The Capital Development Authority (CDA) announced to establish the largest IT Park in Pakistan by partnering up with the private and government sectors. After the approval from the CDA Board, 3.3 acres of land in sector G10 has been chosen for the development of this IT Park. This IT Park will be one of its kind in Pakistan. This IT park will cover a total area of 100,00 square feet which will eventually provide workspace for more than 5000 freelancers and tech enthusiasts simultaneously.T...

Punjab Chief Minister Maryam Nawaz has announced the launch of a property transfer service to protect overseas Pakistanis from potential fraud. Chief Minister Maryam Nawaz announced this initiative during a special meeting with the Punjab Board of Revenue. This service will offer e-filing, land registration facility, and mutation facility to overseas Pakistanis especially those residing in the US, UK, KSA, and other Gulf countries. She also directed the officials of this initiative to a...

The government of Punjab has issued directives to the officials of Kasur, Sheikhupura, and Nankana Sahib with an instruction to transfer records of concerned private housing societies to the Lahore Development Authority (LDA).LDA has regained its authority to approve private housing projects and land use conversion cases. The Government has authorized the LDA to resume its operations related to the land use and approval of private housing projects within the Lahore division until further n...

KPK Government has introduced a Geographical Information System (GIS) based centralized urban immovable property tax management and information system called (CUIPTIMIS) to modernize the whole property tax system across the Khyber Pakhtunkhwa (KP).As per the sources, a launch event was arranged at the Chief Minister’s House in Peshawar where many notable personalities were present including KP Chief Minister as Chief Guest. This new property tax system has been implemented for PKR 96 Milli...

Muhammad Sami Saeed, caretaker planning, development, and special initiatives Minister has announced the successful completion of 36 projects worth 24 USD Billion under the hood of CPEC. Sami Saeed also informed us about the updates on the Gwadar project and announced the completion of the master plan for the Gwadar city project. He also shared the progress on the East Expressway and international airport in the region. Minister Sami Saeed also discussed the other ongoing 26 projects in the...

Capital Development Authority (CDA) has announced details about an upcoming auction for commercial plots in Islamabad. According to the sources, this auction is scheduled to take place from 10th January to 12th of January at Ghandra Hall, F9 Park. The listed commercial plots in the auction are exactly 35 and on the first day of the auction, only 11 plots will be presented, 10 plots on the second day, and 14 plots on the third day of the auction. All these commercial plots are located in dif...

Capital Development Authority (CDA) has announced the automation of residential and commercial property records in the federal capital. CDA Chairman Anwarul Haq headed a CDA Development Working Party which sanctioned a whooping PKR 170 million PC1 for this automation initiative. Other officials from finance and planning departments also attended this meeting. This Automation project is said to be awarded to a government firm on a government-to-government basis. This chosen government firm...

CM Punjab Mohsin Naqvi has issued orders to the authorities to ensure the timely issuance of No Objection Certificates (NOCs) for the convenience of investors and businessmen.CM Punjab also visited the Business Facilitation Centre (BFC) Lahore and conducted a thorough inspection to assess the efficiency of the operation which is made to cater the investors, both domestic and foreign. CM Punjab also took notice of the provincial and federal department counters within the BFC and discussed t...

SM Tanveer (Provincial Minister of Industry and Commerce) announced to inaugurate Lahore's first-ever business facilitation centre. This Business Facilitation Centre will serve as a full-fledged destination for investors and businessmen seeking approvals, NOCs and other facilities for establishing factories in the Punjab province. This centre will be located on the ground floor of the Punjab Small Industries Corporation (PSIC) head office.The industry and commerce minister also mentioned t...

South Punjab Additional Chief Secretary (ACS) has directed the administration to launch an e-registration system for property registry in the region for better transparency and ease.The ACS has ordered the relevant authorities to take measures for improving good governance and service delivery. With this digital system, public complaints about fraud and corruption will be addressed and it will be further linked with e stamp, land record management system, national database, and registration...

On May 24, Lahore High Court (LHC) instructed the Lahore Development Authority (LDA) to collaborate with the Urban Development Unit and advised both authorities to devise terms of reference (ToRs) for the revision of the Lahore Master Plan 2050.The Lahore High Court also advised LDA to hire a focal person for this task while extending a stay on the implementation of the Lahore Master Plan 2050. These Orders were given by Justice Shahid Karim while presiding over a petition to challenge the...

The Baluchistan Government has granted Gwadar a Special Economic District (SED) status to promote developments and other port activities in the area. The main idea behind this proposition is to implement professional policies formulated by the government.This SED status will attract more investors in this region and stimulate economic activities in this region. This initiative will welcome more avenues for business expansion, international trade, and industrial development, which is the true pot...

Chinese Ambassador to Pakistan expressed his interest in the expansion of Pakistan’s housing sector. While talking to the federal secretary of housing and works, Iftekhar Ali Shallwani he said that Pakistan’s housing sector is expanding rapidly and that investment in the housing sector would also bring innovation in construction technology. In regards to the innovation in construction technology, he stated that Chinese companies will also invest in technology sharing and expertise. Secreta...

Chief Minister Punjab Pervaiz Elahi signed a bill fixing the property transfer rate at 1% of the total value of the property. This new rate will be applied to all property-related transactions including commercial spaces across the province. Lahore: Punjab Chief Minister (CM) Pervaiz Elahi on Thursday (September 15) signed the bill fixing the property transfer rate at 1% of the total value of the property, news sources reported. The sole reason behind lowering transfer rates is to encourag...

 Development Finance Group (DFG) executive director Mr. Samar Hasnain announced that government will soon launch the Mera Pakistan Mera Ghar scheme with formal disbursement under the newly developed scheme will start on august 31st.According to him, the government is working on strategies to make this initiative practical and sustainable. He also stated that the MPMG program is linked to 40 plus companies and industries which will eventually boost our construction sector for a healthi...

LDA has announced a public awareness notice regarding the allocation of specified QR codes to each of its approved housing projects in Lahore city.All the housing societies which come under the jurisdiction of LDA will have their own specified QR code which will be embedded with information like the number of plots, development status, and other relevant information. This QR initiative is taken in regard to public safety as they must check the QR status of housing societies in which they ar...

While addressing to media the Ministry of Overseas Pakistanis and Human Resource Development (OP&HR) stated that the government is working on the initiative of launching nine housing societies specifically for the overseas Pakistanis.The sole purpose of this initiative is to bring investment opportunities for overseas Pakistanis back to Pakistan. Mega Housing projects for overseas Pakistanis are stated below·        OPF Housing Scheme, Phase 1 Lahore....

Punjab Land Revenue Authority (PLRA) announced that the land records of all the 9 centers of Lahore have been digitalized and the main aim behind this effort is to deal with the tampering of these records. There are 9 branches that have been established under the land revenue wing and deputy commissioner officer to digitize land records. This project was first initiated in 2017,18. There was a huge increase in complaints regarding land tampering for past years so deputy commissioner Lahore...

The Ravi Urban Development Authority (RUDA) has issued an advisory for the land sub-division sponsors and developers to get approvals from the authority to avoid investing in unlawful housing projects, according to an advert published in the national daily.During a recent survey of the area, RUDA has encountered several illegal housing projects and has warned the citizens against purchasing property in these schemes. The authority has launched legal action against the unauthorized schemes....

Capital Administration collaborating with the Capital Development Authority (CDA) established a property verification center (PVC) at the Deputy Commissioner (DC) office.DC Muhammad Hamza Shafqat stated that the sole purpose of this PVC is to counter real estate fraud in the city. He also mentioned a portal that contains the records of housing societies and land of the capital administration (CDA).He also stated that the people living outside the country were made victims of land frauds in...