Real Estate News from Pakistan

FWO wins Ring Road contract from RDA

Rawalpindi: In a mega project for Rawalpindi Ring Road, Rawalpindi Development Authority (RDA) has awarded a contract worth Rs22.8 billion to Frontier Works Organization (FWO). As part of the project, FWO submitted a bid that was Rs300 million cheaper than the estimated cost. In the past few months, the project's route had given the government a bad name after two cabinet members were implicated in an...

RDA Warns Citizens to Invest in Illegal Housing Schemes

RAWALPINDI:Β The Rawalpindi Development Authority (RDA) has condemned the unauthorised construction of housing projects. In an interview with the media, Director-General Tahir Zafar Abbasi of the RDA has disclosed that several illegal and unauthorised housing schemes are operating without getting the civic agency's no-objection certificates (NOCs). The Director-General also ordered the authorities...

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Work on Rawalpindi’s urban development has resumed following the release of funds

Rawalpindi: On Wednesday, the Deputy Commissioner (Rawalpindi) signed the documents releasing payments to contractors in Rawalpindi city areas after a three-month break. Construction has once again resumed on all the development schemes for Raja Bazaar, Asghar Mall, Sadiqabad, City Saddar Road, Muslim Town, Defence Road, Adiala Road, Commercial Market, Satellite Town, Pindora, Liaquat Bagh, Tipu Road,...

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Illegal Buildings Demolished in Allama Iqbal Town, Sabzazar and Multan Road Area

The Town Planning Wing of Lahore Development Authority (LDA) has demolished numerous unlawful systems in diverse metropolis regions right here on Saturday. The operation in opposition to unlawful buildings turned into finished with the aid of using Town Planning Wing Zone-II crew in Allama Iqbal Town, Sabzazar and Multan Road area. A big contingent of police and the LDA’s enforcement wing had been gift...

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CDA Board Approves Land For Two Varsities In 𝐈𝐬π₯πšπ¦πšπ›πšπ

The land is approved by the Pakistan Institute for Development Economics (PIDE) of the University of Pakistan and the Faculty of Special Education of the National University. On Tuesday, the Board of Directors of the Capital Development Authority (CDA)Β  approved the allocation of land to two universities in Islamabad and the Federal Investigation Agency (FIA). It was also decided to build the first...

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MOCC Introduced Environmental Audit of Housing Schemes

The Ministry of Climate Change will accelerate its efforts to ensure environmental audits of housing developments in order to maintain the natural habitat in the face of rising construction activity. According to the information, the federal government introduced a National Environment Policy that is unanimously accepted by the provinces. "Now, the federal government is going to make a deliberate effort,...

A Waterfall has been Repaired in F-9 Park by the CDA

The Metropolitan Development Authority (CDA) has restored an inoperable waterfall in F9 Park after construction and repairs have been completed. Authorities are also working on a number of projects to provide the best leisure facilities for residents of the federal capital, the spokesman said on Sunday.Β  He also stated that the waterfall area is connected to the Islamabad Art Gallery in F9 Park. The...

Big Relief in the Construction Sector

Big Relief in the Construction Sector as Prices of Steel bar has been decreased

Steel bar manufacturers have lowered costs by Rs5,000 per tonne due to weather-related project delays across the country. Syed Wajid I. Bukhari (PALSP), General Secretary of the Pakistan Association of Large Steel Producers, stated the new pricing in the northern region is now Rs188,000-189,000 per tonne, while rates in the southern region are between Rs193,000-194,000 per tonne. As part of the market...

Land Records will be Computerized

Soon, Land Records will be Computerized

The Babar Hayat Tarar Revenues Commission visited the Punjab Land Record Office (PLRA) on Wednesday. PLRA, Executive Secretary Sohail Ashraf, explained the performance of government agencies. The Revenue Appellate Body said a project to computerize the city's land register and all maps would soon begin in collaboration with the Punjab State Government and the World Bank. These initiatives will computerize...

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