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Islamabad Real Estate News

Islamabad: Another attraction added for visitors of Saidpur village

Surrounded by lush green trees in the tranquil setting of centuries-old Saidpur village, a wooden kiosk undoubtedly added to the beauty of the area while maintaining traditional look of the well-preserved tourist spot. Situated at the beginning of road leading to the Saidpur village, the kiosk meant for serving traditional food items to the tourists[…]

Islamabad: CDA gives plots to non-deserving employees

In utter violation of the rules and regulations as well as the verdict of the Supreme Court of Pakistan, the Capital Development Authority (CDA) has allotted plots worth billions of rupees to the officers who had joined the CDA on deputation or allotted more than one plot to the same employee, The News has learnt.

Islamabad : Work on new airport enters 2nd phase

ISLAMABAD: The construction work on new Islamabad airport project has entered the second phase. The new airport project is scheduled to be completed by end of 2010 and it would offer international standard facilities to 6.5 million passengers besides handling of 100,000 metric tonnes of cargo annually. According to Civil Aviation Authority (CAA) sources, the[…]

Islamabad: Capital’s housing shortage becoming worse

ISLAMABAD: The shortage of houses has aggravated in the capital because new residential units have not been built for long. A, B, C and D type flats have been built for government employees in different residential sectors. Since the demand for residence is growing, the government employees to whom the flats have been allotted used[…]

CDA gets I-15 development plan

ISLAMABAD: A consultant firm, Design Men, has handed over I-15 development plan to Capital Development Authority (CDA). An official said that the CDA would select firms for I-15 development work. He said that tenders in this respect had already been floated. He said that interested firms would submit applications to the CDA for pre-qualification by[…]

Govt mulling to impose property tax in next budget

ISLAMABAD: Government is seriously considering imposition of property transfer and capital value taxes in the next budget, it was learnt here Monday. Brokers community has been demanding from the government imposition of property transfer and capital value taxes in the past that was not met.

Islamabad: Rent Control Act be promulgated soon

ISLAMABAD: President of Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ijaz Abbassi, in a meeting with Hamid Ali Khan, Chief Commissioner of Islamabad emphasized for the revival of one-third of registration charges on transfer of property on gifting to the blood relations, which is now being transferred at full charges.

Rs 1b Islamabad Club to be built in F-12 sector

The Capital Development Authority (CDA) has decided to construct the Islamabad Club in F-12 sector at a cost of Rs 1 billion. CDA Chairman Kamran Lashari said that the authority had acquired 70 acres for the project and the club would be constructed on 40 acres, adding that on the remaining 30 acres of land,[…]

Chinese mulling investment in DHA Islamabad

A Shnghai Construction Company delegation on Thursday visited the DHA in Islamabad to look for a site for the development of a resort, a hotel, villas and housing sectors. DHA Vice President Maj Gen Zakaud Din Malik said he was optimistic that such collaboration of two developers would strengthen the ties between Pakistan and China.[…]

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