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Islamabad Real Estate News

RAWALPINDI: RDA to start establishment of economic zone soon

RAWALPINDI: The Rawalpindi Development Authority (RDA) will start work on establishing an economic zone in Rawalpindi soon to speed up economic activities in the region, said RDA Director General (DG) Makeen Shahbaz on Saturday. He was talking to the business community during his visit to Rawalpindi Chamber of Commerce and Industry (RCCI) offices here.

CDA to build three pedestrian bridges on Expressway

ISLAMABAD: The Capital Development Authority (CDA) will construct three pedestrian bridges on Islamabad Expressway to facilitate the people in crossing the road. According to a press statement issued on Wednesday, the decision was taken in a meeting presided over by CDA Chairman Tariq Mehmood Khan. CDA member engineering, director general works and other senior officials[…]

Islamabad: F-10 to have largest library in South Asia

Islamabad: A public library of international standard is being set up in the posh sector of F-10 with a total cost of over Rs1 billion. Director General National Library Chaudhary Muhammad Nazir in a statement informed that Ministry of Education has acquired land from Capital Development Authority (CDA) in Sector F-10 and the price of[…]

Islamabad Expressway Open Today

ISLAMABAD: Prime Minister Yousuf Raza Gilani will formally inaugurate the Islamabad Expressway today (Tuesday), more than one and a half month after its completion. The Expressway was completed at a cost of Rs 877 million in a record time of eight months, almost four and a half months ahead of schedule.  Its expansion from three-lanes-a-side[…]

Islamabad: FBR asks LTUs to check CVT payment

ISLAMABAD (January 19 2009): The Federal Board of Revenue (FBR) has directed the Large Taxpayer Units (LTUs) to check non-payment of capital value tax (CVT) on buying and selling of property by housing/development societies. Sources told Business Recorder on Saturday that the FBR has taken the decision during last board-in-council meeting to probe investment and[…]

Investments abroad start flowing towards PakistanIslamabad

The Pakistan Economy Watch (PEW) said on Monday realty sector is showing some signs of improvement as investors disappointed with Dubai downtrend have started shifting capital to Pakistan. Many traders, industrialists, agriculturists and investors have lost their investments in the property slide in the Gulf and Middle East. The bust has relieved many mediocre Pakistanis[…]

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