January 2021

NHA and Naya Pakistan Housing Authority

MERGER OF NHA AND NAYA PAKISTAN HOUSING AUTHORITY

NAYA PAKISTAN HOUSING AUTHORITY The Cabinet Committee on Institutional Reforms (CCIR)  approved the merger of National Housing Authority and Naya Pakistan Housing Authority under the Cabinet Division. The committee has sent a summary to the federal cabinet for final approval. RULES OF BUSINESS Meeting was held and presided over by Federal Minister for Education, Professional Training, National...

New schemes in Balochistan

CM APPROVES 1505 SCHEMES FOR BALOCHISTAN

1505 SCHEMES FOR BALOCHISTAN The Planning and Development Department has given authorization of Rs55 billion for carrying out new and ongoing schemes for Balochistan. It includes the Public Sector Development Program for the year 2020-21. Resources informed during a meeting. This was presided over by Chief Minister Jam Kamal Khan Alyani and Chief Secretary retired Captain Fazeel Asghar. ANNUAL...

Housing finance

LIST OF BANKS PROVIDING HOME LOAN IN PAKISTAN

INTRODUCTION Although, banking sector being quite dynamic in Pakistan. Moreover, consumers are making extensive use of different types of loans for various purposes, making use of mortgages or home loan service is still not as prevalent as other types of finances. People in Pakistan spend their lives in saving the money, in order to be able to buy their own house. Still, very few can manage to actually...

Tourism

PAKISTAN SAUDI ARABIA TO DISCUSS VENTURES IN TOURISM AND ENERGY SECTOR

Omar Ayub, the Energy Minister has stated that the government is focusing on the TOURISM AND ENERGY sector projects by harnessing local resources for the generation of power. As per the shared details, Omar Ayub Khan said this during a meeting with the Ambassador of the Kingdom of Saudi Arabia Nawaf bin Saeed Ahmed Al-Malki who called on him on Wednesday. TOURISM AND ENERGY SECTOR The minister and...

Lahore

LAHORE AMONG WORLD’S DREAM DESTINATIONS FOR 2021

New York Times enlisted the historic walled city of Lahore in 52 dream destinations for tourism lovers to visit in 2021. The NYT, an American Daily with a worldwide readership, compiled its list, 52 places to live in 2021. After having more than 2,000 suggestions, received by it from the readers. They asked them about the spots that had delighted, inspired and comforted them in a dark year. It is not the...

Ban on construction in two sectors

FEDERAL GOVERNMENT BANS CONSTRUCTION IN TWO SECTORS

Federal Government bans construction in Islamabad's sectors G-12 and F-12. Moreover, additional Deputy Commissioner General Rana Waqas Anwar imposed Section 144 in villages Tamma and Mohryan, Park Road in a notification issued on Thursday. They have banned all types of construction without any legal authority and documents. This ban will be in place for two months. The federal government, with the...

Economic growth in Islamabad

ECONOMIC ACTIVITY WORTH PKR 100 BN IN ISLAMABAD

ECONOMIC ACTIVITY WORTH PKR 100 BN As the government has been focusing on the construction sector, data released by Capital Development Authority (CDA) showed that Federal capital generated an economic activity worth around Rs100 billion. Contrary to the calendar year 2019 when BCS approved maps of around 350 buildings, the Building Control Section (BCS) of the civic agency in 2020 approved maps of 2,315...

PM

PM BRIEFED ON URBAN DEVELOPMENT PROJECTS

IMRAN KHAN Prime Minister Imran Khan on Thursday(7.JAN.2021) received briefings from the chief secretaries of Khyber Pakhtunkhwa, Sindh and  chairman of the Capital Development Authority (CDA). They briefed PM on various urban development projects. According to an official announcement by the PM Office, Mr Khan expressed the hope that the provincial governments would take greatest advantage of the...

Islmabad to be made a model city

ISLAMABAD SHOULD BE MADE A MODEL CITY

ISLAMABAD SHOULD BE MADE A MODEL CITY A few citizens seriously concerned about the state of civic amenities in the federal capital Islamabad and the Chamber of Commerce took the decision of working in unity for the improvement of the city. As per the shared details, a delegation of the Islamabad Citizens Committee (ICC) led by its President Syed Siddiq Hassan visited the Islamabad Chamber of Commerce...

Galliyat facilitation camps

FACILITATION CAMPS SET UP FOR TOURISTS IN GALLIYAT

CAMPS SET UP FOR TOURISTS The Galliyat Development Authority (GDA) has set up as many as ten camps to help tourists coming to the beautiful valleys amid sporadic snowfall, GDA official Ahsan Hameed shared on Wednesday. "GDA has set up the camps up along the Galliyat route. Thus, starting from Harno and leading towards Barian," he added. He said that we have aimed this initiative at providing help to...

CDA carpeting all roads of Islamabad

CDA CARPETING ALL ROADS OF ISLAMABAD

ROADS IN ISLAMABAD Capital Development Authority (CDA) has started carpeting of the entire main and link roads of capital. It includes sector I-11, I-14, I-8, I-9, I-10, G, and H series. According to details CDA has completed 10% developmental work on box No4 of sector I-11. Whereas, they have also completed  25% of work on the drainage system in I-11. In addition, the tender for street No32 of the said...

BY LAWS OF REAL ESTATE

BY LAWS OF REAL ESTATE IN PAKISTAN

BY LAWS OF REAL ESTATE IN PAKISTAN INTRODUCTION LEGAL DEFINITION OF OWNERSHIP REAL ESTATE RELATED LAWS IN PAKISTAN The Transfer of Property Act, 1882 Land Revenue Act, 1967 Stamp Act 1899 Registration Act 1908 TYPES OF REAL ESTATE SALES OF REAL ESTATE IN PAKISTAN PURCHASE OF REAL ESTATE IN PAKISTAN RENTING OF REAL ESTATE IN PAKISTAN GIFT OF REAL ESTATE MORTGAGE...

Types of real estate

TYPES OF REAL ESTATE

TYPES OF REAL ESTATE TABLE OF CONTENTS WHAT IS REAL ESTATE TYPES OF REAL ESTATE EXAMPLES OF REAL ESTATE REAL ESTATE INVESTING REAL ESTATE INDUSTRY:HOW IT WORKS CONCLUSION WHAT IS REAL ESTATE The property, land, buildings and air rights above the land and underground rights below the land. The term means real, or physical, property.  “Real” comes from the Latin root res,...

Mohmand marble plants

INVESTORS START INSTALLING PLANTS IN MOHMAND AS PART OF CPEC

INSTALLING PLANTS IN MOHMAND AS PART OF CPEC Mohmand, a Pakistani district bordering Afghanistan, is going to witness a new era of development. Since, industrialists prepare to install marble processing plants at the special economic zone being developed under CPEC. According to a report published by Gwadar Pro on Sunday, Mohmand, and surrounding districts of Bajaur and Khyber, are rich in a vast variety...

LANDSCAPING PROJECT Srinagar highway

CDA LAUNCHES LANDSCAPING PROJECT ALONG SRINAGAR HIGHWAY

CDA LAUNCHES LANDSCAPING PROJECT The Capital Development Authority (CDA) announced the launch of the landscaping project along the 25 km long Srinagar Highway on Tuesday. Reportedly, the purpose of the project is to enhance the beauty of one of Islamabad’s main thoroughfares. Moreover, they have initiated this project under the banner of the Clean and Green Pakistan program. As per a media report,...

Sewage plant in Islamabad

CAPITAL’S ONLY SEWAGE PLANT BECOMES FUNCTIONAL AFTER YEARS

SEWAGE PLANT BECOMES FUNCTIONAL After four years, the city managers on Tuesday (5.JAN.20221) restored the only sewage treatment plant (STP) of the city to put it into use for horticulture purposes. Authorities established the plant in 2009 in I-9 at a whopping cost of Rs2.72 billion. But later the facility lost its utility due to the negligence of the Capital Development Authority (CDA). After remaining...

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