CDA gets vacated land for D-12 road

ISLAMABAD: The Capital Development Authority (CDA) has got vacated the land meant for Service Road South of the Sector D-12, which was in adverse possession, says a press release. Director General Planning Ghulam Sarwar Sindhu led the force to got vacated the land from adverse possession and pave the way for construction of Service Road South, Sector D-12 as the Engineering Wing of the author ... more

No role of National Housing Authority in any project

ISLAMABAD:An officer of Ministry of Housing told this scribe on condition of anonymity that National Housing Authority (NHA) has nothing to do with the ministry due to which former DG audit Gulzar Hussain had advised former secretary housing Muhammad Abbas to dissolve NHA, but as there were pending court cases of NHA so it was decided not to dissolve the authority.

When New City Pr ... more

Ashiana allottees get surprise of life

The alleged vague policy, given by the Punjab Land Development Company (PLDC) for Ashiana Housing Project, has thrown the allottees into total confusion. They have been conveyed by the Bank of Punjab (BoP) now that they will have to pay a huge amount as mark-up on the proposed loan as per the bank policy, in addition to the actual amount of Rs 1,190,000. The PLDC loan facility policy, stated  ... more

Work on Rs2b flyover, underpass projects to kick off next month

At last, the city district government has approved the final design of long-awaited Chandni Chowk Flyover and Chur Chowk Underpass here on Tuesday and work is expected to start on these two projects next month. Earlier, Punjab government handed over these mega projects, costing Rs2billion, to Rawalpindi Development Authority (RDA) and ordered to finish it within three and half months. However ... more

CDA’s lease issue

ISLAMABAD: Though Capital Development Authority (CDA) is mulling to lease out another 28 acres of land to most controversial “The Gun and Country Club”, according to Islamabad Land Disposal Regulations the land can only be handed over to the club administration through auction, Daily Times learnt on Thursday. The 33 years lease of 145 acres of land in the use of club has been expired, but Pak ... more

Housing Ministry starts new business of forced evictions, allotments

ISLAMABAD: An influential group in Ministry of Housing and Works has started a new business of getting vacated houses form the allottees by force without giving notice and handing them over to the new allottees for Rs 3,00,000 to 5,00,000 each. To get the houses vacated by force gangsters have been called from Sargodha and Jhang and as soon as the Housing Ministry gets vacated a house a group ... more

CS orders urgent repair of Badin-Karachi Highway

KARACHI: Sindh Chief Secretary (CS) Raja Mohammad Abbas has urged the secretary works and services department to ensure immediate repair of Badin-Karachi Highway. In a meeting, he said safety of road network in the flood-hit areas of the province must be prioritised and repair of damaged roads should be undertaken immediately.

The CS also directed secretaries of different provi ... more

FIA gets warrants for search of suspects’ houses

ISLAMABAD: Federal Investigation Agency (FIA) on Thursday submitted investigation report about Kurri land scam in court which stated that former Director Land and Rehabilitation Waseem Shamshad Ali, Assistant Director Revenue Mian Aftab Ahmed and Assistant /Admin Officer Land and Rehabilitation Directorate Asghar Ali and others Capital Development (CDA) officials were allegedly involved in th ... more

ICT admin decides to make public G-14 record in 15 days

ISLAMABAD: On continuously highlighting the issues of sector G-14 by the Daily Times, the Islamabad Capital Territory (ICT) administration has finally decided to make public the list of affectees and the compensation amount to them by putting data on the website within 15 days. Besides, allottees of the plots in sector have also been taken into confidence and given assurance that they would b ... more

Ministry officials mint Rs 60m in PHA apartments’ project

ISLAMABAD: Pakistan Housing Authority (PHA) had launched project of the apartments in sector G-10 and G-11 to earn money and reduce burden on the exchequer, as government has been facing severe financial crunch, but over 30 officers of authority and Ministry of Housing and Work’s ancillary departments have got allotted these apartments on concessional rates in violation of rules causing a los ... more

Railways to retrieve 310 acres from land grabbers

PESHAWAR (APP): The Railways authorities will take cogent measures to get retrieved 310 acre land occupied by the land grabbers in different areas of Khyber Pakhtunkhwa (KP). The decision to this effect was taken at a meeting of the Sub-Committee of National Assembly’s Standing Committee on Railways which met here with its convener Ramesh Lal in the chair. The meeting was called to inspect th ... more

Property sales will stay sluggish

Dubai: Average sales rates across Dubai are predicted to continue falling after Eid, according to property analysts. Rates are expected to see a fall of 10 to 15 per cent across Dubai during the remainder of this year, according to Matthew Green, head of research and consultancy at CBRE. "However, we have to consider the fractional nature of the market as it stands, where individual developme ... more

UK building society expects more mergers

London: The UK building society sector will continue to see one or two mergers a year as the mutual lenders face pressures from low profitability, says KPMG, the professional services firm. The sector, down to 48 societies after a wave of mergers and takeovers in the financial crisis and downturn, will have a "continuing trickle" of deals, said Richard Gabbertas, a partner in KPMG's financial ... more