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Home Breaking News

No extension in the date of FBR’s Amnesty Scheme for construction industry

byCT Report
29/03/2023
in Breaking News, Lahore, Latest News, Slider News
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LAHORE: The Federal Board of Revenue (FBR) is set to end its amnesty scheme for the construction industry on March 31, 2023. The scheme allowed investors to invest in premium FBR-registered real estate projects without disclosing their investment sources.

The scheme has generated record-breaking revenue for the national economy, attracting transactions worth billions in the construction industry. However, there has been no announcement of any extension.

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If you are interested in taking advantage of this opportunity, several projects are available in Lahore under the FBR’s amnesty scheme for investment.

These high-end projects are developed according to the latest construction practices aimed at redefining apartment living and retail shopping experiences.

The following is a list of the available projects:

Amanah Noor Serviced Apartments – IEP Engineers Town, Wapda Town

Defence View Apartments – Shanghai Road

Expo Gold – Ali Ibn-e-Talib Road, Johar Town

Grand Square Mall – Main Boulevard Gulberg

Gulberg City Center – Main Boulevard Gulberg 6

FBR Exempts Builders and Developers from Renewing their Annual Registrations

Jinnah Square Residential Apartments – Architects Engineers Society

Madison Square Mall – Mehmood Kasuri Road, Gulberg 3

One VH – MM Alam Road, Gulberg

Residence 15 – Gulberg 3

Residency One – Phase I, State Life Housing Society

Sitara Serene Tower – Gulberg 3

Zameen Aurum – Gulberg 3

Zameen Neo – Gulberg 3

Zameen Opal – Land Breeze Housing Society

Zameen Quadrangle – Zafar Ali Road, Gulberg

This is the last chance for investors to secure a valuable property asset without having to disclose their investment sources.

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