Punjab

Islamabad & Punjab Online Property Verification for Transparent Transactions

Capital Administration (CDA) had announced plans to launch a system for online property verification in Islamabad. With the launch of this system, people will now be able to verify the authenticity of any real estate project from the office of Deputy Commissioner (DC) Islamabad before investing their hard-earned money in it. https://www.cda.gov.pk/ “From now onwards, anyone who wants to buy...

Rawalpindi Ring Road withdrawn from PPP (P3A) & cancelled land acquisition of extended area

After restoring the original alignment from Rawat to Thallian near motorway, the Punjab government made new PC-I of the project and decided to construct it under the Public Sector Development Programme (PSDP) instead of Public-Private Partnership. The PC-I was sent to the Punjab Planning and Development Board for approval. Punjab government decided to start the Rawalpindi Ring Road Project in PC-I mode...

NAB Lahore returned money among the affectees of two illegal housing schemes

National Accountability Bureau (NAB) Lahore in a ceremony distributed cheques worth Rs 730 million to the affectees of Ferozpur Housing Society and Model Housing Enclave. NAB Lahore Director General Shahzad Saleem was chief guest while senior officers of NAB and hundreds of affectees attended the ceremony. Addressing on the occasion, the DG NAB Lahore said the main objective of Bureau was to serve...

LDA is in forefront in Naya Pakistan Housing Scheme reducing the cost of units

Punjab Govt has planned to build the apartment complex on an area of around 8,500 kanal for 35,000 units for Naya Pakistan Housing in Lahore within three years. Lahore Development Authority (LDA) has finally succeeded in reducing the cost of a 650 sq. ft single-storey housing unit from over Rs3.855 million to Rs2.224 million in the first phase of LDA’s Naya Pakistan Housing Scheme in Lahore. Under...

Construction Package extended by Prime Minister till 31st Dec 2021

Prime Minister Imran Khan announced that the Govt of Pakistan has extended the fixed tax regime to Dec 31, 2021. He said this had been a big demand from the construction industry which was why they were given an "extra year". The Prime Minister said, "We believe that the economic activity that this will generate only in Punjab will be equivalent to Rs1,500bn and will result in 250,000 jobs. Similar...

LDA plans to make Qainchi Flyover & Walton Road signal free

After Canal Road and Jail Road, Ferozepur Road will also become a signal free corridor decided by Lahore Development Authority. The LDA has designed a protected U-turn on Qainchi &  at the Walton stops. PHA has issued the NOC, in this regard. Under the plan, a new road and a new U-turn will be built. For which Burlab Road land on Ferozepur Road will be acquired. For the project, LDA has...

Lebanese Consortium to develop Lahore Master Plan 2050

Lebanese Consortium, Darul Handsa, has been selected after evaluation of the technical proposal submitted by the three companies for preparation of new Master Plan 2050 for Lahore, the provincial capital. Lahore Development Authority Director-General Ahmed Aziz Tarar chaired a meeting of the consultant committee to finalise who will be selected. A financial bid of Rs520 million for the qualifying...

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...

Chinese companies signed MoU in Ravi Urban Development Project

Chinese companies signed MoU of investment agreement in Ravi Urban Development Project, Lahore. worth ovr 5 Billion US Dollars. Two Chinese companies signed MoUs for investment in Ravi Urban Development Project after meeting Chairman and CEO of Ravi Urban Development Authority (RUDA) Rashid Aziz. Vice Chairman LDA, S.M. Imran revealed the good news that the Prime Minister has issued clear...

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