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Pakistan Property News & Trends

DHA installs 120 security cameras

The Defence Housing Authority (DHA Lahore) has said that it had installed 120 modern security cameras at all entry and exit points of the DHA for round-the-clock electronic surveillance of important spots of the posh neighborhood of the city.

Gwadar: lack of infrastructure

The Gwadar port began operations in 2008 and due to its inherent strategic and economic benefits; the potential for the province of Balochistan to capitalise on the development of the project was promising. The outlook for the future continues to hold potential for the region and for the country as a whole because Gwadar has[…]

Construction of highrise building in Qasimabad, Hyderabad approved

Karachi—Approval has been accorded for the construction of first highrise building in Qasimabad, Hyderabad. This was announced by an official of the Sindh Building Control Authority (SBCA) here on Friday. The Director General SBCA, Manzoor Qadir chaired the meeting in which the plan of the proposed ground plus nine-storey building in Qasimabad, Hyderabad, was presented.[…]

NHA chairman for completion of projects in time

ISLAMABAD: National Highway Authority (NHA) Chairman Muhammad Ali Gardezi has taken serious notice of delay in execution of projects and the issue of increase in cost of the projects and warned that the project directors should follow the timeline and complete the project in time. If the cost is increased due to any fault, the[…]

Bahria Town mosques open

LAHORE (PR) – Ahmed Ali Riaz Malik, Chief Executive Bahria Town inaugurated Sector E and D mosques in Bahria Town Lahore on Thursday. Prayers for the success and prosperity of site and the country were held on the occasion. Bri (r) Ahad Executive Director Bahria Town Lahore, Shahid M Qureshi, advisor to the Chief Executive[…]

Making Gwadar Port fully operational

The National Assembly’s Standing Committee on Ports and Shipping on Thursday expressed deep concerns over painfully slow progress of Gwadar Port project. The body, which met here with Rana Mahmood-ul-Hassan in the chair, expressed apprehensions that the port, which has been already developed, has no roads networks to connect it with rest of the country.

PM orders shifting of Ravi Toll Plaza

LAHORE-Chairman Evacuee Property Trust Board (EPTB) Syed Asif Hashmi on Thursday announced that Prime Minister Yousuf Raza Gilani had issued orders for shifting of Ravi Toll Plaza from Ravi Bridge to some outside location to meet a long standing demand of Shahdra residents who had to pay the toll tax unnecessarily like other commuters traveling[…]

Gwadar Port : Hidden forces creating hurdles in development

ISLAMABAD: The legislators on Thursday expressed their apprehensions that some hidden forces are behind the scene creating hindrance in the full functionality of Gwadar Port, which is already developed but cannot complete its roads connectivity with rest of the country. Members of the National Assembly Standing Committee on Ports and Shipping expressed these views during[…]

LDA auctioned 8 plots

LAHORE – A total of eight plots, including two commercial as well as six residential chunks of land situated in various housing schemes of LDA were auctioned against a sum of Rs 41.79 million by the Lahore Development Authority on Thursday. Open auction of 24 residential and 11 commercial plots of different housing schemes was[…]

Another road in Lahore?

The Punjab University was founded in 1882. The history of its creation and founder, the Anglo-Hungarian orientalist Gottlieb Wilhelm Leitner, are remarkable but better served in another column. In 1960, the university constructed a New Campus (now known as the Quaid-e-Azam Campus) on 1800 acres of land along the Lahore Canal. The New Campus was[…]

AKD opens the door on another

KARACHI: Broker and investor Aqeel Karim Dhedhi is launching a luxury apartment project in Defence Housing Authority (DHA), just weeks after he received a tremendous public response on another housing project. The Arkadians, being built in phase VIII on the beach, will be available for sale by the end of February 2012 when the foundations[…]

LDA seeks outside help for parking plazas

LAHORE – The Lahore Development Authority has proposed over a dozen new development projects for the provincial capital including construction of Moon Market Parking Plaza by generating funds from its own resources and other nine out of 10 parking plazas in partnership with the private sector, an insider informed this scribe on Monday.

Illegal allotment by CDA caused losses of billions

ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry on Monday remarked, during hearing of a suo motu notice, that illegal allotment of over 4,000 plots by the Capital Development Authority (CDA) has caused a loss of billions of rupees to the national exchequer. He was heading a three-member bench also comprising Justice Khilji Arif Hussain and Justice[…]

Bahria Town Lahore Sector E

Bahria Town Lahore announced Sector E for booking. Booking available for residential plots of 5 Marla, 10 Marla and 1 Kanal size. Last Date to submit forms 6th February 2012. Bahria Town Lahore Sector E Payment Schedule Bahria Town Lahore Sector E Terms and Conditions Bahria Town Lahore Sector E Booking Form Bahria Town Lahore[…]

Dubai to have 23,000 new homes this year

Nearly 23,000 new housing units will enter Dubai’s market this year while around 18,000 are expected in Abu Dhabi to put further downward pressure on rents in the two emirates, a newspaper reported on Monday. At least 13,000 housing units were supplied in Dubai in 2011 while nearly 10,000 entered Abu Dhabi, the semi official[…]

Palm Jumeirah residents call police to unlock doors

DUBAI: Residents of Palm Jumeirah’s luxury Shoreline towers yesterday urged police to unlock the back door of a building closed by its developer in a row over beach access. The crowd met in a lobby trying in vain to have officers open the entrance, which was shut by Nakheel to stop residents using the beach.

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