Real Estate News from Pakistan

CDA Formed an Inquiry Committee to Investigate D-13/2 Plots Allotments

  Islamabad: According to a news source, CDA has formed a formal inquiry committee to investigate the fake plot allotment in D-13/2. Dawn obtained the following notification: "Director Security CDA reports fraud and bogus plot allocations in sector D-13/2, Islamabad." The competent authority has directed that a formal inquiry be conducted to determine the facts of this case and to identify...

The First Resort-Style Living For Overseas Pakistanis To Be Built In Islamabad

Islamabad: For the first time ever, Pakistan will be able to build resort-style homes for overseas Pakistanis on a 100,000-square-foot plot of land in Islamabad and Rawalpindi. This will boost the government's efforts to attract foreign direct investment (FDI). ONE Homes is an affiliate of the ONE Group, which includes ONE Investment, a leading Dubai real estate company, and ONE Capital, a leading...

First Phase of IJP Road to be Completed Next Month by CDA

  Islamabad: CDA has set a deadline of the end of next month for completing Phase I of I J Principal Road starting from G T Road to Sector I-11, Mandi Morr. The work of the first phase from G T Road to Mandi Morr is progressing at a good pace and the contractor, National Logistic Cell (NLC), is on schedule to complete the work by the end of August,” an official with CDA said. The official...

CPEC Multi-Billion Dollar Projects Contribute to Socio-Economic Development in Pakistan

  Islamabad: It is claimed that the project of the China-Pakistan Economic Corridor, valued at more than $100 billion, will have a significant effect on Pakistan's socio-economic development. In a recent interview with Sun Chao, the author of Global Leaders on the Belt and Road Initiative, he said the flagship project of the Belt and Road Initiative (BRI) helps to develop remote areas, create...

A Private Company is All Set To Handle Metro Bus Operations in Islamabad

  Islamabad: The Capital Development Authority (CDA) Board is handing over the metro bus service between Peshawar Morr and Islamabad International Airport to a private entity at a comparatively low rate compared with other services being provided in the country. A special emphasis is being placed by CDA management on providing modern and comfortable urban transport systems to the Capital's...

LDA Steps Towards E-Bidding System to Bring Transparency in the System

LAHORE: A new e-bidding system has been introduced by Lahore Development Authority (LDA) to introduce transparency in public plot auctions. In this regard, Chaudhry Muhammad Ali Randhawa, Director General of the LDA, presided over an important meeting on Monday. Public auctions of plots will begin using the "e-bidding" system at the meeting. LDA DG Chaudhry Muhammad Ali Randhawa pointed out that...

An Optic Fibre Link To Be Deployed From Khunjerab to Rawalpindi By Chinese Investors

Karachi: A news source reported that Chinese investors have expressed strong interest in establishing another optical fiber link between Khunjerab and Rawalpindi to connect Karachi with Gwadar. The Minister of Information Technology, Syed Amin-Ul-Haque, said that local IT companies must engage in CPEC in order to enter the Chinese market. It is crucial that this step be taken toward achieving...

WhatsApp Helpline Has Been Introduced By CDA to Resolve Sanitation Issues

Islamabad: A helpline and WhatsApp number have been shared by the Capital Development Authority (CDA) to report cleanliness problems in the capital. The chairman of the CDA said the organization strives to maintain city cleanliness like all municipalities worldwide. In order to accomplish this goal, 2,200 sanitary workers have been assigned the task of collecting and disposing of garbage. Tractor...

Govt To Take Initiate To Ban Illegal Housing Societies In Federal Capital

Islamabad: The government has begun a survey to identify illegal housing societies that have been established without a NOC, reported a news source. A fresh list of private housing societies that are illegally operating without obtaining permission from the authorities will be prepared by the Revenue and Field Officers, according to the details. Due to the non-submission of layout plans and NOCs, 140...

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