Fulfilling a major demand of the construction industry, Prime Minister Imran Khan Thursday granted one-year extension in date for the fixed tax regime, till Dec 31, 2021. He made this decision to boost economic activity and create employment opportunities. PM made the announcement after chairing a review meeting on progress in the construction sector. In addition, he termed the extension a New Year gift...
SEVEN DEER MYSTERIOUSLY DEAD Seven rare deer were reported dead in the Bahawalpur zoo on Saturday. Authorities suspect that the animals died after eating poisonous fodder. At least 12 of other deer at the zoo are in critical condition. Sources said that the deer killed at the Bahawalpur zoo were of a rare breed. The zoo management says that dozens of deer suddenly started falling ill. Seven of them...
The Capital Development Authority (CDA) has launched several water supply projects to make sure supply of drinking water to the residents. CDA has initiated PKR 495 million for different water supply projects. These projects include repair and maintenance of water pipelines, tube wells, tankers. Moreover, replacement and installation of pipelines. After Mayor Sheikh Anser's resignation, the CDA had...
Want to buy a house this year? It’s a big step, requiring planning ahead and plenty of financial preparation. Therefore, here are 7 New Year’s resolutions that can prepare you to find that perfect home and make your move! The New Year is often a time to hit the reset button and start fresh. It is an excellent opportunity to start reaching towards an ongoing goal you have. If buying a home has been an...
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....