Hilton has announced that it will be making its return into the Pakistan market, with an agreement with Dhabi Hospitality that will see the launch of the DoubleTree by Hilton brand in Islamabad in 2025. Carlos Khneisser, VP of development for the Middle East and Africa at Hilton, said that the landmark agreement signals Hilton’s highly anticipated re-entry to the Pakistan market. “We are doing so as...
property investment
Rawalpindi Development Authority (RDA) has planned an aerotropolis in the city alonside Rawalpindi Ring Road and around Islamabad Airport, Chairman RDA Tariq Murtaza has confirmed. Chairman RDA said that the development work on the economic zones will be started as soon as possible. He said famous aerotropolis of special economic zones are mining, oil refinery, petroleum, engineering, IT Park, and...
The Federal cabinet has directed the interior and communication ministries to devise a plan to operationalise Islamabad Metro bus service on priority basis, Pakistan Today reported. Prime Minister Imran Khan has taken serious notice of the delay in the operationalisation of the project and directed to take measures to start the service to provide smooth bus ride to passengers, sources informed, adding,...
The Capital Development Authority (CDA) has decided to take action against the illegal housing societies which are looting the citizens. In the first phase, showcase notices are being served on illegal housing societies and then they are being sealed in the next phase. CDA has issued the list of illegal housing societies at its website to guide the citizens. However the process of taking action...
The National Highways Authority (NHA) Executive Board has reviewed its earlier decision and approved three mega road projects including Hyderabad-Sukkur Motorway (M-6), a critical component of the China-Pakistan Economic Corridor (CPEC) on Public Private Partnership (PPP) mode with an upfront government support in the form of Viability Gap Funding (VGF), Business Recorder informed. For this purpose,...
After a successful trial run of the entire track, the Karachi Circular Railway (KCR) will reportedly commence operations from today. Karachi Circular Railway (KCR) inner-city train service, which was discontinued in 1999, restored its operation on November 19, 2020 Local mainstream media reported that the train traversed successfully from Karachi City Station to Orangi Station, prompting the...
Pre-bid conference of contractors for low cost Naya Pakistan Apartments in LDA City will be held on Feb 8, 2021 at LDA Engineering Wing office Johar Town. Tenders for the first phase of 35,000 apartments under New Pakistan Housing in Lahore were issued on January...
The district administration of Peshawar banned 181 private housing societies in the provincial capital for functioning in violation of the prescribed regulations of Peshawar Development Authority under KP Govt. The ban was placed on the housing societies by the district administration on the recommendation of PDA. Out of 181 illegal housing societies functioning in provincial capital, 123 were in...
PM Imran Khan will lay the foundation stone of Naya Pakistan Housing Apartments in LDA City, Lahore, this month. Provincial Minister for Housing, Mian Mahmood Rashid, said that providing housing to low-income people is a priority for which the LDA team is working day and night to lay the foundation stone of the project and ensure construction of apartments in two...
RDA has lodged First Information Reports (FIRs) against 43 illegal housing schemes on the directions of Chairman Rawalpindi Development Authority (RDA) Tariq Mehmood Murtaza. RDA advised general public in their own interest not to make any investment in illegal housing schemes. The Director MP&TE RDA said the Directorate was taking legal action against the illegal advertisements/marketing of...