Friday, September 26, 2008
By Muhammad Anis
The Capital Development Authority (CDA) started carpeting of the Faisal Avenue underpass road at the Citibank Chowk here on Thursday to give final touches to the project.
“We have completed 25% of carpeting work. Work on the underpass will be finished by September 30 and the road would be opened for traffic before Eid,” a CDA official told ‘The News’ o ... more
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Friday, September 26, 2008
Shahbaz Sharif said the main responsibility of the Punjab Horticulture Authority was beautification of the city rather than to mar it through the installation of billboards. He said that the PHA would now resume the project of transformation of Lahore into the “City of Gardens” and trees would be planted at all public places, offices as well as highways.
He also issued orders for ... more
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Thursday, September 25, 2008
Dubai — Trends in urban planning in Asia as well as good master planning will be discussed before visitors to the First Philippine Property Show in the Middle East which opens this Friday, said a Press release on Wednesday. The show’s project director, Jose Tuano, announced that Architect Medardo Cadiz, CEO and Principal Architect of Cadiz International will deliver one of the keynote speeche ... more
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Thursday, September 25, 2008
DUBLIN - Ireland's was the first euro zone economy to slip into recession this year, figures showed on Thursday, as the bursting of a property bubble ended 25 years of sustained growth in the once mighty ‘Celtic Tiger’.
Official data from the country's Central Statistics Office showed gross domestic product (GDP) fell for the second successive quarter in the three months to end-Ju ... more
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Tuesday, September 23, 2008
LAHORE - The Punjab government has refused to hand over the possession of the President House Murree to the federal government, saying the place was illegally occupied by the former President Pervez Musharraf during his tenure. The provincial government has also asked the federal authorities to provide the ownership proof of the Presidency otherwise it would be deemed as the property of the P ... more
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Monday, September 22, 2008
Memon Investments, a leading Dubai-based property developer and part of the Memon Group of Companies, has announced unveiled of the Dh338 million Frankfurt Sports Tower I in Dubai Sports City. Emanating a German-inspired ambiance, FST I is slated for completion by the first quarter of 2011. The real estate developer has also registered an Escrow account for this freehold residential tower wit ... more
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Thursday, September 18, 2008
Islamabad: National and international firms have been invited to submit their expressions of interest to construct a multi-storey 8,000 residential apartments in I-15 Sector, it was learnt.
The flats would be earthquake proof and about 16 firms including three international firms have been shortlisted for the project, a CDA official said. He also said that the sector would have 17 ... more
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Thursday, September 18, 2008
Rawalpindi: Muhammad Raja Basharat, Punjab Minister for Law, Parliamentary Affairs and Local Bodies has said that they have submitted a bill in Punjab Assembly seeking exemption from paying taxes on 5 Marla Houses in Rawalpindi and Chaklala Cantonment Boards.
He said this while he was distributing Rs. 4.7 Million for Water Supply Scheme for Officers Colony Misrial Road. He critici ... more
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Wednesday, September 17, 2008
Britons are still investing in France despite some difficulties in finding the finance at home, it has been stated.
French property specialist firm VEF has said that its conversations with investors at the recent French Property Show in London have revealed a number of ways in which people have been able to adjust their plans.
One has been to abandon plans to sell a UK ... more
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Friday, September 05, 2008
The Land Acquisition Commission here Monday apprised the Islamabad High Court that it would start payment for the acquired land in Sector G-14 from today (Tuesday) for development of plots to the federal government employees, journalists and lawyers.
The single bench of Chief Justice Sardar Mohammad Aslam heard the writ petition filed by Dr Mohammad Aslam Khaki advocate. Liaquat A ... more
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Friday, September 05, 2008
Despite possible growth in defaults, all mortgage rates drop slightly with the help of unexpected economic growth.
New York (CNNMoney.com) -- Mortgage rates declined, easing for the third straight week, according to a report from mortgage finance giant Freddie Mac.
Rates for 30-year fixed-rate mortgages (FRMs) averaged 6.35% in the week ending Sept. 4, according to Fre ... more
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