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Islamabad: In a recent cabinet meeting, Caretaker Prime Minister Anwaarul Haq Kakar emphasized the use of vertical buildings for housing development in the capital city. This directive aims to optimize land usage and avoid encroaching on valuable agricultural land, as previously done through plot allotment to government employees. The Prime Minister instructed the Capital Development […]

Pakistan’s premier real estate developers Cloud Services held a roadshow on February 10th, 2024 at Nasreen Hall, Shangri-La Hotel, Sheikh Zayed Rd, DUBAI. This significant event was aimed at unveiling their premier high-rise residential projects, namely Cloud Residences and Cloud Tower-1. The event consisted of two informative sessions, one at 10:45 AM and another at

The Chief Minister of Punjab, Mohsin Naqvi, has announced a significant development for the residents of Rawalpindi. This development involves the construction of a signal-free corridor stretching from Pirwadhai Morr to Kutchery Chowk. This corridor, spanning 7.6 kilometers, aims to reduce traffic congestion at some of the busiest intersections in Rawalpindi. Under this project, three

After a mere five months of construction, the city of Gujranwala is now seamlessly connected to the Sialkot-Lahore Motorway thanks to the newly opened Gujranwala Expressway, inaugurated by Chief Minister Mohsin Naqvi. This impressive 15.2km, two-lane expressway slashes travel time between Gujranwala and Lahore to a stunning 45 minutes. Imagine, reaching Lahore in the same

One Homes, Pakistan’s leading luxury real estate developer, has partnered with internationally acclaimed lighting design firm ZKLD Studio for their landmark Lahore development, One Canal Road. This collaboration marks a first for Pakistan and promises to redefine luxury living in the heart of the city. ZKLD Studio brings a remarkable three-decade legacy of expertise to

The Central Development Working Party (CDWP) has given the green light to four infrastructure development projects worth Rs 138.66 billion. The approval was granted during a CDWP meeting chaired by Deputy Chairman Planning Commission, Mohammad Jehanzeb Khan. Out of the four projects, one was approved with a cost of Rs 2 billion, while three others

The Ravi Urban Development Authority (RUDA) and the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) recently came together for the “Investment Reimagined” event. This platform served as a space for public and private interests to discuss and Collaborate on urban development and financial growth in the region. The event featured a collaborative dialogue

Pakistan is joining forces with Chinese construction companies to build better infrastructure and real estate projects faster and smarter. This collaboration brings valuable expertise, efficient techniques, and a focus on sustainability to the table. According to Dr. Liaqat Ali Shah, head of policy for the China-Pakistan Economic Corridor (CPEC), Chinese investments have primarily focused on

The year 2023 marked a remarkable milestone for the Dubai real estate market, with both the volume and value of sales transactions reaching new highs. Average prices in September 2023 surpassed the previous peak set in September 2014, and this upward trajectory continued through the final quarter, despite a slight dip in off-plan transactions. Several

The International Monetary Fund (IMF) has praised Pakistan’s Federal Board of Revenue (FBR) for its successful efforts in expanding the country’s tax net. This positive evaluation comes as the FBR aims to collect Rs9.4 trillion in taxes for the fiscal year 2023-24, with the IMF expressing confidence in Pakistan achieving its highest-ever tax collection in