
Deco Paint High gloss or solid colors PKR 350 to PKR 550
PU or Lacquer Finish Premium machine finish PKR 500 to PKR 800
Simple Oil Paint For steel or flush doors PKR 80 to PKR 120

For wooden door paint colours, walnut brown, mahogany red, and natural honey tones remain the most requested for main doors, as they highlight the grain and influence wooden door price. Matte black and charcoal grey are trending for modern facades, while soft white or off-white finishes work well for interior room doors. A proper wooden door polish job using the Lakh Dana hand-rubbed method brings out the natural shine of Deodar and Sheesham and remains ideal for humid climates.

Is Buying an Old Wooden Door a Good Idea?

An old wooden door, whether reclaimed from a demolished property or bought from an antique dealer, can be a budget-friendly and characterful option for a wooden door price, especially for Diyar or Sheesham pieces that are no longer commercially available at the same quality level.

Before buying, check carefully for termite damage, warping and loose joints, since restoration (stripping, sanding, repolishing) can add PKR 5,000 to PKR 15,000 to the upfront cost. If the structure is sound, an old wooden door often outperforms a new budget door in both durability and appearance.ย 

What Additional Costs Affect Wooden Door Price?

Cost Item Type or Material Price Range (PKR)
Chaukhat (Steel Frame) 16 Gauge Standard PKR 5,500 to PKR 8,500
Chaukhat (Wooden Frame) Diyar, A Grade PKR 18,000 to PKR 28,000
Chaukhat (WPC Frame) Waterproof, Termite Proof PKR 12,000 to PKR 16,000
Installation Carpenter Labor PKR 2,000 to PKR 7,000
Polish or Paint Per Sq. Ft, Finish Dependent PKR 80 to PKR 800
Locks and Hardware Standard to Digital PKR 5,000 to PKR 40,000

Frequently Asked Questions

As of 2026, prices range from PKR 8,000 for a basic plywood or PVC door to PKR 130,000 or more for a premium solid Deodar or Sheesham main door, with custom-carved designs going even higher.

A semi-solid door has a solid wood frame around the edges with an MDF or honeycomb core in the centre, covered by a thin wood veneer. It looks similar to solid wood but costs roughly half the price.

Solid Deodar, Sheesham, or Ash wood is the top choice for main doors because of its strength and resistance to weather. A thickness of at least 1.5 to 2 inches is recommended for security.

No. Standard door rates usually refer only to the door leaf. A wooden or steel chaukhat typically adds PKR 5,000 to PKR 28,000, depending on the material.

Check the weight first, since solid doors are noticeably heavier. Then inspect the top or bottom edge. A solid door shows continuous wood grain throughout, while a semi-solid door reveals a layered, sandwich-like structure.

A wooden double door generally costs close to twice as much as a single door of the same wood and design, typically PKR 60,000 to PKR 180,000, since it uses twice the material and hardware.

Final Thoughts: Wooden door price in Pakistan

Choosing the right door for your home comes down to balancing budget, durability, and design. As this guide shows, wooden door price in Pakistan can range from PKR 8,000 for a basic plywood or PVC door to over PKR 130,000 for a premium solid Deodar or Sheesham main door, with custom-carved designs going even higher. The wood type, design complexity, hardware, and finishing all play a major role in determining your final cost, so it helps to decide on these priorities before you start shopping.

If you’re on a tight budget, woods like Kail, Partal, or Poplar, paired with a simple or shaker-style design, will keep costs low without sacrificing much in appearance. For a long-lasting main door, investing in Deodar or Sheesham with a properly polished finish is worth the higher wooden door price. Remember to also budget for the chaukhat, installation, and locks, as these add to your overall cost and ensure you get a complete, well-fitted door rather than just the door leaf.

For more information onย City View Apartment Interior Design Pakistanย andย House Design, please visitย Chakor.

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CategoriesChakor Global Initiative Chakor Events Economy Real Estate Real Estate Investment

Chakor Global Initiative Bridges Local Real Estate Developers and Portuguese Investorsย from OLAE

LAHORE, Pakistan โ€” June 17, 2026: Chakor launched the Chakor Global Initiative to build direct connections between international capital and Pakistan’s most credible real estate opportunities. This week, that vision advanced in a significant way.

A high-level delegation from OLAE, Portugal, comprising the President of OLAE, Prof. Dr Jose Paulo Oliveira, accompanied by Dr Carlos Alberto Ribeiro, Sueny Aline, and Dr Muhammad Sohail, visited Pakistan under the initiative. Through this platform, local real estate developers gained direct access to international representatives and a tangible opportunity to present their projects for foreign direct investment.

A Strategic Meeting with CBD Punjab

Chakor put its international network to work, arranging a strategic meeting between the Portuguese delegation and CBD Punjab at CBD Lahore, where the delegation received a detailed briefing on the scale, vision, and investment potential of one of Punjab’s most significant urban development projects.ย 

On the same platform, Chakor presented Citadel Prime Lahore, its premium residential offering, placing the project directly before global decision-makers with a stake in Pakistan’s growth story. Both engagements reflected what sets Chakor apart: the ability to open doors that translate international interest into real investment.

Unlike conventional angel investment platforms or digital crowdfunding models, the Chakor Global Initiative facilitates direct, high-level engagement between project owners, institutions, international representatives, and investors. It also creates new channels for international investors and business angels to identify credible opportunities and establish strategic partnerships with local developers.

In the evening, Chakor hosted a private dinner, bringing the Portuguese delegation together with senior figures from Pakistan’s government, real estate, and business sectors.

The guests included Minister of Education Punjab Rana Sikandar, CEO of CBD Imran Amin, Salman Zafar of Linkers Development, and senior representatives from leading real estate developers and business figures across Pakistan.

โ€œPakistan has the projects, talent, and potential to attract major international investment. Chakor is creating the direct connections required to turn that potential into partnerships, capital, and long-term growth.โ€

โ€” Muhammad Abbas Khan, CEO, Chakor

Exclusive networking and social events are being hosted by Chakor in Lahore and Islamabad, with limited seats available.

Secure your place through the Chakor Global Initiative.

99% Tax Target
CategoriesNews Budget Developments Economy Property Property Taxes Tax

Punjab Hits 99% Tax Target, Plans FBR-Like Tax Body

LAHORE: Punjab’s government has announced plans to create a unified revenue authority modelled on the Federal Board of Revenue, consolidating all provincial tax streams under a single institutional framework during the upcoming fiscal year.

Finance Minister Mian Mujtaba Shujaur Rehman disclosed the initiative at a post-budget press conference on Wednesday, citing strong performance in the outgoing fiscal year as grounds for the reform. The province met 99 percent of its tax collection target, prompting officials to raise the revenue goal for FY 2026-27 by 46 percent. Own-source revenues are projected to grow between 30 and 40 percent, a gain the minister attributed to curbing corruption within tax administration and broadening the provincial tax base.

Under the new targets, the Punjab Revenue Authority has been assigned a collection goal of Rs528 billion, while the Excise and Taxation Department will aim for Rs124 billion. Non-tax departments are expected to contribute Rs461 billion, with the Mines and Minerals Department emerging as the leading performer in that category.

Rehman noted that only modest revisions to existing tax rates were proposed for the coming year, given current economic conditions. He explained that a Rs546 billion grant to the federal government had reduced Punjab’s development budget from Rs1,240 billion to Rs752 billion, though officials maintained that no development priorities were compromised.

Addressing reporters’ questions, the minister confirmed that proposed amendments to the agricultural tax, unchanged since 1998, would apply only to landholdings exceeding 12.5 acres.

Senior Minister Marriyum Aurangzeb, also present at the briefing, rejected claims that southern Punjab or the agriculture sector were being neglected, pointing to rising acreage and crop output. She further clarified that reports of a Rs145 billion traffic-fine target were inaccurate, stating that the actual figure is Rs45 billion. Officials added that documentation for 493 new development schemes, including a laptop distribution programme, would be finalised by June 30.

For moreย news on real estateย and special reports, visitย Chakor.

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real estate investment platform in pakistan
CategoriesNews Chakor Events Chakor Global Initiative Economy Partnerships Real Estate Investment

Chakor Global Initiative Brings Global Capital to Pakistan Through a First-of-Its-Kind Real Estate Investment Platform in Pakistan

Lahore, Pakistan โ€” June 17, 2026: Through the Chakor Global Initiative, Chakor brought a high-level Portuguese delegation from OLAE to Pakistan, giving local real estate developers direct access to international representatives and a rare opportunity to present their projects for potential foreign direct investment.

The world is looking at Pakistan.

Through a first-of-its-kind initiative, Chakor brought government-backed development authorities, international representatives, and private-sector developers together on one credible investment platform, turning international interest in Pakistan into direct investment opportunities.

The Chakor Global Initiative is establishing a new standard for an investment platform in Pakistan by creating direct connections between international capital and credible local projects.

The visiting Portuguese delegation included Prof. Dr. Jose Paulo Oliveira, President of OLAE; Dr. Carlos Alberto Ribeiro; Sueny Aline; and Dr. Muhammad Sohail.

Chakor Connects the Delegation with CBD Punjab

Leveraging its international network, Chakor connected the Portuguese delegation with the CBD Punjab team for a strategic meeting at CBD Lahore.

The delegation received a detailed briefing on the scale, vision, and investment potential of the Central Business District and explored opportunities for international participation in one of Punjabโ€™s most significant urban development initiatives.

Chakor also presented its premium residential project, Citadel Prime Lahore, outlining its vision, strategic location, commercial potential, and relevance to international investors.

Through this engagement, Chakor strengthened its position as a credible real estate investment platform in Pakistan, bringing together a government-backed development authority, international representatives, and private-sector projects on a single platform.

The meeting placed Lahoreโ€™s development potential directly before global decision-makers and created a clear path for future investment discussions.

Unlike a conventional angel investment platform in Pakistan or a digital real estate crowdfunding platform, the Chakor Global Initiative fosters direct, high-level engagement between project owners, institutions, international representatives, and investors.

It also opens new channels for international investors and Business Angels in Pakistan to identify credible opportunities and establish strategic partnerships with local developers.

An Exclusive Private Dinner for Pakistanโ€™s Decision-Makers

In the evening, Chakor hosted an exclusive private dinner and networking event for the Portuguese delegation and selected leaders from Pakistanโ€™s government, real estate, and business sectors.

The guests included Minister of Education Punjab Rana Sikandar, CEO of CBD Imran Amin, Salman Zafar of Linkers Development, and senior representatives from leading real estate developers and business figures across Pakistan.

The private setting enabled direct conversations between international representatives and Pakistani decision-makers. Guests discussed investment opportunities, strategic partnerships, project development, and future collaboration beyond the limitations of a conventional public event.

โ€œPakistan has the projects, talent, and potential to attract major international investment. Chakor is creating the direct connections required to turn that potential into partnerships, capital, and long-term growth.โ€

โ€” Muhammad Abbas Khan, CEO, Chakor

Exclusive networking and social events are being hosted by Chakor in Lahore and Islamabad, with limited seats available. Secure your place through the Chakor Global Initiative.

FBRโ€™s New Digital Mechanism
CategoriesNews Economy Property Taxes Tax

FBRโ€™s New Digital Mechanism Aims to Curb Prolonged Tax Litigation

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a digital solution designed to expedite the resolution of tax disputes and curb prolonged litigation through a technology-driven process. The initiative was formalised under a new provision in the Finance Bill 2026, which empowers the FBR to establish a digital system to generate settlement offers for registered taxpayers prior to the issuance of final assessment orders.

The mechanism is intended to facilitate early resolution of tax proceedings by giving taxpayers an opportunity to settle disputes through a transparent, automated framework rather than pursuing lengthy adjudication.ย 

According to officials, the system-generated settlement offers will take into account several factors, including the stage of the proceedings, the taxpayer’s compliance history on record with the FBR, the nature of the identified discrepancy, and any other criteria the Board deems relevant.

Under the proposed framework, taxpayers who receive a settlement offer will have a ten-day window to accept it through the IRIS portal and deposit the specified settlement amount. Once payment is made, the issues raised in the relevant notice or audit report will stand abated, effectively closing those proceedings.

Commenting on the development, tax expert Arshad Shehzad said the mechanism has the potential to significantly reduce litigation, accelerate dispute resolution, and improve revenue collection by encouraging voluntary compliance.ย 

He noted, however, that the framework could be further strengthened by introducing an additional layer of review, suggesting that a specialised committee be established to examine taxpayers’ responses and objections before assessments are finalised, to ensure greater fairness and equity in the process.

Shehzad described the initiative as part of broader efforts to modernise Pakistan’s tax administration through technology-driven reforms, reduce compliance costs for taxpayers, and enhance certainty in tax matters.

For moreย news on real estateย and special reports, visitย Chakor.

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Construction Sector Bounces Back with 5.73% Growth
CategoriesNews Budget Construction Economy

Pakistanโ€™s Construction Sector Bounces Back with 5.73% Growth in FY2025-26

ISLAMABAD: Pakistan’s construction sector has emerged as one of the key drivers of economic recovery, registering a robust growth of 5.73% during FY2025-26, a remarkable turnaround from the modest 1.14% expansion recorded in the previous fiscal year. The figures were disclosed in the Pakistan Economic Survey 2025-26, released by the Ministry of Finance.

The significant acceleration in growth has been attributed to improved macroeconomic conditions, a stable exchange rate, declining inflation, and a notable rise in private investment, which surged by 12.8% during the same period. These combined factors created a more conducive environment for developers, contractors, and investors to expand their activities across the country.

The construction sector holds strategic importance in Pakistan’s economy owing to its deep linkages with more than 40 allied industries, including cement, steel, glass, ceramics, paints, electrical equipment, and transport services.

The sector’s upward trajectory consequently provided a significant boost to broader industrial performance. The industrial sector expanded by 3.51%, while large-scale manufacturing recorded an impressive growth of 6.11% during FY2025-26.

Demand for key construction materials, particularly cement and steel products, also rose considerably, reflecting the heightened pace of building and infrastructure activity across urban and semi-urban areas.

Pakistan’s growing population, which reached approximately 252 million in FY2025-26, has further intensified demand for housing, transportation networks, and urban infrastructure, providing sustained momentum to the sector.

Additionally, construction remains one of the highest-employment sectors in the economy. Its extensive supply chain supports skilled, semi-skilled, and unskilled workers, while also creating business opportunities for contractors, suppliers, and transporters.

Analysts view the sector’s strong performance as a positive indicator of broader economic stabilisation, noting that continued investment in infrastructure and housing will be critical to sustaining this growth trajectory in the years ahead.

For moreย news on real estateย and special reports, visitย Chakor.

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CategoriesNews Economy Property Property Taxes Real Estate Tax Urban Developments & Planning

Punjab Recovers Rs9.3 Million But Misses FY26 Property Tax Target

LAHORE: The Excise, Taxation and Narcotics Control Department has been unable to meet its property tax collection goal for FY2025-26, despite revising property valuation rates and widening the tax base earlier in the year. With two weeks left before the June 30 deadline, officials have shifted into emergency mode.
The Director General of Excise and Taxation has cancelled all staff leave and ordered field teams to stay on active recovery duty until the fiscal year closes. As part of the crackdown, officers across the department’s five property tax zones sealed 362 properties belonging to defaulters in a single week, recovering Rs9.3 million in unpaid dues over the same period.

Zone-IV Gujar Khan stood out as the best-performing area. Excise and Taxation Officer Abdul Qadir led recoveries in the zone, followed by ETO Asim Sardar and ETO Kulsoom Zahra.

At the other end of the scale, Zone-V, which covers several upscale neighbourhoods with large, high-value properties, posted the weakest recovery numbers. Officials say complaints have already been filed with the Director General over the reporting of allegedly bogus taxable properties from that zone, raising questions about data integrity within the system.

Field officers, however, remain hopeful. They say notices have been issued to all known defaulters and enforcement operations are running throughout the day across all zones.

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