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SBL opens new branch in DHA

KARACHI: Samba Bank Limited (SBL) has opened a new branch in DHA Khayaban-e-Ittehad, Karachi. Commenting on the occasion, President & CEO Samba Bank Limited Tawfiq A Husain said SBL is constantly improving its footprint in Pakistan, while developing and promoting its alternate distribution channels. “In May this year, we opened a new branch in Hyderi,[…]

Residents take DHA to court

KARACHI: Eight petitioners and the Defence Society Residents Association have taken the Defence Housing Authority (DHA) to court for levying refurbishment charges on the housing society’s plot owners. The petitioners maintain that in May 2009, DHA’s governing body decided to levy refurbishment charges in Phases I to VII at different rates, varying from Rs150 per[…]

Prices double over one year

KARACHI: After a prolonged recession in the real estate market, commercial projects seem to be the first to witness some sunshine as prices of retail outlets have more than doubled over the past year – mainly on the back of a surge in demand. Karachi alone has witnessed the opening of five shopping malls over[…]

100 years of property records lost

LARKANA: It appears that the Taluka Municipal Administration may have lost one hundred years of the city’s property records, revealed sources unwilling to be named. All records for Sachal Colony, Sheikh Zaid Colony and the Old Bus Stand area as well as for 1,000 other plots have been lost, paving the way for illegal constructions,[…]

PM House pressuring to sell land to Arabs: Bhootani

QUETTA – Speaker Balochistan Assembly, Muhammad Aslam Bhootani has revealed that Prime Minister House is exerting pressure on Balochistan government to sell land to Arab Sheikhs in his constituency in district Lasbela near coastal highway. He warned that people of Balochistan would resist if the proposed land was sold to Arab Sheikhs. Addressing a Press[…]

NHA Chairman arrested in Shershah bridge collapse case

KARACHI: The police on Saturday arrested Chairman National Highway Authority (NHA) Chaudhry Altaf, and two other senior officials after Additional District and Session Judge, West, Gulshan Ara Chandio rejected the interim Challan submitted by the investigation officer into the Shershah bridge collapse case, and ordered the arrest of the officials. However, former chairman NHA, Major[…]

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