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Author : Atif Iqbal

Dubai Financial Market announces full readiness to introduce Delivery versus Payment before the end of Q1 2011

Dubai Financial Market announced today its full readiness to introduce the new settlement mechanism “Delivery versus Payment” (DvP). DFM has completed all the technical requirements to apply DvP in coordination with custodians and brokerage firms. The exchange is poised to be at the forefront of regional markets to adopt DvP before the end of the[…]

Gulf Glass 2011 catches the UAE mood of optimism

With just six weeks to go until the Gulf Glass 2011, the 4th international glass exhibition for the entire Middle East, industry observers consider that the 2011-2015 period will be one of re-energised growth in the construction industry, and that as a result the demand for float glass and processed, speciality glass products, is set[…]

Four LDA directors get new assignments

LAHORE, Jan 29: Four directors of the Lahore Development Authority (LDA) have been given new assignments. A notification signed by LDA’s acting Director-General Ihsanul Haq said on Saturday that Coordination and Implementation (C&I) Director Khalid Mahmood Chaudhry would be Director (Chairman’s Headquarters), relieving LDA chairman’s PSO Jamshaid Siddiqui of the additional charge.

Reshuffle in bureaucracy

LAHORE, Jan 31: Capt Syed Musawwir Abbas Naqvi (retired), the secretary, Inter-Provincial Coordination (IPC), S&GAD, government of Punjab, has been transferred and directed to report to S&GAD, government of Punjab, for further orders.

LDA DG transferred

LAHORE (February 01, 2011) : The Punjab government has on Monday changed the Director General of Lahore Development Authority (LDA). According to a notification, Omer Rasul (DMG/BS-20), LDA Director General has been made Official on Special Duty (ODS) and directed to report to Punjab Services and General Administration Department for further orders.

18 petrol pump sites fate unclear

THE fate of 18 petrol pump sites, which were made controversial by the Lahore Development Authority (LDA) in December 2010, is yet to be decided because the committee formed by the Punjab chief minister to resolve the issue had met only once.

CDA to give seven-day notice to illegal occupants

The Capital Development Authority (CDA) Board on Tuesday approved widely publicising its intentions to take over the land the CDA had acquired back in 1960s for developing the federal capital in line with the directions issued by Chief Justice of the Supreme Court of Pakistan Justice Iftikhar Muhammad Chaudhry.

UAE construction boom to benefit marble sector

Marble sector to fetch huge orders if trade missions, TDAP complete homework KARACHI: Pakistan marble sector is anticipating a huge business deal with the Abu Dhabi and it is expected that construction activities will gather pace in 2011-12 as a number of government infrastructure projects are moving to build phase and the continual development of[…]

Commercial activities on 142 roads

LAHORE, Feb 1: The District Planning and Design Committee has allowed commercial activities on 142 roads or their portions, besides notifying another 16 thoroughfares where future commercialisation has not been permitted, in the controlled areas of the city district government of Lahore (CDGL).

Bahria Town Lahore Rates by eProperty 01-02-2011

[Market Mood|Few buyers in Market] 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[…]

A GRAVE CONCERN – To find a grave in DHA’s graveyard

LAHORE – The Defense Housing Authority (DHA) has changed the burial policy but have failed to live up to the DHA members’ demands, Pakistan Today has learnt. Sources in DHA said the members had a ‘long-standing’ demand with the DHA to allow the burial of the son-in-law, daughter-in-law, grandkids and grandparents.

CDA warned of protests

ISLAMABAD: Capital Development Authority (CDA) union’s active bargain agents (CBA) has given a seven days ultimatum to management of the CDA to resolve their issues and demands otherwise it will arrange protest and start a campaign against the management. CBA General Secretary Choudhry Yasin said while addressing a gathering that CDA had been facing financial[…]

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Atif Iqbal from eProperty®