Real Estate News

CM Usman Buzdar visits Firdous Market Underpass project

LAHORE: Punjab Chief Minister Sardar Usman Buzdar paid a surprise visit to the Firdous Market Underpass project without protocol as the administration and authorities remained unaware of his visit.

Usman Buzdar himself drove to the site and inspected the construction work and talked to

Monsoon rains begin amid flooding alert

Islamabad : The July-September monsoon rains began across the country, including Islamabad and Rawalpindi, amid flooding alert by the Pakistan Meteorological Department.

The wet spell, which is likely to continue until next Tuesday, began in the morning and continued intermittently afte

Land acquisition for road project begins

MANSEHRA: The Revenue Department on Thursday started acquiring land for the Oghi-Battal road, which would be constructed at an estimated cost of Rs220 million.

“This mega road project was approved by Chief Minister Mahmood Khan and work on it started now,” MPA Nawabz

I-8, I-10 sub-sectors of Islamabad to be unsealed today

ISLAMABAD: Two sub-sectors of I-8 and I-10 will be unsealed today (Thursday), according to a notification issued by the office of the deputy commissioner.

The commercial areas and marakiz of both sub-sectors will be unsealed tomorrow (Friday).

According to the notification, I-

Malik Riaz announces to build Bahria Glow Park in Karachi

ISLAMABAD: Chairman Bahria Town Malik Riaz Hussain has announced to build a glow park similar to Dubai Garden Park and a mega shopping mall in Karachi to promote national and international tourism.

Malik Riaz said it will be a premium shopping mall having all national and international

PIA flights to Europe suspended for six months by air safety agency

All PIA flights to Europe have been temporarily cancelled for a period of six months. — AFP/File

The European Union Aviation Safety Agency (EASA) has suspended Pakistan International Airline's air operations permit for a period of six months, the national carrier's spokesp

OGRA imposes fine on OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has imposed a fine of Rs5 million each on three oil marketing companies (OMCs) after they were found involved in creating an artificial shortage of petrol in the country by hoarding the commodity in first 10 days of the current month.

CDA issues NOC to housing scheme

Islamabad : Capital Development Authority (CDA) issued NOC for development of Gulberg Greens Farm Housing Scheme, says a press release

The scheme has been sponsored by IB Employee Cooperative Housing Society (IBECHS) in Zone-IV Islamabad vide Authority’s letter No.CDA/ELW RP-4(14)

Punjab plans housing project for low-income families

ISLAMABAD: The Punjab government has proposed to set up an ‘affordable housing project’ and sought support from the World Bank to develop a comprehensive provincial housing policy and strategy aimed at improving access to housing for low-income groups.

The bank will evaluate

Govt planning to set up Gemstone City in Islamabad

Prime Minister Imran Khan has directed to formulate a strategy for the establishment of a Gemstone City in Islamabad, featuring a one-window facility to promote foreign investment and exports in the gems and minerals sector.

He was chairing a meeting in Islamabad on the

Water experts reject Diamer Basha Dam

KARACHI: Disapproving the construction of Diamer Basha Dam as utterly counterproductive, water experts and academics on Thursday said building more dams on River Indus would be huge damage to the already dying delta.
These alarms were raised during an online conference, organized by Pakist

DHA among seven localities face lockdown for week

LAHORE: In view of the latest study reflecting an increase in the number of Covid-19 cases in certain areas and a decline in others due to smart lockdown in selected areas of Lahore, Punjab Health Minister Dr. Yasmin Rashid announced extending the smart lockdown to other areas of the City for one

Diamer Basha Dam project may get off the ground in July

LAHORE: In a major boost to regional cooperation and economic development, Pakistan and China are expected to commence gigantic effort of constructing the main dam of Diamer Basha Dam next month, The News has learned.

Close to 500 workers and other staff including sizeable Chinese and o

Budget and CPEC

Concerns over Pakistan’s national budget are high at the time, as Pakistan’s growth rate has been declining for the past two years and its effects are being felt to a large extent in the lives of ordinary people. Apart from this, the coronavirus has also caused a stra

First detailed view on tax exemptions emerges

ISLAMABAD: An internal report of the Federal Board of Revenue (FBR) on Tuesday showed income tax exemptions and concessions given to businesses and industry in FY20 make up Rs140 billion or 37 percent of the total income tax exemptions granted in that year. The total stands at Rs378bn.