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ISLAMABAD: The federal cabinet, chaired by Prime Minister Shehbaz Sharif, has approved the National Housing Policy 2026 together with a corresponding implementation plan. Under the policy, housing projects will be required to fully observe zoning regulations, with priority given to vertical construction to improve land-use efficiency.Â
Officials noted the policy was drafted with input from local and international experts, along with federal, provincial, and development-sector stakeholders, aiming to ensure sustainable and quality housing nationwide. Energy-efficiency standards have also been folded into the policy framework to align new construction with environmental goals.
The cabinet was additionally briefed on the Apna Ghar housing scheme, revealing that banks have sanctioned loans worth Rs220 billion for prospective homeowners, of which more than Rs32 billion has already been disbursed.
In a separate move, the cabinet approved withdrawing Pakistan’s earlier notice to terminate its 1981 bilateral investment treaty with Sweden, based on a summary presented by the Board of Investment.
On the technology front, the Ministry of Information Technology introduced the draft Pakistan Information Security Framework 2026 (PISF 2026), developed under the CERT Rules 2023. The framework is designed to establish unified baseline cybersecurity standards with centralized oversight. The cabinet approved it as a key policy document and directed its timely implementation.
Further ratifications included proposed amendments to the Pakistan Oil Refining Policy 2023, aimed at upgrading refineries to strengthen energy supply, along with decisions made during recent Economic Coordination Committee and Cabinet Committee on Legislative Cases meetings.
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ISLAMABAD: The Capital Development Authority (CDA) collected Rs. 16.44 billion during the opening two days of its ongoing commercial plot auction at Islamabad’s Jinnah Convention Centre, with a third and final round of bidding still ahead. The first day alone brought in Rs. 13.81 billion, while the second added a further Rs. 2.63 billion to the tally.
Tuesday’s proceedings featured strong demand for agricultural land along Murree Road, where Agro Farm No. 18 sold for Rs. 1.212 billion and Agro Farm No. 17-A brought in Rs. 966 million.
Commercial shop units in the Blue Area Parking Plaza also performed well, with three individual units fetching between roughly Rs. 147 million and Rs. 154 million apiece.
Not every offering found a buyer, however. Two commercial plots in Sector C-13, a site that has remained mired in controversy for nearly two decades, failed to attract meaningful bids despite CDA officials anticipating combined proceeds exceeding Rs. 10 billion.
The sector was originally acquired under the 2007 Land Sharing Policy, but many of the original landowners say they are still waiting to be compensated or resettled.
Affected residents have raised objections to CDA continuing to market land from the sector while their claims remain unresolved. According to landowner accounts, the CDA Board approved a plan in 2023 to compensate eligible families with residential plots in the adjacent Sector C-14, and revenue authorities subsequently completed ownership verification.
Despite this, no allotments have reportedly been issued. The dispute has also drawn intervention from the Islamabad High Court, which ordered CDA to settle outstanding compensation, though claimants say that order has yet to be enforced.
The auction is scheduled to conclude on Thursday, with the authority expressing hope that the final day will generate additional revenue from the sale of remaining commercial properties across the capital.
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KARACHI: A high-level United States business delegation wrapped up a two-day visit to Karachi on Sunday, engaging with Sindh’s provincial leadership to assess investment prospects across multiple sectors under the facilitation of the Special Investment Facilitation Council (SIFC).
On the visit’s second day, delegates held meetings with provincial ministers to review opportunities tied to major development initiatives, including the Bin Qasim Industrial Park and Karachi Industrial Park, alongside other proposed schemes designed to expand industrial and commercial output in the province.
The delegation also received briefings on the Sindh Business One-Stop Shop, Keti Bandar Port, the NED Tech Park, and the proposed Sindh International Financial Centre, with provincial officials detailing each project’s scope and investment potential.
A separate session with the Pakistan Business Council broadened the discussion to capital markets, agriculture, textiles, energy, minerals, and healthcare, among other economic segments.
American delegates conveyed confidence in Pakistan’s strengthening investment climate, citing expanding opportunities across industries. Business representatives further stressed that sustained investor confidence hinges on policy continuity and streamlined regulatory procedures, while crediting SIFC’s coordinating role in advancing ongoing investment efforts.
The visit adds to a string of recent engagements aimed at deepening US-Pakistan commercial ties, with Sindh positioning its industrial parks, port infrastructure, and financial-sector projects as key entry points for foreign capital amid the province’s broader push to court international investors.
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ISLAMABAD: Pakistan’s real estate sector is witnessing a notable resurgence, with market activity accelerating across major urban centres including Karachi, Lahore, and Islamabad. Industry analysts attribute the renewed interest to a combination of domestic tax relief measures and shifting global economic conditions, prompting both local and overseas investors to reconsider property as a preferred asset class.
At the centre of this shift is a reduction in property transaction taxes, which has lowered the overall cost of buying and selling real estate. This adjustment has made the market more accessible to genuine homebuyers as well as investors seeking stable returns.Â
Adding to the momentum, the federal government has proposed abolishing Section 7E, a tax provision long criticised by property stakeholders as an unnecessary financial burden on owners. Should this proposal advance, experts anticipate it could further stimulate transaction volumes in the months ahead.
External factors are also playing a role. Rising uncertainty in the Middle East has reportedly prompted a segment of overseas Pakistanis to reassess their international investment holdings, with many turning attention toward established, well-developed housing projects back home as a comparatively secure option.
The combined effect of these dynamics has been reflected in pricing trends, with residential property values in several key cities climbing by an estimated 10 to 15 percent in recent weeks. Analysts note, however, that this growth is uneven, shaped largely by limited inventory in high-demand locations rather than a uniform market-wide surge.
Looking ahead, real estate professionals are calling for continued reform, particularly simplified taxation procedures and modernised land record systems to sustain investor confidence.Â
At the same time, experts continue to urge caution, advising buyers to independently verify ownership documentation, project approvals, and development status before committing funds, rather than basing decisions solely on recent price appreciation.
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ISLAMABAD: Banks have approved housing finance worth Rs204 billion under the Prime Minister’s Apna Ghar Scheme, with Rs27 billion already disbursed to beneficiaries, a high-level review meeting was informed on Tuesday.
Chairing the meeting, Prime Minister Shehbaz Sharif said the scheme was designed to enable low- and middle-income households to own homes, describing affordable housing as one of the government’s foremost priorities.
The prime minister directed authorities to accelerate work on the scheme and called on public and private sector banks to expand financing support, aiming to widen access to housing loans for eligible families.
He further instructed relevant departments to devise a comprehensive strategy for both vertical and horizontal housing developments under the initiative, emphasising the need for practical and sustainable solutions to meet the demands of a growing population.
Reaffirming the government’s commitment to providing shelter for disadvantaged and middle-income citizens, the prime minister stressed that close coordination among all stakeholders remains essential for the scheme’s timely and successful execution.
The meeting was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, Federal Minister for Housing and Works Riaz Pirzada, Minister of State for Finance and Railways Bilal Kayani, and senior government officials.
The Apna Ghar Scheme aims to finance 150,000 homes by June 2027, as part of the government’s broader affordable housing agenda.
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Shah Alam Market is one of the oldest and busiest commercial centers in Lahore, Pakistan. Known locally as Shahalmi or Shah Almi Market, it sits at the heart of the Walled City and draws traders, retailers, and everyday shoppers from across the country. With more than 25 bazaars packed into a sprawling network of lanes, Shah Alam Market Lahore remains one of the few places where centuries of history and modern-day wholesale trade coexist.
This guide covers everything worth knowing about the market: its origins, the exact location of the Shah Alam market, what you can buy there, when to visit, and how to get there without getting lost in its narrow streets.
The History Behind Shah Alam Market
The market takes its name from the Shah Alami Gate, one of the twelve historic gates of Lahore’s Walled City. The gate itself was named after Mughal emperor Shah Alam I, son of Aurangzeb, though before his rule it was known as the Bherwala Gate.
The gate was destroyed during the riots that accompanied the 1947 partition, and only its name lives on today through the market and neighborhood built around its former site.
Before partition, the Shah Alami area was largely home to Hindu-owned businesses and a predominantly Hindu population. Following the mass migration of 1947, the area was resettled, and the market gradually grew into the trading center it is today.
Over the decades, it expanded into a dense cluster of specialized bazaars, each known for a different category of goods, including the well-known Pappar Mandi, Rang Mahal, Bottle Bazaar, and Sarafa Bazaar.
Shah Alam Market Location: Where Exactly Is It?
Understanding the Shah Alam market location is the first step to planning a visit, since the area is dense and not always easy to navigate by car. The market sits inside Lahore’s Walled City, right next to Mayo Chowk, which is itself located beside the Mayo Hospital gate. From Mayo Chowk, a one-way road leads directly into the market’s entrance.
The broader Shah Alam market Lahore location places it close to other historic landmarks, including Minar-e-Pakistan, Lahore Fort and Badshahi Mosque, all within a short distance. This makes the market a natural stop for anyone already exploring the old city’s heritage sites, not just a destination for wholesale shopping.
Shah Alam Market Lahore Location: Getting There
Because of the narrow streets and heavy footfall, reaching the market works best with a bit of planning:
By road: Coming from Gulberg, Model Town, or DHA, take Ferozepur Road onto the Lahore Ring Road and exit near Azadi Chowk. From there, follow signs toward Circular Road, then turn toward Shahalmi Gate. Parking directly at the market is limited, so many visitors park a short distance away and walk in.
By public transport: The Metro Bus stops at Azadi Station or Timber Market Station are both a short rickshaw ride from the market. Local buses and wagons also stop frequently along Circular Road.
On foot: Given how compact the Walled City is, walking is often the fastest way to move between the market’s different bazaars once you’ve arrived.
What You Can Buy at Shah Alam Market
Shah Alam Market built its reputation on wholesale pricing, and that variety is still its biggest draw. Shoppers and retailers head here for:
Clothing and fabrics: From ready-made shalwar kameez to fabric by the meter, the market’s textile shops cater to both individual buyers and shopkeepers stocking up for resale.
Baby garments: A dedicated section of the market specializes in newborn and toddler clothing, sold in bulk to retailers from across Punjab.
Toys: Several lanes are lined with toy shops selling everything from basic plastic toys to battery-operated cars, popular with both bulk buyers and families.
Perfumes and attars: Local and imported fragrances are sold here at prices well below retail, making the perfume section a favorite for small business owners.
Crockery and kitchenware: Basic utensils, dinner sets, and steel home items are available at wholesale rates.
Electric goods: Wiring accessories, switches, and lighting fixtures are sold here at prices that attract electricians and small contractors.
Food: Street food stalls and traditional eateries operate throughout the market, especially in the early morning hours before the shops fully open.
Shah Alam Market Timings
Most shops in the market follow standard trading hours from late morning through the afternoon, though food stalls open much earlier. Since individual shop hours can vary, it’s worth checking with a specific vendor before heading out, especially if you’re planning to visit a particular shop for baby garments, toys, or perfumes.
Unlike many other markets in Lahore that close on Sundays, Shah Alam Market stays open seven days a week, including Sundays, which tend to be the busiest day given that it’s a public holiday for most other businesses.
Why Shah Alam Market Still Matters
Shah Alam Market isn’t just a shopping destination; it’s a working piece of Lahore’s economic and cultural fabric. Thousands of shopkeepers, wholesalers, and support staff rely on the market for their livelihoods, and its wholesale pricing structure makes it a key source of supply for retailers across Punjab.
At the same time, its location within the Walled City, close to Lahore Fort and Badshahi Mosque, keeps it connected to the city’s historic identity rather than being just another commercial zone.
FAQs – Shah Alam Market
Where is Shah Alam Market located?
The market is located inside Lahore’s Walled City, next to Mayo Chowk, close to Mayo Hospital and within walking distance of Lahore Fort and Badshahi Mosque.
What is Shah Alam Market famous for?
It is known as one of the largest wholesale markets in Pakistan, with more than 25 specialized bazaars covering clothing, toys, perfumes, crockery, electric goods, and jewellery.
Is Shah Alam Market open on Sundays?
Yes. Unlike most markets in Lahore, it remains open on Sundays, which is often its busiest day.
What is the best time to visit Shah Alam Market?
Late afternoon tends to be less crowded than midday, making it easier to browse shops without the heaviest foot traffic.
Is Shah Alam Market only for wholesale buyers?
No. While it’s a major wholesale hub, individual retail shoppers are welcome and often find prices lower than typical retail markets elsewhere in the city.
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ISLAMABAD: Pakistan’s tax administration is set to shift toward an artificial intelligence-led engagement model, with human intervention between the tax authority and taxpayers reduced to a minimum, Finance Minister Muhammad Aurangzeb said while addressing a banking summit in Karachi.
The minister noted that Parliament has approved a new tax administration structure under which taxpayer notices will now be issued through AI-led systems, marking a shift from the traditional, human-dependent compliance process.
On external financing, Aurangzeb expressed optimism over Pakistan’s entry into international bond markets, citing the recent Panda Bond issuance as a notable milestone despite the country’s late arrival in China’s capital markets. The bond, launched in mid-May, raised the equivalent of $250 million in yuan and attracted demand exceeding five times its target.
The government is now preparing additional Eurobonds and sukuk, with upcoming instruments structured as dollar-settled, rupee-linked bonds, a first for Pakistan. Requests for proposals have been sent to international investors to gauge pricing and demand.
Following Pakistan’s re-entry into the international bond market after a four-year gap, strong Eurobond demand has created room to raise issuance size to $750 million, the minister said.
On capital markets, Aurangzeb said activity drivers mattered more than headline index figures, citing a growing investor base, including Gen Z participants, and a return to double-digit corporate profitability.
On fiscal policy, he said this year’s budget was formulated for the first time by the Tax Policy Office, now under the Finance Division, with focus on export-led growth through removal of the advance and super taxes.
Pakistan Banks’ Association Chairman Zafar Masood added that the banking sector paid over Rs1 trillion in annual taxes, with agriculture lending up 39 percent, housing lending up 90 percent, and SME lending growth exceeding 111 percent year-on-year.
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KARACHI: The Sindh government and the International Finance Corporation (IFC) have agreed to explore collaboration across multiple development sectors, including digital infrastructure, renewable energy, agriculture, healthcare, and social protection.
The agreement followed a meeting between Sindh Chief Minister Syed Murad Ali Shah and IFC Division Director for Pakistan Simon Andrews, held at the CM House.
During the meeting, CM Murad outlined Sindh’s plans to attract investment in strategic sectors. These include establishing an international data centre within the province and expanding private-sector renewable energy generation.
Discussions also covered strengthening agriculture value chains, improving storage and processing facilities, and enhancing farmer livelihoods through mechanisation.
The IFC expressed interest in supporting healthcare, nutrition, and skills development initiatives, including Sindh’s ongoing programme to reduce child stunting.
Nursing sector reforms also featured prominently in the discussion. The Sindh government aims to produce at least 15,000 nurses annually. Both sides agreed to collaborate on developing a comprehensive nursing education and training model to meet this target.
A separate segment of the meeting focused on climate-resilient infrastructure. The IFC’s Sustainable Infrastructure Advisory Team offered technical assistance for climate risk assessment in public-private partnership (PPP) projects.Â
In response, Sindh’s PPP Unit requested support in three areas: capacity building, development of climate resilience guidelines, and integration of climate risk tools into project planning processes.
Provincial Minister Jam Khan Shoro, Chief Secretary Asif Hyder Shah, and Finance Secretary Fayaz Jatoi were among the officials present at the meeting.
Both parties are expected to continue discussions to formalise areas of cooperation in the coming months.
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ISLAMABAD: The government has introduced fresh tax relief for the real estate sector to restore investor confidence and boost stalled investment, according to Federal Parliamentary Secretary for Planning and Development Hafiz Mian Muhammad Nauman.
Speaking at a seminar organised by the Lahore Chamber of Commerce and Industry (LCCI), Nauman said the construction and real estate sectors support around 70 allied industries and play a major role in job creation. He stressed the need to shift from unchecked horizontal expansion of cities to vertical urban development.
LCCI President Faheemur Rehman Saigol welcomed the relief measures, which include a cut in withholding tax on property purchases from 2.5% to 1.25%, and on sales from 5.5% to 2.75%, along with the abolition of Section 7E. He said these steps would help rebuild investor trust, though he urged the government to extend reduced FBR property valuation rates to other housing societies for equal treatment across the sector.
Nauman said he had raised real estate reform with Prime Minister Shehbaz Sharif nearly a year ago, pushing for a comprehensive construction package. He noted that unchecked urban sprawl has shrunk green spaces around major cities, with Lahore now spreading into Sheikhupura and Kasur. Nearly 150,000 to 200,000 residential plots remain vacant within Lahore alone, he said, making a strong case for vertical development.
He called the removal of Section 7E a major relief for property owners, noting that taxing non-income-generating assets had discouraged investment.
On affordable housing, Nauman said high financing costs keep home ownership out of reach for most citizens. He urged banks to offer long-term mortgage financing spanning 15 to 20 years, similar to models used in developed countries.
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Property tax season often brings a familiar headache: long queues, confusing paperwork, and the constant worry of missing a deadline. The good news is that this no longer has to be the case. Across Pakistan, provincial governments have introduced digital systems that let you pay property tax from your phone or laptop in just a few minutes. If you have ever asked yourself how to pay property tax online in Pakistan, or wondered if you can pay property taxes online from wherever you are, this guide breaks it down step by step in plain language, so even first-time payers can follow along with confidence.
What Is Property Tax and Why Does It Matter
Property tax is a yearly charge collected by provincial governments on urban properties such as homes, apartments, plots, and commercial buildings. The amount depends on the property’s size, location, and use.
This revenue funds essential city services like road maintenance, waste collection, and public infrastructure, the same services that keep your neighbourhood functional and your property value protected.
For homeowners and investors in cities like Islamabad and Rawalpindi, staying current on property tax is not just a legal obligation. It also keeps your ownership records clean, which matters greatly if you plan to sell, transfer, or mortgage your property later.
Who Collects Property Tax Online in Pakistan
Property tax in Pakistan is not collected by a single federal body; instead, each province manages its own property tax system through a dedicated department:
Since systems and websites differ by province, it helps to know exactly which portal applies to your property.
Can We Pay Property Tax Online in Pakistan
Yes one can easily pay property tax online in Pakistan. Punjab, Sindh, and Khyber Pakhtunkhwa all offer fully online property tax payment through their respective excise portals and mobile apps. Balochistan is still catching up, with some districts offering partial digital options alongside traditional bank payments.
For the vast majority of property owners in Pakistan’s major cities, the entire process, from checking dues to paying and saving a receipt, can now be completed without visiting a single office.
How to Pay Property Tax Online in Pakistan: Step by Step by Province
Here is exactly how the process of paying property tax online in Pakistan works depending on where your property is located.
Select the Urban Immovable Property Tax (UIPT) section.
Fill in your property details.
Generate your challan.
Pay through JazzCash, a banking app, or an ATM.
Balochistan: A Mixed Process for Now
Check your local Excise Office website or call their helpline for guidance.
Make your payment through the designated bank channel.
Submit proof of payment online where available, or in person if not.
How to Generate Your Tax Challan | Property Tax Online in Pakistan
Regardless of province, the general flow for generating a challan looks like this:
Open your province’s official tax website or app.
Enter your Property ID, CNIC, or full property address.
Review the challan that is generated, including the amount due and the payment deadline.
Choose a payment method such as a mobile wallet, online banking, ATM transfer, or an over-the-counter payment at a bank branch.
Complete the payment and keep a copy of your receipt, either printed or saved digitally.
How to Check If Your Payment Went Through
After paying, it is always worth confirming that your payment was recorded correctly:
Visit your province’s Excise Department portal.
Look for the “Verify Challan Status” option.
Enter your Challan ID, CNIC, or transaction reference number.
The portal will show your current payment status right away.
Common Problems and Simple Fixes
Payment not showing up yet? This is normal in the first day or two. Give it 24 to 48 hours, and if it still has not updated, contact the Excise helpline with your transaction proof on hand.
Challan amount looks wrong? Visit your local Excise office or send them your documentation by email, then submit a formal request for correction. Keep copies of everything you send.
Deadlines and Penalties to Keep in Mind
Most property tax payments in Pakistan are due by September 30 each year. Missing this date typically adds a 1 percent surcharge per month, which adds up quickly the longer it goes unpaid.
It is worth checking your province’s official announcements regularly, since amnesty schemes and early payment discounts are sometimes introduced.
A Few Practical Tips Before You Pay Property Tax Online in Pakistan
Set a calendar reminder a few weeks before the September deadline.
Double-check that your property details on record are accurate before generating a challan.
Stick to official banking apps and verified mobile wallets when paying.
Save both a digital and a printed copy of every receipt.
If something looks off with your bill, raise it with your local Excise office sooner rather than later.
FAQs – How to Pay Property Tax Online in Pakistan
Can you pay property tax online in Pakistan from anywhere in the country?
It is available across Punjab, Sindh, and Khyber Pakhtunkhwa. Balochistan is gradually expanding its digital options.
Can you pay property taxes online from outside Pakistan?
Yes. As long as you have access to a Pakistani bank app or a supported mobile wallet, you can complete the payment from anywhere in the world.
How do I update my property details before paying my property tax online in Pakistan?
Visit your local Excise office with your CNIC, ownership documents, and the latest mutation record. Updated records help ensure your challan reflects the correct amount.
Final Thoughts – Property Tax Online in Pakistan
Paying property tax no longer needs to feel like a complicated chore. With Punjab, Sindh, and KP all offering straightforward online systems, you can generate a challan, pay it, and verify the transaction within minutes. Whether you are managing tax obligations on an existing property or exploring new investment opportunities in the city, our team is here to guide you through every step.Â
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