Pakistan Real estate news and information
* Law and order, weak economy, land grabbing remain major factors Poor law and order situation, unstable economy and land grabbing remained the major contributors towards dull activity in real estate sector during 2012,… Read More »2012 bleak year for Karachi real estate sector
ISLAMABAD – The Capital Development Authority (CDA) would construct another two flyovers on Faisal Avenue against Rs700 million to address the engineering flaws of the already constructed Jinnah-Faisal Avenue Interchange. According to a CDA official,… Read More »Flawed Interchange design to cost CDA Rs700 million
According to CDA officials, the legal hurdles have slowed down the authority’s action against businesses violating its building bylaws. Most of the restaurants, guest houses, bakeries, boutiques and private schools are being run unlawfully in… Read More »CDA’s Legal Action Slowed Down By Legal Hurdles
Lahore has always been regarded as the prime and leading real estate investment spot in Pakistan but over the past few years, the glut of new real estate developments in the city has created a… Read More »Property Prices In Lahore Remain Stagnant For Over 5 Years
* March 31 set as final payment date for LDA Avenue-I allottees
In order to closely monitor the affairs of the approved private housing schemes in the city, Lahore Development Authority (LDA) Director General Ahad Khan Cheema on Wednesday set up a separate directorate, called Directorate of Estate Management (Private Housing Schemes), in the authority.
Headed by a director of general cadre, the directorate will function under the administrative control of Chief Metropolitan Planner of the LDA. It will prepare a proper land bank of the LDA properties and their disposal through auction in the private housing schemes. Read More »LAHORE: LDA set up new wing to monitor private housing societies
* Buildings sans approved plan get one week to regularise
After carrying out a detailed survey of approved private housing schemes in the provincial metropolis, the Town Planning Wing of Lahore Development Authority (LDA) has issued notices to the owners who have constructed their houses without approval of building plans or in contravention of approved plans, for getting their constructions regularised within one week. Failure at the part of owners will invoke legal action against their buildings after this period.
Read More »LAHORE: LDA issues notices to building laws violators in 24 elite housing societies
The Lahore Development Authority (LDA) has launched a crackdown on housing schemes which are illegally extending their society area and committing other violations of approved scheme plans. In a joint endeavour on Tuesday, staff of… Read More »Crackdown on illegally set-up housing schemes in Lahore
Development work in Sector I11 would be expedited soon as the Capital Development Authority will vacate all the areas under adverse possession by the end of December.
This was decided in a meeting at the CDA Headquarters, chaired by Member Estate Shaista Sohail and participated by the representatives of Khyber Pakhtunkhwa Administration, UNHCR, ICT, police and other relevant government organisations.
The meeting was briefed on the chronic issues related to Sector I11, which are real hindrance in the development of the sector. Most important of all are the slums in this area, which not only hinder the development work but also cause multiple problems in the capital.Read More »Development work in Islamabad Sector I-11 to be expedited
There is good news for all those common and overseas Pakistanis who fell ‘prey’ to an alleged fixed balloting of the Capital Development Authority’s (CDA) ‘dream’ housing project – the Park Enclave.
The Senate was informed on Thursday that it had been decided that city managers would not only hold fresh balloting of the plots in the housing society but also reimburse money to those allottees, who don’t want to proceed anymore with the CDA.Read More »Islamabad Park Enclave plots balloting to be done afresh
By Muhammed Anis (The News)
The Capital Development Authority (CDA) has submitted a plan to the prime minister to give the federal capital a ‘City Centre’.
CDA Chairman Farkhand Iqbal told ‘The News’ on Wednesday that the ‘City Centre’ would be developed in Sector F-12 with inclusion of a portion of Sector F-13 for which a complete plan along with maps has been finalised. “The plan has already been submitted to Prime Minister Raja Pervaiz Ashraf for his final nod,” said the CDA chief while disclosing the plan.Read More »CDA proposes City Centre for Islamabad