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Author : Atif Iqbal

Diplomatic Shuttle Service: Award of contract challenged in IHC

ISLAMABAD: The award of a shuttle service contract in the Diplomatic Enclave was challenged in Islamabad High Court on Wednesday. Capital Development Authority (CDA) Chairperson Imtiaz Inayat Elahi, Islamabad Chief Commissioner Tariq Mehmood Pirzada, Islamabad Transport Authority Secretary Aasia Gul, Diplomatic Shuttle & Transport Service Private Company contractor Muhammad Hussain and Public Procurement Regularity Authority[…]

Encroachments spoiling capital’s beauty

ISLAMABAD: ncroachments in the federal capital are increasing with every passing day due to Capital Developments Authority’s (CDA) negligence. Although CDA enforcement teams are launching daily crackdowns on vendors and other encroachers, but it seems the authority was following a policy of “look busy, do nothing”.

Calm after the storm as investors wait and see

Developers and banks led UAE shares lower yesterday, but calm was largely restored after Sunday’s aggressive sell-off. The Dubai Financial Market (DFM) General Index lost 1.3 per cent to 1,516.43 and the Abu Dhabi Securities Exchange General Index declined 0.4 per cent to 2,620.29.

UAE real estate firms plan $656m REITs in Malaysia

Two property developers from the UAE are planning to list Islamic real estate investment trusts worth a combined 2 billion ringgit ($656m) in Malaysia this year, an exchange official said. The companies will be the first from the Arabian Gulf to sell Islamic REITs in the Southeast Asian nation, said Raja Teh Maimunah, global head[…]

CDA ready to plant 0.5m saplings in city on Feb 24

ISLAMABAD: Capital Development Authority (CDA) is all set to plant 0.5 million saplings during this spring season in continuation of the ‘Clean and Green Islamabad’ campaign, launched in monsoon 2008. The Capital Development Authority (CDA) is celebrating Public Tree Plantation Day on February 24 as a part of national tee plantation dive. The spring tree[…]

SC bars CDA from building CEC’s house in Judges’s Colony

Shows concerns that building of house could increase security problems ISLAMABAD: Construction of a house for Chief Election Commissioner (CEC) in Judges Colony has been postponed till 2013 after the orders from Supreme Court (SC) to stop construction of houses for CEC and relevant officials. The SC raised apprehensions that the construction of his house[…]

Proposal ready for construction at another place: ECP official

ISLAMABAD: Additional Secretary Election Commission Pakistan (ECP) Afzal Khan confirmed that CDA was planning to construct the residence of the CEC in Judges Colony but it was postponed. He said another proposal to construct five residences one for the CEC and four for other members of ECP was under consideration and CDA was ascertaining suitable[…]

Tree plantation day in Islamabad on February 24

ISLAMABAD – The Capital Development Authority (CDA) is all set to celebrate tree plantation day on February 24. The CDA would plant 0.5 million saplings during the upcoming spring season in continuation of its “Clean and Green Islamabad” campaign launched in Monsoon 2008, according to a press statement issued on Monday.

Bahria Town Lahore Rates by eProperty 22-02-2011

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 24 to 52 lacs Bahria[…]

Dubai economy–Will it stumble or rise?

Dubai is the land of the exotic. Structures that seem like the overactive imagination of a child have materialised in Dubai. Initially, Dubai seemed unaffected by the late 2000 recession that originated in US and had repercussions all over the world. Countries around the world felt its impact deeply, yet Dubai seemed unperturbed. It continued[…]

UAE to see gradual improvement in financial confidence

DUBAI – The UAE will see a gradual improvement in financial confidence led by a drop in the country’s lending rates, an economist at a leading bank said 
on Monday. “There will be a gradual improvement in financial confidence led by a slow narrowing of the gap between the UAE EIBOR (Emirates Interbank Offered Rates)[…]

High living at the Burj Khalifa

Owning an apartment inside the Burj Khalifa, the tallest building in the world, is the ultimate accomplishment for Daryl Patni. Mr Patni, 42, a Mumbai native who has lived in Dubai for much of his life, started out as a ground crew member for Emirates Airline before setting out on his own to become a[…]

Property to get boost from refugee capital

Gulf equities attractive in terms of earnings Dubai: The premium segment of Dubai’s property market could get a boost from refugee capital inflows from countries that are facing political turmoil, said Gary Dugan, Chief Investment Officer and Acting General Manager, Private Banking, Emirates NBD.

CDA retrieves more than 3500 kanals acquired land

ISLAMABAD: Capital Development Authority (CDA) Enforcement Teams, in light of directions of Supreme Court continued operation against the illegal occupants of CDA acquired land in Sector I-12 on Friday and got vacated vast chunks of land in addition to demolishing the encroachments and illegal structures.

CDA to launch new transport service

SLAMABAD: Capital Development Authority (CDA) is launching new transport service to mitigate problems of commuters in the capital. Sources in CDA said on Monday that two transport companies have already been short listed for plying buses on four important routes. He said their requests for proposal will be approved by CDA Board and the project[…]

Dubai Property An Overview Of The Opportunities

The land has always been the interest of the people and the history tells us that there have been battles in order to win the territory and expand the land size. Now the times are different, but the land is still the interest and there is a continuous effort made by different people to grab[…]

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Atif Iqbal from eProperty®