The Pakistan Railways on Monday announced to partially resume Karachi Circular Railway (KCR) from November 16 in phases. According to a railway spokesperson, Karachi Circular Railway (KCR) is being restored in phases from November 16. Initially, KCR will run from Pipri to Landhi and Orangi town The first phase shall see the trains start at Pipri Station and pass through the Landhi, Malir, Drigh Road,...
The Prime Minister’s incentive scheme for builders & developers of Pakistan is now picking-up showing signs of success and a great amount of interest by the construction industry. According to the released information by the Federal Board of Revenue, till 19th October 2020, a total of 127 projects have been registered with a total projected cost of Rs. 63 billion. In addition, a total of 108...
The ground breaking ceremony for a 39-kilometer Malir Expressway Karachi will take place in the second week of November, announced by the Sindh government, while also approving the construction of a link road for Korangi. Malir Expressway is the shortest and fastest way for connecting upcountry traffic with Port Region of Karachi. Sindh Chief Minister Murad Ali Shah made these decisions during a meeting...
Prime Minister Imran Khan along with Chief Minister Punjab Usman Buzdar would soon perform the ground-breaking of Rawalpindi Ring Road (RRR / R3) project. Chairman Rawalpindi Development Authority (RDA) Tariq Mehmood Murtaza said that an amount of Rs6.2 billion has been released for land acquisition of Rawalpindi Ring Road (R3) project. He expressed these views while addressing the business community at...
Karachi Development Authority (KDA) Director General Asif Ikram said that KDA was ready for joint venture with builders and developers for low-cost housing schemes. “We are trying to provide free land for Naya Pakistan Housing scheme in Sindh,” he said. Habib Bank Limited Head of Islamic Finance Salimullah Shaikh and Meezan Bank General Manager Tanveer Hussain said that banks were ready to...
Builders and developers can save around six times on taxes if they register under the Prime Minister Imran Khan's construction package as it has a fixed regime. “This saving on tax will add up to whatever profit you make,” explained the FBR’s Abdul Hafeez while addressing them at a seminar on the ‘PM’s Package on Naya Pakistan Housing Scheme’ at the Association of Builders and Developers...
Federal government constituted a commission to review the master plan of Islamabad. Minister for Interior Ijaz Ahmed Shah informed the Senate that the constituted commission prioritized its work according to the Terms of References (TORs) for short and long term measures and gave its suggestions. He also said that the commission submitted various suggestion in this regard including reviewing proposed...
Lahore's civic body LDA will prepare the new master plan for the metropolitan city in 18 months. The new master plan will be prepared keeping in view the requirements of development till 2050. The LDA DG Ahmed Aziz Tarar said the new master plan will be prepared for all urban and rural areas within the limits of Lahore division.. Besides Lahore, the master plan will be prepared for 49 urban settlements...
SBCA is asked to display a board carrying QR Barcode-based approval at their under construction buildings in Karachi by Sindh CM Syed Murad Ali Shah, so that the people and the government could differentiate between the legal and illegal structure. He took this decision in a meeting with a delegation of Association of Builders & Developers (ABAD) led by its Chairman Mohsin Sheikhani held at CM...
Lahore Development Authority (LDA) have shortlisted 3 companies for preparation of Lahore Masterplan 2050. Mr. S.M. Imran Munir, Vice Chairman LDA, revealed that LDA have issued RFP to these companies. The deadline to submit these documents is October 19, 2020. Seven companies submitted interest forms for the preparation of the master plan. The new master plan will be prepared for all urban and...
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