Islamabad Real Estate News

ISLAMABAD: The massive development of Fatima Jinnah Park could run into problems sooner or later with Capital Development Authority (CDA) facing a serious liquidity crunch.

ISLAMABAD: Popularly known as a moneyed civic agency, Capital Development Authority (CDA) is reportedly so strapped for cash that it has asked its directorates, especially one dealing with estate, to auction government land in the town to meet expenditures.

ISLAMABAD: Capital Development Authority (CDA) Chairman Tariq Mehmood Khan on Saturday directed that the people allotted plots in Sector I-11 be given their possession within 45 days.

RAWALPINDI: Punjab Chief Minister Shahbaz Sharif on Friday inaugurated work on the Elevated Expressway to be built over Benazir Bhutto Shaheed Road from the Mall to Faizabad.

ISLAMABAD: The Capital Development Authority (CDA) is planning to hold property exhibition and road show in Dubai with the objective to attract foreign investment in the real estate sector in Islamabad. These events aim to generate funds for development projects planned by CDA and to bring the scarce foreign exchange into the country.

Prime Minister Syed Yousuf Raza Gilani has directed the new Capital Development Authority (CDA) Chairman Tariq Mehmood Khan to complete ongoing development projects within the stipulated time frame.

Punjab Chief Minister Mian Shahbaz Sharif will lay the foundation stone of the Elevated Expressway project here today (Thursday).

Central Board of Film Censors (CBFC) will set up a film complex in the capital carrying all necessary information about Pakistani film industry. This was stated by Barrister Malik Shahnawaz Noon, newly appointed chairman CBFC in an exclusive interview with APP here Tuesday.

ISLAMABAD (January 14 2009): Capital Development Authority (CDA) has awarded Environmental Impact Assessment (EIA) study report of Kashmir Highway project to National Engineering Services of Pakistan (Nespak). This was stated by Tahir Shamshad, Member Engineering of CDA, a press release issued here on Tuesday stated. The report would be completed within 45 days and presented[…]

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the Economic Co-ordination Committee (ECC) of the Cabinet to provide full political support and backing to prove alleged cartelization in the cement and sugar sectors.

Islamabad: The Capital Development Authority (CDA) administration on the directives of the federal government has decided to construct a safety wall around the newly created red zone.

ISLAMABAD: Capital Development Authority (CDA) is likely to give a presentation to President Asif Ali Zardari by end of this month on its plan to attract foreign investment in various sectors of the metropolis.

Islamabad: Capital Development Authority (CDA) has decided to construct a Club House at Super Market in Sector F-6 Markaz with a total cost of Rs10 million on an area of 5,000 square yards.

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is scheduled to meet on Tuesday (October 7) to consider revised incentive package for Gwadar Export Processing Zone (G-EPZ), official sources told Daily Times on Saturday.

ISLAMABAD: France has shown interest in funding Capital Development Authority’s (CDA) Rs 6 billion project to up-grade decades old water supply system, an official told Daily Times on Tuesday.

The Faisal Avenue underpass at Citibank Chowk was opened for traffic on Tuesday meeting the deadline of September 30 given by CDA Chairman Kamran Lashari.

ISLAMABAD: Housing and Works Minister Rahmatullah Kakar has admitted in the Senate that this government has allotted 208 flats out of turn.

A sub-committee of Senate’s Functional Committee on Government Assurances has directed the CDA to allocate a plot for the construction of a full-fledged hospital in the federal capital in consultation with the Ministry of Health.

The Capital Development Authority (CDA) started carpeting of the Faisal Avenue underpass road at the Citibank Chowk here on Thursday to give final touches to the project.

The Capital Development Authority (CDA) will offer a large semi-commercial plot behind the devastated Marriott Hotel for open auction shortly. Sources in the CDA told ‘The News’ here on Wednesday that the plot is likely to fetch over Rs2 billion because of its size and ideal location.“We will call applications from interested parties for auctioning[…]

Federal Minister for Housing and Works Rehmatullah Kakar has announced two per cent quota for non-journalist staff of media organisations in future housing schemes including Prime Minister’s housing scheme.

RAWALPINDI: The Punjab government has approved 11 development projects, to be launched in Rawalpindi, and allocated Rs 1.67 billion funds for them, sources said.

ISLAMABAD: The government has taken serious notice of failure of Capital Development Authority’s Disaster Management Cell (DMC) in extinguishing fire that reduced Marriott Hotel to ashes after a suicide bombing and has ordered an inquiry against the civic body to fix the responsibility. Sources told this news agency on Tuesday that the government had provided[…]

ISLAMABAD: Kashmir Highway has become a white elephant for the finance department of Capital Development Authority (CDA) as it has consumed million of rupees during the last few years and the civic body is again set to spend Rs 800 million on its expansion and rehabilitation work starting next month.