š§± What Qualifies as Commercial Property in Pakistan?
Markaz
Last Update hace 3 dĆas
In Pakistan, commercial property refers to real estate used exclusively for business purposes and income-generating activities. These properties are distinct from residential real estate, which is intended for living purposes.Ā
Commercial properties include:
Retail outlets (shops, showrooms)
Office spaces
Warehouses and industrial buildings
Commercial plots zoned for business development
Shopping malls and plazas
Hotels and guesthouses
A key criterion is zoningāthe local municipal authority must classify the property as commercial. For example, in Lahore, Karachi, and Islamabad, designated commercial zones fall under specific codes like C-1, C-2, or C-3. Using a residential property for commercial use without conversion can lead to penalties or eviction.