Download IPFS The Hyderabad Development Authority (HDA) has identified 137 housing schemes operating without proper authorization, of which 43 have now secured official approval, while 94 remain illegal. This revelation emerged during a session of the Sindh Assembly’s Public Accounts Committee (PAC) in Karachi on Thursday. PAC Chairman Nisar Ahmed[Read More…]

Download IPFS The Parks and Horticulture Authority (PHA) Lahore has approved a significant increase in the no-objection certificate (NOC) fee for housing societies, doubling it from Rs. 50,000 to Rs. 100,000 per kanal. The decision was made during the PHA’s 27th Board of Directors (BoD) meeting, chaired by BoD Chairman[Read More…]

Download IPFS Pakistan’s Supreme Court has dismissed Bahria Town’s final appeal to halt the auction of its prime commercial properties in Islamabad and Rawalpindi, delivering a landmark verdict in one of the country’s most high-profile property disputes. The ruling allows the National Accountability Bureau (NAB) to proceed with the sale[Read More…]

Download IPFS The Punjab government has rolled out a landmark housing initiative under its Apni Chhat Apna Ghar (My Roof, My Home) scheme, approving 75,000 subsidized home loans to address the province’s growing housing crisis. This ambitious program targets low-to-middle income families, offering them an unprecedented opportunity to achieve home[Read More…]

Download IPFS The Capital Development Authority (CDA) has launched its most aggressive campaign yet against illegal housing societies in Islamabad, preparing to place multiple developers on the Exit Control List (ECL). This escalation follows years of complaints from defrauded investors and growing concern over unregulated urban expansion in the federal[Read More…]

Download IPFS In a significant move for Pakistan’s real estate sector, the Federal Board of Revenue (FBR) has officially withdrawn the Federal Excise Duty (FED) on the allotment and transfer of immovable property. This announcement, made through Sales Tax and Federal Excise Circular No. 2 of 2025, aims to encourage[Read More…]

Download IPFS The National Accountability Bureau (NAB) Rawalpindi conducted a public auction on Thursday for six commercial properties linked to real estate businessman Malik Riaz and Bahria Town. This move is part of NAB’s ongoing efforts to recover defaulted funds through a court-approved plea bargain. According to an official NAB[Read More…]

Download IPFS Pakistan’s government is moving ahead to complete the partial sale of its century-old Roosevelt Hotel in New York by the end of this year, a senior official confirmed. Adviser to the Finance Minister Khurram Schehzad clarified that the process to appoint a new financial adviser is underway and[Read More…]

Download IPFS The National Accountability Bureau (NAB) has initiated a high-profile auction of assets linked to Bahria Town founder Malik Riaz, raising over Rs1.3 billion in what could mark a turning point for Pakistan’s real estate sector. The auction began earlier this week after the Islamabad High Court (IHC) granted[Read More…]

Download IPFS A member of the National Assembly has sounded the alarm over recurring flooding in the federal capital, blaming unregulated housing developments built along riverbeds for worsening the crisis. Speaking during the National Assembly’s Question Hour, Pakistan Peoples Party (PPP) lawmaker Nuzhat Pathan criticized the lack of regulatory enforcement[Read More…]