Real Estate & Stock Market future in Pakistan by Finance Minister, Asad Umar https://youtu.be/zm_rP5fsshU Amnesty Scheme before Benami Act come into force by Asad Umar https://youtu.be/kiI0XLqNj9E Naya Pakistan Housing Scheme in Karachi & contract with ABAD https://youtu.be/mAs52kNAh4c Pakistan's deal IMF and current situation of Interest rate and Currency Exchange...
Prime Minister Imran Khan will perform ground-breaking ceremony of two major housing projects in Islamabad and Quetta (Balochistan) during this month. PM was informed that 110,000 units would be constructed in Quetta and Gwadar The Prime Minister expressed satisfaction over the steady progress being made in the Naya Pakistan Housing Program and the huge interest being evinced by the international...
The long awaited signal free Islamabad Expressway ( from Faisal Chowk Islamabad to T-Chowk on G.T. Road Rawat) project to ensure smooth traffic on 27 kilometres long thoroughfare may be materialized within this year as the government is likely to release Rs10.7 billion in the next fiscal year 2019-20. Talking to this agency, Special Assistant to Prime Minister on Capital Development Authority (CDA) Ali...
The Supreme Court accepted Malik Riaz’s offer to pay Rs460 billion within a period of seven years for Bahria Town Karachi. The apex court restrained the National Accountability Bureau (NAB) from proceeding with its reference against the real estate developer and relevant officials. The company will have to deposit the amount to the top court within seven years. Bahria Town made this offer for the...
Prime Minister of Pakistan, Imran Khan, expected to Inaugurate Gwadar Expo2019 on 28th March 2019. Prime Minister will also perform ground breaking of Gwadar Airport on March 28th 2019. Gwadar International Expo will be held for two days, i.e., 28-29 March 2019.The Gwadar port is a key project in China’s One Belt, One Road initiative (South China Morning Post), which seeks to build strong economic...
BRT Peshawar project started in Oct 2017 only 7 months or so before end of tenure. Its expected that soft launch of BRT Peshawar would still be 23rd March 2019. Though the Bus Rapid Transit (BRT) project is facing delays and criticism, it would have 13 unique features that distinguish it from the other three metro-bus systems operating in Lahore, Islamabad and Multan. As per the official...
Bahria Town has offered to pay Rs440 billion for Karachi Superhighway project, Rs22 billion for Takht Pari Rakh forest land and Rs23 billion for land in Sulkhtar and Manga. Bahria Town has asked for complete legal immunity of its directors and management in return of its new offer of Rs485 billion. The new proposal was submitted in the Supreme Court on Tuesday. After finalisation of the proposal all...
Real Estate is one of the major sector for generation & investment of unaccounted money known as “black money”. The Benami Act is to curb black money transactions to ensure that all real estate transactions are conducted in the name of the actual owner where the consideration is paid from his known sources. Parliament approved the law in January 2017 and the president gave his stamp of approval...
پنجاب کے بڑے شہروں میں زرعی زمین پر ہاوسنگ سوسائٹی کئ تعمیر پر پابندی عائد کر دی گئی ۔ A big decision came today when Prime Minister approved the policy of banning housing society on any type of agriculture land. The decision came when housing societies are rapidly establishing over precious cultivated lands. This was revealed by Dr...
A representative of the Rawalpindi Development Authority (RDA) informed the committee, formed by the Federal Cabinet, that the master plan for Rawalpindi will also be revised and that a summary has already been moved to the Punjab government for approval. Sources said that it was decided that the commission appointed by the federal government will work closely with RDA for making a comprehensive...
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