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...
KP Govt To Install Chairlift from Naran to Saiful Muluk Lake The government of Khyber Pakhtunkhwa intends to construct a chairlift as part of a public-private partnership project to link Naran and Saiful Muluk Lake. This new chairlift will make it easier and more interesting for tourists to reach the lake, which is projected to increase tourism in the stunning Kaghan Valley. Many tourists find the...
CM Punjab Launches ‘Apni Chat Apna Ghar’ Program LAHORE: Punjab Chief Minister Maryam Nawaz Sharif officially launched the “Apni Chat Apna Ghar” program under which the Punjab Government will offer interest-free loans of up to Rs 1.5 million, repayable in easy instalments over seven years. Speaking at the inaugural ceremony of the program, she emphasized that the Apna Ghar Scheme is...
CDA To Launch Online Building Plan Approval System ISLAMABAD: The Capital Development Authority (CDA) plans to establish an Online Building Plan Approval System, which will be available both through a dedicated online portal and as part of a complete super app that the CDA will be launching soon. With the use of this new digital solution, citizens will be able to submit and follow their applications...
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...
The Best Way to Overcome Real Estate Market Inflation Tips for Investors and Home Buyers The real estate market in Pakistan, like in many other countries experience times of "Inflation" in which property prices rise, competition heats up, and the supply of attractive homes becomes scarce. Whether you're a homebuyer or an investor, here are some helpful techniques to help you get through these...
Best Real Estate Project in Kalam, Swat: Featuring Landster Spanish Hotel Apartments Introduction Kalam, Swat, often referred to as the Switzerland of Pakistan, is rapidly emerging as a hotspot for real estate development. Known for its stunning natural beauty, breathtaking landscapes, vibrant culture. improving infrastructure, and increasing tourist appeal, Kalam offers a range of...
Which Is Better for Investments, DHA Islamabad or Bahria Town Rawalpindi? DHA Islamabad and Bahria Town Rawalpindi are the most well-known and reputable housing brands in Pakistan. These two real estate heavyweights have been working together for decades, delivering a variety of luxury home projects across Pakistan. However, the Islamabad-Rawalpindi branches are regarded as superior...
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...
Two-Day Pakistan-Saudi Arabia Investment Conference Kickstarts in Islamabad Islamabad: A Saudi delegation led by Deputy Investment Minister Ibrahim Almubarak arrived in Islamabad for a three-day visit. Jam Kamal, the Commerce Minister, and Musadik Malik, the Petroleum Minister, greeted the team at Nur Khan Airbase. The delegation has come to...
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...
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)...
Punjab CM Launches “Sarkein Bahaal, Punjab Khushhal” Project Lahore: During a special meeting to improve Punjab's socioeconomic development, Chief Minister Maryam Nawaz announced the "Sarkein Bahaal, Punjab Khushhal" project. CM Punjab has issued an order requiring all roads in the province to be restored within the next six months. The repair and restoration work will encompass both...