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Islamabad Real Estate News

Nato caused ‘Rs110bn damage to roads’

ISLAMABAD: A parliamentary committee asked the ministries of finance, foreign affairs and defence on Saturday to take notice of the damage caused to roads by the heavy Nato vehicles supplying goods and fuel to troops in Afghanistan. The National Assembly’s Standing Committee on States and Frontier Regions observed that Nato should provide funds for the[…]

Zardari’s Islamabad property still frozen under NRO

ISLAMABAD: Despite the Capital Development Authority’s controversial decision to fundamentally change the zoning regulations of its Zone-III, defined as a protected Margallah Hills National Park area, President Asif Ali Zardari and his son Bilawal might not benefit from this jackpot immediately because the 2,400 kanals of their Sangjiani property is still frozen under the NRO[…]

CDA to launch Park Enclave Project this year

ISLAMABAD: Park Enclave residential project will be launched in current fiscal year with one percent quota for journalists said Chairman Capital Development Authority (CDA) Imtiaz Inayat Elahi Thursday talking to Daily Times. He said Park Enclave is the first ever project of CDA in zone IV and it would be allotted to residents by balloting[…]

Misuse of state gifted land, funds

Art & Craft Village management continues to flout rules, court orders ISLAMABAD: The management of Arts and Craft Village (ACV) has been continuously violating the rules and regulations regarding use of funds, appointments and elections and also defying court orders.

CDA finalises Rs 23.996bn surplus budget for 2011-12

ISLAMABAD: Capital Development Authority (CDA) has finalised Rs 23.996 billion surplus budget for the financial year 2011-12, of which Rs 20.32 billion will be generated through self resources, Rs 2.082 billion from Public Sector Development Programme (PSDP) and Rs 1.59 billion will be given by the government for the maintenance of the official buildings.

Realtor moves court against MNA

RAWALPINDI: A real estate tycoon has moved the Lahore High Court against the Rawalpindi police for harassing him allegedly at the behest of an opposition member of parliament, seeking quashment of his arrest warrant.

Awami Villas Islamabad Ballot

Bahria Town Awami Villas Islamabad balloting will be held as on June 30, 2011 at Customer Support Center Phase 8, Bahria Town Rawalpindi. Ballot results will be available at Bahria Town Office. Please contact Bahria Town directly for your Awami Villa number.

CDA refunds Rs 1.25b to allottees of Sector I-15 Islamabad

Islamabad—Capital Development Authority (CDA) has refunded Rs 1.25 billion to allottees of sector I-15 Islamabad due to non- execution of the project initiated in 2005. An official of CDA told media that the Authority had also specified Rs 930 million in its annual budget for fiscal 2010-11 to refund amount to the allottees. The residential[…]

Rs 23 billion CDA budget likely on June 29

ISLAMABAD: The annual budget of Capital Development Authority (CDA) for fiscal 2011-12 is likely to be announced on June 29 with an outlay of around Rs 23 billion, a senior CDA official told APP. The draft of annual budget has been finalized and CDA Board and the Cabinet would announce it after the formal approval[…]

Pakistan’s poor political elite?

ISLAMABAD – The laughably pitiful attitude of the parliamentarians to hide their wealth details, this time from Punjab and Sindh assemblies, saw the habitually annual repetition on Friday after the Election Commission of Pakistan finally took the ‘pain’ to make public the assets details of the ruling elites of the two provincial assemblies.

Police discharge FIR filed against CDA chairman

ISLAMABAD – The Capital police on Monday discharged a case it had registered the other day against CDA Chairman Imtiaz Inayat Elahi and other top officials of the authority after finding no substantial evidence of the crime the officials were charged against, a police official said. The development resulted after the Prime Minister Syed Yousuf[…]

Another Buddhist site found in Islamabad

The cultural heritage in Pakistan is little cared for. “In Europe, such treasure would sustain an entire Industry,” writes Alice Albania, in her book “Empires of the Indus, the story of a river”. But here in Pakistan the case is entirely different. The destruction and loss of the cultural heritage in every nook and corner[…]

NIEECHS Rs 630 million scam

ICT admin serves notices on executive body to recover 140 kanals land Two property dealers instructed to deposit Rs 69 million in society’s account within 15 days Inquiry confirms that 140 kanals land was sold in violation of housing societies rules ISLAMABAD: An inquiry regarding Rs 630 million corruption and violation of laws in National[…]

Theft case filed against CDA chief

ISLAMABAD – In a rare case of victimisation of top tier officials of the Capital Development Authority (CDA) including its Chairman Imtiaz Inayat Elahi, an FIR containing charges of theft and threat has been registered against them allegedly for not extending their support to illegally accommodating PPP ‘Jialas’ in the civic agency.

Gulberg Islamabad NOC Issued

NOC for Gulberg Town Islamabad Issued by CDA and payment notice for Gulberg Islamabad was published in Daily Urdu Jang today. Members are informed to pay all dues to avoid cancellation. Gulberg Islamabad Maps For booking details, development status and possession related quires or any further assistance, please contact Gulberg Islamabad Office directly: Address: IBECHS,[…]

Bahria Town Drag Race: Court allows payment of blood money

RAWALPINDI: The tragic drag car race organised by Bahria Town that caused the death of five spectators continues to drag on in court. On Tuesday, the chief executive of Bahria Town and two employees of the housing society moved the Lahore High Court (LHC) asking for their acquittal in the case after the legal heirs[…]

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