Download IPFS Karachi, Pakistan’s bustling financial hub, has long been a hotspot for real estate investment. Among its most sought-after areas, Defence Housing Authority (DHA) Karachi stands out for its secure environment, modern infrastructure, and premium lifestyle. Now, a new development is generating significant attention, Goldcrest Bay Sands in DHA[Read More…]

Download IPFS The planned sale of Pakistan’s Roosevelt Hotel in Manhattan has hit another major setback after the global real estate consultancy advising the transaction unexpectedly withdrew from the process. The exit of the financial adviser has pushed the timeline for any deal back by at least 18 months, adding[Read More…]

Download IPFS Defence Minister and senior Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Asif has claimed that more than half of the country’s bureaucracy has purchased property in Portugal and is seeking citizenship. The statement was made on the social media platform X (formerly Twitter), where Asif alleged that prominent bureaucrats[Read More…]

Download IPFS Pakistan’s National Accountability Bureau (NAB) has auctioned three commercial properties linked to Bahria Town and its founder, Malik Riaz Hussain, as part of efforts to recover funds from a court-approved plea bargain in 2019. The auction took place on Thursday, a day after the Islamabad High Court dismissed[Read More…]

Download IPFS The Islamabad High Court (IHC) on Tuesday dismissed petitions challenging the auction of six Bahria Town properties, clearing the way for the National Accountability Bureau (NAB) to proceed with the sale scheduled for August 7. A division bench comprising Chief Justice Sardar Mohammad Sarfraz Dogar and Justice Muhammad[Read More…]

Download IPFS The Punjab government has approved the allotment of 1,220 residential flats for industrial workers across the province and announced plans to construct 3,000 more units shortly, as part of a broader effort to expand affordable housing under Chief Minister Maryam Nawaz’s leadership. The announcement was made during the[Read More…]

Download IPFS The Environmental Protection Agency (EPA) Punjab has launched enforcement action against 24 entities, including 22 private housing societies and 2 government institutions, for illegally dumping untreated wastewater into public canals and drains. According to EPA officials, these entities were found discharging hazardous sewage and industrial waste without proper[Read More…]

Download IPFS The Lahore High Court on Wednesday issued a stay order restraining the Punjab Small Industries Corporation (PSIC) and other respondents from acquiring cultivated land in Mauza Sarai Dhing, Gujrat, for the development of a new Small Industries Estate. Justice Khalid Ishaq presided over the hearing of a petition[Read More…]

Download IPFS Punjab Chief Minister Maryam Nawaz announced that 50,000 low-income citizens have received interest-free housing loans under the provincial government’s “Apni Chat Apna Ghar” scheme in just six months. The initiative, launched to improve access to affordable housing, has gained significant momentum across the province. Speaking at a public[Read More…]

Download IPFS Pakistan’s Information Minister Attaullah Tarar has announced the discovery of major money laundering evidence tied to Bahria Town, one of the country’s largest real estate firms, and its founder, Malik Riaz Hussain. The Federal Investigation Agency (FIA) recovered documents suggesting illegal fund transfers amounting to billions of rupees.[Read More…]