The Capital Development Authority (CDA) has launched Islamabad’s first-ever digital parking system, starting in G-8 Markaz. The initiative, inaugurated by CDA Chairman Mohammad Ali Randhawa, aims to modernize parking management in the capital. For the first 10 days, parking will be free to allow residents to familiarize themselves with the system and its digital [...]

On September 10, the Capital Development Authority (CDA) revealed an exciting new initiative aimed at elevating Islamabad’s real estate market. The CDA plans to launch several high-standard real estate projects specifically designed for overseas Pakistanis, reflecting a strategic move to attract international investment and enhance the capital's urban landscape. he announcement follows detailed [...]

Islamabad: The Federal Board of Revenue (FBR) is preparing to enact a substantial increase in property valuation rates, with adjustments ranging from 20% to 100% across 42 key urban centres in Pakistan. This significant overhaul is part of the New FBR property valuation policy considering current market conditions and bolster revenue from real estate [...]

Peshawar: The Khyber Pakhtunkhwa (KP) Government has unveiled a transformative housing initiative aimed at tackling the region's housing challenges, according to a report on September 6. In a significant move, the provincial government has approved a comprehensive low-cost housing scheme to aid underprivileged residents. This ambitious project, starting with an initial investment of [...]

Lahore: The Punjab government is considering implementing a new property tax targeting residential properties measuring 5 marlas or larger, according to a recent report from September 3. The Punjab Excise and Taxation Department has been instructed to prepare a comprehensive list of all residential properties in the province by October 2024. The proposed [...]

In a significant move to enhance the country's infrastructure, Federal Minister for Communications Abdul Aleem Khan announced on August 29 that all future motorways in Pakistan will be designed with a minimum of six lanes. This ambitious directive was shared during a meeting with the National Highways Authority (NHA), attended by senior NHA officials, [...]

Murree, August 12: The government has unveiled an ambitious plan for Murree Expressway expansion project , aiming to enhance connectivity between Rawalpindi, Murree, and Kashmir while boosting tourism in the region. This project, with an allocated budget of PKR 1.2 billion, involves the construction of a 17-kilometer stretch of road extending from Rawalpindi to [...]

DHA Bahawalpur has announced an extension of its construction incentive deadline for Sectors A, B, and C until August 31, 2025. The initiative, which began on May 1, 2024, offers significant savings and benefits to plot owners who want to build their homes in the prestigious development. The extended incentive includes a 100% waiver [...]

Pakistan's cement industry extended its slump for the eleventh consecutive month in July, with despatches plummeting by 6.81% compared to the same period last year. Total cement dispatches fell to 3.01 million tons from 3.23 million tons in the previous year. The domestic market bore the brunt of the decline, witnessing an 11.41% drop [...]