Investment

Supreme Court orders to clear all encroachment all aross Karachi

CJP Gulzar Ahmed observed that removal of encroachments from government lands was the responsibility of the Revenue department and said the whole of Karachi had been developed on encroached government land. The court observed that high rises have been constructed on encroached government lands at the Super Highway ahead of the University Road where boundary walls have been raised by...

Lahore City to bifurcate into City & Saddar districts for improved efficiency

Keeping in view the increasing population as well as various urban issues, the government has finally decided to bifurcate Lahore City district into City and Saddar districts, in order to manage the administrative and financial matters in a better way. The Lahore DC explained that the proposal of the creation of two new administrative districts, namely Lahore City and Lahore Saddar, in the present...

ECC approved Karachi Transformation plan of more than 100 projects

The Economic Coordi­nation Committee (ECC) of the Cabinet on Thursday “endorsed” Rs739 billion Karachi Transformation Plan (KTP) and allowed revision in the Master Plan for five terminals at Port Qasim. The meeting of the ECC presided over by Finance Minister Dr Abdul Hafeez Shaikh. ECC discussed the plan thoroughly and endorsed, in principle, with the direction to secure approval from all...

Top Investment locations of Karachi

There are plenty of options to invest in the property sector in the city of lights, the largest and most populous city of Pakistan – Karachi. It is spread over an area of 3,782 km sq., home to over 19 million people. Located on the eastern coast of the Arabian Sea, just northwest of the Indus river delta, Karachi is home to Pakistan’s two largest seaports, the Port of Karachi and Port Bin Qasim. It...

Cooperative Societies of Karachi which are safe or dubious for investment

The SBCA has a proper e-portal system, which is linked to all the land owing agencies of Karachi. When the building plan of any plot comes to the Single Window Facility of SBCA for approval, the Authority wants the verification of its layout plan by the Master Plan Department (MPD) of the relevant land-owing agency along with the name of the person it has been allotted to. The MPD of the land owing...

PM Incentives Scheme of Construction Industry registered 127 Projects Worth Rs. 63 Billion

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...

Top 10 Investment Options in Real Estate property market of Rawalpindi & Islamabad

Islamabad, a beautiful capital of Pakistan, along with Rawalpindi, a fourth largest city of Pakistan gives some exciting investment opportunities in the Property and Real Estate sector. Twin cities of Rawalpindi & Islamabad is surrounded with beautiful scenes and places. Head offices of many NMCs, Banks, along with Govt ministries are located here. It now has new Airport and longest route of...

Chief Minister visited Rawalpindi to inspect progress of Lai Expressway

Chief Minister Punjab visited Rawalpindi to inspect progress of Lai Expressway & Nullah Lai cleaning drive. وزیر اعلی پنجاب کا روالپنڈی میں مجوزہ " " کےعلاقےکا دورہ یہ پراجیکٹ کٹاریاں پل سے براستہ عمار چوک 16 کلو میٹر اور 4 انٹرچنیجز اور واٹر ٹریٹمنٹ پلانٹ پر مشتمل ہو گا جس...

Lahore Ring Road Authority issued clarification on Southern Loop 3

Lahore Ring Road Authority has issued an explanatory statement regarding Southern Loop 3 لاہور رنگ روڈ اتھارٹی نے جنوبی لوپ 3 کے حوالے سے وضاحتی بیان جاری کیا ہے سدرن لوپ 3 کے لئے حصول اراضی کا نوٹیفکیشن 2008 میں ہوا۔ اس کا قبضہ کاروائی بابت 3105 کنال 2016 کو فنڈز کی...

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