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Author : Atif Iqbal

G-9 facing acute water shortage

The largest residential area of Islamabad in G-9/2 is facing extreme shortage of water, residents say. The residents protested against the Capital Development Authority for failure to supply sufficient water in the area.

CDA to acquire land for new sectors in six months

After approaching the Islamabad Capital Territory (ICT) administration for receiving complete record about the land of sectors E-13, F-13 and D-13 a few days ago, the Capital Development Authority (CDA) now believes the process is likely to take six months for its completion and from then on, it will start acquiring land from their owners[…]

Real Estate Investment Trust Regulation 2008 issued

ISLAMABAD: Securities and Exchanges Commission of Pakistan (SECP) has notified the Real Estate Investment Trust (REIT) Regulations 2008. REIT will provide an opportunity to the general public to pool funds for investment in the real estate sector. It is introduced in a trust structure where the property itself will be vested in the name of[…]

LDA land should be owned by LDA

District Nazim Mian Amer Mehmood has ordered that the ownership of land acquired from private parties for the construction of the Lahore Development Authority”s (LDA) residential schemes should be transferred to the LDA.

DHA Lahore: four new sectors uplift starts

Secretary Technical & Chief Engineer DHA Lahore Col Saqib inaugurated the development work in four new sectors of DHA on Wednesday. Speaking on the occasion, he said that the phase VII comprised 11 sectors and the development work in five sectors had started.

Lahore to join Karachi as world’s mega cities by 2025

Lahore is expected to join Karachi among the world’s ‘mega cities’ by 2025, according to a UN report which predicts that half of the world’s 6.7 billion people are expected to live in urban areas by the end of this year. The report, entitled “2007 Revision of World Urbanisation Prospects”, provides the official UN estimates[…]

Supreme Court allows construction of three-storey plazas in Lahore

A Supreme Court Bench Monday allowed construction of plazas and commercial buildings in city up to three storey provided they are duly backed for approval of construction plan by the competent authority, certification of structural stability and environment protection and others relevant specified in this court order dated May 24 and May 31 last.

Grave concerns in DHA

The Defence Housing Authority (DHA) has not yet responded to a letter written to it by the Defence Residents’ Association (DRA) a few months ago regarding the housing authority’s strict graveyard rules, a DRA member told Daily Times on Sunday.

CDA plans tunnel from parliament to lodges

The Capital Development Authority (CDA) is preparing a proposal for construction of a tunnel between Parliament House and Parliamentary Lodges, CDA Chairman Kamran Lashari said on Monday. Lashari said that National Assembly Speaker Chaudhry Amir Hussain had directed the authority to prepare a feasibility report on the project. “The authority is working on the proposal[…]

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Atif Iqbal from eProperty®