In Pakistan, the estimated size of real estate sector would be $300 to $400 billion: Nadeem Rauf
RAWALPINDI ( Web News )
In Pakistan, the estimated size of the real estate sector would be $300 to $400 billion and there are more than 40 allied industries linked with Housing, Construction and Real Estate.
The Prime Minister Construction package helped this sector to boom and we urged Government to introduce more investor friendly schemes and incentives.
These remarks were made by Nadeem Rauf, President Rawalpindi Chamber of Commerce and Industry (RCCI) while talking to a delegation from Housing, Builders, Dealers and Real Estate led by Sardar Tanveer Sarwar.
The delegation visited congratulated the newly elected office bearers of the Chamber. On the occasion, President Nadeem Rauf, Group Leader Sohail Altaf A large number of businessmen including Senior Vice President Asim Malik, Vice President Talat Awan, executive members and representatives of various organizations belonging to the real estate sector were also present on the occasion.
The delegation shared the problems of builders, housing and dealers. Group leader Sohail Altaf said that with the housing and construction industry are of huge importance as it played a vital role in reviving country’s economy.
RCCI chief assured the delegation that no effort would be spared in resolving the issues of housing, builders and real estate people and all issues would be taken up with the Rawalpindi Chamber platform. Taxes should be reduced so that this sector can grow he added. We hope that the government will take our suggestions and resolve this issue.