{"id":8337,"date":"2014-07-04T12:07:53","date_gmt":"2014-07-04T12:07:53","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=8337"},"modified":"2017-12-11T12:32:11","modified_gmt":"2017-12-11T07:32:11","slug":"status-of-housing-societies-around-new-islamabad-airport-in-question","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/status-of-housing-societies-around-new-islamabad-airport-in-question.html","title":{"rendered":"Status of housing societies around New Islamabad Airport in question"},"content":{"rendered":"<p><a href=\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2014\/07\/question-mark-clip-art-for-powerpoint-194.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8338 aligncenter\" src=\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2014\/07\/question-mark-clip-art-for-powerpoint-194.jpg\" alt=\"Housing societies around airport\" width=\"600\" height=\"350\" srcset=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/07\/question-mark-clip-art-for-powerpoint-194.jpg 600w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/07\/question-mark-clip-art-for-powerpoint-194-300x175.jpg 300w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/07\/question-mark-clip-art-for-powerpoint-194-537x313.jpg 537w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>On orders from Prime Minister Mr Nawaz Sharif, the Civil Aviation Authority (CAA) has planned to cancel no-objection certificates (NOCs) issued under the National Airfield Clearance Policy to the housing societies around the New Benazir Bhutto International Airport in Islamabad.<\/p>\n<p>According to a news source, the Rawalpindi commissioner has told the CAA to cancel the NOCs immediately. Moreover, the authorities concerned are likely to take action against the government bodies that had issued NOCs to the housing societies without regard for CAA rules and regulations.<\/p>\n<p>This news is likely to raise some eyebrows, especially of those who had invested in any of the housing societies in the new neighbourhoods around the airport. We can\u2019t say exactly which housing societies will have their NOCs revoked, but apparently it looks like Pakistan Employees Cooperative Housing Society (PECHS), Shalimar Town, Top City, Mumtaz City, and Green City may be the societies the CAA will focus on.<\/p>\n<p>The government might be doing all this to curb security risks in the wake of the recent attack on Jinnah International Airport in Karachi and the mid-descent shooting of a Pakistan International Airlines plane in Peshawar. Personally, I don\u2019t think that the cancellation of NOCs will do much harm to the housing societies around the airport in the short term, but sale\/purchase activity may suffer temporarily. Obviously, these societies are not going to take this lying down, and we can expect some sort of legal wrangling to ensue.<\/p>\n<p>Though the outcome of this initiative is yet to unfold in its entirety, the real estate sector of Pakistan tends to react quite quickly to mere rumours. It wouldn\u2019t be fair of us to pronounce a verdict before time, so until then I suggest all the concerned investors to cross their fingers and hope for the best. <em>InshaAllah<\/em>, their hard-earned money will not be put in jeopardy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On orders from Prime Minister Mr Nawaz Sharif, the Civil Aviation Authority (CAA) has planned to cancel no-objection certificates (NOCs) issued under the National Airfield Clearance Policy to the housing societies around the New Benazir Bhutto International Airport in Islamabad. According to a news source, the Rawalpindi commissioner has told the CAA to cancel the NOCs immediately. Moreover, the authorities concerned are likely to take action against the government bodies that had issued NOCs to the housing societies without regard for CAA rules and regulations. This news is likely to raise some eyebrows, especially of those who had invested in any of the housing societies in the new neighbourhoods around the airport. We can\u2019t say exactly which housing societies will have their NOCs revoked, but apparently it looks like Pakistan Employees Cooperative Housing Society (PECHS), Shalimar Town, Top City, Mumtaz City, and Green City may be the societies the CAA will focus on. The government might be doing all this to curb security risks in the wake of the recent attack on Jinnah International Airport in Karachi and the mid-descent shooting of a Pakistan International Airlines plane in Peshawar. Personally, I don\u2019t think that the cancellation of NOCs will do&hellip;<\/p>\n","protected":false},"author":14,"featured_media":8338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[206,205,41,204,207,201,202,203],"persona":[],"class_list":{"0":"post-8337","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-civil-aviation-authority","8":"tag-green-city","9":"tag-islamabad","10":"tag-mumtaz-city","11":"tag-noc","12":"tag-pechs","13":"tag-shalimar-town","14":"tag-top-city"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Status of housing societies around New Islamabad Airport in question - Zameen News<\/title>\n<meta name=\"description\" content=\"On orders from Prime Minister Mr Nawaz Sharif, the Civil Aviation Authority (CAA) has planned to cancel no-objection certificates (NOCs) issued under the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/status-of-housing-societies-around-new-islamabad-airport-in-question.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Status of housing societies around New Islamabad Airport in question - Zameen News\" \/>\n<meta property=\"og:description\" content=\"On orders from Prime Minister Mr Nawaz Sharif, the Civil Aviation Authority (CAA) has planned to cancel no-objection certificates (NOCs) issued under the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/status-of-housing-societies-around-new-islamabad-airport-in-question.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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