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Pakistan Real estate news and information

Lapse of development period: LDA to seize plots of 21 housing schemes

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LAHORE: The Lahore Development Authority (LDA) has decided to acquire possession of mortgaged plots located in 21 private housing schemes, including Punjab Government Servants Housing Scheme Foundation, Overseas Pakistani Foundation’s Farm Housing Scheme and Ravians Co-operative Housing Scheme.

According to LDA spokesman, the authority had started preliminary proceedings for lands’ acquisition, which are to be sold later through an open auction in order to execute development works in the housing schemes.
Read More »Lapse of development period: LDA to seize plots of 21 housing schemes

LAHORE: CM inaugurates balloting for Ashiana Quaid Extension Project

Punjab Chief Minister (CM) Shahbaz Sharif said that establishment of Ashiana Housing Scheme (AHS), which contains houses equipped with modern facilities for the poor and common man, was an important step towards transformation of the country into an Islamic welfare state in accordance with the vision of Quaid-e-Azam and Allama Iqbal. He said this while addressing an inaugural balloting ceremony of Ashiana Quaid Extension Project, Read More »LAHORE: CM inaugurates balloting for Ashiana Quaid Extension Project

KARACHI: Groundbreaking of DHA City held

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Defence Housing Authority (DHA) launched DHA City Karachi (DCK) at the project’s site on Super Highway amid a graceful groundbreaking ceremony on Wednesday.

Commander 5 Corps Lt-Gen Muhammad Zaheer-ul-Islam inaugurated the development activities by unveiling the plaque. Speaking on the occasion, he termed the occasion as historic and hailed the services of DHA stating that it was proving itself as a trendsetter in the field of housing and development.Read More »KARACHI: Groundbreaking of DHA City held

Islamabad Park Enclave project to be ready in 18 months

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Capital Development Authority (CDA) Chairman Engineer Farkhand Iqbal said on Monday that the Authority was committed to the development of Park Enclave within 18 months as the CDA had 100 percent possession of the land on which the Park Enclave Housing Scheme had been envisaged.

He said that each and every penny on account of land acquisition and compensation for the built-up-property had been paid and nothing was pending with the CDA regarding Park Enclave.
Read More »Islamabad Park Enclave project to be ready in 18 months

LAHORE: sub-standard housing societies eating up the historical city

By Tariq Farid

The mushroom growth of ill-planned and sub-standard housing societies has marred the charm of the historical city of Lahore, as around 90 percent of the new housing schemes are built in violation with the set rules and regulations of development and maintenance.

Daily Times has learnt that of the 231 housing societies across the metropolis that have been approved by the Lahore Development Authority (LDA), over 75 percent are either undeveloped or partially developed. Hence, only 25 percent societies are developed of which most are poorly maintained.Read More »LAHORE: sub-standard housing societies eating up the historical city