Lahore: Provincial Minister for Law, Raja Basharat chaired a meeting of the Cabinet Committee on Legislative Business at the Civil Secretariat on Tuesday. He pressed for devising an open policy to lease out state land for maximizing revenue in future.
In the meeting, proposed amendments to the Punjab Lease Policy for state lands were reviewed. It was unanimously agreed upon that that in future all leases and sale of state land will be made through open auction. Steps would be taken to enhance the existing rent of leased out state lands on par with market rates.
Raja Basharat has directed departments to scrutinize the status of organizations occupying state land on lease since years. He ordered the officers to stop any kind of privatization of state lands until the Punjab Privatization Board was revived.
For news and updates keep on visiting Graana blog
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…
The federal government has announced the abolition of Right of Way (RoW) charges on federal…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
