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Islamabad Real Estate News

Bahria Town Nawabshah booking started

Bahria Town announced booking for Bahria Town Nawabshah. Last date of form submission is 27 November, 2015. Only registered members can apply for booking. Booking offered for following categories: Bahria Town Nawabshah Residential Plots 125 yards 250 yards 500 yards 1000 yards Bahria Town Nawabshah Commercial Plots 125 yards 250 yards Bahria Town Nawabshah Bahria Homes[…]

Forest land allegedly occupied by Bahria Town

ISLAMABAD: The Supreme Court has ordered Rawalpindi District Coordination Officer (DCO) Sajjid Zafar Dall to submit a demarcation report of around 1,416 acres of forest land, allegedly encroached upon by the Bahria Town Housing Society in 2005. The land was originally owned by the Rawalpindi Forest Department.

Malik Riaz to compensate Edhi

CEO of Bahria town Malik Riaz has promised to compensate Edhi’s loss, ARY News learnt. We live in a state where the man who has served his whole life for humanity and runs the world’s largest ambulance services gets robbed. There are very rare chances to find someone as selfless as Abdul Sattar Edhi in[…]

Advanced Income Tax on Property Purchase

The following is to be applied for Financial Year 2014 to 2015 with effective from July 1, 2014. Buyer with NTN number has to pay 1% Advanced Income Tax and Non Tax Payer buyer has to pay 2% Advanced Income Tax on purchase of property worth 3 million and above. Seller has to pay 0.5%[…]

RDA, Bahria Town lock horns in land dispute

RAWALPINDI: A multi-billion rupees plot in Saddar has become a bone of contention between the Rawalpindi Development Authority (RDA) and Bahria Town after the civic body began constructing the main metro bus station on the land. The RDA is the executing agency of the metro bus project which will run from Flashman’s Hotel in Rawalpindi[…]

Malik Riaz inaugurates mega projects in Rawalpindi

RAWALPINDI: Chairman Bahria Town, Malik Riaz on Sunday performed the inauguration of the builder’s Mega Customer Service Centre and Greenvalley Premium Hypermarket spreading over a 100-canal land area here. According to the Bahria Town spokesman, the construction company’s customer service centre, which would be its biggest Head Office, was being established in Rawalpindi Phase 8.

Malik Riaz & Ali Riaz acquitted in land scam reference

RAWALPINDI – An Accountability Court (AC) Saturday dropped corruption reference against former Chief Executive (CE) of Bahria Town, Malik Riaz Hussain, and his son Ahmed Ali Riaz in a 1401 kanals of land fraud case.Judge Chaudhry Abdul Haq discharged the property tycoon Malik Riaz Hussain and his son Ahmed Ali Riaz in land fraud case[…]

CDA proposes increase in property tax & water tariff

Islamabad: The federal cabinet is likely to take up a proposal from the Capital Development Authority (CDA) for increase in property tax and water charges with focus to target commercial consumers and owners of big houses for the fiscal year 2012-2013. The CDA sources told ‘The News’ that the civic body had sent a proposal[…]

Bus terminals yet to be shifted out

ISLAMABAD, March 17: The Capital Development Authority (CDA) has failed to shift the five main bus stations out of the city even after allocating 164 kanals at Sector I-11/4 for this purpose and spending Rs6.5 million on development of basic infrastructure there, Dawn has learnt. There is no policy to regulate the establishment of bus[…]

CDA seeks loan for LED project

Official says authority to take loan from federal government to pay its part of Rs 1.6 billion ISLAMABAD: The Capital Development Authority (CDA) plans to acquire a loan for execution of the long-pending Light Emitting Diodes (LED) project to replace the existing street lights system for energy saving purposes. Rs 6.5 billion are needed for[…]

Bahria Town riding facility

ISLAMABAD – Inauguration ceremony of Bahria Town riding club was held at Bahria Paradise, Bahria Town on Wednesday. Malik Riaz Hussain, Chairman Bahria Town was the chief guest at the occasion, says a press release. Bahria Town Riding Club is a state of the art club offering world class riding facilities, exclusively to the distinguished[…]

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