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Islamabad Real Estate News

CDA approves four projects worth Rs 42.5m

The Capital Development Authority (CDA) has approved four projects worth Rs 42.5 million to install security streetlights on two national highways. The project concept (PC-1) has been prepared while the construction work will start next month.

PAC seeks CDA briefing over allotment of plots

The National Assembly”s Public Accounts Committee (PAC) has sought explanation from the Capital Development Authority (CDA) on issues such as allocation of a plot to a private company for the construction of a fast food outlet in F-9 Park, construction and allotment of a rest house at Pir Sohawa and allotment of plots for five[…]

Capital to have state of the art movie theatre

In a first ever step towards introducing a world-class movie-going experience to people of Pakistan by building state of the art movie theatres in urban cities of Pakistan, Cinepax performed the groundbreaking ceremony of an entertainment complex in collaboration with the Capital Development Authority (CDA) at the Club Road on Thursday.

G-6 bazaar to be ready by year end

The reconstruction and upgrading of sector G-6 weekly bazaar would be completed by the end of this year, an official of Capital Development Authority told The Post Sunday. According to details, the CDA has assigned the contract of renovation and reconstruction to an Islamabad based private construction company. Some 1,800 stalls would be constructed in[…]

G-9 facing acute water shortage

The largest residential area of Islamabad in G-9/2 is facing extreme shortage of water, residents say. The residents protested against the Capital Development Authority for failure to supply sufficient water in the area.

CDA to acquire land for new sectors in six months

After approaching the Islamabad Capital Territory (ICT) administration for receiving complete record about the land of sectors E-13, F-13 and D-13 a few days ago, the Capital Development Authority (CDA) now believes the process is likely to take six months for its completion and from then on, it will start acquiring land from their owners[…]

Real Estate Investment Trust Regulation 2008 issued

ISLAMABAD: Securities and Exchanges Commission of Pakistan (SECP) has notified the Real Estate Investment Trust (REIT) Regulations 2008. REIT will provide an opportunity to the general public to pool funds for investment in the real estate sector. It is introduced in a trust structure where the property itself will be vested in the name of[…]

CDA plans tunnel from parliament to lodges

The Capital Development Authority (CDA) is preparing a proposal for construction of a tunnel between Parliament House and Parliamentary Lodges, CDA Chairman Kamran Lashari said on Monday. Lashari said that National Assembly Speaker Chaudhry Amir Hussain had directed the authority to prepare a feasibility report on the project. “The authority is working on the proposal[…]

Grade 14 and above Draws for allotting plots to CDA employees next week

Constituted to finalise names of 500 eligible employees from grade 14 to grade 16 for the allotment of residential plots in Islamabad, a Capital Development Authority committee will submit its report to chairman Kamran Lashari today (Tuesday) for mandatory approval. Plots will be allotted through secret balloting likely to take place next week, according to[…]

Master planned community project Canyon Views rolled out

Emaar Pakistan has rolled out its first master-planned community in Pakistan, the Canyon Views, a statement issued here on Friday said. A mixed-use development integrating residential, commercial, leisure and retail components, Canyon Views is located within the DHAI Phase 2 extension in Islamabad, the capital city.

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