Real Estate News from Pakistan

CDA Efforts To Provide Economical Transport Facilities in Twin Cities

  Islamabad: The Capital Development Authority (CDA) is endeavoring to provide economical, high-quality, and comfortable transportation services to the residents of Rawalpindi and Islamabad, said the Authority's spokesman Rana Shakeel Asghar. First, the CDA aims to rebuild deteriorating road infrastructure throughout Islamabad in order to improve public transportation. The improved...

Sindh Government Issues A Rs. 9204 Billion Budget to KDA For Infrastructure & Development

    Karachi: KDA has approved a Rs.9,204 billion budget for the next fiscal year, which will fund multiple infrastructure projects and housing schemes. KDA's governing body met earlier on Thursday at the Sindh Secretariat Conference Hall under the chairmanship of Sindh Local Government Minister Syed Nasir Hussain Shah. Local Government Secretary Najam Shah, Director General KDA Syed...

Rawalpindi Ring Road Project Delayed Due to Alignment

Rawalpindi: Since the government started an investigation into the new alignment of the Rawalpindi Ring Road, progress on the Ring Road project has been delayed, according to a news source. An official of the Planning and Development department revealed that three ongoing projects in Rawalpindi are part of the annual development programme. Rs.50 million has been allocated for the ring road, Rs.50...

Plots allocated illegally: NAB requests rejection of accused’s plea

  Islamabad: An account of the request to reject the plea of the accused for wrongfully allotting amenity plots at Nehr-e-Khayyam was reported by the National Accountability Bureau. Despite NAB's request, the Audit Court II judge Muhammad Azam Khan said the matter would be decided by the court after hearing the defendant's arguments. A bench trial was adjourned until July 6 in light of the...

jogging tracks

A CDA budget of Rs.22 million is allocated for the construction of jogging tracks

Islamabad: Reports indicate that the CDA allocated Rs.22 million to build jogging tracks in various parts of Islamabad. Green belts will be constructed in adjacent sectors G-7/1 and G-7/2 of Luqman Hakeem Road to serve as jogging tracks. In addition, the tracks will be constructed on green belts adjacent to sector G-6/2 and Rescue 15 as well as on Faisal Avenue opposite PIMS Hospital and Fazal Haq...

Planning For Flood Preparedness Approved By CDA

Islamabad: The chief commissioner of Islamabad and the chairman of the Capital Development Authority have approved a plan to allocate resources to cope with impending pre-monsoon rainfall. It has been confirmed by the authorities that Deputy Commissioner (Islamabad), Arif Nawaz has been appointed convener of the District Disaster Management Committee (DDMC) which would coordinate all efforts....

Karachi Master Plan-2047 is currently under development

Karachi: According to a news source, Syed Muhammad Ali Shah, DG KDA, said the Master Plan-2047 is currently under construction to modernize the infrastructure of Karachi. As a result of the quality services and work performed by KDA in Karachi, the agency received national recognition. To support the K-4 project, several initiatives are being undertaken to develop the required infrastructure. At the...

Defence Road

The new Defence Road is being constructed to connect areas

Several areas in Lahore are being connected to New Defence Road under the pretext of connecting a road for a few influential people, according to a news report. In exchange for allowing the passing of a road through the land of an LDA Chief Engineer, the land was commercialized immediately through his frontmen. A fact-finding report was demanded by DG LDA Muhammad Ali Randhawa as a result. According...

construction material

Petroleum products drove up the prices of construction materials

Islamabad: A news source reported an increase in construction material prices in tandem with the soaring increase in petroleum prices. Petrol price increases have caused construction material prices to rise by a record amount. All construction materials have reportedly increased in price due to market dealers, as detailed in the details shared. Previously costing Rs.840, cement bags are now being...

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