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ISLAMABAD: An officer of CDA told Daily Times that at least Rs 10 billion were required to open a new sector in the federal capital. He said although CDA was also working on Kurri Housing Scheme, the society is not only far from the city but also against city’s natural growth, as the city is[…]
Sindh chief minister assures group of all possible cooperation KARACHI: A nine-member delegation of largest private sector group of China Kingho Group held a meeting with Sindh Chief Minister Syed Qaim Ali Shah at the CM House here on Thursday.
LONDON: The Bestway Group, UK based conglomerate founded and chaired by Sir Anwar Pervez announced it has increased its shareholding in United Bank Limited UBL to 51.07 percent by acquiring an additional 20 percent of shares from Abu Dhabi Group provided fully integrated advisory and financing solutions and acted as sole bank in the deal.
To issue $1.6 bln sukuk by end of Q1 No additional funds needed from Dubai to pay off debts DUBAI, Jan 26 (Reuters) – Legal claims against Dubai World property unit Nakheel [NAKHD.UL] are not delaying the developer’s proposed restructuring plan, its chairman said on Wednesday.
[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[…]
LAHORE (January 25, 2011) : Punjab Chief Minister, Shahbaz Sharif has said transparency will be ensured in Ashiyana Housing project at any cost. The chief minister further said that board of directors should select well-reputed companies for these projects, which would definitely ensure a high standard of construction.
Cellular company stopped from encroaching upon footpath, road Notice issued to South African High Commission against illegal construction of security wall ISLAMABAD: The civil courts on Wednesday stopped a cellular company from encroaching upon footpath and road and issued a notice to South African High Commission against construction of security wall on public property.
MIRPURKHAS Jan 26: A survey will be conducted of water supply schemes in Mirpurkhas to prepare a feasibility report for installation of a solar energy system to run the facilities during power crisis. Funds for the project would be provided from the quota of Minister Shoaib Bukhari.
KARACHI, Jan 25: The government is planning to protect approximately 1,000 buildings in Karachi under the Sindh Cultural Heritage Preservation Act, 1994, in addition to the about 600 buildings already protected under the law.
ISLAMABAD: Capital Development Authority (CDA) is working to create place in extension of Diplomatic Enclave for the embassies having offices in residential areas, said Spokesman for CDA Ramzan Sajid. He said after creating place they would request such diplomatic missions to move to Diplomatic Enclave. He said as far as encroachments by diplomatic missions were[…]
The governing body of the Lahore Development Authority (LDA) has approved acquisition of 35 kanals land for a new fruit and vegetable market.
ISLAMABAD: Leader of the Opposition in the National Assembly Chaudhry Nisar Ali Khan Monday cautioned the government to refrain from bringing the Defence Housing Authority bill in the National Assembly, which would give sweeping powers to the DHA.
LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif presided over a meeting of Board of Directors of Punjab Land Development Company (PLDC), here on Monday.
LAHORE – The Aashiyana Housing Scheme will have a special quota for orphans, widows, disabled and families of martyrs, Punjab Chief Minister Shahbaz Sharif said on Monday. He was chairing a meeting of Punjab Land Development Company (PLDC) Board of Directors (BoD) at the CM’s Secretariat. Shahbaz says project will realise poor people’s dream of[…]
LAHORE – Amid deep controversies, the Lahore Development Authority (LDA) has finalised arrangements to shift the Fruit and Vegetable Market, Kot Lakhpat, Model Town Extension Scheme, Ferozepure Road, Pakistan Today has learnt.
THE recent move of the Lahore Development Authority (LDA) to declare commercial activity illegal on the 24 major city roads has spread panic among the businessmen who feel that their investment of billions of rupees is unsafe and at stake.
ISLAMABAD – In pursuance of the judgment of the apex court regarding commercial venture in Fatima Jinnah Park, the Capital Development Authority has punished its three delinquent employees.
Capital Development Authority (CDA) has failed to remove encroachment in markets and green belts situated in Islamabad while residents have demanded of the high authorities to remove the encroachment on priority basis.
KARACHI: As the Karachi Electric Supply Company (KESC) management, government committees and labour unions continued negotiating, thousands of residents across the city had to wait out hour-long power outages. Small faults were left unattended and areas in PECHS, SMCHS and DHA, among others, were badly affected by the delay in repairs.
ISLAMABAD (January 25, 2011) : The Federal Investigation Agency (FIA) on Monday informed the Supreme Court that Moonis Elahi, son of former Punjab Chief Minister Pervaiz Elahi had been issued notice in connection with a probe into Rs3.3 billion National Insurance Corporation Limited (NICL) land scam.
ISLAMABAD: Chief Justice Iftilhar Muhammad Chaudhary, during the hearing of National Insurance Corporation Limited (NICL) scandal case, remarked that the culture of not bringing the influential persons to justice should be ended, Geo News reported on Monday.
The 10% differential in fourth quarter of 2009 is now up to 15% Dubai: Investors are less likely to try selling their property in Dubai as the gap between asking price and achieved value widened further in the past 12 months. The 10 per cent differential between asking and achieved prices during the fourth quarter[…]
Dubai’s real estate sector will remain under stress in 2011 with occupancy levels dropping further across all asset classes “due to massive new supply,” leading property analysts said on Sunday. Oversupply will continue to impact residential, office, and retail space markets in Dubai in 2011, they said.
Globally the total level of direct real estate investment is expected to grow by 20 per cent by the end of 2011, with the resurgence in activity led primarily by a rebound in interest in the US property market. This is one of the findings from the latest report from consultancy Jones Lang LaSalle, which[…]
DUBAI, Jan. 23 (Xinhua) — Visitors and gourmets who plan to visit Dubai’s newest restaurant “At.mosphere” need a proper budget to dine there, as well as a head for heights. Located on level 122 at the world’s highest tower Burj Khalifa, the At.mosphere offers a luxury lounge and grill, along with a round to-down view[…]
