Pakistan Real Estate News

Low-Cost Housing Loans Approved by Banks

Low Cost Housing Loans Approved By Banks

Banks Approved Rs180BN Low Cost Housing  Loans Rs180BN For Mera Pakistan Mera Ghar KARACHI: The State Bank of Pakistan (SBP) announced on Thursday, April 14, 2022,  that banks approved Rs180 billion in loans under the Mera Pakistan Mera Ghar Scheme and disbursed Rs66 billion for affordable housing.   According to a statement issued by the central bank, commercial banks received applications...

Land Acquisition for the Revised Rawalpindi Ring Road Project

Land Acquisition for the Revised Rawalpindi Ring Road Project

Approval for Acquisition of Land for Revised Project of Rawalpindi Ring Road  RAWALPINDI: The Punjab Planning and Development Board (PPDB) has given the go-ahead to begin land acquisition for the revised Rawalpindi Ring Road project and has approved the PC-I costing Rs6.7 billion. Following the announcement of the project, the provincial government had purchased land worth Rs. 38 crore for the...

Rawalpindi Ring Road New Alignment Begins

RAWALPINDI: The Punjab government has started a new alignment of the much needed Rawalpindi Ring Road project. The decision was made after Prime Minister Imran Khan became aware of the alleged changes to the alignment of the much-needed Rawalpindi Ring Road project, which not only increased the cost of the project by Rs 25 billion, but also allegedly benefited some private real estate companies. As the...

Malam Jabba

Govt urged to resolve Malam Jabba Closure Issue

Islamabad: The government has urged to solve the problem of the closure of Malam Jabba because this complex plays a fundamental role in promoting tourism. Lawyers should help interested parties to promote tourism rather than drag them to court for the subsequent closure of tourism promotion sites. Shedding light on the closure of the Malam Jabba site by court order, the vice president of the Mardan...

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