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Gwadar Real Estate News

Gwadar Sea Port: BHC to probe illegal allotments

QUETTA: Balochistan High Court Justice Mohammad Nur Meskanzai was appointed to investigate the illegal allotment of lands in Gwadar during the regime of General Pervez Musharraf. The judicial inquiry was launched following the directives of the Prime Minister Yousaf Raza Gilani during a Federal Cabinet meeting recently held in Quetta after irregularities in allotment of[…]

Daily Times sets up Land Investigation Cell

Daily Times has undertaken the responsibility to expose the land mafia and influentials working behind this gory business where innocent people have lost their life-savings. First in this regard will be Bahria Town’s looting spree, where people get files not plots in lieu of their hard earned money and where many have sought the help[…]

PM approves commission for Gwadar land allotment probe

ISLAMABAD: Prime Minister Yousuf Raza Gilani has approved the constitution of one-member commission consisting of Justice Muhammad Noor Miskhanzai, a judge of Balochistan High Court (BHC), for conducting inquiry into the allotment of land at Gwadar. The prime minister has appointed the commission of inquiry in the exercise of powers conferred by section 3 and[…]

Gwadar port to be made more efficient: Raisani

Balochistan CM Aslam Raisani said that more authority should be given to the federating units. Talking to the print media editors and electronic media journalists, Balochistan Chief Minister Nawab Aslam Khan Raisani said that the Gwadar Port would be made more efficient soon which would not only strengthen the provincial but also the national economy.

NIC number to become National Tax Number

The senate’s treasury committee meeting headed by Senator Ahmed Ali was held in Islamabad. In the meeting, Federal Board of Revenue chairman Salman Siddique told the committee that from December 31 onwards, rather than assigning a new National Tax Number (NTN), the National Identity Card (CNIC) number would be given the NTN status. He said[…]

Rs 1.1 billion allocated for Gwadar Int’l Airport

ISLAMABAD: The government has allocated Rs 1100 million under Public Sector Development Programme (PSDP) for New Gwadar International Airport during the year 2011-12. According to details, the total estimated cost of the project is Rs 7675 million, which included Rs 1464 million of foreign loan. The total expenditure of the project up to June 2011[…]

Cabinet approves budget 2011-2012

ISLAMABAD: The special meeting of the federal cabinet, chaired by Prime Minister Yousuf Raza Gilani, approved budget for the fiscal year 2011-2012, Geo News reported. The meeting was informed that national forex reserves have reached at record 17 billion dollar, while about 12 billion dollar in remittance is expected. It was also informed that Rs730[…]

China agrees to run Gwadar port

ISLAMABAD: Defence Minister Chaudhry Ahmed Mukhtar said on Saturday that China had “acceded to Pakistan’s request to take over operations” of the Gwadar port as soon as the agreement with the Singapore Port Authority expired. The minister, who had accompanied the prime minister during his visit to China, issued a statement to press about the[…]

China to take control of Gwadar Port

Defence Minister Ahmed Mukhtar said that China has agreed to take control of operations at the Gwadar Port. In a statement issued after his visit to China, the Defence Minister said that China will take over control of the Gwadar Port Authority once the contract with the Port of Singapore Authority (PSA) expires.

No Chinese naval base being built at Gwadar port: FO

ISLAMABAD: The Foreign Office on Saturday denied suggestions that the Gwardar port was being developed as a naval base for China, saying a news report in this regard was not correct. “It is being developed as a commercial port which will increase Pakistan’s trade relations with the Middle East, Central Asia and Europe and provide[…]

Gwadar Port to be connected through rail link: Bilour

Minister for Railways Ghulam Ahmed Bilour on Friday said that a proposal was under consideration to connect the Gwadar Deep Sea Port through a rail link of Pakistan Railways. He said feasibility study had been completed under which the Gwadar Port was proposed to link with main railway network at Mastung located on Quetta-Taftan section,[…]

Complete the Gwadar Port First

Mian Shahbaz Sharif, the Punjab Chief Minister, was the first politician from Punjab who exposed the real designs of military dictator General ® Pervez Musharraf on the issue of Gwadar. He had rightly said that the General deliberately left the Gwadar Deep Water Port Project incomplete and by designs to keep Pakistan in a deeper[…]

Over 5,000 Baloch to become part of army: Kayani

GWADAR: Army Chief General Ashfaq Pervez Kayani said on Monday that in the future no operation will take place in Balochistan without the permission of the provincial government, DawnNews reported. During an address in Gwadar, Kayani said that efforts are being made to bring Balochistan into the national mainstream. In regards to this, he stated[…]

Pak-Afghan transit trade talks put off

ISLAMABAD: The Pak-Afghan Transit Trade talks scheduled for today (Friday) have been postponed. The Afghan government conveyed about the postponement of its delegation’s visit to Pakistan in emergency on Thursday evening. According to the programme, details with regard to the implementation of the Pak-Afghan trade were to be settled during the talks. Mumtaz Haider Rizvi,[…]

Dr Nazar’s perspective on Balochistan situation

You’ve probably never heard of Balochistan. A resource rich province of Pakistan wedged between Afghanistan and Iran, it is an area of great geo-political importance that includes the port of Gwadar, which many eye as a profitable road to China and Central Asia. Balochistan is also the site of what historian Selig Harrison has called[…]

Gwadar: New great game

Miles away from the war on terror being fought in Pakistan’s north on the border with Afghanistan is another insurgency whose hub is the port city of Gwadar, located near Iran on the Makran coast. Unlike the battle against the Taliban, this uprising receives little international attention, although it is set against the backdrop of[…]

Raisani offers EU consulate in Gwadar

QUETTA (APP) – Balochistan Chief Minister Nawab Aslam Khan Raisani has offered facilities to the European Union and the Central Asian states for establishing trade consulate in Gwadar, the coastal town of the province and launching development projects. “Due to its geo-graphical position and deep-sea waters, Gwadar will become hub of commercial activities of the[…]

Real Estate Related Laws of Pakistan

This overview explains procedure for sale/purchase of real estate in Pakistan, Gift of real estate in Pakistan, lease of real estate in Pakistan, mortgage of real estate in Pakistan and taxation of gains from real estate in Pakistan, taxation of real estate in Pakistan and set up of real estate investment trusts in Pakistan. These[…]

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