National News

ICCI calls to address real estate sector issues

ISLAMABAD, (MILLAT/APP):President,Islamabad Chamber of
Commerce and Industry (ICCI) Khalid Iqbal Malik on Thursday urged
for resolving the issues facing by real estate sector after imposition
of what he called “new tax duties”.
He was of the view that real estate sector was playing an
important role in the economic development of the country.
He called upon the government to look into the issues of
realtors to facilitate the growth of this important sector,said in
statement issues by ICCI here.
He was addressing a delegation of Islamabad Estate Agents
Association (IEAA) that visited ICCI led by its President Rana
Muhammad Arshad.
Group Chairman Abid Khan, Senior Vice President Fakharuz
Zaman, Vice President UzairBaloch, General Secretary Zulqarnain
Abbasi and executive committee members of IEAA were also in the
delegation.
Khalid Iqbal Malik said that business of thousands of people
was associated with real estate sector but steps like imposition of
new taxes and new method of property valuation have put this sector
into slump.
Speaking at the occasion,President,Islamabad Estate Agents
Association,Rana Muhammad Arshad highlighted various issues being
faced by real estate sector business community.