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Pakistan Property News & Trends

Bahria Town Lahore Rates by eProperty 27-09-2011

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 due on 5th October 2011. Market may decline more for Bahria Town[…]

CDA gets vacated land for D-12 road

ISLAMABAD: The Capital Development Authority (CDA) has got vacated the land meant for Service Road South of the Sector D-12, which was in adverse possession, says a press release. Director General Planning Ghulam Sarwar Sindhu led the force to got vacated the land from adverse possession and pave the way for construction of Service Road[…]

No electricity at H-9 Bazaar

ISLAMABAD – Whether it is scorching heat or freezing cold, the ultimate one are the people belonging to the lower middle class, already pressed hard by a series of unending problems. People often comment that one cannot blame nature all the time, as the problems we are facing man-made and lies somewhere within us, and[…]

Mini tourist train fails to attract visitors

Islamabad—The Mini Tourist Train project launched by the Capital Development Authority (CDA) costing millions of rupees, has failed to achieve its objective of providing recreational facilities to tourists and earning revenues. The tourist train was launched at the end of July to entertain the visitors and locals by providing them a unique travelling experience with[…]

Northern Strip: Greed leads to changes in site plan

ISLAMABAD, Sept 25: The Capital Development Authority has changed the site plan of the Northern Strip, a newly-developed 54-acre commercial and housing area in E-11 sector, to create more residential plots and earn extra money. “We have changed the site plan of the Northern Strip and increased the number of residential plots from 62 to[…]

MPCHS serves notice on CDA

ISLAMABAD – The Multi Professional Cooperative Housing Society (MPCHS) has served legal notice on the Capital Development Authority (CDA), asking it to immediately halt progress on its recently launched small housing colony, Margalla Retreat, in Sector E-11. MPCHS administration is of the view that without settling the Rs 2.036 billion claim, it had submitted with[…]

A cash bonanza for land mafia

1,397 cases of land disputes filed with district court in 3 months ISLAMABAD: With the launch of new housing societies and commercial areas in capital, the land mafia is flexing its muscles to make money that is resulting in increase in land disputes and people are approaching district courts, which have received 1,379 cases in[…]

LDA gives cheques for building collapse victims

LAHORE (APP): The Lahore Development Authority (LDA) has given compensation cheques each containing Rs 500,000 to the heirs of victims of building collapse in BOR Housing Society.LDA Vice Chairman, Amir Asghar Dar distributed cheques among the heirs of Ghulam Nabi S/O Muhammed Jahangir from Depalpur, Saifullah s/o Tajdin from Lahore and Bashir Ahmed s/o Rehmat[…]

CDA yet to establish new vegetable market

ISLAMABAD – The Capital Development Authority (CDA) has not yet materialised its two-year-old plan of constructing multipurpose fruit and vegetable market in the federal capital at Sangjani, creating several problems for the citizens. “The CDA planned to construct a multipurpose fruit market in the city two years ago. Under the plan, the new market would[…]

Senate committee reviews progress on E-35 project

ISLAMABAD: Senate Standing Committee on Communications on Saturday discussed and reviewed the progress of work on Hasanabdal Manshera Expressway Project (E- 35) during its meeting held in Haripur under the chairmanship of Senator Ismail Buledi and Senator Zahid Khan. Local MPA Assad Khan, National Highway Authority (NHA) chairman, the Hazara Division commissioner, Haripur deputy commissioner[…]

Plaza demolition by LDA goes ‘wrong’

LAHORE – As many as four labourers died and 23 were injured during the demolition of a five-storey building in Johar Town on Friday. The building is being demolished by the Lahore Development Authority (LDA) allegedly on a personal grudge of LDA Director General Abdul Jabbar Shaheen, Pakistan Today has learnt.

Housing scheme owner arrested

UNDER the directives of the Punjab chief minister and on a complaint lodged by the LDA authorities, Mustafa Town police have registered an FIR U/S 420,290,270,269,291 PPC and arrested Hafiz Abdul Waheed, one of the two owners of a housing scheme, for not laying sewerage and providing other facilities and running away with the deposited[…]

ACE raids LDA office: Mega plot files scam unearthed

LAHORE, Sept 22: The Anti-Corruption Establishment has unearthed a scam of tampering and misappropriating plot files and has recovered various files worth billions of rupees along with four registers in a raid on Lahore Development Authority’s Johar Town office on Thursday. The Lahore Development Authority (LDA) has already reported loss of these files and got[…]

CDA to return land it acquired

ISLAMABAD, Sept 22: Cash-strapped city managers have no money to pay for the land they had acquired years ago for settlement and want it returned to the owners. “We are seeking de-acquisition powers already enjoyed by civic authorities all over the country but which, somehow, don’t find place in the Capital Development Authority (CDA) Ordinance,”[…]

‘Decree’ on flyover funds puts CDGL in trouble

LAHORE – Due to severe financial crunch, the City District Government Lahore (CDGL) is in troubled water while arranging funds for the construction of ‘Canal Flyovers Project’, particularly after the announcement made by Chief Minister Mian Shahbaz Sharif on the occasion of foundation stone laying ceremony previous day that CDG will provide funds for the[…]

CDA warns public of bogus housing schemes

Islamabad: Capital Development Authority (CDA) has warned public to not buy a plot in Islamabad without going into details as only the CDA is authorized to announce such schemes. In its public notice, the CDA has made it clear that several private housing societies were engaged in the business while they had no NOC and[…]

First ever 50MW coal power plant to be installed in Sundar Industrial Estate

LAHORE – Punjab Industrial Estates Development and Management Company (PIEDMC) has completed preliminary study to install the country’s first 50MW coal power generation plant at Sundar Industrial Estate, Lahore. The proposed power plant will generate cheaper electricity even below WAPDA tariffs. PIEDMC Chairman SM Tavneer disclosed that the board of directors had constituted a power[…]

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