Bahria Town Starting Housing Projects in Karachi and Sialkot
Bahria Town Starting Housing Projects in Karachi and Sialkot.
Imagining cities: DHA city’s ‘master plan’ ready to go
KARACHI: The Defence Housing Authority (DHA) executive board unveiled the final plan for DHA City Karachi (DCK) – a residential-cum-commercial project to be built on Super Highway. The board met on Monday to reveal the master plan for the project that, according to DHA Administrator Brig. Aamer Raza Qureshi, should be ready for people to[…]
Building projects: Senate body probes why Lyari Expressway project overshot 2007 deadline
KARACHI: Lyari Expressway officials claim that the stagnation of the expressway’s project came down to the Sindh government’s “lethargic attitude” while the communication standing committee bashed the builders for using “substandard materials” on roads. On Thursday, the Senate standing committee on communication met with Senator Wali Muhammad Badini at the National Highway Authority (NHA) office[…]
HA to build several road projects on BOT basis: Chairman
ISLAMABAD, Oct 16 (APP): Chairman National Highway Authority Syed Muhammad Ali Gardezi said on Sunday that NHA has decided to undertake several major highway projects through public-private partnership on Build-Operate-Transfer (BOT) basis. In the first phase the NHA plans to build Hyderabad-Karachi Motorway (M-9) project under the BOT arrangement which would also encourage other private[…]
IT City Karachi inching towards 1st phase
KARACHI – A request letter for the site plan and mutation for developing the first phase of the Information Technology (IT) City Karachi has been sent to the Sindh Board of Revenue’s Land Utilisation secretary, whereas preparation of tender for selecting a developer for the project’s master planning is under way.
CDGK to complete Mehran Highway in six months
KARACHI – he construction of the Mehran Highway would be completed within six months, said the City District Government Karachi (CDGK)’s authorities on Monday. Development work on this road from Hospital Roundabout to Bhains Colony and up to Machine Tool Factory is already under way, whereas the Revenue Department has been directed to remove land[…]
State Bank of Pakistan (SBP) slashes interest rate to 12 percent
KARACHI: In an attempt to boost private sector credit and investment, the State Bank of Pakistan (SBP) on Saturday slashed the policy rate by 150 basis points to 12 percent, but the expected rate cut proved much higher than its projections.
HBFCL launches home renovation loan scheme
KARACHI: House Building Finance Company Limited, HBFCL, (formerly known as House Building Finance Corporation Limited), has launched a new financing scheme called “HBFCL Renovation Loans” to especially facilitate lower and middle income groups.
Final master plan model of DHA City Karachi presented
Main features include topography, residential sectors, business district, road networks and amenity areas KARACHI – The final master plan model of the Defence Housing Authority (DHA) City Karachi was presented at a meeting on Monday. The meeting of the DHA City Karachi’s steering committee was chaired by the authority’s administrator Brig Aamer Raza Qureshi, according[…]
Karachi Real Estate – The Lost Glory and the Current Crisis
For decades, Karachi has been the hub of more than just the economy, culture, trade and education. Unfortunately, though the charm posed by the city for the dwellers a few years ago is dwindling ever so abruptly. Karachi plays home to almost all ethnic groups of Pakistan which move about in the tightly knit communities.[…]