Real Estate Regulatory Authority (RERA) Another Regulatory Burden?
Irum Bhatti
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Irum Bhatti: Ph. D Scholar, Department of Management Sciences, COMSATS University Islamabad
No 2022:97, PIDE Webinar Brief from Pakistan Institute of Development Economics
Abstract:
Pakistan’s real estate has had a significant impact on the country’s economy, with a market value ranging from $300 billion to $400 billion. Construction output accounts for 2% of GDP in Pakistan, according to the Pakistan Bureau of Statistics, boosts economic growth in terms of output. Despite, it’s importance in terms of the economy and labor benefits, many irregularities exist when purchasing a plot of land or a residential property in Pakistan.
Pages: 3 pages
Date: 2022
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