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Pakistan Property News & Trends

DHA Valley Islamabad: Delay in DHA project worries allottees

ISLAMABAD: Indefinite delay in the completion of the Islamabad Valley housing project of the Defence Housing Authority (DHA) is worrying thousands of investors in the scheme. “It was a shock for us when the DHA Valley management issued a letter asking the allottees to defer payment of last instalment (due on August 29) till further[…]

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[…]

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[…]

Dubai’s ruler signs off AED2bn real estate plan

Dubai’s ruler has approved an AED2bn ($554m) package to develop tourism, residential and commercial projects across the Gulf emirate, it was confirmed Thursday. The projects, which include the renovation of the Al Maktoum Hospital area, will be carried out by state-backed Wasl Asset Management Group, Sheikh Mohammed Bin Rashid Al Maktoum said in a statement[…]

UAE seen silent on extended property visas

The UAE’s move to grant three-year residency visas to owners of property worth more than AED1m may have been pushed to the back burner amid doubts it will succeed in spurring fresh activity in Dubai’s housing market. The UAE government said in June it would replace visas that require renewal every six months for some[…]

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[…]

Pakistan and the Silk Road project

Leaders from 12 nations are meeting in Istanbul on November 2 to plan a stable and independent Afghanistan after American withdrawal. Countries who will discuss regional economic cooperation in this context are: Afghanistan, Pakistan, India, Iran, Turkmenistan, Tajikistan, Kyrgyzstan, Saudi Arabia, Turkey, UAE, USA and the United Kingdom. This will be a prelude to the[…]

CDA auctions cattle market for Rs 6.5m

Islamabad: The Capital Development Authority (CDA) on Wednesday auctioned the temporary cattle market for Rs 6.5 million from Zilhajj 1 to 13 for sale and purchase of sacrificial animals. The temporary cattle market situated at old Afghan Basti, I-11 was auctioned for 13 days. The auction was held at the Directorate Municipal Administration.

Gwadar made winter capital of Balochistan

QUETTA: Balochistan Chief Minister Nawab Aslam Raisani has declared Gwadar as the winter capital of Balochistan. “Gwadar will be the winter provincial capital of Balochistan from Oct 21 to March 3,” the chief minister announced here on Wednesday. He directed all government departments to make necessary arrangements for implementing the decision. The proposal of making[…]

NHA plans Rs 462 billion projects

ISLAMABAD: National Highway Authority (NHA) is working on 58 schemes of 4259 Kilometres (km) long at cost of Rs 230 billion, while 47 projects have been planned with total length of 4315 km, which will be completed at an estimated cost of Rs 462 billion. National Highways Authority’s revenue amounts stand at Rs 12 billion[…]

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[…]

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