Punjab Approves Land Allotments, E-bus Initiative & More Projects Lahore: The Punjab Cabinet has authorised the allocation of 100,000 acres of land to landless farmers, as well as other initiatives such as an e-bus service and a historic community wedding programme. As stated on October 9, this area would be leased for temporary agriculture for three to five years. According to the details...
CDA Islamabad Launches First-Ever Digital Parking System Islamabad has taken a big step towards modernization by introducing its first state-of-the-art digital parking system. The system has been designed to meet international standards and aims to make vehicle parking more efficient while raising awareness about the benefits of going digital among the public. Initially launched in the G-8 center, the...
CDA and IAP Join Forces for Urban Development and Architectural Innovation Islamabad, Pakistan: The Capital Development Authority (CDA) and the Institute of Architects of Pakistan (IAP) have agreed to work together to improve Islamabad's urban development and architectural landscape. In a recent meeting, CDA Chairman Muhammad Ali Randhawa met with an IAP team led by President Ar. Zulfiqar Ali. The...
Landster Villas: Luxury Houses On Easy Installments Looking for luxurious living in a prime location, but worried about affordability? Look no further than Landster Villas, a signature project by the Landster Group of Companies, now available on easy installments. Nestled in Bahria Town, Phase 8, Islamabad, these villas offer an unmatched combination of comfort, luxury, and modern design while being...
Zimbabwe and Pakistan Collaborate on the Safari Park Project Islamabad: Zimbabwean Ambassador H.E. Titus M.J Abu Basutu met with Capital Development Authority (CDA) Chairman Muhammad Ali Randhawa , taking an important step towards establishing The discussion was a collaborative effort to create a world-class Safari Park in Islamabad. The...
FBR Eliminates Holding Period for Property Capital Gains Tax in 2024 The Federal Board of Revenue (FBR) has repealed the holding term requirement for property capital gains tax for properties purchased on or after July 1, 2024, according to press reports. (Lahore, August 2024) In a recent development, the FBR eliminated all holding term limitations for capital gains tax for properties...
Pakistan-China Investment Agreement for New Projects ISLAMABAD: To encourage investment in important projects, the National Bank of Pakistan and China Pakistan International Silk Road Industry Investment Management Company Ltd. have inked an MOU. The objective of this agreement is to: Promote industrial collaboration. Support the creation of special economic zones. Increase...
How to Register Power of Attorney in Pakistan In Pakistan, a Power of Attorney, also known as a Mukhtar nama, is an important legal document that authorises someone to act on behalf of another, particularly when the affected parties are unable to attend legal hearings or handle affairs themselves. This document is very important since it allows for better representation in court hearings and other...
Home Decor Ideas Inspired Your Living Room Interior Turning your living space into your own haven requires making it both aesthetically pleasing and welcoming. A tastefully arranged living area draws attention from onlookers as well as improving the aesthetics of your house. If you're feeling unsure about how to elevate your living room's design, you're in the right place. We'll look at five home...
What Type of Property is Most Profitable? Which types of property are the most profitable to invest in? It is a common question among people interested in real estate investing. The most suitable plan of action will depend on your investment objectives, available funds, market conditions, and level of risk tolerance. In this piece, we'll go over the advantages and disadvantages of several types of...
CDA plans to build a commercial tower in Sector G-8 to meet Financial Stability Islamabad: The Capital Development Authority (CDA) is building the CDA Tower in Sector G-8 to improve financial stability. CDA Tower Project This project was developed in collaboration with the private sector, demonstrating a strong commitment to innovation and economic development. The skyscraper has been designed as...
Pakistan's Cement Sector Sees Double Digit Profit Growth Islamabad: Pakistan's cement sector posted a record earnings rise of PKR22.4 billion (US$58.18 million) in the second quarter of FY23-24, up 8% YoY. This considerable increase in earnings is mostly driven by the sector's improved gross margins and other income. According to Topline Pakistan Research, Lucky Cement (LUCK)...
CDA Announces Plan to Plant 10 Million Trees in Margalla Hills Islamabad: The Margalla Hills will once again be covered with forest, according to a project started by the Capital Development Authority (CDA) in a major step towards environmental conservation. The innovative project aims to plant 10 million trees throughout the Margalla Hills National Park with an investment of...
FGEHA Acts Against Illegal Constructions in Islamabad's Sectors G-12 and G-15 Islamabad:The Federal Government Employees Housing Authority (FGEHA) recently conducted an anti-encroachment operation in sectors G-12 and G-15/3 in Islamabad. The operation, carried out in collaboration with the Deputy Commissioner, Encroachment Wing, Islamabad Police, and ICT Administration, targeted illegal constructions and...
What is a Novation Agreement in Real Estate? Understanding Novation Agreements in Real Estate Introduction In the dynamic world of real estate transactions, novation agreements play a crucial role in facilitating seamless transfers of contractual obligations between parties involved. Novation is a legal concept that enables the substitution of one party in a contract with the mutual consent of all...
From Ballot to Better: How Your Vote Shapes Pakistan's Future Simple Steps, Big Impact: Voting in the 2024 Pakistan Elections Introduction As we approach February 2024, Pakistan is gearing up for a big event the general elections. These elections give us, the people, the power to choose our leaders, and it's a pretty important job. With a population of nearly 250 million people, the power to shape...