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Pakistan Property News & Trends

Acceleration of pace of work directed

Peshawar—The Ministry of Communications has directed acceleration of the pace of work on Lowari Tunnel Project. The directives were given in an emergency meeting held in the headquarters of National Highway Authority (NHA) with Federal Minister for Communications Dr. Arbab Alamgir Khan Khalil in the chair.

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.[…]

Land scam: Ministry asked to put realtor’s name on ECL

RAWALPINDI: The Anti-Corruption Establishment (ACE) has written to the interior ministry to put the names of all accused in the Bahria Town land scam on exit control list, it has been learnt. An official, who is part of the four-member investigation team, told The Express Tribune that the ACE director-general, Rawalpindi, had requested the interior[…]

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[…]

CDA project becomes a dream

ISLAMABAD – The evergreen city Islamabad was built in 1960 to replace Karachi as Pakistan’s capital. A Greek firm of architects, Doxiadis Associates, drew up the master plan of Islamabad, triangular in shape with its apex towards the Margalla Hills. The planners designed the city to provide a healthy climate, pollution-free atmosphere, plenty of water,[…]

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[…]

LDA to launch new housing scheme

LAHORE, Oct 10: The governing body of the Lahore Development Authority (LDA) has decided to launch a new housing scheme on a piece of land measuring 4,361 kanals in the Punjab capital. The scheme will be developed along the road linking Khayaban-i-Jinnah and Defence roads. Presided over by District Coordination Officer and LDA Chairman Ahad[…]

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[…]

Bahria Town’s hospital

LAHORE – Bahria Town Chairman Malik Riaz Hussain has inaugurated one of the most modem Begum Akhtar Rukhsana Memorial Trust Hospital here on Friday, says a press release. An epitome of Malik Riaz’s commitment to social welfare causes, Begum Akhtar Rukhsana Memorial Welfare Trust Hospital Phase-8 is part of chain of hospitals in Bahria Town[…]

Urban Developers Launched Grand Avenue Housing Scheme Lahore

Urban Developers offers booking for Grand Avenue Housing Scheme Lahore located at Ferozpur Road Lahore. Residential Plots: 5 Marla Residential Plot at 675,000 10 Marla Residential Plot at 12,75,000 1 Kanal Residential Plot at 24,75,000 Commercial Plots: 4 Marla Commercial Plot at 25,00,000 Grand Avenue Housing Scheme Payment Plan for Local Pakistani: Grand Avenue Housing[…]

Arrest orders issued for Malik Riaz and Ali Riaz

ISLAMABAD – The Punjab anti-corruption director general on Thursday issued arrest orders for real estate tycoon Malik Riaz Hussain and his son Ahmed Ali Malik in a land transfer scam case. The Anti-Corruption Establishment (ACE) in Punjab had registered a case against Hussain, his son, general manager and eight others in a criminal case involving[…]

Pakistan gated community sparks controversy

Residents tout Bahria Town as a model for the government. Critics say the exclusive area, made possible by a partnership with the military, points up much that is wrong with Pakistan. Reporting from Rawalpindi, Pakistan— The houses and manicured lawns slope up the artificial hill edged by unbroken sidewalks and white picket fences, as children[…]

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