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The total number of real estate transactions in Dubai reached Dh123 billion in 2010, the Land Department said today. The number includes all sales, mortgages, ijarah (long term lease which is eventually owned after completing its financial obligations), mortgage portfolios, deffered sales, gifted lands and properties.
ISLAMABAD: Tense moments were witnessed once again during the proceedings of the Public Accounts Committee on Thursday when a senior official questioned the motives of another. Defence secretary Lt-General (retd) Athar Ali accused the auditor-general of Pakistan of maligning the Pakistan Army by sending it a ‘bill’ of Rs120 billion for using the Fortress Stadium[…]
[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[…]
ISLAMABAD: Pakistan possesses hydro potential of 50,000 megawatts (MW) and most of the potential exists in KPK and FATA, participants at a two-day workshop on “Productive Use of Renewable Energy (PURE)” were told.
ISLAMABAD: Supreme Court (SC) has frequently ordered Capital Development Authority’s (CDA’s) departments concerned to evacuate the lands occupied or encroached by the police stations but they did not take any action so far, said the sources.
ISLAMABAD (APP) – The Central Development Working Party (CDWP) is likely to approve about five dozen development projects worth billions of rupees with special focus on the development of Balochistan province for which 26 development schemes would be given approval.
KARACHI, Jan 20: As overseas Pakistanis are putting in their share in the sustenance of economy by remitting their earnings back home, it pushed country’s foreign exchange reserves to record $17.28 billion on Thursday.
ISLAMABAD, Jan 20: The fate of a housing scheme launched two decades back by National Assembly Employees Cooperative Housing Society in Zone-V hangs in the balance due irregularities committed by its previous managements.
LAHORE (January 20, 2011) : The Director Land Development IV of the Lahore Development Authority (LDA) has termed bogus the exemption proceedings on five property files of Gujjarpura Scheme and declared allocation of 26 plots as void ab initio. According to a LDA’s spokesman here on Wednesday, these plots include four plots each measuring one[…]
ISLAMABAD: The twin cities’ administrations have failed to establish a mechanism to reclaim state-owned land from influential land encroachers despite repeated demands from the Supreme Court (SC), The Express Tribune has learnt.
LAHORE: The Punjab government has spent Rs 425.92 million up till now for the improvement of the sewerage system in Dera Ghazi Khan. This was disclosed by Parliamentary Secretary for Housing and Urban Development and Public Health Engineering Zafar Iqbal Nagra in the Punjab Assembly on Tuesday while responding to a question about the poor[…]
ISLAMABAD, Jan 19 (APP): Prime Minister Syed Yusuf Raza Gilani on Wednesday citing the grave economic challenges urged the political leadership to help the government find a way out.Talking to mediapersons after the ground-breaking ceremony of Parliament Lodges phase-II here, the Prime Minister said his government was striving to overcome the financial crunch taking it[…]
ISLAMABAD, Jan 19 (APP): The Capital Development Authority (CDA) on Wednesday launched second phase of the Parliament Lodges to cater the residential requirements of the parliamentarians.The PC-I of the project spanning over four acres land, which was approved by Executive Committee of National Economic Council on January 21, 2010, would be completed at an estimated[…]
KARACHI: Little headway seems to have been made in the investigation into an alleged case of rape which was committed in DHA in December. The police have denied rumours and news reports that the alleged victim, K, has ‘disappeared’ and say they are treating it like a high-profile case. Investigating Officer Ishaq Lashari told The[…]
LAHORE – The Lahore Development Authority (LDA) has fixed January 26 for the open auction of shops in the newly constructed Park & Ride Plaza, Liberty Market, LDA Additional Director General Ihsan Ul Haq informed while briefing an eight-member Turkish delegation of the state owned development company ISBAK, which visited the LDA head office on[…]
THE City District Government Lahore (CDGL) is all set to launch a massive operation to retrieve over 40,000 kanals of the state land from the temporary as well as permanent encroachers.
ISLAMABAD (January 18, 2011) : National Assembly’s Public Accounts Committee expressed resentment over systemic failure on the part of Capital Development Authority (CDA), which gave room to land mafia to claim double awards of billions of rupee from the authority. Chairman CDA, Imtiaz Inayat Elahi informed the committee that it was the systemic fault of[…]
ISLAMABAD: The Public Accounts Committee (PAC) on Monday directed the Establishment Division to start detailed inquiry into glaring irregularities committed by ex-director land of the Capital Development Authority (CDA) in allotment of plots to affected people of Kurri.
ISLAMABAD: Following the failure of CDA for recovery of state land from illegal occupants in Islamabad , Public Accounts Committee (PAC) has decided to send recommendations to the prime minister through a letter for taking steps in terms of recovery of land.
ISLAMABAD: The Public Accounts Committee (PAC) questioned the Capital Development Authority (CDA) officials for not settling the claims of land owners, who were affected by development work in eight new sectors. In a meeting on Monday, the NA body directed the CDA to return Rs35 billion to these land owners.
LAHORE (January 19, 2011) : A Lahore based local waste management firm, Waste Busters, has been awarded a contract by the United Nations Military Observer Group in India and Pakistan to collect and dispose off their hazardous waste materials in the region.
The Governing Body of the Defence Housing Authority (DHA) approved Rs7.69 billion for the budget of the year 2010-11, out of which Rs4.66 billion was earmarked for development projects.
KARACHI: The Defence Housing Authority (DHA) Cogen Power and Desalination Plant is expected to start operating in August this year, said DHA Administrator Brig Aamer Raza Qureshi on Thursday.
ISLAMABAD (January 18, 2011) : Showing sheer annoyance over grant of protective bail to Ali Riaz, son of chief executive of Bahria Town by Sindh High Court in a drag race, which claimed five lives on December 5, 2010, the Supreme Court on Monday cancelled the bail.
ISLAMABAD: Expressing annoyance over the grant of protective bail to Ali Riaz, the son of chief executive of Bahria Town, by the Sindh High Court in drag car race in which five people were killed on December 5, the Supreme Court on Monday set aside the bail and observed that the incident took place in[…]
