Learn, Share & Grow
KARACHI: Private sector has improved its borrowing record in the first half of the current fiscal but the banks massive investment in treasury bills showed that the advances were much below the requirement of the market.
KARACHI: The Sindh High Court (SHC) on Monday issued notices for January 21 to the Inspector General of Police (IGP) Sindh, Regional Police Officer (RPO) Hyderabad, former Taluka Nazim Tando Allahyar Haji Khair Muhammad Khokhar, Aftab Ahmad Khokhar, Aijaz Khokhar, District Police Officer (DPO) Tando Allahyar and other police officials on a petition filed by[…]
HYDERABAD, Jan 17: Builders are warned against delay in handing over projects to allottees or making alterations in building specification. Chairman National Accountability Bureau (NAB) Justice ® Syed Deedar Husain Shah said that any negligence in this regard would be liable to prosecution under the law.
The Defence Housing Authority (DHA) has once again postponed collection of its controversial refurbishment charges from its residents for three months.
ISLAMABAD: Majority of Pakistanis who never paid a single penny as taxes throughout their life are highly qualified, live in the most expensive locations like the DHAs in Karachi and Lahore, have their accounts in foreign banks and make frequent travelling abroad, disclosed a study.
Like any other country, the buying and selling of real estate in Pakistan is governed by certain laws that you need to abide by, when making real estate transactions in Pakistan. There are four main laws that impinge on the buying and selling in Pakistan real estate.
There are so many misconceptions and pre-conceived notions about Pakistan. The Western Media presents Pakistan as a perilous, horrible, and simply poor country.
Residents of the Defence Housing Authority have prepared a report against the DHA administration for demanding hefty “refurbishment charges” from property owners.
The Executive Board of the Defence Housing Authority (DHA) on Monday took serious notice of the non-functional status of the DHA Cogen Power and Desalination Plant, which has exacerbated the problem of water scarcity in the 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,[…]
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[…]
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[…]
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,[…]
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[…]
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[…]
President briefed on progress of Zulfikarabad city project Zardari directs launch of robust promotional campaign by holding road shows abroad KARACHI: Site for the new proposed city Zulfikarabad in Thatta district has been identified and management consultants of the project will be appointed next month followed by inviting Expressions of Interest (EOI) from international firms[…]
Karachi: With a rapidly increasing number of vehicles plying the roads and the city spreading in all directions, the City District Government Karachi (CDGK) has planned to build more flyovers for easing traffic flow.
Administrator Karachi Fazlur Rehman on Monday approved the construction of flyovers on three roundabouts in the city. Rehman directed the city government’s Works & Services Department to allocate funds for the construction of a flyover each at Shahra-e-Pakistan (near Water Pump), SITE (near Habib Bank Chowrangi) and Dr. Ziauddin Road (near Shaheen Complex) in the[…]
Karachi: Hundreds of acres of land has been occupied by the Pakistan Army for developing a new cantonment area in Karachi, it was stated in the Sindh Assembly on Tuesday.
Islamabad: Capital Development Authority (CDA) is taking steps to encourage private sector to invest in different housing and recreational projects, said CDA Chairman Imtiaz Inayat Elahi.
The master planning exercise of the recently launched Defence Housing Authority’s (DHA) residential-cum-commercial project on Super Highway, DHA City Karachi (DCK), is proceeding ahead on a fast track basis as per the stipulated schedule.
KARACHI: The year is 2000 and you have just received a crisp one thousand rupee note from a distant uncle on Eid. Being the prodigious aspiring investment banker that you are, you invest the amount and look forward ten years into the future. A decade later, a real estate investment would be worth Rs2,195, a[…]
Karachi: Defence Officers Housing Authority’s (DHA) City’s master and town planning would complete by 2011 while around 30,000 residential and commercial plots have been allotted to the people in Phase-I.
KARACHI: Despite the many real-estate booms and busts that the Pakistani property market has gone through over the last two decades, most individual investors remain convinced that land remains a good, long-term investment. Yet, while this assertion may well be true (there is no empirical evidence either way), investing in land may not always be[…]
Karachi: The Sindh government has decided to forcefully counter the increased land grabbing in Karachi in the courts, besides taking administrative steps to curb the menace. A high-level meeting was held in this regard on Wednesday, with Sindh Law Minister Ayaz Soomro in chair, attended by officials of the board of revenue, and land utilization[…]
