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The Punjab government is set to distribute allotment certificates of five-marla residential plots under Jinnah Abadi scheme among 150,000 homeless people across the province as it has completed the entire process of identification of eligible candidates, plots and balloting. An official source in Board of Revenue (BoR) told Dawn that Chief Minister Shahbaz Sharif had[…]
Bahria Nasheman Project Attraction: Golf Course and International Standard School Project Type: Master planned community of 5 & 8 Marla Residential Plots Location: Ferozepur Road, 20 minutes drive from Kalma Chowk, Model Town, Defence Housing Authority Lahore. The perfect location also connects with Multan Road.Bahria Nasheman, Bahria Town Lahore combines quality, excellence and international standards[…]
This overview explains procedure for sale/purchase of real estate in Pakistan, Gift of real estate in Pakistan, lease of real estate in Pakistan, mortgage of real estate in Pakistan and taxation of gains from real estate in Pakistan, taxation of real estate in Pakistan and set up of real estate investment trusts in Pakistan. These[…]
ISLAMABAD: The unexpected snowfall on Monday in the hilly areas of Nathiagali, Galliyat and Murree in April astonished the locals and visitors, breaking a 15-year record. Talking to APP, an official of Pakistan Meteorological Department said on Monday this was an unusual phenomenon as snowfall in April was earlier recorded in 1996. Usually, the snowfall[…]
ISLAMABAD: Officials of the Capital Development Authority (CDA) on Monday informed the National Assembly Standing Committee on Environment that despite issuance of show cause notices, they are yet to secure outstanding amount of Rs190 million against land provided in sectors E-10 and D-11 for construction of General Headquarters (GHQ). The officials pointed out the fact[…]
Q. What is Aks-Shajra? A. Aks-Shajra means image of a specific piece of land/specific khasra number from the map/plan of an estate or village defining its boundaries. Q. What is meant by Fard Malkiat? A. Fard Malkiat also known as (Record of Rights/ Jama Bandi/Misal Haquiat/ Register Haqdaran-e-Zameen) maintained for determination/record of various types of[…]
The property market in Dubai is stable but the industry still needs to build trust with buyers and to attract investors looking for long term returns, according to the emirate’s Real Estate Regulatory Authority. It is seeing around 50 sale transactions a day, explained Marwan Bin Ghalaita, RERA director general and the organisation is carrying[…]
ISLAMABAD, April 4 (APP) – As per vision of the Pakistan People’s Party leadership, Ministry of Communications has launched Rs. 129114.3 million for development of Pakistan’s road network which will lower trade costs and enhance competitiveness of Pakistani products besides reduction in accidents and enhanced safety. The newly launched projects after their completion will play[…]
Pakistan has seen tremendous growth in the mobile sector. Within this sector, SMS volumes have seen 253 per cent growth from 2009 to 2010, according to PTA reports. In 2009, an average of 128 SMS messages were sent per person, per month, or an average of just over 4 messages a day. While some of[…]
ISLAMABAD, April 3: The drive launched by the Capital Development Authority (CDA) on the directive of the Supreme Court to reclaim 20,000 acres of state land now in illegal occupation is going nowhere. Lack of coordination between the CDA’s two wings – estate and planning – is said to be the main reason behind the[…]
ISLAMABAD – Though the Capital Development Authority (CDA) has endorsed the decision of the Cabinet Division regarding cut in perks and privileges including fuel charges as part of the austerity measures, yet CDA board members and chairman will remain entitled to availing the unlimited funds in the head of fuel charges. The decision would be[…]
ISLAMABAD: Disputes over land issues are on the increase in the federal capital. Locals in and around the city allegedly sell their lands and then try to cancel the agreements. A case on point may be of the security guard who was murdered over land dispute while he was on duty.
Rafi Group launched New Lahore City in collaboration with Zaitoon Group. Project is located on main Canal Road near proposed Lahore Ring Road interchange next to Bahria Town Lahore and adjacent with NFC Phase 2 Lahore. Residential Plots Categories: 3, 5, 7, 10 Marla, 1 and 2 Kanal Commercial Plots Categories: 5 Marla New Lahore[…]
Total commission received by real estate brokers during the second half of 2010 amounted to Dh315 million, a senior Dubai Land Department (DLD) official said. The commission have been collected as a result of real estate deals being registered by brokers with the department, Brokers Licensing Department Director Yousif Al Hashimi said in a statement.
THE issue of Punjab’s landless tenants is in the headlines again. On Monday, the Anjuman Mazareen Punjab organised a march to Lahore to press for ownership of the land the tenants have been cultivating for over a century. The marchers’ route was blocked at Khanewal, and the police, which had made the highway impassable by[…]
LAHORE – No stay order has been granted by any court against the construction of Liberty Park & Ride Plaza and rumours in this regard are totally unfounded, said LDA’s Legal Adviser Waqar A. Sheikh on Sunday. According to Mr Sheikh, all arrangements have been finalised for auction of the shops on April 6 as[…]
LAHORE – In order to accommodate District Management Group (DMG) officers on deputation, the Lahore Development Authority (LDA) has resorted to restructuring the Directorate of Estate Management once again to take action against land grabbers, demolish illegal buildings, retrieve lands from illegal possession, sign agreements for sale of all types of plots and grant extensions[…]
KARACHI: Sindh Home Department is all set to introduce the Neighbourhood Crime Watch Programme (NCWP) in different areas of the city in phases to meet the safety and security needs of the people. Sindh Home, Prisons and Forest Minister Dr Zulfiqar Mirza was informed at a comprehensive working paper, seeking formal approval to lunch the[…]
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[…]
ISLAMABAD, April 2: Businesses benefited from the World Cup frenzy last week but none like a building industry giant that allegedly used it to grab land defying court orders and civil rights actions. People of Mauza Sal Kether in the foothills of Murree claim that the Mohali clash was two days away when massive blasts[…]
Lahore operation clean-up continues in Gulberg, Liberty Market.
Dubai’s real estate market has stabilised and is seeing around 50 sale transactions a day, the head of the emirate’s property watchdog said. RERA is in carrying out a financial review of about 90,000 real estate units due for delivery over the next five years but sees signs the market has steadied, said director general[…]
LAHORE – The Defence Housing Authority (DHA) Lahore organized its Fifth Annual Spring Flower Competition at Sheba Park Sector Y Phase – III. Brig Muhammad Aslam Rana Administrator DHA Lahore was the guest of honor on the occasion. On the address of this occasion Brig Muhammad Aslam Rana said “that the spring season is one[…]
LAHORE: The government should ban sale of residential plots in housing societies and restrict developers from selling houses and apartments, to end speculation in real estate sector in the country. Given the measures are taken, around 160 allied industries, which create employment and reduce demand supply gap in the housing sector, would become operational. These[…]
The Dubai Courts heard about 106,000 cases in 2010 against about 90,000 cases the year before, said Director-General, Dr Ahmad bin Hazim, while launching the department’s annual performance report during to a press conference.
