Real Estate News

Housing finance jumps 75% in FY21

SBP governor informs prime minister on unprecedented growth in housing finance

Banks’ financing for the housing and construction sector jumped 75% in the past year to a total of Rs259 billion in the fiscal year ended June 30, earning Prime Minister Imran Khan’s prais

Special efforts afoot to deliver: SCBA housing scheme at Park Road Islamabad

ISLAMABAD: A land supervisory committee, set up under a serving apex court judge, is overseeing the progress of the development of a housing scheme for the Supreme Court Bar Association (SCBA) at Park Road Islamabad by the Federal Government Employees Housing Authority (FGEHA).

Accordin

Pakistan, China may sign IC agreement at JCC

Both the countries have already signed a memorandum of understanding (MoU) on industrial cooperation and now in the upcoming meeting of the JCC, it is likely to be taken to the next level, the China Economic Net (CEN) reported on Monday.

The JCC is the highest decision-making body of CP

NADRA directs to stop entertaining non-vaccinated citizens

ISLAMABAD (Dunya News) – National Database and Registration Authority (NADRA) on Tuesday has directed field offices that the non-vaccinated citizens should not be entertained till the time they provide vaccination certificates.

According to the notification, 200,0

CDA to hand over illegal housing societies cases to FIA

Islamabad: The Capital Development Authority (CDA) has decided to hand over cases of unapproved and illegal housing societies to the Federal Investigation Agency (FIA).

The CDA Chairman, Aamir Ali Ahmed on Monday chaired a meeting that observed strict action should be taken agai

Pakistan welcomes Iran's attempt to mediate between Taliban and Afghan govt

The Foreign Office on Friday welcomed Iran's attempt to engage the Taliban and the Afghan government for a negotiated settlement in the war-torn country.

"Pakistan welcomes Iran’s engagement with Afghan parties to achieve a negotiated political settlement," said Fore

Govt to launch Olive Trees Tsunami project

Islamabad: The federal government will soon launch Olive Tree Tsunami project in which olive plants would be grafted and planted on land measuring ten million acres across the country.

The working paper prepared by the climate change ministry said the olive trees would be grafted and pl

SBP reintroduces incentive scheme for marketing of home remittances

In a bid to facilitate remittances using formal channels, the government has approved the reintroduction of an incentive scheme for the marketing of home remittances for dealers, microfinance banks, and exchange companies (ECS).

From July 01, 2021, to June 30, 2022, the scheme will be e

Pakistan’s first e-bike launched

ISLAMABAD: Pakistan’s first environment-friendly bike was launched Thursday by Prime Minister Imran Khan.

Addressing the launching ceremony, PM Imran Khan said the government was working on setting out an eco-friendly roadmap for Pakistan to protect its future generations from the

Following Others, Pak Suzuki Decreased Car Prices

Following other car manufacturers, Pak Suzuki has also reduced car prices. According to a notification, the prices of Suzuki Alto, Cultus, Wagon R, Swift and Bolan have been reduced after the announcement of a new auto policy.

The new prices are applied from July 1st, 2021.

Iran’s trade from Gwadar port ‘to start soon’

China-Pakistan Economic Corridor (CPEC) Authority Chairman Lt-Gen (retd) Asim Saleem Bajwa said on Monday that Iran’s trade through the Gwadar Port would start very soon, as work in this regard was in progress.

In a video message, the CPEC Authority chairman noted that smu

SBP reintroduces incentive scheme for marketing of home remittances

In a bid to facilitate remittances using formal channels, the government has approved the reintroduction of an incentive scheme for the marketing of home remittances for dealers, microfinance banks, and exchange companies (ECS).

The scheme will be effective from July 01, 2021, to June 3

Pakistan may face severe water shortage, warn experts

Experts have warned that Pakistan may face a severe water crisis if measures are not taken in a timely fashion, Geo News reported Sunday.

Per the report, water scarcity in the country has set alarm bells ringing after rivers have dried up due to low rainfall, while India also co

Price of CNG increases as gas stations reopen in Karachi

KARACHI: CNG stations in the city reopened after almost two weeks Monday to citizens who had formed huge queues outside pumps in their cars since Sunday night. 

CNG stations in the city reopened on July 5 after being closed since June 22. 

However, citizens w

CDA approves projects worth Rs24.268b

Islamabad: The 52nd meeting of the Capital Development Authority Development Working Party (CDADWP) on Wednesday approved development projects worth Rs24.268 billion for the federal capital.

The meeting was chaired by CDA Chairman Aamir Ali Ahmed and attended by officials from t