The Federal Commission constituted to revise master plan of Islamabad met at Capital Development Authority (CDA) headquarters here on Thursday. The meeting of the Federal Commission was chaired by Chairman CDA and Chief Commissioner Islamabad Amer Ali Ahmed who is also convener of the commission and attended by the members of the commission. The commission during the meeting reviewed and discussed...
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...
سوات موٹروے یکم مئی سے کھول دی جائیگی Swat Motorway to be opened on May 1’ 2019 The decision to this effect was taken during a meeting of chief minister with the Federal Minister for Communication Murad Saeed. The expressway stretches from Nowshera to Chakdara in Lower Dir District, passing through Swabi, Mardan, and Malakand Districts. Its is an 81-kilometre-long...
Construction of the proposed Gwadar International Airport in Pakistan is scheduled to start in April this year following the completion of planning work. The $246m airport is located in the province of Balochistan region, near Iran and Oman borders, and is said to be the largest in Pakistan. According to the latest official record, the design and work plan has been approved and the construction...
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...
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