“There is an urgent need to build 21 pedestrian-cum-biker bridges over the overburdened Islamabad Expressway to ensure the safety of the citizens.” - ITP Senior Superintendent of Police (SSP) Farrukh Rashid
The Islamabad Traffic Police (ITP) has requested the Capital Development Authority (CDA) to construct pedestrian bridges and underpasses on major avenues in the capital city.
Talking to CDA on 2nd May, ITP Senior Superintendent of Police asked it to build pedestrian bridges/underpasses on the busy thoroughfares of the city which not only help ensure uninterrupted flow of traffic but also the safety of pedestrians and motorists.
“ITP had identified critical areas from Sohan to Kak Bridge where majority of the public mobility took place and a number of cases of accidents were reported.” - ITP Senior Superintendent of Police
He requested the civic agency to address the issue on an immediate basis in a bid to avoid future accidents and ensure smooth flow of traffic.
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Lotus Group recently launched Lotus - Apartments & Villas, in New Lahore City, Canal Bank Road, Lahore. According to Lotus Group, Lotus was designed to keep in mind the low budget buyers, that are often neglected by most of the real estate developers.
Lotus is offering:
All properties are being offered on easy instalment plan of 2 years and booking starts only from 10%. Lotus is offering two types of payment plans: quarterly instalment plan & construction growth based payment plan. Each buyer may choose payment plan according to it's own comfort and satisfaction.
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A Peshawar High Court bench has pointed the federal government to grant funds to the Sui Northern Gas Pipelines Limited within a month to supply natural gas to the provincial assembly’s constituency in Mardan, PK-55.
Chief Justice Waqar Ahmad Seth and Justice Abdul Shakoor delivered the directions before disposing of an appeal, which had challenged the suspension of work on the gas supply project launched during the last government.
The government had claimed that it had transferred PKR 142.882 million to the SNGPL’s assignment account for the gas project and PKR 115.28 million of it was spent on 76km gas pipeline network.
The lawyer of SNGPL declared that funds for the project were sanctioned on Jul 20, 2017, before PKR 142.88 million was released to the SNGPL as the technical supplementary grant. But now, the court has ordered the endowment to be splurged again.
For more updates and news, stay tuned to Next Home.
“Instead of increasing the water tariff, the agency wanted to bring more people into the tax net.” --WASA Managing Director Raja Shaukat Mehmood
The Water and Sanitation Agency (WASA) has launched a crackdown on more than 8,000 defaulters in the 46 union councils of Rawalpindi.
“The agency would arrest defaulters under Section 33 of the Punjab Development Cities Act 1976 and their properties can be confiscated under Section 81 of Land Revenue Act”. --Managing Director WASA
The managing director said that during the last six months, WASA collected Rs95 million dues from defaulters. He expressed the hope that the civic agency would achieve the target of Rs200 million by the end of the current fiscal year.
For more updates and news, stay tuned to Next Home.
Second consultative negotiation of the Federal Commission on review of Islamabad Master Plan 2020-2040 was held on May 16th at the Pak- China Friendship Centre Islamabad.
“Work for the revision of Bylaws and will be finalized soon. Approval will be sought from the CDA Board within four weeks.” --CDA Retd. Officer Hafiz Ehsan Ullah
A facility of an online forum will be made available to the public for submission of their inputs into the Master Plan Islamabad.
Under discussion, matters included gaps in the IMP of 1960 until now. Continued problems and scopes of improvement were welcomed from the participating parties. These included several NGOs, international organizations, private associations, consulting town planners, architects, and engineers.
For more information, stay tuned to Nexthome.pk
The Punjab Government has given an approval of nine development schemes worth PKR 48 billion on May 14.
P&D Chairman Habib-ur-Rehman Gilani chaired meeting of the Provincial Development Working Party (PDWP) for the current financial year 2018-19. In it nine development schemes were approved including:
GIS Integrated Computerization of Urban Immovable Property Tax (UIPT) System at the cost of PKR 996.584 million,
Rural Accessibility Program (RAP) for 2018-19 pertaining to Punjab Highways Department North Zone at the cost of PKR4.889.157 billion,
Water Supply Scheme, Fazaiya Housing Colony Turnol Tehsil, and District Rawalpindi at the cost of PKR 547.089 million,
Rural Accessibility Program (RAP) for 2018-19 pertaining to Punjab Highways Department South Zone at the cost of PKR 6.157.831 billion,
DG Khan (Umbrella PC-I) at the cost of Rs559.988 million, dualization of Khanewal-Lodhran Road at the cost of PKR 22.295.157 billion,
Rural Accessibility Program (RAP) for 2018-19 pertaining to Punjab Highways Department Central Zone at the cost of PKR4.394 billion,
Progressing Punjab by Entrepreneurial Development of SMEs (PPED) at the cost of PKR 6 billion
Developing SME sector through Loan Markup Support Program (LMSP) at the cost of PKR 3 billion.
Gwadar, the port city is attracting the real estate investors across the country towards itself after the completion of the China Pakistan Economic Door (CPEC). The Gwadar port is set to be one of the biggest ports in the world which will open the doors of development and prosperity for Pakistan. CPEC affected the real estate industry much. The real estate business in Port city, Gwadar is increasing day by day, as in the result of significant developments in the city. Gwadar is now considered to be the business hub, and local and foreign investors have the eye on it to invest. Gwadar property prices increasing manifold during the last few months – said by the Gwadar Development Authority.
Business situation in Gwadar is changing day by day as compared to the past; many people are investing in Gwadar properties now, as the investments are giving a fair ROI due to the sharp increase in land prices. Multi-billion dollar trades will happen in the future as the more investments come into being. The real fact of the sharp increase in Gwadar’s property prices is the CPEC, as the project started, different investors, stakeholders, constructions companies continued to buy lands, construct buildings and initiated housing society. For now, there are a lot of plots for sale in Gwadar and buyers have the eye on it.
Gwadar is going to be the next Dubai for Pakistan. In spite of China, different other countries are also interested in the investment in CPEC projects in Gwadar. Saudi Arabia, Russia and other countries supported Pakistan regarding the CPEC. It’s all due to Pakistan’s Geographical location importance and Gwadar’s port importance with its deep warm water throughout the year.
The CPEC project has offered the upgrades and renovation to the transportation infrastructure of Pakistan which starts from Khunjerab Pass to the Gwadar port, passes through the different provinces of Pakistan. Under the CPEC project, China has announced funding of $10.63 billion for infrastructure in different areas of Pakistan. For the construction of $ 6.1 million, "early harvest" (CPEC Roadway Project) has been allocated with the interest rate of 1.6%. Pakistan's government approves the agreement to give such interest rate and to construct road projects when the remaining plans are still in the planning phase.
Gwadar has been blessed with many natural resources. The primary one is the deepwater port through which all the trades will happen. As China will get many advantages from the CPEC, so China is investing massive money on the different operational projects in Gwadar and other fields linked with CPEC through which Gwadar Property rates increased. Pakistan and China have spent mutually on the various plans as follows:
In another significant development, China and Saudi Arabia are going to build an oil refinery at Gwadar to fulfil the country’s oil shortage and saves the billions of dollar. Recently, Saudi technical team visited Gwadar to inspect the site for the oil refinery. These refineries will produce up to 300,000 barrels per day, once completed. The effects of these oil refineries are that Pakistan will save almost $3 Billion per year.
After the arrival of Crown Prince, Muhammad Bin Salman, there is an enormous investment in the oil field. Pakistan agrees on a deal to build an oil refinery and petrochemical complex at Gwadar deep-sea port, during the first phase. Pakistan cuts its crude oil imports by up to $3 billion yearly; also, this project will provide thousands of job opportunities for the natives of Baluchistan. Different projects with budgets are being followed:
The development of Pakistan’s biggest International airport has a span of 4,300 acres. The total budget for the construction of the airport is $246 Million. Both Pakistan and China are now engaged to complete all the formalities to start the construction of the airport in April this year. The soil testing has been done on the surface of the allocated land in January through 300 boreholes made on various locations. The full name of the AirPort, according to the agreement is 'New Gwadar International Airport'.
Baluchistan Government has already added the airport in Master plan of Gwadar that includes multibillion-dollar projects to convert this area into the centre of business activities.
Turkish President, Tayyip Erdogan planned to come in Pakistan in March 2019 officially announced by Turkish General Counsel in Pakistan. Erdogan would formally invest in the visit. Turkey and Pakistan have a remarkable bond which will grow more by the passage of time. Erdogan has planned to make considerable investments in different sectors of Pakistan, which will try to stabilise Pakistan’s economy. The general counsel said that the investment could rise to $10 Billion
According to the recent interview of the general counsel of Turkey in Pakistan, he said about the CPEC that
The Turkish government was fully interested in projects under China Pakistan Economic Corridor (CPEC), adding that Turkish authorities were already in talks with Pakistan’s side for participation in these projects.
On October 10, 2018, Naya Pakistan Housing Program is the project initiated by the Prime Minister of Pakistan, Imran Khan with the aim to provide almost 5 million low-cost houses to homeless and low-income people of the society, this housing project with its expandability attracting the investors both local and foreigners.
In a recent meeting chaired by the Imran Khan, the Housing Authority Department informed PM that establishment of Naya Pakistan Housing Scheme is almost completed.
Mehmood ur Rashid, Punjab Minister for Housing, informed the Prime Minister that housing project would start at Renala Khurd, Chistian and Lodhran soon.
In a recent interview in Lahore, the minister said regarding the scheme that the housing scheme is being initiated in Chiniot and Sialkot.
In the meeting, all the matters appropriate to the housing scheme was discussed that includes the layout, cost of land, distance from other cities and nearby location. The minister said that 2.5 million housing units would be built up in Punjab. The inauguration of ‘Naya Pakistan Housing Scheme’ is the innovative step by the Punjab Government for the people of Punjab.
Some days ago, Chaudhry Fawad Hussain, the Federal Minister for Information and Broadcasting revealed on his official Twitter account that Egyptian investor; Naguib Sawiris offered to build 100,000 houses under Naya Pakistan Housing Scheme. As the Ora Developers owns by Naguib Sawiris engaged with the multibillion-dollar housing scheme named ‘Eighteen’ in Islamabad which was inaugurated by two companies, Kohistan Builders and Saif Group.
The government of Pakistan, along with the banking sectors and other financial institutions negotiated to give the interest-free loans to the people who want to build the houses in the housing scheme.
The duration of the loan would be between 15- 20 years and the monthly installment of 5000-6000 per month so that the people can easily pay such payment.
The opposition leaders from PML-N said that PTI wasn’t providing the houses as the promised. They are pushing the people to hell.
Shahid Khaqan Abbasi and former defence minister Khawaja Asif, Ahsan Iqbal said, “People are suffering owing to the hike in gas and electricity prices.”
They also said in the interview that In the Naya Pakistan film they promised people heaven but pushed them into hell.”
While in the interview the Abbasi taunts to Imran Khan “You said that you will accumulate a revenue of Rs190 billion and that people will shower taxes after looking at you. You claimed that people trust you and you collect funds, but in the first quarter after you assumed power, the deficit rose by Rs100 billion.”
As the CPEC started, investments poured into Pakistan from all around the world. According to analysts and journalists, Gwadar port’s is the major reason why investors want to invest in Pakistan. Gwadar port is hopefully going to be the hub of the biggest business trade of Asia. The Gwadar Port and it's all master plans will help Pakistan to convert the dreams into reality.
Billion dollars of projects are being initiated and more projects are upcoming in 2019 that will stabilize Pakistan’s economy.
According to CPEC, following are the plans that will be deployed in Pakistan:
Following are the projects that will be launched or in under construction in Gwadar:
These projects cost a billion dollars, which will support Pakistan’s economy. And will open the doors for more developments and prosperity in Pakistan.
Few of the Major Gwadar Projects are:
The Gwadar smart port city plan has been inaugurated and it would be finalized soon. As Gwadar is going to be a business hub, so it is important to emphasize on its safety and security. The cost of Gwadar Smart city project is $4 Million.
In the recent meeting, the Development minister said:
The minister PD&R also emphasized on the safety and security aspect of thePort City. “To harness the potential of Gwadar as a transhipment hub, this government will provide secure and conducive environment here,”
The development of Pakistan’s biggest International airport has a span of 4,300 acres. The total budget for the construction of the airport is $246 Million. Both Pakistan and China are now engaged to complete all the formalities to start the construction of the airport in April this year. The soil testing has been done on the surface of the allocated land in January through 300 boreholes made on various locations. The full name of the AirPort, according to the agreement is 'New Gwadar International Airport'.
A question!! That every investor ask to the property agent. In the city plan, some areas of Gwadar have become more crucial than the others. Gwadar is being developed day by day.
Below are some areas that would rise its value by 100% shortly in the future.
Do you want to invest in Gwadar’s Property?? Contact us for the latest updates on the Gwadar properties for sale. Or if you have any questions, comment below. We will reply to you as soon as possible.
Lahore: Chief Minister of Punjab, Usman Buzdar, ordered LDA to accelerate the construction of Shelter homes. Since, after that, LDA extended the deadline for completing the shelter home’s construction as soon as possible in Lahore.
Imran Khan, the Prime Minister of Pakistan, laid the foundation of the shelter homes in Pakistan for the poor, needy and homeless people who haven’t a proper shelter to sleep. The public of Pakistan appreciated PM for launching the shelter homes.
The first shelter home is near the Railway Station, Lahore with the area size of one Kanal and it belongs to Punjab Government, but Federal Government will do the construction of the shelter homes.
Labour from other cities comes to Lahore for work and stay here for long. So, they search for a place to sleep. Shelter home will provide them with a place to sleep instead of sleeping at footpaths.
For now, there are four shelter homes in Lahore (Railway Station, Data Darbar, Badami Bagh, Lari Adda, and Thokar Niaz Baig) which are almost completed. LDA has the Commercial Plot for Sale in Lahore in LDA Avenue.
The construction company has completed the construction of four shelter homes, the 5th one is still in under construction, and Punjab Government ordered them to finish by Feb 20.
Bahawalpur: According to the recent news, Defence Housing Authority has revealed the payment plan for the residential and commercial plots of DHA Bahawalpur.
DHA Bahawalpur is low price, surprisingly profitable project for Southern Punjab presenting the people of Bahawalpur to live a luxurious life. People are much conscious of buying the land in DHA Bahawalpur to live a high-quality life or to invest the money.
Payment plan of DHA Bahawalpur has been announced. According to the DHA Bahawalpur official site, the society is providing the booking of 5 Marla, 8 Marla and 2 Kanal residential plots. For the commercial plots, booking is only for the 4 Marla and 8 Marla. And the buyers who are interested in buying the farmhouse can get 4 Kanal and 8 Kanal. All of these DHA Bahawalpur plots are available in installments.
You can get the application from DHA Bahawalpur official website.
Residential Plots On 3 Years Installments
Commercial Plots on 3 Years Installments
Farm Houses Plots On 3 Years Installments
5 Marla Residential = Rs 3000 ( Non Refundable )
8 Marla Residential = Rs 5000 ( Non Refundable )
2 Kanal Residential = Rs 10000 ( Non Refundable )
4 Marla Commercial = 1.55 Lacs ( Rs 15000 Non Refundable )
8 Marla Commercial = 3.20 Lacs ( Rs 20000 Non Refundable )
4 Kanal Farmhouse Plot = 1.7 Lacs ( Rs 20000 Non Refundable )
8 Kanal Farmhouse Plot = 3.25 Lacs ( Rs 25000 Non Refundable )
If you have any query about Properties for Sale in DHA Bahawalpur, you can freely contact us. Nexthome.pk will guide you further and give you professional assistance.