Emaar unveils advanced post-tension construction system

Thursday, March 31, 2011

Islamabad—Emaar Pakistan, the country subsidiary of the global property developer Emaar Properties PJSC, has achieved a new milestone in the construction sector by becoming the first company in the country to implement the post-tension construction system for developing the 27 storey Coral Tower, a key residential tower in Emaar’s up-market Crescent Bay master-planned community. “This is the  ... more


A Bogus Asian Pearl

Wednesday, March 30, 2011

If closely assayed, the port at Gwadar, Pakistan—touted as part of China’s string of maritime gems—loses its luster, looking more like a counterfeit than the real thing. China’s investment in the construction of the Port of Gwadar in western Pakistan has fueled speculation for nearly a decade that the Pakistani port is a keystone of China’s political, economic, and military ambitions in the I ... more


Shahbaz approves Aashiyana schemes for more cities

Wednesday, March 30, 2011

CHIEF Minister Muhammad Shahbaz Sharif has granted approval to the launching of Aashiyana Housing Scheme for low-income people in Faisalabad, Sargodha, Jehlum and Sahiwal on the pattern of Lahore and directed start of work on the schemes as early as possible. He was presiding over a meeting regarding Aashiyana Housing Project here on Tuesday. Punjab Land Development Company Chairman Sheikh Al ... more


LHC bars RCB from construction on land in Dhoke Syedan

Tuesday, March 29, 2011

RAWALPINDI: Lahore High Court (LHC) Rawalpindi bench Justice Ijaz Ahmad Chaudhry on Monday directed executive officer Rawalpindi Canton-ment Board (RCB) not to raise any construction on the vacant piece of land near Dhoke Syedan. The decision came after the protest by the residents of the area against the construction of overhead water tank. The chief justice summoned RCB Chief Rana Manzoor A ... more


LHC restricts Kalma Chowk flyover work

Tuesday, March 29, 2011

LAHORE: A division bench of the Lahore High Court comprising Justice Umar Ata Bandial and Justice Asad Munir, while hearing an inter-court appeal, restrained the Punjab government from carrying out any construction work on the Kalma Chowk flyover project at Kalma Chowk, Ferozepur Road. The bench ordered that any construction work at the site should be carried out with permission of the court. ... more


Shahbaz approves Aashiyana schemes for more cities

Monday, March 28, 2011

CHIEF Minister Muhammad Shahbaz Sharif has granted approval to the launching of Aashiyana Housing Scheme for low-income people in Faisalabad, Sargodha, Jehlum and Sahiwal on the pattern of Lahore and directed start of work on the schemes as early as possible. He was presiding over a meeting regarding Aashiyana Housing Project here on Tuesday. Punjab Land Development Company Chairman Sheikh Al ... more


Shahbaz approves Aashiyana schemes for more cities

Monday, March 28, 2011

CHIEF Minister Muhammad Shahbaz Sharif has granted approval to the launching of Aashiyana Housing Scheme for low-income people in Faisalabad, Sargodha, Jehlum and Sahiwal on the pattern of Lahore and directed start of work on the schemes as early as possible. He was presiding over a meeting regarding Aashiyana Housing Project here on Tuesday. Punjab Land Development Company Chairman Sheikh Al ... more


Shahbaz approves Aashiyana schemes for more cities

Monday, March 28, 2011

CHIEF Minister Muhammad Shahbaz Sharif has granted approval to the launching of Aashiyana Housing Scheme for low-income people in Faisalabad, Sargodha, Jehlum and Sahiwal on the pattern of Lahore and directed start of work on the schemes as early as possible. He was presiding over a meeting regarding Aashiyana Housing Project here on Tuesday. Punjab Land Development Company Chairman Sheikh Al ... more


PDWP okays projects worth Rs 13bn in Sindh

Friday, March 25, 2011

Karachi: The Provincial Development Working Party (PDWP) has approved 11 different development schemes and projects worth of Rs 13.226 billion, including construction of Trauma Centre at Ojha Institute. However, the case about the establishment of four combined effluent treatment plants will be sent to the federal government for approval of the Central Development Working Party (CDWP). This w ... more


DHA City Karachi steering committee meeting held

Friday, March 25, 2011

Karachi: A meeting of the Steering Committee of DHA City Karachi (DCK) presided by Administrator DHA Brig Aamer Raza Qureshi was held on Thursday at DHA’s Main Office to review / evaluate the salient aspects of ongoing master planning of the new satellite city to be built on Super Highway.

The committee was informed that the initial zonal and land use plan describing the concepts o ... more


Reply sought in Journalists Housing Society park case

Wednesday, March 23, 2011

Justice Sheikh Azmat Saeed of the Lahore High Court on Tuesday sought replies from respondents on a petition challenging proposed conversion of recreational park at the Lahore Press Club Journalist Housing Scheme, Harbanspura, into a residential area by way of carving out of it plots for as many as 295 newly inducted members of the club. Earlier, the Lahore Development Authority, through its  ... more


CDA to change status from ‘industrial’ to ‘residential’

Friday, March 18, 2011

The Capital Development Authority (CDA) has in principal decided to change the status of Sector I-17 from ‘industrial’ to ‘residential’, the Chairman of the Authority told ‘The News’. “In fact the ‘I-series’ sectors were all meant to be residential sectors. However, the status of some parts of I-9 and I-10 were declared as ‘industrial’ back in 1980s. Even in the past a few attempts were made  ... more


Japanese could curb UK realty investment

Friday, March 18, 2011

London: Japanese investors may reduce UK property holdings, which include stakes in the largest real-estate investment trusts, as they focus on rebuilding in their home country following its strongest earthquake on record. "There must be the risk of a general repatriation of overseas assets by Japanese investors as they focus inwards after the earthquake," Mike Prew, an analyst at Nomura Inte ... more


Aashiyana Housing Scheme inaugurated

Wednesday, March 16, 2011

LAHORE – Punjab Chief Minister Muhammad Shahbaz Sharif has said that first housing scheme “Aashiyana” is a revolutionary project of Punjab government for low-income people, and under the leadership of PML-N Quaid Mian Muhammad Nawaz Sharif, it is an important step towards transforming the country in accordance to the ideals of Quaid-e-Azam and Allama Iqbal.

“Like other projects of t ... more


LDA officials to face cases if plaza built on park land: LHC

Wednesday, March 16, 2011

Lahore: JUSTICE Sheikh Azmat Saeed of the Lahore High Court on Tuesday observed that the LDA authorities would face criminal cases if Liberty Park and Ride Shopping Plaza was constructed on land of recreational park. Justice Saeed issued this warning to the LDA while hearing a petition challenging construction of the plaza, when petitioner’s counsel said the shopping plaza was being built on  ... more


Survey lets residents compare Dubai property service charges

Tuesday, March 15, 2011

DUBAI: Property owners will soon be able to compare the service charges they pay with an emirate-wide average, following the publication of a survey into benchmark fees that is set to boost transparency in the market. In its initial study – which is based on a small sample size – the Middle East Facility Management Association (Mefma) found the average charge for residential towers in Dubai c ... more


SC reserves verdict on CDA’s joint venture agreement

Monday, March 14, 2011

ISLAMABAD, Mar 14 (APP): The Supreme Court on Monday reserved its verdict on the issue of a joint venture agreement between the Capital Development Authority and the Multi-Professional Cooperative Housing Society (MPCHS) to develop 54 acres of land in Sector E-11 Islamabad.The two-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry and Justice Ghulam Rabbani reserved its judgemen ... more


Capital to be divided in two districts before budget

Sunday, March 13, 2011

ISLAMABAD, March 13: Minister for Law Babar Awan on Sunday said the decision on bifurcation of the capital into two districts East and West will be implemented before the coming budget. Islamabad will be divided into two districts before the coming budget of 2011-12,” the minister said while inaugurating a newly constructed road in village Jhangi Syedan. The government, he said, will provide  ... more


Islamabad: Pending projects started soon: CDA

Monday, March 07, 2011
ISLAMABAD: Spokesman for Capital Development Authority (CDA) Ramzan Sajid said currently mega project of Zero Point Interchange was in final stages and Chairman Imtiaz Inayat Elahi has started the project of Kashmir Highway, Parliament Lodges extension and Lehtrar Road. He said the other projects would also be started with the passage of time.  ... more

Smart City impact: Kakkanad as ‘new Cochin’

Friday, March 04, 2011

Investors, who had kept off the realty sector in the state’s commercial capital of Cochin because of the uncertainty over the Smart City project four years ago, are back with a bang after the mega IT project got a new lease of life last month. Land prices in and around Kakkanad, where the project will come up, soared by Rs50,000 to Rs100,000, soon after a revised agreement was signed between  ... more


DHA to restart collecting refurbishment charges from next month

Friday, March 04, 2011

The Defence Housing Authority (DHA) would restart collecting Refurbishment charges from its residents from next month when a three month period will expire during which collection of the charges had to be suspended on instructions of a parliamentary committee. This was stated by Administrator DHA, Brigadier Aamir Raza Qureshi, while he was talking to the journalists at an informal briefing on ... more

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