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Islamabad Real Estate News

Highway project cost rises to Rs21bn

ISLAMABAD, Jan 22: The cost of Makran Coastal Highway (N-10) has increased to Rs21.4 billion from its earlier estimated cost of Rs15 billion. The phenomenal rise in the cost can be attributed to torrential rains of 2003, 2005 and 2010 which badly damaged Lyari-Ormara and Ormara-Pasni sections of the highway.

CDA clarification

Islamabad: The Capital Development Authority clarified a report published in ‘The News’ on January 20, 2011, regarding contract for the construction of Parliament Lodges, Phase-II.

Unauthorised use of CDA vehicles

No occupant returns vehicle despite Cabinet Division’s instructions CDA officers and political personalities including Punjab Governor and former advisor to prime minister Sardar Latif Khosa using CDA vehicles ISLAMABAD: Unauthorised use of Capital Development Authority’s (CDA) vehicles by political personalities and CDA officers is continuing despite the Cabinet Division’s directions to recover the vehicles worth[…]

PAC meeting: Auditor-general sends Rs120 billion ‘bill’ to army

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[…]

Gilani for political consultation to overcome economic situation

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[…]

CDA launches Parliament Lodges Phase-II

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[…]

Land acquisition: PAC expresses resentment over CDA's inefficiency

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[…]

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