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Lahore Real Estate News

Bahria Town Lahore Rates by eProperty 01-11-2011

All rates are in Rupee Lacs. Given rates are for average locations plots, homes, commercials, files excluding average below and average above locations in Bahria Town Lahore. Note: Bahria Town Lahore Sector D files are availbale in market in minus price also. Short instalment paid plots has been cancelled. Bahria Town Lahore Sector D 2nd[…]

Ring Road toll tax to be levied within 2 months

LAHORE – Resolving the toll tax issue, the Lahore Ring Road Authority and National Logistics Cell agreed to allow NLC to charge toll tax on the Ring Road within two months in a meeting at the commissioner’s office on Saturday. Lahore Commissioner Jawad Rafique and Brigadier(r) Tariq Khan of NLC signed the deal between two[…]

LDA starts development work at Venus Housing Scheme Lahore

LAHORE (APP): Lahore Development Authority (LDA) has started development works in the Venus Town Housing Scheme, just before the auction of 48 mortgaged residential and commercial plots of this scheme on November 1.According to official sources,following its rules and regulations LDA had mortgaged 33 percent plots of this housing scheme and decided to sell out[…]

Bahria Town Lahore Rates by eProperty 24-10-2011

All rates are in Rupee Lacs. Given rates are for average locations plots, homes, commercials, files excluding average below and average above locations in Bahria Town Lahore. Note: Bahria Town Lahore Sector D files are availbale in market in minus price. 1st instalment is due. These plots are non refund able. In case of non[…]

Shortage of funds halts flyover projects

LAHORE – The City District Government Lahore has failed to arrange sufficient funds for the construction of mega project of ‘Canal Flyovers’ due to severe financial crunch, despite Punjab Chief Minister Shahbaz Sharif laid foundation stone previous month, sources informed The Nation.

Lahore Ring Road funds diverted to dengue drive

The Punjab budget for fiscal year 2011-12 included Rs14 billion for the construction of Southern Loop 1. Now the government is looking for investors to provide the funds for the rest of the Loop. SL1 is scheduled to be completed by June 2012. LAHORE: Funds reserved for the Lahore Ring Road have been shifted to[…]

LDA pulls a new scam in Johar Town

LAHORE – The Lahore Development Authority has managed to pull a new scam of 526 plots worth billion of rupees in Johar Town. To add a cherry on the cake, a major effort is underway to hide the big guns involved in the scandal, for which special instructions have been issued to LDA Directorate of[…]

Land scam: Real estate tycoon, aides may see names on ECL

Bahria Town Chairman Malik Riaz and son have gone underground after being accused in a major land fraud. LAHORE: The Punjab government has requested the interior ministry to place the names of real estate tycoon and Chairman of Bahria Town property Malik Riaz, along with his son Ahmed Ali Riaz, on the Exit Control List.[…]

PHA admits plaza land was rented

THE Parks and Horticulture Authority (PHA) on Tuesday admitted before the Lahore High Court that the land where the Liberty Park and Ride Plaza had been built was previously in the authority s possession and was rented out. The counsel for the PHA further stated in the court that the land in question was rented[…]

Agreement for Ashiana soft loan

LAHORE – Chief Minister Shahbaz Sharif has said that credit goes to Pakistan Muslim League-N for providing shelter to the common and poor people during the 64 years history of the country which materialized the dream of the poor of having their own house by launching Aashiyana Housing Project. He said that Aashiyana Housing Project[…]

DHA Lahore luxury coaster service started

LAHORE: A new bus service for travel within the Defence Housing Authority was launched at the Y-Block commercial area here on Wednesday. The DHA Lahore Coaster Shuttle Service consists of four air-conditioned buses, imported at Rs7.3 million each from Japan, that will cover all of Defence from Phase I to Phase V, making 28 stops[…]

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