Islamabad Real Estate News

The Board of Investment (BoI) EDG Raizul Haq Tuesday visited the Centaurus Project at Islamabad being developed under a joint venture between Saudi and Pakistani Group where construction is in full swing.

ISLAMABAD: The residents of sectors G-9, F-10, I-9, I-8 and G-8 have complained that most of houses in their areas are being converted fast into small hotels and rest houses. Voicing concern over commercial use of residential quarters, they urged the authorities concerned to redress their grievances.

ISLAMABAD: The government has signed a memorandum of understanding (MoU) for the construction of 30,000 houses in Lahore and Faisalabad on Thursday. The proposed low-cost housing project is a joint venture between the Pakistan Housing Authority and M/S Shaukat Saleem. The houses will be built at the Defence and Bedian roads, Lahore and the Sargodha[…]

The Capital Development Authority (CDA) missed yet another deadline to open Faisal Avenue underpass at Citibank Chowk. Despite clear-cut directives from CDA Chairman Kamran Lashari, the Engineering wing of the authority failed to implement orders to open the underpass by September 15. Lashari in his directives, while extending deadline, had asked the construction firm to[…]

Like many other projects, including the much-trumpeted Ring Roads, the plan to build Complex and Business Centre at the site of old Wasa and RDA office has also been reportedly dropped.

ISLAMABAD: The National Accountability Bureau (NAB) will die an unsung death by the middle of the next month as its funds have dried up and no major political party is interested in reviving it.

Capital Development Authority (CDA) seems reluctant to take action against cell phone towers on rooftops, posing threat to human lives or installed without prior permission.

ISLAMABAD: The NWFP authorities on Saturday successfully completed their operation to get 6,049 kanals of the government land vacated in Dera Ismail Khan from the illegal possession of close associates of Maulana Fazlur Rehman and ex-chief minister NWFP Akram Khan Durrani.

ISLAMABAD: Capital Development Authority (CDA) has decided to install musical fountains at Rawal Lake View Park, sources said. They said the fountains having height of 50 meters would be imported from Europe and run by computers. They said musical tunes would open and close the fountains and change colour of watercourse of the lake. They[…]

ISLAMABAD: The government is working on a proposal to introduce a dollar-based national saving scheme instrument for expatriates to attract dollars in the country, a senior government official told The News.

Children play land, located in F-9 Park, has been opened on trial basis while the formal inauguration of the park will be held after Eidul Fitr. The children play land, covering a 10-acre area, has several attractions for children aged 3-13 years including swings of international standard, imported from Finland and China. The park, which[…]

RAWALPINDI: Planning Commission Member (Monitoring and Implementation) Muhammad Zubair on Friday directed Frontier Works Organisation (FWO) to complete work on the Rs 1.4 billion worth of Airport Road widening and remodeling project by September 30.

RAWALPINDI: Special Judge, Central, Shaukat Ali Sajid on Thursday adjourned till October 7 hearing into an appeal by the National Accountability Bureau (NAB) for speedy trial of corruption references against Pakistan Muslim League-Nawaz (PML-N) chief Muhammad Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif.

ISLAMABAD: The federal capital is witnessing an alarming increase in incidents of robbery, car theft and fake cheques, as the Islamabad Capital Territory (ICT) Police registered 26 robbery, 21 car theft and 32 fake cheques cases in the current month only.

ISLAMABAD: Critics have questioned the Capital Development Authority’s (CDA) continual delay over starting work on the mega Zero Point Interchange Project.

The project of new parade ground along Islamabad Highway near Garden Avenue is in doldrums due to non-availability of budget. The venue is unlikely to be ready for the next year’s Pakistan Day parade.

Adding another new feature to entertain visitors at the Lake View Park, the Capital Development Authority (CDA) has unveiled a plan of running a train in the area that would be a 30-minute ride.

The Rose Cinema administration has claimed that it was the sole owner of the 1.7 kanals of land adjacent to the District Headquarters Hospital and it has not signed any lease agreement with the Tehsil Municipal Administration.

A poor family lost its hard earned money in a fake housing society namely Naasrat Town in Soan Village after its owner left the country and now settled in Dubai.

Islamabad: Pakistan Telecommunication Company Limited has warned it customers to beware of fraudulent elements offering the Life Time Package for Rs400, coupled with other services of PTCL in their door to door marketing campaigns, says a press release.

ISLAMABAD: Heightened security prompted by a spate of recent bomb blasts has virtually turned Islamabad into a barricaded town with picket fences and concrete blocks staring residents in the face.

ISLAMABAD (August 07 2008): President Pervez Musharraf will leave for China on Thursday to attend the Olympics opening ceremony in Beijing. “In view of our special relations with China, the President has decided to attend the opening ceremony of the Beijing Olympics,” Foreign Office spokesman said in a statement.

ISLAMABAD: As many as nine national and international companies have submitted their bids for 1,000MW independent power plants and 500MW rental private power plants.