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Author : Atif Iqbal

Bahria Town Lahore Rates by eProperty 21-04-2011

All rates are in Rupee Lacs. Given rates are for average locations plots, homes, commercials excluding average below and average above locations in Bahria Town Lahore. Expert Opinion: Good buying time for Janiper and Overseas Enclave B Block. Plot price range 14 to 15 lacs is highly recommended for buying in developed area if available[…]

CDA takes possession of strip in E-11 on SC directions

ollowing the directions passed by the two-member bench of the Supreme Court of Pakistan, headed by the Chief Justice of the Supreme Court of Pakistan, Justice Iftikhar Mohammad Chaudhry, the Capital Development Authority on Monday took over the physical possession of the ‘Northern Strip’ of Sector E-11.

CDA launching anti-littering drive

ISLAMABAD, April 21 (APP): Wall chalking on different places in the federal capital is defacing public structures, buildings, walls, pavements and signboards with posters of local companies, organizations as well as education institutions, ruining beauty of the city.The disgusting activity, mainly aimed at promoting businesses,forwarding one’s political or sectarian ideas or even in some cases[…]

What is the worth of our cabinet ministers?

ISLAMABAD: The asset declarations of the federal cabinet members reveal the fluctuation in their fortunes during the past three years. Federal minister for religious affairs and labour and manpower, Syed Khursheed Shah’s assets were worth Rs11,900,000 in 2010. His two wives own assets worth Rs27,578,000 and Rs26,734,000 respectively. In 2009 his wealth valued Rs51,610,000 while[…]

PA body opposes new residential blocks for bureaucrats

Sindh Assembly’s Standing Committee on Services and General Administration Department (S&GAD) has opposed the proposed construction of official residences in Bath Island, Clifton and Gulistan-e-Jauhar in Karachi as well as Sindh House in Gwadar and Rest House in Khairpur till the flood rehabilitation process is completed in the province.

20 rain harvesting projects completed

Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi has said that CDA is the first municipality of the country which has initiated Rain Harvesting Project to enrich the ground water and 20 projects have been successfully completed at various sites in the federal capital. The CDA chairman said this during a meeting with the delegation[…]

LDA demolishes four buildings

THE Lahore Development Authority (LDA) Town Planning Wing has demolished four buildings and sealed another two during an operation against illegal constructions on Wednesday. The Lahore Development Authority staff demolished an under-construction building on plot No-6 of Ghee Corporation Society situated on Khyban-e- Jinnah because it was being built in violation of the building plan[…]

Completion of Zero Point Interchange project likely by June

ISLAMABAD, April 20 (APP): The multi-billion project of Zero Point Interchange will be completed till June this year, however, the major portion of the interchange will be opened by end of April. According to a senior CDA official, the contractor has completed almost ninety percent of the project and a few leftover arteries are being[…]

NHA to dualise Karakoram Highway

ISLAMABAD: National Highway Authority (NHA) has planned to dualise the Karakoram Highway. In first phase, 109 km Burhan-Havelliaan-Mansaehra Express way has been planned at a cost of Rs 25 billion—which will be funded by ADB, NHA member Sabir Hassan said while speaking to the participants of 9th Senior Management Course during their visit NHA headquarter.

Aashiyana houses balloting on May 1

LAHORE – Chief Minister Shahbaz Sharif has said that Aashiyana Housing Scheme is a revolutionary project of the Punjab government under which such modern residential facilities will be provided to the poor, laborers, orphans, widows and the families of martyrs as are available in the housing schemes for the elite, says a handout.

Dubai property market is ‘stabilising’

Demand for property in the UAE could be set to rise following a recent report from a leading real estate firm in the region. Research relating to the first three months of 2011 by Asteco has revealed that, for the first time in two years, the Dubai property market has stabilised.

Over 5,000 Baloch to become part of army: Kayani

GWADAR: Army Chief General Ashfaq Pervez Kayani said on Monday that in the future no operation will take place in Balochistan without the permission of the provincial government, DawnNews reported. During an address in Gwadar, Kayani said that efforts are being made to bring Balochistan into the national mainstream. In regards to this, he stated[…]

Spring Rose Festival kicks off

ISLAMABAD – The Capital Development Authority (CDA) has spent approximately Rs600 million on carpeting and patchwork of various roads in the Class-C category markets across the federal capital. An additional amount of Rs7 million has been spent on the upgradation of sewerage system of these markets.

DHA Lahore violates PPR-2004: TI Pakistan

KARACHI (April 15, 2011) : Public Procurement Regulatory Authority (PPRA) has asked for a comprehensive report/comment from the Defence Housing Authority, Lahore on the complaint of Transparency International Pakistan regarding violation of Public Procurement Rules (PPR)- 2004 in the invitation of pre-qualification of insurance companies.

CDA awarded contracts to favourite firms: probe

ISLAMABAD: The Capital Development Authority (CDA) awarded contracts to favourite firms for the renovation of the President and Prime Minister houses during the tenure of two ex-premiers from 1989 to 1996, inquiry reports presented before the Special Public Accounts Committee (SPAC) revealed.

Parking plazas project dropped

LAHORE – Government has dropped the idea of constructing over ten proposed park & ride plazas in the City for indefinite period due to some technical reasons – the major being insufficient funds, sources informed TheNation. “Government postponed the construction of these proposed parking plazas when the departments concerned have completed entire paper work of[…]

Punjab govt amend rules for leasing state land

LAHORE: The Punjab government has issued amended rules regarding lease of state land for petrol pumps, CNG stations and service stations, says a handout issued on Thursday. According to the amended rules, 30 year lease will be given for setting up petrol pumps, CNG stations and service stations while the successful bidder will not be[…]

SC strikes down CDA-MPCHS Joint Venture Agreement

ISLAMABAD, Apr 15 (APP): The Supreme Court on Friday declared a Joint Venture Agreement (JVA) between the Capital Development Authority (CDA) M/S Multi Professional Cooperative Housing Society (MPCHS) for the development of 54 acres of land located in northern strip of Sector E-11, Islamabad, as inoperative and ineffective.

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Atif Iqbal from eProperty®