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LAHORE: Illegal flight of capital is a norm in Pakistan that reached its peak during the political chaos of 2008, while during the 2002-06 period, according to the US-based Global Financial Integrity report, it ranged from $2.03 to $3.06 billion per year. The report states that China, with average illegal outflows of $289 billion during [...]
KARACHI: Acting President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Usman Zakaria, has proposed to the government to tax the real estate sector and stock exchanges, but to provide relief to small farmers by excluding them from the tax net. At a press conference held to announce budget proposals on Wednesday, Zakaria [...]
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) launched two new business development publications for the benefit of small and medium size businessmen which will be available free of cost for SMEs at SMEDA offices. SMEDA Chief Executive Officer, Shahid Rashid highlighted major features of the publications on Wednesday at a press briefing arranged [...]
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani on Wednesday directed Capital Development Authority (CDA) Chairman Tariq Mehmood Khan to ensure timely completion of all projects without compromising the quality of work to avoid escalation in cost. The prime minister also directed the CDA chairman to ensure protection of environment during the construction of bridges and [...]
ISLAMABAD: Capital Development Authority (CDA) has sought Rs 6.67 billion from the government for completing work on 28 Public Sector Development Programme (PSDP) projects during the next fiscal year. Of them, 17 are new and 11 ongoing developments schemes valuing Rs 5.4 billion and Rs 1.26 billion respectively. The CDA has submitted a summary in [...]
ISLAMABAD : The Ministry of Defence has held the Balochistan government responsible for 122 percent increase in the price of the land for New Gwadar International Airport (NGIA). The provincial government has also been accused of not only ignoring the directives of the Deputy Chairman Planning Commission, but also changing the basic data of calculating [...]
All reputed private schools in twin cities have started charging an extra amount of Rs200 to Rs300 per student under the head of security charges. When contacted by ‘The News,’ Khadeeja Omair, director of the Roots School System, said “Keeping in view the security situation in the country, we have strengthened security by installing CCTV [...]
Smoke covers the Lyari Expressway Project starting point as the Mirza Adam Khan Road is engulfed in fumes from burning garbage littered along the road. Part of the major road which helps connect Keamari, Saddar, Site, Garden and Lyari towns is being used as a garbage dump while one of its lanes has been encroached [...]
LAHORE: A full bench of the Supreme Court (SC), adjudicating upon different petitions against illegal buildings, granted two weeks to the Punjab chief secretary (CS) to chalk out an action plan to regulate construction of high-rise buildings in Punjab. The bench comprising Justice Khalilur Rehman Ramday, Justice Faqir Muhammad Khokhar and Justice Syed Sakhi Hussain [...]
The inquiry into the allotment of several kanals of land to a contractor by a former director of Saidpur Model Village has been ordered. Sources in the CDA told this agency here on Tuesday that CDA (Construction and Procurement) Director General Mohammad Zaman has been appointed as inquiry officer and he has sought all the [...]
Where the historical cultural centre of Pakistan, the great city of Lahore, is greatly treasured for its historical assets; urbanization has already converted its image to a modern metropolitan. Hi-rise developments and an ever increasing population density has gradually crept over the natural greens that are a signature of the graœland of the five rivers.
Bahria Town Lahore developments bring back the spirit of the land of the greens with a modern touch. The master design revives the communal setting alongside the famous Lahore Canal. Life is caressed at Bahria Town Lahore development with the provision of the most conventional to most modern means to enable a complete lifestyle.
LCCHS (Lahore Cantt Cooperative Housing Society) was established on 19 March 1975 with the Registrar Coop Punjab. The business of the Society was carried out through a Management Committee (MC) consisting of 11-15 members. During 1989, in the general meeting of the members a byelaw, authorizing serving army officers to cast vote through postal ballot for electing MC members and making policy decisions was passed. This did not suit to some members due to their vested interests. Therefore they challenged the decision in the High Court. In 1991 High Court suspected the MC and instructed all the power of MC to Commander Lahore Corps. In order to improve the efficiency of LCCHS, the Society was converted into Defence Housing Authority on 2 Jul 1999. first through a Provincial Ordinance and finally through Federal DHA Order of 19 September 2002.
Lake City is a resort / residential development, planned 13 km on the outskirts of Lahore. The affluent factor in nominating the site, in view of the mounting pollution levels in the city, were its environmentally serene surrounding in close proximity to Lahore. The development derives its name from the artificial lakes that will form the focal point of the habitat.
The proposed project is planned around an 18-hole 214 acres, regulation Golf Course, the largest in Pakistan, with luxury bungalows surrounding the course greens. This self-contained community offers its residents all the amenities in addition to a secure and elite lifestyle.