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Author : Atif Iqbal

Pending projects started soon: CDA

ISLAMABAD: Spokesman for Capital Development Authority (CDA) Ramzan Sajid said currently mega project of Zero Point Interchange was in final stages and Chairman Imtiaz Inayat Elahi has started the project of Kashmir Highway, Parliament Lodges extension and Lehtrar Road. He said the other projects would also be started with the passage of time.

LDA told to submit record of journalists’ colony

LAHORE, March 2: The Lahore High Court (LHC) gave on Wednesday a last chance to the Lahore Development Authority (LDA) to submit the record of the Lahore Press Club Housing Scheme and adjourned by March 22 a petition challenging the proposed conversion of a park of the scheme into a residential area.

Bahria Town Lahore Rates by eProperty 05-03-2011

Bahria Town Lahore 5 Marla Commercial Plot Rates Bahria Town Lahore Sector B Safari Villas 4 Marla Commercial plot price 24 to 27 lacs Bahria Town Lahore Sector B Shaheen Block 5 Marla Commercial plot price 35 to 40 lacs Bahria Town Lahore Sector C 5 Marla Commercial plot price 30 to 65 lacs Bahria[…]

UAE property investors switch to US market

Political unrest and instability in nations such as Tunisia and Libya is expected to act as a boost to the property market in the UAE. The chief investment officer and acting general manager of private banking at Emirates NBD has commented on how situations in MENA countries will positively impact property investment in Dubai.

CM inaugurates Kalma Chowk Flyover

LAHORE – Punjab Chief Minister Muhammad Shahbaz Sharif laid the foundation stone of flyover project at Kalma Chowk costing more than Rs 2.3 billion. The flyover, which will be the best of the country, will be completed by August 14. Two flyovers of three-lane each will also be constructed on both sides of Ferozepur Road,[…]

Punjab board offers plan to develop Lahore Trade Centre

LAHORE: The Punjab Board of Investment and Trade (PBIT) has proposed the development of Lahore Trade Centre in line with the Real Estate Investment Trust (REIT) to attract both local and foreign investors, a top official of the PBIT said. “Despite offers to privatise the Lahore Trade Centre’s land, no investor took interest in the[…]

Pakistan Real Estate Report Q1 2011

The Pakistan Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Pakistan’s Real Estate industry. The last year or so has been very challenging for the protagonists in Pakistan’s commercial real estate sector. Rents have fallen in Islamabad and[…]

LDA takes its cue from CDA

Taking their cue from the Capital Development Authority (CDA), the district authorities in Lahore are also bracing up to launching an anti-encroachment drive in Lahore where, according to a recent study, nearly nine percent of the entire state land (42,858 kanals out of a total of 381,912 kanals to be precise) has been encroached upon[…]

CDA set to launch tax recovery drive

The revenue directorate of the Capital Development Authority (CDA) is set to launch a campaign for recovery of outstanding property tax, water and other charges from the defaulters. The sources in the CDA told ‘The News’ that individual notices to the defaulters are being sent for clearing the outstanding taxes against their property. However, they[…]

Road named after Ahmed Faraz

ISLAMABAD: Chairman Capital Development Authority (CDA) Imtiaz Inayat Elahi chaired the CDA board meeting on Thursday and, besides other decisions, the meeting renamed the Service Road West Sector F-10 Ahmed Faraz Road, honoring his services for Urdu literature. He, according to the sources, was raged when a file to redesignate the post of Director Security[…]

Turkey-UAE investments hit $10b in 2010

Deals were driven by tourism, energy and construction with financial services and infrastructure growing too Dubai: Investments between Turkey and the UAE reached $10 billion (Dh36.78 billion) in 2010, driven by tourism, energy and construction, according to the Turkish Ambassador to the UAE.

Arrest warrants for Ali Riaz suspended

RAWALPINDI, March 2: The lawyer for Ahmed Ali Riaz, the chief executive officer of Bahria Town, on Wednesday informed the trial court that the Lahore High Court (LHC) had suspended warrants for his client`s arrest. The trial court had issued non-bailable arrest warrants for him on Monday for not appearing in the court in drag[…]

CDA tree plantation campaign in full swing

ISLAMABAD: Green Islamabad is the outcome of consistent efforts of the Capital Development Authority (CDA) and its green environment is a rich source of entertainment for the residents and visitors, Gilgit-Baltistan Governor Pir Karam Ali Shah stated this on the occasion of planting sapling of Magnolia in connection with the ongoing Spring Tree Plantation Campaign[…]

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Atif Iqbal from eProperty®