Pakistan to establish Real Estate Regulatory Authority to boost transparency

Pakistan: The government is planning to establish a new Real Estate Regulatory Authority to bring transparency, structure and accountability to the property market. Officials said the authority will supervise property transactions, ensure proper documentation and protect buyers from fraudulent practices. The move is expected to regulate developers and real estate agents, making the sector more organized and reliable. Authorities believe that improved governance and oversight will boost investor confidence and reduce illegal activities in the market. Experts say the initiative could modernize Pakistan’s real estate sector, attract both domestic and international investment and support long-term housing development and economic growth across the country.