Sunday, September 26, 2010

The Guest House Option In Pakistan:Guest House Karachi:Guest House Islamabad

Guest Houses have always been popular places to stay for people traveling in northern Pakistan. However, security concerns have now made guest houses desirable option for foreign and domestic businessmen and tourists, traveling throughout Pakistan, especially to cities such as Abbott abad, Faisalabad, Islamabad, Karachi, Lahore and Multan among others. Guest Houses, as the same name suggests, are large homes that have been converted into small, low profile hotels; they are usually located in residential areas, are inconspicuous and generally more secure then high profit hotels.
Safe, comfortable and equipped with modern amenities, most guest houses include 24-hour room service, laundry and ironing services, cable TV Wi-Fi connectivity and business center facilities such as computers, internet, fax, photocopy and scanning.
Room mates are applied in US dollars and vary from city to city; payments can be made through cash, cheque or credit card in local currency. Reservations in Guest houses can also be made online in which case advanced payment is required.
Here is a closer look at per night stay including breakfast:
Guest House Abbottabad: Single- 30$; double- 41$.
Guest House Faisalabad: Single- 35$; double- 40$.
Guest House Islamabad: single- 45$; double- 50$.
Guest House Karachi: single- 54$; double- 58$.
Guest House Lahore: single- 29$; double 33$.
Guest House Multan: single- 40$; double- 45$.
Groups that require multiple rooms at one time are able to negotiate discounted daily room rates.
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Sunday, September 19, 2010

Rent A Wedding Home Or Wedding Venues In The Major Cities Of Pakistan

The wedding season is here and with it come streams of family, friends and out guests from out of town. If you need to accommodate your friends and don't have room at home, there are houses available for short term leases (per day,weekly,monthly or for three months). In some cases you can event rent just the lawn- for a day or two. These houses are usually fully furnished and come equipped with utilities, household and electronic appliances, crockery and linen.
Although rents at the discretion of landlord below are a general guideline of the current rental rates and areas:

In Karachi: Wedding Homes and Wedding Venues can be rented in Clifton and Defense at the following rates:
Per Event: Lawn only-80,000-150,000Rs; Per Day: Entire Wedding Home- 150,000-200,000Rs.

Per Month: 1,000 sq yards-250,000-400,000Rs; 2,000 sq yards:300,000-600,000Rs.

In Lahore: one to eight Kanals(500 to 4,000 sq yards) wedding homes can be rented in Defense, cantonment and Gulberg at the following rates:

Per Event: Lawn only- 100,000-150,000Rs.
Per Day: Entire Wedding Homes 150,000-200,000Rs.
Per Month: 1,000 sq yards 150,000-300,000Rs; 2,000 sq yards:200,000-500,000Rs.

In Islamabad: 1,000 to 2,000 sq yard wedding homes can be rented in sectors E-11, F-6, F-7, F-10 and F-11 at the following rates:

Per Event: Lawn Only 100,000-200,000Rs.
Per Day: Entire Wedding Home 150,000-300,000Rs.
Per Month: 1,000 sq yards 200,000-300,000Rs; 2,000 sq yards: 250,000-600,000Rs.
Payment of utility bills is the tenant's responsibility and there is a separate charge for generators. Most well-known estate agents usually have a list of Wedding Homes and Wedding Venues that are available on short term leases.
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Friday, September 17, 2010

Residentail Rising In Real Estate Pakistan

Aerial view over northern Bath from a hot air ...Image via WikipediaWhen the budget was announced this year, there was a good news and bad news for prospective property buyer in Sindh.
The good news was that Capital Value Tax(CVT) was reduced from 4% to 2%(However, from now on, CVT will be collected by provincial government, instead of the federal government when a property is purchased).
The bad news was that the provincial government increased the property rates in Sindh's valuation table, which translated into a substantial increase in property prices.
They valuation table divides area into different categories and assign rates based on size and location; rates apply to both plots and residential/commercial/industrial property.
Here is a look at two of the top residential categories:

Category A-1 includes some of the Karachi's most upmarket areas such as Bath Island, Clifton, DHA phases 1,11,V and phase V extension, as well Muhammad Ali Housing society and Sindhi Muslim Cooperative Housing Society.
In these areas rates for both empty and built up residential plots increased by 307.4%.

- Rates for empty plots increased by 11,205Rs per square yard(from 3.645 to 14,850Rs).

- Rates for built up plots increased by 17,430Rs per square yard(from 5,760 to 23100Rs).

Category I includes Abdullah Haroon Road, Burns Road, DHA phases IV, VI and VII, GUlshan-e-Iqbal Block 17, I.I Chudrigar Road, M.A Jinnah Road, North Nazimabad, and Queens Road.
In these areas rates for both empty and built up residential plots increased by 239.5%.
- Rates for empty plots increased by 6790Rs per square yard.

- Rates for built up plots increased by 8.370Rs per square yard.
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