Apr 112008
 

KHALID AZIZ
ISLAMABAD – The Capital Development Authority (CDA) Thursday approved allotment of plot for the construction of Islamabad Cricket Stadium at Shakarparian.
The approval was made in the 19th meeting of the CDA Board, which was chaired by CDA Chairman Kamran Lashari. Member (Engineering) Moin-ud-Din Kakakhel, Member (Environment) Mazhar Hussain and other high officials of the Authority were also present on the occasion. Continue reading »

 Posted by at 9:31 am
Apr 092008
 

Cement at Rs285/20kg against Rs210 last year | 10 ft Iron-Gate goes up to Rs 30,000 | T-iron being sold for Rs 84,000/tonne | A-class 4,000 bricks cost 14,000 | Sand trolley for Rs 1,200 against Rs 1,050 last year

 

Zaheer Shahzad

 

LAHORE: Like other sectors of economy, the construction sector is also facing the aftermath of unprecedented price-hike in recent years. The hard-hit is the cost of material followed by the costs of transportation and the labour involved in various areas of building and construction. Continue reading »

 Posted by at 10:33 am
Apr 092008
 

JAVED MAHMOOD
KARACHI – After several years of rapid price increases, the housing markets are turning down in several advanced economies.
In a few countries-the United States and Ireland-house prices have fallen during the past year. Real residential investment has also slowed in several countries, particularly in the United States, Australia, and, especially, Ireland, where it has fallen by about 3 percentage points of GDP since its peak four years ago. Continue reading »

 Posted by at 7:19 am
Apr 022008
 

Govt employees deposited Rs 6.92b five years ago

Associated Press of Pakistan

LAHORE: Like many other snail-paced works being carried out during the past many years, one of the prestigious housing schemes of the Lahore Development Authority “Avenue-I” that was planned to reduce acute residential problem of government employees who deposited an amount of Rs 6.92 billion, has been in a state of neglect for six years. Continue reading »

 Posted by at 8:00 pm