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Azad Jammu and Kashmir (Urdu: آزاد جموں و کشمیر‎, romanized: āzād jammū̃ va kaśmīr, transl. 'Free Jammu and Kashmir'), abbreviated as AJK and commonly known as Azad Kashmir, is a region administered by Pakistan as a nominally self-governing jurisdiction, and constituting the western portion of the larger Kashmir region which has been the subject of a dispute between India and Pakistan since 1947, and between India and China since 1962. The territory shares a border with Gilgit-Baltistan, together with which it is referred to by the United Nations and other international organisations as "Pakistan administered Kashmir". Azad Kashmir is one-sixth of the size of Gilgit-Baltistan. The territory also borders Pakistan's Punjab province to the south and Khyber Pakhtunkhwa province to the west. To the east, Azad Kashmir is separated from the Indian administered Kashmir by the Line of Control, the de facto border between India and Pakistan. Azad Kashmir has a total area of 13,297 square kilometres (5,134 sq mi), and a total population of 4,045,366 as per the 2017 Census. The territory has a parliamentary form of government modelled after the Westminster system, with its capital located at Muzaffarabad. The President is the constitutional head of state, while the Prime Minister, supported by a Council of Ministers, is the chief executive. The unicameral Azad Kashmir Legislative Assembly elects both the Prime Minister and President. The state has its own Supreme Court and a High Court, while the Government of Pakistan's Ministry of Kashmir Affairs and Gilgit-Baltistan serves as a link with Azad Kashmir's government, although Azad Kashmir is not represented in the Parliament of Pakistan. An earthquake in 2005 killed 100,000 people and left another three million people displaced, with widespread devastation. Since then, with help from the Government of Pakistan and foreign donors, reconstruction of infrastructure is underway. Azad Kashmir's economy largely depends on agriculture, services, tourism, and remittances sent by members of the British Mirpuri community. Nearly 87% of the households own farms in Azad Kashmir, while the region has a literacy rate of approximately 72% and has the highest school enrollment in Pakistan.

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Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing."[1] It is a legal term used in jurisdictions whose legal system is derived from English common law, such as India, the United Kingdom, United States, Canada, Pakistan, Australia, and New Zealand.

Source: https://en.wikipedia.org/