Real Estate News

Govt dolls out Rs600m for the uplift of Islamabad’s rural areas

ISLAMABAD: The capital city administration has been provided with Rs600 million funds for uplifting rural areas and suburbs of Islamabad.

This was revealed by Deputy Commissioner Muhammad Hamza Shafqat in series of tweets today.

He said: “After immense efforts fr

Safe city authority roiled by a funding crunch.

LAHORE: The rift between Punjab Safe City Authority and the Finance Department has deepened over the provision of funds despite the intervention by the Punjab Chief Minister Sardar Usman Buzdar to resolve the issue through the home department.

The Finance Department had put forth a cond

Govt orders immediate removal of settlements on 30-year lease land in Karachi

KARACHI: The Anti-Encroachment Cell has initiated the planning of vacating lands that were granted a 30-years lease for agricultural, poultry, and dairy farming purposes but were not utilized for the same.

The move comes after the provincial Land Utilisation Department (LUD) brought the

FBR amends tax laws, introduces penalties for defaulters.

ISLAMABAD: The Federal Board of Revenue (FBR) has notified amendments in the tax laws pertaining to the greenfield industry as well as traders and retailers falling under the tier-1 classification.

According to an FBR notification, any land which has not been used for any commercial, in

Islamabad among the safest cities in the world, beats London, Paris

Islamabad has been ranked among the world’s safest cities after a significant drop in its crime rate, according to a survey carried out by Numbeo.

The capital city climbed 30 spots to 302 from the previous ranking of 232 in the list of 374 cities and stands at the crime index of 2

4,000 Lahore Safe City cameras taken offline by a Chinese company

Over 4,000 cameras belonging to the Lahore Safe City project are no longer working after a dispute between the project administration and the Chinese company managing the cameras.

On Thursday, another 300 cameras stopped working. The authorities have decided to send the Chinese company

Google Maps keeps a detailed record of everywhere you go — here’s how to stop it

Google Maps keeps a log of everywhere you go in its “Timeline.”
You can see where you were on a particular day, how you got there, pictures you took at certain locations and more.
Here’s how to delete all of that data and turn off tracking entirely if you w

Rs25 bn allocated for Naya Pakistan Housing Project

ISLAMABAD: Prime Minister Imran Khan said Wednesday a decision had been taken in principle to declare construction sector industry and directed for early measures for its implementation, as he was told that Rs25 billion had been earmarked for the first phase of the Naya Pakistan Housing Project.<

Dubai Apartments and Townhouses Saw Double-Digit Price Declines in 2019

Prices for both apartments and townhouses in Dubai saw double-digit declines last year, according to 2019 the United Arab Emirates Property Market Report released Wednesday by the Dubai-based real estate company Cavendish Maxwell.

The average price of a Dubai apartment dropped 15% in th

LHC wants to know progress on Diamer Bhasha, Mohmand dams

Mohmand Dam Progress
LAHORE: The Lahore High Court (LHC) on Wednesday gave more time to the federal government to furnish a report explaining progress thus far made on the construction of Diamer-Basha and Mohmand dams.

A bench of the high court was hearing a petition seeking to b

How AI Is Really Going To Change Real Estate In 2020 And Beyond.

By 2030, AI is predicted to add +$15 trillion to the global GDP thanks largely to solving data issues according to PwC. Lending money used to be a tricky business but time consumers and technology are changing. Banks and other industries are struggling to cope with the changing c

Finally, an upgrade for Lyari

KARACHI: As the Pakistan Peoples Party (PPP) competes with Pakistan Tehreek-e-Insaf (PTI) to get its stronghold in Lyari back, the oldest town in the metropolis, sometimes even referred to as the ‘mother’ of the port city, may finally get new roads, pedestrian bridges and water and ga

Capital Smart City : Expo ends on high note

Islamabad : The two-day Capital Smart City Expo ended at the Pakistan-China Friendship Centre here on Sunday with the organizers feeling happy about the overwhelming response to their initiative.

The Capital Smart City Islamabad, which held the event with the Jang Media Group being its

Agreement for capital’s surveying, mapping inked

Islamabad : In line with the vision of Prime Minister of Pakistan to digitalize the Land Record Management, the Capital Development Authority (CDA) and the Survey of Pakistan (SoP) have signed a Memorandum of Understanding (MoU) to cooperate in surveying and mapping jobs planned by CDA for the de

CDA takes possession of 60 flats in G-11/3

Islamabad: The Capital Development Authority (CDA) on Saturday finally took the possessions of 60 flats from Federal Government Employees Housing Authority (FGEHA) in Sector G-11/3.

The flats would be allotted to the CDA officers on the basis of their entitlement category and a general