Archive for April, 2009

Abu Dhabi real estate firm starts 2009 on a positive note

Wednesday, April 29th, 2009 Posted in Dubai Real Estate | No Comments »

Abu Dhabi's leading real estate firm, Sorouh Real Estate PJSC announced its results for the first quarter of 2009. Net profit for the 1st quarter 2009 was Dh130.4m representing an ... Read more..

Dubai Govt to meet all contractual obligations

Tuesday, April 28th, 2009 Posted in Dubai Real Estate News | No Comments »

Dubai's government will continue to meet all its contractual obligations, including to contractors, but said it would not decide how companies that had received state aid would use those funds. ... Read more..

Property prices in Dubai reports decline of 41% for Q1 of 2009: Colliers International

Tuesday, April 28th, 2009 Posted in Dubai Real Estate | No Comments »

Colliers International, the global real estate consultancy, has released the Dubai House Price Index (HPI) for Q1 2009, which indicates a decline in the overall index of 41% for ... Read more..

Al Jaber wins major Dubai airport Concourse 3 deal

Tuesday, April 28th, 2009 Posted in Business | No Comments »

Abu Dhabi: Al Jaber Engineering and Contracting (Alec) has been awarded a Dh4.3-billion contract to build Concourse 3 of Dubai International Airport, Fatima Obaid Al Jaber, the chief operating officer ... Read more..

Bahrain property developer plans first project in UAE

Saturday, April 25th, 2009 Posted in UAE Real Estate | No Comments »

Property developer based in Bahrain, Crown Dilmun Development plans to start construction at its first project in the UAE, a $500 million (Dh1.84 billion) mixed-use property in Ras Al Khaimah ... Read more..

Nazim Karachi Warns Contractors Against Slow Peace Of Work

Friday, April 24th, 2009 Posted in Pakistan Property | No Comments »

Karachi Apr 21: Nazim Karachi Syed Mustafa Kamal has expressed acute displeasure on the slow pace of work on development projects currently going on in the city. Read more..

Pakistan Real Estate News “Underpass at Jhelum Road to ease problem”

Thursday, April 23rd, 2009 Posted in Pakistan Real Estate News | 1 Comment »

Rawalpindi To ease traffic load at Kutchery Chowk, an underpass with a cost of Rs400 million is being constructed at Jhelum Road to divert vehicles to Adiala Road and Airport Road. Read more..

Another $10bn bond planned by Dubai to brighten real estate prospects further

Wednesday, April 22nd, 2009 Posted in Dubai Real Estate News | No Comments »

In keeping with Dubai's efforts to shore up real estate sector, another $10 billion (Dh36.73 billion) is being raised by selling bonds this year to tide over the present crunch. Read more..

Pakistan offers security to investors

Tuesday, April 21st, 2009 Posted in Pakistan Property | 1 Comment »

Dubai: Pakistan will provide constitutional cover to protect local and foreign investments in the country, a top government official has said. Read more..

UAE confident of bouncing back

Tuesday, April 21st, 2009 Posted in Dubai Real Estate News | No Comments »

Confidence is a fragile thing that can swing wildly from being upbeat and willing to take the calculated risks that drive an economy to suddenly evaporating and putting new projects ... Read more..

Cityscape Abu Dhabi to be bigger than ever

Sunday, April 19th, 2009 Posted in Dubai Real Estate | No Comments »

According to the organizers, with the global economic slowdown dampening enthusiasm for short-term speculative property investment, Cityscape Abu Dhabi, which opens today, is going back to its roots. Despite the ... Read more..

UAE capital all set for complete makeover by 2015

Sunday, April 19th, 2009 Posted in UAE Real Estate | No Comments »

Abu Dhabi's real estate and infrastructure projects are going on in full swing, with developers and government entities investing huge sums to create an extremely trendy city at par with ... Read more..

Complicated issue of plot allotments in Islamabad!

Friday, April 17th, 2009 Posted in Pakistan Real Estate News | 3 Comments »

Islamabad How plots are being allotted in posh and expensive sectors of Islamabad is an interesting phenomena and new facts are throwing light on this process. In one case the officer ... Read more..

Gulistan-e-Jauhar residents suffer as encroachments go on

Thursday, April 16th, 2009 Posted in Pakistan Property | No Comments »

Since 1992, Atoof Ahmed had been fighting in court over a plot of land in Block-6, Gulistan-e-Jauhar, that legally belonged to him. The plot, however, was taken over by a ... Read more..

Nazim Karachi Syed Mustafa Kamal Review Pace Of Work on Corridor-3

Wednesday, April 15th, 2009 Posted in News | No Comments »

City Nazim Syed Mustafa Kamal has directed concern officers to accelerate pace of work on all ongoing development projects so that they could be opened for public as soon as ... Read more..

Dubai Metro on course for scheduled launch as RTA completes tunnelling work

Wednesday, April 15th, 2009 Posted in People & Places | 1 Comment »

The Dubai Roads and Transport Authority (RTA) finished tunnelling work on both the Red and the Green Lines of the Dubai Metro project. Read more..

Two nuclear power plants approved by government of Pakistan

Tuesday, April 14th, 2009 Posted in News | No Comments »

ISLAMABAD (April 13 2009): The government has formally approved the much-awaited two more nuclear power plants, of 340 MW each (cumulative capacity 680 MW), at Chashma at a cost of ... Read more..

MCB, Habib banks vie for RBS Pakistan

Tuesday, April 14th, 2009 Posted in Economy | 2 Comments »

KARACHI: Two of the largest Pakistani banks on Monday expressed their interest in acquiring domestic operations of Royal Bank of Scotland (RBS), which recently put on sale its business in ... Read more..

Islamabad: Construction in Zone-I banned

Monday, April 13th, 2009 Posted in Pakistan Property | No Comments »

ISLAMABAD: Capital Development Authority (CDA) has warned developers of housing schemes and people against construction in Zone-I sectors of the capital, saying any type of construction, sale and purchase of ... Read more..

Rufi Builders Launched New Project Rufi Dream Land City

Saturday, April 11th, 2009 Posted in Pakistan Real Estate News | 63 Comments »

Rufi Dream Land City Located At Minutes Drive from Nipa roundabout in the vicinity of rapidly devloping residential area, provide that extra feeling of security. Read more..

Pakistan Housing Authority constructs flats/apartments for general public under PM housing scheme

Friday, April 10th, 2009 Posted in Pakistan Real Estate News | 5 Comments »

ISLAMABAD , Feb.4 (APP): Pakistan Housing Authority (PHA) will construct apartments/flats for general public under Prime Minister Housing Scheme to address the shortage of houses in the federal capital. ... Read more..

Plot Wanted in Bahria Town Islamabad I want Plot in Bahria Town

Thursday, April 9th, 2009 Posted in Pakistan Property | 1 Comment »

Plot Wanted in Bahria Town Islamabad I want Plot in Bahria Town Read more..

Pakistan Plots – Sell Buy & Rent Plot Land Pakistan Property Plots

Thursday, April 9th, 2009 Posted in Pakistan Property | No Comments »

600SY Double Story House For Rent NP marketing Offers 622 SY beautifully Located Double story House available for Rent in F-7 Islamabad. House is Full Marble Flooring and comprises of 4 ... Read more..

Nine schemes of AJP underway in Balochistan

Thursday, April 9th, 2009 Posted in News | No Comments »

ISLAMABAD (April 09 2009): Work on nine schemes in various districts of Balochistan is in progress under Access to Justice Programme (AJP) and a number of schemes under the same ... Read more..

IMF says Pakistan needs extra assistance

Wednesday, April 8th, 2009 Posted in Economy | No Comments »

ISLAMABAD: The International Monetary Fund says that Pakistan needs additional aid to withstand a decline in domestic economic activity as exports have dropped in line with slowing growth around the ... Read more..