Good days of Bahria Town Karachi (BTK) investors would soon become reality. Owner of Bahria Town seems serious to give relief to their investors who are worried for the last many months. In the last hearing, the management of Bahria Town offered payment of Rs479.598 billion (all inclusive of fee, charges, duties, taxes etc comprising of land price, regularisation fee and profit for full and final...
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...
As a federal commission reviews the master plan of the federal capital, the Islamabad district administration of the city has decided to impose a ban on the conversion of agricultural land in Zone-III of the city into housing schemes. The move is aimed at settling the issue of illegal housing societies in the city. Govt special concern for environment & agriculture Apart from imposing the...
Islamabad Capital Territory (ICT) has been divided into five zones. Three out Five Zones, i.e., Zone-2, Zone-4, and Zone-5have been earnmarked for Planning & Development of Housing Schemes / Agro Farming Schemes by the private sector i.e., Cooperative Housing Societies or Private Limited Companies. Such Private Schemes are also allowed in Sector E-11, Islamabad. Two steps approval of Private...
Prime Minister Imran Khan during a recent meeting held to review progress on CPEC was informed that Rashakai-KP, Dhabeji-Sindh and M-3 Faisalabad-Punjab SEZs would be ready for ground-breaking by June this year, which was very encouraging. However, ground-breaking of the SEZ in Islamabad could get unnecessarily delay as the government has not selected any site or acquired land for this project so far....
Ministry of Science and Technology has formulated a plan to establish a science and technology park in Islamabad, APP reported on Monday. The park will facilitate the students with modern tools for scientific research. The eventual aim of establishing the park is to endow aspirants with up to date amenities for scientific research under one roof. In this regard, the COMSATS University...
Real estate sector of Pakistan considered as the multi-million $ industry of country, the biggest sector of job employment and once used to contributes over 2% of total GDP of Pakistan. Now due to uncertainty in the Real Estate and its reforms, business in this sector fell and due tot he reason Govt got only Rs23 million or less than 0.1% of the size of national economy in the previous fiscal...
Real Estate is one of the major sectors 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. This will increase the tax revenue for the Govt by stopping black money from pumping...
In the absence of a focused national policy and lack of regulatory framework, the existing laws has failed to maintain a vigilant and a system of proper check and balance in this sector, which results in the general public as well as commercial investors losing their hard earned money at the hands of felons and other factors, causing instability in the sector and further disrupting the ease of doing...
Prime Minister of Pakistan, Mr. Imran Khan inaugurated the official website of Punjab Housing and Town Planning Agency (PHATA) & facebook page of “Punjab Housing Task Force”. https://phata.punjab.gov.pk/ https://www.facebook.com/HTFPunjab/ Punjab Housing and Town Planning Agency (PHATA) issued new registration forms for the Naya Pakistan Housing Program (NPHP), an initiative to provide...
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