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Author : Atif Iqbal

New property visa seen as positive step for Dubai market

On June 28, the UAE government approved plans to extend the residential visa from six months to three years in a bid to boost the ailing real estate sector. While the new visa is seen as a positive step forward, analysts say other factors weighing down the market are likely to continue to impede demand[…]

Tenants angry over Dubai housing fee overcharge

DUBAI: Residents of the emirate are highlighting what they claim are widespread inconsistencies in Dubai Municipality’s housing fee. Many say the municipality is overcharging them on the monthly fee, taking too long to process requests for corrected rates, and refusing to refund the excess charges they have paid. Others admit they are paying nothing at[…]

No hope for opening stalled sectors

Hopes of opening stalled residential sectors in Islamabad have been dashed as nothing has been ensured for their development in the Rs23.99 billion budget of the Capital Development Authority (CDA) for 2011-12. The city managers say they cannot turn raw land of the stalled sectors into developed one due to lack of land acquisition from[…]

Funds allocated for modern transport: CM

The provision of a comfortable and reliable transport system to people is among the priorities of the government and measures are being taken for the purpose. This was said by Punjab Chief Minister Shahbaz Sharif here on Friday while presiding over a meeting held to review provision of better transport facilities to the masses. Provincial[…]

LDA Plots Auction for Various Categories

Lahore Development Authority (LDA) announced auction of plots for various categories including sites for School, Apartments, Hospital, Dispensary, Maternity, Community Center, Public Buildings, Residential and Commercial plots in various LDA and Private Housing Schemes. Auction will be held on 19th Junly, 2011 at LDA Community Center 239-A New Muslim Town near Ayubia Market Lahore.

Nato caused ‘Rs110bn damage to roads’

ISLAMABAD: A parliamentary committee asked the ministries of finance, foreign affairs and defence on Saturday to take notice of the damage caused to roads by the heavy Nato vehicles supplying goods and fuel to troops in Afghanistan. The National Assembly’s Standing Committee on States and Frontier Regions observed that Nato should provide funds for the[…]

Urban planning: LDA eases commerce restrictions on 58 roads

LAHORE: The Lahore Development Authority (LDA) has lifted restrictions on commercial activity on 58 roads in the city in a bid to raise more revenue for development. Under the authority’s new commercialisation policy, the roads will now be open to any commercial concerns except bus terminals, goods transport terminals and godowns, an LDA spokesman told[…]

Hearing against Aashiyana Housing Scheme put off

LAHORE – The Lahore High Court on Friday adjourned to July 13 further hearing of a constitutional petition filed against the Aashiyana Housing Scheme which the present government in Punjab has launched to cater to the residential needs of the group of low income people.

Aashiyana Scheme to be launched in 16 districts

LAHORE – Punjab Chief Minister Muhammad Shahbaz Sharif has said the dream of worker, farmer, widow, orphan and a common man of having his own house has been materialised with the launching of Aashiyana Housing Project for the first time in the 63 years’ history of the country and its credit goes to Pakistan Muslim[…]

Zardari’s Islamabad property still frozen under NRO

ISLAMABAD: Despite the Capital Development Authority’s controversial decision to fundamentally change the zoning regulations of its Zone-III, defined as a protected Margallah Hills National Park area, President Asif Ali Zardari and his son Bilawal might not benefit from this jackpot immediately because the 2,400 kanals of their Sangjiani property is still frozen under the NRO[…]

Lahore Garrison Golf & Country Club is illegal, AGP says

ISLAMABAD: Pakistan Army is maintaining a luxurious Golf and Country Club on 2,592 kanals land on New Airport Road Lahore in blatant violation of all rules and regulations and is even not providing related documents to auditors, the annual report of Auditor General of Pakistan for the year 2010-11 reveals.

CDA to launch Park Enclave Project this year

ISLAMABAD: Park Enclave residential project will be launched in current fiscal year with one percent quota for journalists said Chairman Capital Development Authority (CDA) Imtiaz Inayat Elahi Thursday talking to Daily Times. He said Park Enclave is the first ever project of CDA in zone IV and it would be allotted to residents by balloting[…]

Establishment of DHA Suffa University okayed

During a meeting held at the Corps Headquarters on Thursday, the Executive Board of the Defence Housing Authority (DHA) approved the establishment of the DHA Suffa University, which had been delayed for some time and is now scheduled to be inaugurated in September 2011.

Misuse of state gifted land, funds

Art & Craft Village management continues to flout rules, court orders ISLAMABAD: The management of Arts and Craft Village (ACV) has been continuously violating the rules and regulations regarding use of funds, appointments and elections and also defying court orders.

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Atif Iqbal from eProperty®