Real estate incentives in budget can accelerate economic growth: Realtors Association

PESHAWAR, (APP - UrduPoint / Pakistan Point News - 2nd Jun, 2026) Chairman of the Realtors Association Mardan, Umair Khan Atozai, has welcomed indications of relief measures for the real estate sector in the upcoming Federal budget, saying government support for the industry could stimulate investment, create jobs, and strengthen the national economy.

In a statement issued on Tuesday, Atozai said the real estate sector serves as a key driver of economic activity and supports numerous allied industries, including construction, cement, steel, bricks, marble, timber, transport, electrical equipment, paints, and sanitary products.

He noted that the sector has faced challenges in recent years, resulting in reduced investment activity. However, he expressed confidence that business-friendly measures, tax incentives, and investor facilitation in the federal budget would help restore confidence among local and overseas investors.

<?php /*?> <?php */?>

Atozai said a revival of the property and construction sectors would not only generate employment opportunities but also contribute to increased government revenues and help address the country's growing housing requirements.

He urged the federal government to introduce investor-friendly policies, simplify taxation procedures, and provide special incentives to encourage sustainable growth in the sector.

The Realtors Association chairman expressed hope that the forthcoming budget would contain measures aimed at boosting investment, supporting economic recovery, and promoting long-term economic stability in the country.