Govt. of Sindh forbade lease of more than 5000 Acres Land of DHA, Karachi.

Govt. of Sindh forbade lease of more than 5000 Acres Land of DHA, Karachi on the directive of Supreme Court of Pakistan.

Out of total 8777 Acres land lying in phases of DHA, Karachi, 5257 Acres Land possessed no allotment letter and no proof of single payment to Government.

CDA Islamabad failed in regaining Land 118 Kanals from a Private Company.

CDA Islamabad failed in regaining Land 118 Kanals from a Private Company.

Previous Government handed over Margallah Hills Reserved Forest's Land of 118 Kanals and 14 Marlas to a Private Company named Park Line Estate Ltd illegally. 

After passage of seven months, CDA could not get back the above said land from the said firm. The land worth of Million Rupees was allocated on political basis.

Supreme Court of Pakistan cancelled contract of sale of property between DHA and Evacuee Trust

Supreme Court of Pakistan cancelled contract of sale of property between Defence Housing Authority (DHA) and Evacuee Trust of Pakistan

Supreme Court, in its verdict, has cancelled the contract between DHA and Evacuee Trust due to maligned financial designs over the sale of Land on biased rates which resulted into heavy loss to Government. SC ordered to take legal action against Ex Chairman Evacuee Trust Board, Asif Hashmi and other responsible persons.

Housing Project " Satellite Town Jhelum" is launched by PRD (pvt) Limited.

Housing Project " Satellite Town G T Road, Jhelum"

PRD (private) Limited launched a housing project in Jhelum City situated at G. T. Road near University of Punjab Jhelum Campus. Marketing of this housing project is being done by a well known company, "Star Marketing".

Total  Area of Land:   4,600 Kanals

Sizes of plots are:   5 Marlas, 7 Marlas, 10 Marlas, 1 Kanal, 2 Kanals

Schedule of Payment:  

Booking : Rs. 50,000/- 

Installment :  Rs. 10,000/- per month

Apprehension of Senate Committee over sale of Society Land on very low price.

Senate Committee shows deep concern over sale of Housing Society's Land for cheap price.

Special Committee of Senate for Senate Housing Society Islamabad has shown its displeasure over the issue of selling land of housing Society at very less price. The committee ordered to present the report based on actual facts and figures.

40.5 Kanals of land was purchased at the cost of Rs. 1600,000/- per kanal and it was sold at the cost of Rs. 150000/-per kanal. Committee advised the Society to forward all informations to Capital Development Authority (CDA).

Meeting was held under the chairmanship of Sardar Fateh Muhammad Husni. The member committee Zafar Ali Shah, Commissioner Islamabad, CDA authorities, old and new Administration of housing society attended the subject meeting held in Parliament House Islamabad.

It was told that Society has total 1133 kanals of land in its custody. 

Property and Real Estate EXPO in Lahore on 25-27 October 2013.

Property and Real Estate EXPO in Lahore on 25-27 October 2013.

City of Lahore is arranging an international exhibition for lovers of Real estate business.

The exhibition is intended for real estate developers, town planners, property dealers who deal in commercial property, residential property, farm houses, business centres. This expo is equally likely beneficial for financial institutions and other stake holders as well.

MOU signed between Urban Unit Punjab and CDA on use of satellite data for acquiring land.

Memoandum of Understanding (MOU) signed between Urban Unit Punjab and Capital Development Authority Islamabad (CDA).

Memorandum of understanding (MOU) between CDA and Urban Unit of Punjab has signed for helping CDA in acquiring Land through use of Satellite Survey.

In the light of MOU, experts from Urban unit will assist CDA, Islamabad in urban planning, revenue generating, arranging Land Record in better form.

With agreement of this MOU, transparency will possibly be assured in the process of acquiring land for future sectors by CDA. Urban Unit and CDA will adopt three points policy to acquire Land in future. For this assistance, CDA will pay nothing as it is a complementary MOU.