About two decades ago, I wrote an article entitled “where are the tower cranes?”Since then, the question has been asked many times. Yet there are very few tower cranes to be seen in Pakistani cities even today.In most parts of the world, development is virtually symbolized by the presence of tower cranes. Rapidly growing cities …
Dear Youth of Pakistan,On behalf of my generation, I offer you a heartfelt apology over our failure to leave you with hope and an inheritance that you can build on.Our fathers gave us an unfinished project called Pakistan. They had, however, given in very quickly to the pleasures of colonial apartheid, where they could live …
An Apology To The Youth Of Pakistan From The Older Generation! (Article) Read More »
The government has done everything possible to ensure that the real estate market does not develop. And it continues to do so.Why do we have a broken pricing system? Decades ago, unable to track prices District Collector (DC) announced a price that obviously was difficult to adjust as rapidly as a market move. When the …
Build A Real Estate Market: Kill FBR And DC Rates Read More »
Every day, newspapers show pictures of meetings. Pictures orchestrated in the ministry of information, taken in the first few minutes of the meeting, contrived to show leaders hard at work. When you call a minister, the usual response, in a somber, grave and responsible tone, is, “can’t talk right now; there is a meeting in …
QUESTION 1: How do you define the real estate industry? Is there a difference between the construction sector and the real estate industry?Real estate is by definition land that has been developed, land that has created value attached to it. Land is available all over the world but it does not automatically become ‘real estate’. …
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