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Author : Atif Iqbal

Demand, supply gap hiked prices, says CDA inspector

ISLAMABAD: Malik Waheed, CDA Chief Inspector, at H-9 Bazaar told Daily Times that growth of fruits and vegetables had stopped due to the heavy flooding of plains, and recent rains that are still continue. So it is the main reason behind price spiraling, he added.The chief inspector claimed suppliers were compelled to import vegetables; especially[…]

No Chinese naval base being built at Gwadar port: FO

ISLAMABAD: The Foreign Office on Saturday denied suggestions that the Gwardar port was being developed as a naval base for China, saying a news report in this regard was not correct. “It is being developed as a commercial port which will increase Pakistan’s trade relations with the Middle East, Central Asia and Europe and provide[…]

Pakistan supports links among ECO members

Pakistan supports links among ECO members Staff Report ISLAMABAD: President General Pervez Musharraf said on Friday that Pakistan fully supports the development of road, rail and other infrastructure projects, including oil and gas pipelines and power transmission lines, among members of the Economic Cooperation Organisation (ECO) as it would facilitate trade and commerce, and allow[…]

Park Enclave Islamabad CDA launches environment friendly housing scheme

Islamabad May 03, 2011: Capital Development Authority (CDA) has announced Park Enclave-an environmental friendly model housing project in the heart of the Federal capital Islamabad consisting of 700 houses in phase-I and another 600 houses in phase–II equipped with stat of the art facilities. The Park Enclave, the first scheme of its kind introduced today[…]

Court cancels property ownership bar by LDA

LAHORE – Justice Sheikh Azmat Saeed of the Lahore High Court on Wednesday set aside a notification earlier issued by the Lahore Development Authority through which property ownerships/titles of several Model Town Extension residents were cancelled.

G-13 still without sewage treatment plant

ISLAMABAD, May 3: The newly-developed Sector G-13, having some 12,000 housing units, is still without a sewage treatment plant (STP), raising a question mark on the performance of its developers – Capital Development Authority (CDA) and the Housing Foundation.

Modern features of new housing project

ISLAMABAD: The scheme has vital significance as it is ideally located just 4 km from Islamabad Club, having intersection of two wide roads, conveniently accessible from all major roads such as Kashmir Highway, Park Road, Lehtrar Road, Kuri Road and Islamabad Highway. The project has civic amenities including mosque, school, clubhouse and many outdoor and[…]

Big to pay for their small minds

RAWALPINDI, May 3: Three powerful property developers of the country have to surrender, at the intervention of the Supreme Court, some 2,300 acres of land in their adverse possession for a dam for common good.

Daanish schools to change destiny of backward areas: CM

Punjab chief minister Shahbaz Sharif has said that Daanish Schools are such centers of excellence in deserts as would change the destiny of the backward areas and become the source of elimination of terrorism and extremism. He was taking to a seven-member UK journalists’ delegation – led by Tahir Chaudhary- which called on him here[…]

Elahi orders eradication of encroachments within 15 days

ISLAMABAD: Civic authorities have been directed to get concrete steps within 15 days to eradicate encroachments, removal of construction material, maintenance of cleanliness and elimination of illegal construction in the residential and commercial areas of capital. Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi said this during a surprise visit of Markaz G-9 (Karachi Company)[…]

Pact on Lahore transit project

An agreement on the Lahore Mass Transit Project to be completed at a cost of 1.7 billion dollars was signed between the Punjab government and China in Beijing. After Taunsa Power Project agreement, it is the second big achievement of Punjab chief minister Shahbaz Sharif-led delegation visiting China.

Wider roads to run wild

ISLAMABAD, April 29: Car race drivers took two more lives in their relentless frenzy on the roads last weekend. What can put sense in the daredevils` heads, and brakes on their murderous antics? Not judicial activism, it seems. The judiciary`s vigorous pursuit of the accused in the Bahria Town car race tragedy last December has[…]

Troubled Dubai developer stops selling

Nakheel, the troubled Dubai developer restructuring $10.8 billion in debt, has confirmed it is no longer selling real estate units in the emirate. The state backed company, which overstretched itself building islands in the shape of palms and other ambitious projects, said it is to focus instead on offering swap options to existing investors.

Gwadar Port to be connected through rail link: Bilour

Minister for Railways Ghulam Ahmed Bilour on Friday said that a proposal was under consideration to connect the Gwadar Deep Sea Port through a rail link of Pakistan Railways. He said feasibility study had been completed under which the Gwadar Port was proposed to link with main railway network at Mastung located on Quetta-Taftan section,[…]

SC stops balloting of CDA plots

ISLAMABAD: The Supreme Court Friday stayed the balloting of plots being allotted to employees of Capital Development Authority (CDA) and asked director of the authority to present the relevant record on May 4, 2011.

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Atif Iqbal from eProperty®