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Planning for construction of 10th Avenue in final phas...

Islamabad: Planning for 10th Avenue construction has entered its final phase, a news source reported while quoting Islamabad Mayor and Capital Development Authority (CDA) Chairman Sheikh Anser Aziz. The mayor told reporters that 10th Avenue will start from IJP Road and end at Khayaban-e-Iqbal while passing through sectors I-10, H-10, G-10 and F-10. Reportedly, the residents of sectors E-11, D-12, E-12, F-11, H-11, and …

CDA instructed to open Koral Interchange before March ...

Islamabad: The Prime Minister (PM)’s Office has instructed the Capital Development Authority (CDA) to open the Koral Chowk Interchange before March 1, according to a news source. The 16-kilometre route along this interchange connects the Expressway with the new airport. The PM office wants the route to be functional before the Economic Cooperation Organisation Conference is held in Islamabad. After the orders, the CDA …

PKR 17 billion turned white through tax amnesty scheme

Islamabad: Through the tax amnesty scheme, an amount of PKR 17 billion has been turned white between December 7, 2016 and February 10, 2017, according to the stats shared by the Federal Board of Revenue. Reportedly, 20,161 property transactions were carried out in 65 days and 3% tax was paid on the difference between DC rate and the FBR rate of property. The board …

Is your house making you sick?

Funny question to ask, but doesn’t make it any less important. Now before you decide your house couldn’t possibly have anything that’s impacting that cough that won’t go away, or that fever that keeps coming back, check out our list of ways your house could be making you sick. Even if you are an absolute neat freak, there are so many things you can …

Who got rich through real estate?

We have mentioned time and time again that real estate is one of the most lucrative industries in Pakistan and while that is true, this industry is not only attractive for investors in this part of the world but is just as promising all over the planet! The real estate industry has created numerous billionaires and this is a universal truth, applicable in most …

Apna Ghar scheme in the limelight once again

Apna Ghar, a state-owned project planned in November 2013 to provide low-cost housing units, is once again being discussed by the authorities concerned. According to news reports published in national dailies today, the finance ministry has instructed the Ministry of Housing and Works to prepare a plan for this project. Reportedly, a company titled “Apna Ghar” has already been registered with the Security and …

Islamabad International Airport to be inaugurated on A...

The inauguration of the New Islamabad International Airport has been delayed a couple of times in the past due to improper planning and mismanagement. The project missed two deadlines in October and December 2016. You can read more about the issues that kept the facility from becoming operational last year by clicking here. As of late, things seem to be changing as Prime Minister …

An overview of the current market situation in Islamab...

Among the real estate markets of prime cities in Pakistan, the signs of recovery are more apparent in Islamabad. Property agents from the capital city also confirm this and they attribute the improvement in property transaction volume to the price drop seen during the second half of the year. The stagnancy that prevailed in the market after the announcement of the new tax regime …

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