RAWALPINDI RING ROAD: A COMPREHENSIVE GUIDE 1.OVERVIEW 2. ROUTE OF RAWALPINDI RING ROAD 3. INTERCHANGES OF RAWALPINDI RING ROAD 4. IMPACT OF RING ROAD ON REAL ESTATE 5. INVESTOR'S PERSPECTIVE 6. WHY DO WE NEED RAWALPINDI RING ROAD 7. SALIENT FEATURES OF RING ROAD 8. ECONOMIC ZONES 9. ONGOING DEVELOPMENTS 10. INAUGURATION DATE 11. CONCLUSION 1....
RENTING VS BUYING A HOUSE INTRODUCTION Are you confused about renting vs buying a home? Just so you know, there is no definitive answer to this age-old conundrum. Your decision should depend on your personal and financial situation. Along with the current market trends and economic situation. So, to put it simply, the answer to your renting vs buying problem is that ‘it depends.’ Like everything...
PM IMRAN KHAN VISITS CHAKWAL According to sources, Prime Minister Imran Khan will pay a day-long visit to Chakwal today(26.DEC.2020). He will lay the foundation stone of a number of development projects, including a university and a hospital. The visit is part of the PTI’s government’s vision “to pay special attention to districts neglected in the past.” During the visit, the PMO said, the PM...
Prime Minister Imran Khan on Wednesday directed relevant authorities to make speedy progress on Ravi Riverfront Project. The PM ordered speedy work on Ravi Riverfront Urban Development project after a club comprising global firms, ANGCC, offered investment worth $5 billion. Moreover, the Chinese government and other companies decided for making an investment of $3 billion. The officials notified PM...
FUNDS SENT BY OVERSEAS PAKISTANIS Prime Minister Imran Khan on Thursday said that funds sent by overseas Pakistanis through Roshan Digital Accounts, crossed $200 million yesterday. State Bank of Pakistan launched Roshan Digital Accounts. "The pace is accelerating," PM Imran said. " First $100 million came in 76 days. In addition, the next $100 million came in only 28 days." Moreover, calling them a...
STATE BANK OF PAKISTAN PREPARES State Bank of Pakistan is considering allowing people to open accounts at banks without physically visiting branches . They will do this through digital means like internet and mobile banking.Hence, without compromising customers’ due diligence. “Digital account opening…is the way forward,” State Bank of Pakistan (SBP) Governor Dr Reza Baqir said. He was hosting...
OGDC on Wednesday announced the discovery of new oil and gas deposits in two different wells in Khyber-Pakhtunkhwa Tests conducted by the exploration firm showed 1.6 million standard cubic feet per day (mmscfd) of gas. In addition, 12 barrels per day (bpd) of condensate in exploratory well Siab-1. The company said in a notification sent to the Pakistan Stock Exchange (PSX). Besides, tests showed 4.18...
TOP 5 HOUSING PROJECTS ON M1 AND M2 MOTORWAY ISLAMABAD TABLE OF CONTENTS INTRODUCTION WHY IS LOCATION IMPORTANT? IMPORTANCE OF HOUSING SOCIETIES NEAR M1 AND M2 HOUSING SOCIETIES NEAR M1 AND M2 CAPITAL SMART CITY EIGHTEEN ISLAMABAD TOP CITY 1 MIVIDA CITY ISLAMABAD BLUE WORLD CITY CONCLUSION INTRODUCTION Development ventures of housing societies and stunning...
ILLEGAL HOUSING SOCIETIES IN PAKISTAN There are more illegal than legal housing societies in Pakistan.Over 69% of the country's housing societies are not registered, government documents revealed Tuesday. According to official documents, out of a total of 8,767 housing societies, 6,000 are not registered with the concerned institutions. These 6,000 housing societies are on bogus papers or their papers are...
CEMENT AND STEEL PRICES INCREASE Due to COVID-19, just like other commodities, cement and steel prices have also increased unexpectedly. As a result, it is slowing down the construction activities in Pakistan. Amreli Steels has announced a hike in the price of rebars by RS5000 per ton. In addition to an increase of Rs5000 per ton announced earlier during the month, said JS Global analyst Arsalan Ahmed in...
INTRODUCTION Real estate in Pakistan is divided into many types. With the most common ones being residential, commercial, and mixed-use real estate. In fact, most residential buildings all over the country are a mix of residential and commercial real estate. They have apartments beginning from the 1st floor, after the mezzanine and road facing shops and stores on the ground floor. Thus, for the...
Prime Minister Imran Khan on Monday launched the 'BILLION TREE HONEY INITIATIVE' to increase the production of honey through the plantation of trees. Under the program, the plantation of trees, including Kao, Phulai, Ber, Kikar and other will encourage the bee flora. A mechanism will be also be provided to support bee flora, improve the quality of honey production, provide livelihoods to beekeepers....
RDA will not approve new commercial or residential projects without proper plan for rainwater management said Chairman, RDA Tariq Mehmood Murtaza. Moreover, he informed that the Authority has finalized rules to use precious rainwater. “Rawalpindi becomes second rainwater harvesting city in the Punjab,” RDA Chairman said. He said that after the implementation of RDA’s initiative with regards to...
PAKISTAN FIRST EVER DRONE POLICY Prime Minister (PM) Imran Khan on Tuesday (22.DEC.2020) ordered the formulation of Pakistan’s own first ever drone policy. Following a media briefing, the decision came from Federal Minister for Science and Technology Chaudhry Fawad Hussain on the use of drones in various fields. The PM noted that drones could be used to fulfill the tasks not only in agriculture,...
DRIVE-IN-CINEMA Residents of Islamabad and Rawalpindi will get to enjoy their first drive-in cinema experience in Islamabad’s F-9 Park. The drive-in cinema has a capacity for 200 cars, carrying a maximum of three people. The project is a joint venture of the Capital Development Authority (CDA), telecom operator Jazz, and a private entity Active media. Newly appointed Interior Minister Sheikh...
The Punjab government has disbursed PKR 150 million to the Frontier Works Organization (FWO) to commence with the development work on the Dadocha Dam. FWO will start the work within two to three weeks, according to a news report published on December 19. DETAILS OF DADOCHA DAM According to the details, FWO will complete the work on Dadocha Dam at a cost of PKR 6.429 billion. A senior official of the...