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CDA to construct parking plazas at shopping centres

Tuesday, December 27, 2011
CDA to construct parking plazas at shopping centres ISLAMABAD: Capital Development Authority (CDA) would establish multi purpose parking plazas at the busy shopping centres and all the major markets of the city would have separate parking places to facilitate traders and the visitors. Prime Minister Task Force on Islamabad Chairman Fasial Sakhi Butt inaugurating a separate parking for Aabpara Market adjacent to the Khayaban-e-Suharwardy here M ... more

CM seeks report from RDA ‘for not starting work on the project’

Friday, December 23, 2011
CM seeks report from RDA ‘for not starting work on the project’ Punjab Chief Minister Mian Shahbaz Sharif has sought a report from the Rawalpindi Development Authority (RDA) on the traffic control project regarding construction of two tunnels at Mareer Chowk. He has asked the RDA why work on the project has not yet been started despite provision of funds under the special development package, PML-N MNA Malik Shakil Awan told ‘The News’ on Tuesday. Shakil ... more

Parking Plaza to be operational from January 1

Wednesday, December 21, 2011
Parking Plaza to be operational from January 1 Rawalpindi Development Authority (RDA) after completing work on the first phase of the Parking Plaza at Fawara Chowk has finally awarded its contract to a private firm for its functioning from January 1, 2012. The RDA spokesman told ‘The News’ that work on the project was initiated a year ago and completed in scheduled time-frame. RDA generated the project funds on its own. In first phase RDA ha ... more

CDA removes illegal stalls from G-10 Markaz

Thursday, December 15, 2011
CDA removes illegal stalls from G-10 Markaz ISLAMABAD: The CDA Wednesday took action against the increasing encroachment in G-10 Markaz and removed several stalls and kiosks. On directives of Capital Development Authority (CDA) Chairman Farkhand Iqbal the Anti Encroachment department raided G-10 Markaz and removed encroachment from the bazaar. The action was taken on complaints lodged by the residents of area because increasing encroa ... more

RDA fails to repair leftover damaged road under Railway bridge

Wednesday, December 14, 2011
RDA fails to repair leftover damaged road under Railway bridge Rawalpindi Development Authority (RDA) has completed carpeting of Benazir Bhutto Road but failed to cover the leftover damaged portion beneath the Railway bridge at Mareer Hassan Chowk, which has been lying unattended for the last four months. When RDA executed work on carpeting of Benazir Bhutto Road worth Rs90 million it had left some damaged portion underneath the Railway bridge. As a result ... more

Roadwork creates jam on The Mall

Friday, December 09, 2011
Roadwork creates jam on The Mall LAHORE: Citizens faced serious transportation problems on Thursday evening due to massive traffic jams on the Mall Road and Link Road owing to the failure of the City Traffic Police in implementing a diversion plan in view of road widening between the Mall Road and Jail Road underpass in the provincial capital. Traffic on the Mall Road, Jail Road, Main Boulevard and its linking arteries was c ... more

Nakheel: We've paid Dh7.3b to creditors since 2010

Thursday, December 08, 2011
Nakheel: We've paid Dh7.3b to creditors since 2010 Dubai: Nakheel, Dubai property developer, said Thursday it had paid $2 billion (Dh7.3 billion) to trade creditors, following the restructuring of the company, since 2010. “We are pleased to announce that Nakheel has to date made payments of Dh7.3 billion to its trade creditors,” a Nakheel spokesperson said. “Today’s announcement marks another significant progress in our recapitalization pl ... more

China realty curbs risky as global crisis grows

Tuesday, December 06, 2011
China realty curbs risky as global crisis grows Shanghai: China's attempts to deflate its property bubble come at a perilous time. Fears that the euro might collapse, unleashing a tsunami of financial and economic disruptions around the globe, have added urgency to concerns that China's campaign to cool overheated housing prices may go too far. As economic growth wanes, Beijing has begun easing tight credit policies meant to cool inflatio ... more
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