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Russia: Housing Developers Face Slowdown After Changes in Mortgage Rules
▫️Tighter subsidized mortgage rules and high borrowing costs are putting pressure on demand for residential housing across Russia
Tax Relief and Investment Incentives Announced for Overseas Pakistanis
▫️Withholding tax on property purchase reduced from 2.5 percent to 1.25 percent, while tax on property sale has been cut from 5.5 percent to 2.75 percent
Government Commits Timeline for Hyderabad/Sukkur Motorway Completion
▫️Planning Minister Ahsan Iqbal says work on the new M 9<br>Karachi/Hyderabad motorway alignment has begun as the government pushes ahead with major connectivity projects
Dubai: Expansion of Al Maktoum International Airport Progressing on Schedule, First Phase Targeted for 2032
▫️More than AED 55 billion in additional contracts are expected in the next phase, with the project set to deliver long term benefits for global investment, employment, construction, real estate and logistics sectors
Punjab Budget to Prioritize Construction, Infrastructure and Development Projects Under Rs 1,220 Billion Mega Economic Plan
▫️Rs 300 billion plan proposed for Punjab Infrastructure and Guarantee Fund to support major development projects; new industrial clusters, agro processing zones, power sector reforms and IT infrastructure projects in South Punjab to form a key part of the provincial budget