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Pakistanis rank among top 10 real estate buyers in Dubai

Pakistanis rank among top 10 real estate buyers in Dubai

August 1, 2022

DUBAI: Dubai’s real estate market recorded 8,897 monthly sales transactions worth Dh22.75 billion, the highest volume reported for the month of June since the past nine years. Property consultant Betterhomes reported that, in the first half of the year, there was a 60% surge in residential real estate transactions, with[...]
Rawal Dam flyover project nears completion. For more information, visit Graana News.

Rawal Dam flyover project nears completion

August 1, 2022

ISLAMABAD: The Rawal Dam flyover project has entered its final stages as the project is set to be completed by the end of September. According to the Capital Development Authority (CDA), most of the filling work has been completed on both ramps of the flyover, with further instructions for compaction[...]
DHA Lahore has issued a final public notice of cancellation to allottees who have not payed their dues. For more information, visit Graana News.

DHA Lahore issues final notice for payment of dues

July 29, 2022

Defense Housing Authority Lahore has issued a final public notice of cancellation to allottees who have not payed their dues. The DHA administration has stated that the notice issued earlier had given a date of June 30, 2022 for payment of dues.  In the recent notice issued by the DHA[...]
PTI Chairman agrees to sign Charter of Economy. For more information, visit Graana News.

PTI Chairman agrees to sign Charter of Economy

July 29, 2022

ISLAMABAD: Pakistan Tehreek-e-Insaaf (PTI) Chairman Imran Khan has agreed to sign a Charter of Economy (CoE) to save the country from the current economic crisis. The Rawalpindi Chamber of Commerce and Industry (RCCI) has drafted the Charter of Economy.  In a meeting with the RCCI, Khan expressed his willingness to[...]

CDA cancels licenses of 14 housing societies

July 28, 2022

ISLAMABAD: The Capital Development Authority (CDA) has cancelled the licences of 14 housing societies that failed to register with the district administration. The societies were required to register in the districts they were located. Since they failed to comply with the requirements set in place by CDA, their licenses have[...]
CDA eases property transfer procedure

CDA eases property transfer procedure

July 28, 2022

ISLAMABAD: The Capital Development Authority (CDA) stated in a press release on Wednesday that it has simplified the process of property transfer (and other related procedures) to facilitate citizens.  Irrelevant documents and other unnecessary requirements have been discarded to further facilitate the citizens.  Previously, the printing of transfer letters of[...]
CDA to investigate illegal plots’ allotment in D-13. For more information, visit Graana News.

CDA to investigate illegal plots’ allotment in D-13

July 26, 2022

ISLAMABAD: The Capital Development Authority (CDA) on Monday formed an inquiry committee to investigate the fake and illegal allotment of plots in sector D-13. According to a notification issued by the civic agency, the committee will be headed by Deputy Director General Estate Afnan Alam. The inquiry committee will investigate[...]
SECP registered 4,791 real estate companies in FY22

SECP registered 4,791 real estate companies in FY22

July 26, 2022

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered a total of 26,502 new companies in FY 2021-22, which is an increase of 4% from the previous fiscal year. The number of registered companies with the SECP is now 172,206.  Most of these were registered in the real estate[...]
Karachi braces itself for third monsoon spell. For more information, visit Graana News.

Karachi braces itself for third monsoon spell

July 25, 2022

KARACHI: After torrential monsoon rains lay-waste through most of Sindh and Balochistan, the Pakistan Meteorological Department (PMD) has issued a warning of another monsoon system throughout Sindh, including Karachi. According to a statement issued by the PMD’s Chief Meteorologist Sardar Sarfaraz, a third monsoon spell is expected to perforate through[...]
Prices of construction materials surge by 20%

Prices of construction materials surge by 20%

July 25, 2022

The unprecedented price increase of petroleum, along with the Pakistan rupee’s continued free fall against the dollar, has triggered dire effects in every sector, especially the construction sector. Different reports state that these two factors have caused an alarming increase of more than 20% in the prices of materials commonly[...]