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Author : Atif Iqbal

MNA surrenders valuable plot

ISLAMABAD: Member National Assembly Hamid Yar Hiraj, respondent in the case of a disputed land in diplomatic enclave, surrendered his right to the plot on Thursday. Islamabad High Court (IHC) disposed off the case after validating the petitioner’s concerns.

Rs 3bn Parliamentary Lodges extension project

CDA directed to start luxurious suites’ construction Parliamentary committee constitutes five-member body to monitor progress and ensure transparent execution of project ISLAMABAD: Brushing aside massive resistance from the opposition party Pakistan Muslim League-Nawaz (PML-N), joint parliamentary committee for Housing and Library on Tuesday directed Capital Development Authority (CDA) to start phase-wise construction of luxurious suites[…]

Shah Alam Market in flames

At least three people lost their lives and 35 were injured after a fire that started in a building in the Shah Alam Market on Monday morning spread to adjoining structures. Three plazas and a mosque were razed to the ground while four multi-storey buildings, including residential apartments, were damaged in the fire that started[…]

CDA starts operation in I-11, faces resistance from occupants

As was anticipated, the first move by the enforcement directorate of the Capital Development Authority (CDA) to remove illegal encroachments in line with the directions issued by Chief Justice of the Supreme Court of Pakistan, Justice Iftikhar Mohammad Chaudhry, was instantly confronted by the illegal occupants who turned violent and beat up the CDA staff[…]

Gwadar Expressway construction cost doubles

Islamabad—Believe it or not, the cost of construction of Expressway on East Bay of Gwadar Port has increased by almost close to 100 percent from Rs 3.763 billion to Rs 6.274 billion on the pretext that the scope of the project has increased which is factually widened by 37 percent, Pakistan Observer has learnt reliably.

Dubai property prices down again, latest figures show

Apartment property prices in Dubai fell significantly in November in all categories apart from those in the 51 to 100 square meter category, the latest figures show. Prices rose marginally in this sector month on month, the data from REIDIN, the leading real estate information company covering emerging economies, shows. It is based on transaction[…]

17 cities to have above 1m population by 2030

KARACHI: Almost half of Pakistan’s population will be living in urban areas with 17 cities having more than one million population by the year 2030. This was disclosed at the roundtable conference on Urban Development and Economic Growth. The conference was organised by the Planning Commission to launch the task force report on urban development[…]

NA housing society scam MPs hold 11 responsible

ISLAMABAD, Feb 4: The National Assembly on Friday adopted a report of a house body holding 11 individuals, including government officials and private realtors, responsible for financial irregularities and embezzlement in the National Assembly Employees Cooperative Housing Society (NAECHS) scam.

CDA not sure about city’s division in two parts

ISLAMABAD: Capital Development Authority’s (CDA) Public Relations Director Asim Khichi told Daily Times that he could not say anything about CDA’s division into two parts after implementation of the proposal. He said CDA revenue generation capacity would not increase, as land and population of the city would remain same if the decision to bifurcate Islamabad[…]

PIA and Pakistan Railways 50 years back

DAWN has done a wonderful job by taking us back to “50 years ago today” (Jan 26), reproducing important events and happenings of the past. On Jan 26, 1960, the significant event was the inauguration by the then finance minister of a 10,500-foot-long jet runaway of Karachi International Airport, completed much ahead of schedule, which[…]

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Atif Iqbal from eProperty®