Archive for June, 2009

Park Lane Islamabad

Wednesday, June 24th, 2009 Posted in Pakistan Property | No Comments »

Parklane Islamabad is located against the planned 1600 apartments in the center of beautiful E-11, Islamabad. It is situated right on main double road running across the center of E-11 ... Read more..

Nazim Karachi Establishment of “Karachi Development Trust announced”

Wednesday, June 24th, 2009 Posted in Eco-Friendly | No Comments »

Karachi. June 23: Nazim Karachi Syed Mustafa Kamal has announced to establish “Karachi Development Trust” to carry on the process of development and maintenance of infrastructure in Karachi. Read more..

CCTV cameras to be installed at railway stations

Wednesday, June 24th, 2009 Posted in News | No Comments »

Pakistan Railways would install Close Circuit Television (CCTV) cameras at all major railway stations of Rawalpindi Division to counter terrorist activities, a Railways official said on Tuesday. Read more..

Merger of Askari Bank, Mybank likely

Wednesday, June 24th, 2009 Posted in Business | 1 Comment »

KARACHI: Askari Leasing on Tuesday expressed its intentions to merge with sister concern Askari Bank, which in turn wants to amalgamate with Mybank, in what experts say is a survival ... Read more..

PC-II of surveillance project approved

Monday, June 22nd, 2009 Posted in Pakistan Property | No Comments »

PUNJAB Police have approved a PC-II of a surveillance project for installation of Integrated Close Circuit TV (CCTV) cameras and X-Ray vehicle scanners at entry/exit points of the province, big ... Read more..

LDA DG’s first open court turns into protest

Monday, June 22nd, 2009 Posted in Pakistan Property | No Comments »

THE first open court of the newly-appointed director general of the Lahore Development Authority turned into a protest demonstration after the DG and other LDA officials failed to reach the ... Read more..

Rawalpindi Chaklala Cantt to impose tax on 5-marla plots

Saturday, June 20th, 2009 Posted in Pakistan Property | No Comments »

Rawalpindi: Taking a leaf out of the Rawalpindi Cantonment Board (RCB) book, the Chaklala Cantonment Board (CCB) has decided to impose property tax on those owners of five-marla plots who ... Read more..

CDA to upgrade Islamabad water supply system

Saturday, June 20th, 2009 Posted in News | No Comments »

The water supply system of Islamabad would be upgraded and rehabilitated by the Capital Development Authority (CDA) with the total cost of Rs11 billion. Read more..

Pakistan signs $700m MoU with China

Saturday, June 20th, 2009 Posted in Business | No Comments »

BEIGING: Pakistan signed here on Friday a memorandum of understanding (MoU) with EXIM Bank of China for $700 million to generate electricity through 12 small and medium-sized dams and water ... Read more..

Delay in Tulsa Road repair causing trouble for people

Thursday, June 18th, 2009 Posted in Pakistan Property | No Comments »

Rawalpindi A lot of money has presumably been spent to ‘fix up’ Tulsa Road. The work on this project began before the winter of 2008-09 had truly set in. There ... Read more..

Karachi: Defence residents should refuse to pay refurbishment charges

Thursday, June 18th, 2009 Posted in Pakistan Real Estate News | No Comments »

Karachi:The Defence Society Residents’ Association (DSRA) has appealed to the Defence residents that they should refuse to pay recently imposed Refurbishment charges “arbitrarily and illegally” imposed on them by the ... Read more..

Islamabad: CDA budget 2009-10 due next week

Thursday, June 18th, 2009 Posted in Pakistan Property | No Comments »

ISLAMABAD: Capital Development Authority (CDA) is likely to present its annual budget for the fiscal year 2009-10 in next week, however, official are tight-lipped over pros and cons of the ... Read more..

Islamabad: CDA gets Rs700 million share in federal budget

Monday, June 15th, 2009 Posted in Pakistan Property | No Comments »

Islamabad: The federal government on Saturday allocated Rs700 million for the fiscal year 2009-2010 to the Capital Development Authority (CDA) for three major road construction projects to be initiated this ... Read more..

CDA gets Rs700 million share in federal budget

Sunday, June 14th, 2009 Posted in Business | No Comments »

The federal government on Saturday allocated Rs700 million for the fiscal year 2009-2010 to the Capital Development Authority (CDA) for three major road construction projects to be initiated this year. ... Read more..

Budget 2009-10

Sunday, June 14th, 2009 Posted in Business, Economy | No Comments »

The budget for the next financial year must stimulate growth, repair the broken economy, mitigate the pain being felt by the poor and revive public trust in the government’s capability ... Read more..

Security Steps Hamper Construction Works in Capital

Monday, June 8th, 2009 Posted in News | No Comments »

ISLAMABAD (June 08 2009): The construction activity of Zero Point Interchange project is slowed down after the authorities put the Capital's security on high alert, casting doubts about contractor's target ... Read more..

Cooperatives Dept or estate agency?

Saturday, June 6th, 2009 Posted in Pakistan Real Estate News | No Comments »

The Sindh Cooperatives Department has virtually been converted into a property office rather than a government establishment, and the authorities concerned are serving like estate agents, The News has learnt. Read more..

Islamabad The Cleanest City: Survey

Saturday, June 6th, 2009 Posted in News | No Comments »

According to a recent Gilani Research Foundation survey carried out by Gallup Pakistan, almost equal percentage of respondents claimed to like Lahore and Islamabad (33 per cent each), while Karachi ... Read more..

Pakistan”heaven for visitors” British tourist

Saturday, June 6th, 2009 Posted in People & Places | 1 Comment »

Driving through the bazaar, I did a double take and looked again. Sure enough, there was this young man who looked like a ‘gora’(expatriate) — you can tell — sitting ... Read more..

Four-ring security to secure Islamabad

Wednesday, June 3rd, 2009 Posted in News | No Comments »

News Source The News Following the threats of hitting the federal capital from terrorist outfits, four-ring security has been deployed in Islamabad Capital Territory, IGP Syed Kaleem Imam told ‘The ... Read more..

Lahore: Portions of Lawrence Road, Bank Road to become ‘no go’ areas

Wednesday, June 3rd, 2009 Posted in News | No Comments »

LAHORE: The government is considering permanently closing a portion of Lawrence Road and Bank Road to the public in its bid to ensure the security of the Punjab Police and ... Read more..

New tax on real estate and services likely

Tuesday, June 2nd, 2009 Posted in News | 1 Comment »

ISLAMABAD: The federal cabinet gave on Wednesday a go-ahead to levy at least two new taxes in the next budget to increase revenue. Read more..

Islamabad: CDA plans to build six dams

Tuesday, June 2nd, 2009 Posted in News | No Comments »

Islamabad: The Capital Development Authority (CDA) is planning to construct six small dams in the federal capital to cope with water scarcity that is feared to get worse with the ... Read more..

Karachi: Indifference and corruption fast decaying Gwadar Mega City Project

Monday, June 1st, 2009 Posted in Pakistan Property | No Comments »

KARACHI: Gwadar Mega City Project is tilting because of poor management and corruption, resulting in bankruptcy of several investors. Several investors have decided to withdraw their investment from the mega ... Read more..

Karachi: Illegal commercialisation in Gulberg Town increasing

Monday, June 1st, 2009 Posted in News | No Comments »

Karachi: Illegal commercialisation in Gulberg Town is flourishing despite steps by the town administration to rein it in. Due to large-scale commercialisation traffic jams have become a routine and residents ... Read more..