Learn, Share & Grow
The master planning exercise of the recently launched Defence Housing Authority’s (DHA) residential-cum-commercial project on Super Highway, DHA City Karachi (DCK), is proceeding ahead on a fast track basis as per the stipulated schedule.
Contrary to the policy of the Punjab government of attracting foreign investment, the Lahore Development Authority (LDA) has targeted business activities of expatriate Pakistanis in the provincial capital, forcing them to pack up. The just example of the LDA’s ‘show of power’ was witnessed on Friday when a team of LDA headed by a junior[…]
KARACHI: The year is 2000 and you have just received a crisp one thousand rupee note from a distant uncle on Eid. Being the prodigious aspiring investment banker that you are, you invest the amount and look forward ten years into the future. A decade later, a real estate investment would be worth Rs2,195, a[…]
ISLAMABAD: Residential scheme Jinnah Garden sponsored by chairperson Federal Board of Intermediate and Secondary Education has been declared illegal by the Capital Development Authority (CDA) while the high court has also issued stay order against this scheme.
ISLAMABAD, Aug 9: The Capital Development Authority (CDA) is set to approve the revised building codes on Tuesday, getting powers to modify private commercial and residential structures to forestall any tragedy in case of fire, earthquake and any other disaster.
Karachi: Defence Officers Housing Authority’s (DHA) City’s master and town planning would complete by 2011 while around 30,000 residential and commercial plots have been allotted to the people in Phase-I.
KARACHI: Despite the many real-estate booms and busts that the Pakistani property market has gone through over the last two decades, most individual investors remain convinced that land remains a good, long-term investment. Yet, while this assertion may well be true (there is no empirical evidence either way), investing in land may not always be[…]
Once up and running, the driverless, automatic train system will have a total length of 76km Dubai: The signalling and safety systems for the long- awaited Green Line of Dubai Metro are now being tested as part of a trial run.
LAHORE: Investors are losing interest in the property trade in the Defence Housing Authority (DHA) due to the recent revision of the schedule of presumptive value also known as DC rates by 15 per cent up to 50 per cent and the introduction of 2 per cent Capital Valuation Tax (CVT) on small plots from[…]
Lahore: CHIEF Minister Mian Shahbaz Sharif has said that lawyers are in the forefront for the dispensation of justice to people and it is the duty of the government to fulfil their needs. He agreed with the proposals of the Lahore High Court Bar President for establishing a housing scheme for it members besides financial[…]
ISLAMABAD: A naturalised Norwegian of Pakistani origin was duped out of a Rs30 million house because of a fraud committed by his close relatives. Raja Mehboob, who has been living in Norway for over 30 years, owned a 10-marla two-storey house in Sector F-10/3 of Islamabad. The upper portion was rented to a foreign national,[…]
Karachi: The Sindh government has decided to forcefully counter the increased land grabbing in Karachi in the courts, besides taking administrative steps to curb the menace. A high-level meeting was held in this regard on Wednesday, with Sindh Law Minister Ayaz Soomro in chair, attended by officials of the board of revenue, and land utilization[…]
Islamabad: The Capital Development Authority’s (CDA) Internal Audit Department has sought a detailed report from its Engineering Wing on award of Rs 25 million supplementary grant to Machinery Pool Organization (MPO) for carpeting of Faisal Avenue Underpass road.
Administrator Jamshed Town, Syed Aqeel Tazeem Naqvi has imposed a ban on digging of roads in town and said that legal action would be taken against those who were found guilty in this regard. He expressed this while addressing a meeting with DDO Revenue Jamshed Town Waseem-ud-Din, other officers on Wednesday.
Over 100 multi-storeyed buildings have been constructed in different towns of Karachi since August 31, 2008 in violation of the rules and regulations concerned, Sindh Local Government (LG) Minister Agha Siraj Durrani noted in his written reply to a question raised by Pakistan Muslim League-Functional’s (PML-F) Syeda Marvi Rashidi
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has slashed the fund size for a Real Estate Investment Trust (REIT) by 60 per cent to Rs2 billion compared to Rs5 billion earlier.
Islamabad: Capital Development Authority (CDA) board on Thursday formally approved the layout plan for the construction of Saudi Arabia Embassy, the source told Daily Times.
Lahore: While the “sword” of the Ravi National Park still hangs over the heads of poor citizens, the Punjab government has introduced another alleged land grabbing scheme in the name of the Khadar Area project.
The Defence Housing Authority (DHA) has said that construction of roads and allied work underneath the newly-constructed Gizri Flyover had begun and was likely to be completed by July 15, 2010.
The kitchen of Holy Family Hospital (HFH) Rawalpindi starts operating after 25 years, as the Bahria Town management inaugurated a ‘Bahria Dastarkhwan’ in the hospital here on Thursday.
ISLAMABAD: Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi on Tuesday directed the teams concerned to make 20 more projects of rainwater harvesting functional before the on-set of the monsoon.
Karachi: Provincial Assembly (PA) of Sindh unanimously passed a law on Monday to allow construction of high-rise buildings in certain areas of the city and various urban centres in the province.
Islamabad: Capital Development Authority (CDA) got a resounding response to auction of different categories’ plots on the second consecutive day of the bidding process at Aabpara Community Centre.
Lahore: Punjab government has finally scrapped mega National Ravi Park project and is considering strict action against the persons involved in harassing the residents and the owners of land of the area through wall calking, sources told The Nation on Tuesday.
Islamabad: Capital Development Authority (CDA) has disconnected 132 illegal water connections, seized 45 water motors and started water rationing for hotels and commercial buildings as part of its drive against wastage of water.
