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Karachi

World’s 3rd largest & Pakistan’s largest mosque in Bahria Town Karachi

Grand Jamia Masjid, Bahria Town Karachi is the World's 3rd largest & Pakistan's largest mosque, a dream of Malik Riaz. Bahria Grand Mosque will have capacity to accommodate 800,000 people. Its mix of Islamic & Mughal style architecture. Bahria Town, one of Pakistan’s largest real estate developers owned by property tycoon Malik Riaz, is building the world’s third largest mosque...

Karachi’s Bundal Islands development will benefit people in job and business growth

Prime Minister said that in the wake of rising demand in the Karachi city’s housing, development of Bundal & Buddo Islands is very important. Development of Bundle & Buddo Islands will give tremendous job & business opportunities to people of Sindh as well as increase the revenue of Sindh government, because of tourist destination and business hub. These islands are small islands...

Karachi Green Line Bus Rapid Transit project to start from middle of 2021

Green Line Bus Rapid Transit (BRT) project in Karachi that began in 2016 will be completed by July 2021. The Green Line BRT project was initiated in early 2016, with the estimated cost was Rs25 billion, under the supervision of the Sindh Infrastructure Development Company Limited (SIDCL), a federal entity. Original plans envisioned development work would be complete by the end of 2017, but frequent...

Smart City concept and the housing societies in Pakistan

A smart city is an urban area that uses multiple latest available options of efficient & fast network system, apart from other modern facilities like education, health & sports facilities, modern security system, as well as their own water & sewage treatment plants. The Smart City housing concept integrates various systems with the help of latest concepts of “Information &...

Easy loan financing for Low Cost & Naya Pakistan Housing Schemes

The government of Pakistan has reduced interest rate by 90% for low-cost houses, while the banks are providing loans on 5% mark-up for 5 marla houses and 7% for 10 marla houses. For this purpose, the loans are being provided by various banks which have also established special desks named “Mera Pakistan Mera Ghar” to facilitate the customers for availing loans and providing information regarding...

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...

Karachi Circular Railway (KCR) to start partially from next week

The Pakistan Railways on Monday announced to partially resume Karachi Circular Railway (KCR) from November 16 in phases. According to a railway spokesperson, Karachi Circular Railway (KCR) is being restored in phases from November 16. Initially, KCR will run from Pipri to Landhi and Orangi town The first phase shall see the trains start at Pipri Station and pass through the Landhi, Malir, Drigh Road,...

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...

Malir Expressway Karachi project expected to start next month

The ground breaking ceremony for a 39-kilometer Malir Expressway Karachi will take place in the second week of November, announced by the Sindh government, while also approving the construction of a link road for Korangi. Malir Expressway is the shortest and fastest way for connecting upcountry traffic with Port Region of Karachi. Sindh Chief Minister Murad Ali Shah made these decisions during a meeting...