Category : Real Estate


ADB, NHA Sign Deal for Karachi-Sukkur M6 Motorway

Federal Minister Abdul Aleem Khan welcomes the strategic agreement between the Asian Development Bank and the National Highway Authority for the M6 Motorway, a 306-km project set to enhance national connectivity and boost trade.

Rohri-Karachi Railway Track Work to Begin in September

Former Prime Minister Shahid Khaqan Abbasi has announced that construction on the Rohri-Karachi railway track will commence in September, marking a significant infrastructure development for Pakistan's transportation sector.

SECP Clears JS Rental REIT for Public Investment on PSX

The SECP has approved the Offer for Sale of JS Rental REIT units, enabling public investment in rental real estate through the capital market. This marks the 9th listing on PSX this fiscal year, boosting REIT options to six.

Petrol Pump Owners Demand Higher Sales Commission

Petrol pump owners across Pakistan are demanding an increase in their sales commission, citing rising operational costs and inflation. The demand comes as they struggle to maintain profitability in the current economic climate.

Punjab Approves Rs 3.088B for Gujar Khan Underpasses

The Punjab government has sanctioned Rs 3,088.4 million to construct two underpasses on GT Road in Gujar Khan, aiming to enhance traffic flow and reduce accidents. The project involves clearing structures, affecting local traders who seek alternate sites.

Shalimar Express Derails Near Shahdadpur, No Casualties

Four air-conditioned parlour coaches of the Karachi-to-Lahore Shalimar Express derailed near Shahdadpur railway station, disrupting train operations. No casualties occurred, but passengers faced delays and shortages.

Petroleum Dealers Demand 8% Commission Increase

Petroleum pump owners and dealers in Pakistan are demanding an 8% increase in their commission, citing rising operational costs and inflation. This move could impact fuel prices and the broader economy.

RDA Cracks Down on Illegal Housing Schemes, Warns Investors

The Rawalpindi Development Authority has intensified its crackdown on illegal housing schemes, warning investors to avoid unauthorized projects. This move aims to protect citizens from fraud and ensure compliance with urban planning regulations.

Cemento Redefines Lahore's Ready-Mix Concrete Market

Cemento, a leading construction materials company, is revolutionizing Lahore's ready-mix concrete sector through advanced technology, quality control, and sustainable practices, reshaping urban development standards.

Shangla Transport Fares Surge After Fuel Price Hike

Transport fares in Shangla have surged by up to 30% following a recent fuel price hike, causing financial strain on commuters and sparking protests. Authorities are urged to intervene to regulate fares and address the crisis.

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