Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

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Market Pulse & DHA Files Rates Updates By Lahore Real Estate® January,30,2023

Monday, January 30, 2023 03:35 PM PST

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Market Pulse & DHA Files Rates Updates By Lahore Real Estate® January,30,2023

Market Pulse & DHA Files Rates Updates By Lahore Real Estate® January,30,2023

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Lahore Smart City Ballot Updates - Which Files will be Included in the Ballot? | LSC Balloting

Saturday, January 28, 2023 09:20 PM PST

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Lahore Smart City Ballot Updates - Which Files will be Included in the Ballot? | LSC Balloting

Lahore Smart City Ballot Updates - Which Files will be Included in the Ballot? | LSC Balloting

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Quetta BCDA working on master plan for Balochistan’s coastal belt

Saturday, January 28, 2023 09:00 PM PST

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Quetta BCDA working on master plan for Balochistan’s coastal belt

Quetta: The Balochistan Coastal Development Authority (BCDA) is chalking out the master plan of the coastal lie of the province in an attempt to identify the future feasibility of ‘compressive development and preservation of the natural ecosystem’, according to news published on January 23.

Reportedly, the Balochistan government is contributing earnest effort to finalise the master plan to leverage the plethora of tourist destinations dotting the 750-kilometre-long coastal belt and boost the ‘blue economy’. To further optimize the potential of the provincial tourism sector, the government worked to preserve marine life and protect the coastal ecosystem to combat coastal erosion.

The construction work on eco-tourism resorts, jetties, beach parks and rest spots has been ongoing in full swing to accommodate local and foreign travellers. The development of resorts in Gadani, Kund Malir, Jiwani, Aurmara, Gwadar and Kalmat is almost 90% complete. Moreover, the government has spent PKR 250 million on the establishment of five beach parks at the coastal belt.

As per the sources, the government has also formulated BCDA to oversee commercial, residential and other salient facilities for tourists.

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Pakistan Mohmand Dam to be completed by 2026: Chairman WAPDA

Saturday, January 28, 2023 08:58 PM PST

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Pakistan Mohmand Dam to be completed by 2026: Chairman WAPDA

Islamabad: Water and Power Development Authority (WAPDA) Chairman Engineer Lt Gen Sajjad Ghani (retired) said that the Mohmand Dam project will be completed by 2026, news sources reported on January 26.

The chairman revealed this information while on a visit to the dam construction site. He said that work is taking place at 11 sites of the project at present, with more sites to be opened soon. He added that the recent floods in the region had delayed the project and the work was halted to solve the water-related issues. However, the development work has now resumed to full capacity with the project expected to complete as per the decided timeframe.

It is important to note that the Mohmand Dam hydropower project will store 1.2 million acre-feet (MAF) of water and will contribute 2.86 billion units of low-cost and environment-friendly hydel electricity per annum to the national grid.

Moreover, it is also expected to provide 300 million gallons of water per day for drinking purposes in Peshawar. The project will also irrigate 18,237 acres of new land in Mohmand and Charsadda and provide socio-economic benefits of Rs 51.6 billion.

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DG MDA Orders Strict Action Against Illegal Housing Schemes January 2023

Saturday, January 28, 2023 08:56 PM PST

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DG MDA Orders Strict Action Against Illegal Housing Schemes January 2023

MULTAN: Director General of the Multan Development Authority (MDA), Saleem Qaisar, has stated that strict action was being taken against unauthorized housing complexes.

As per the sources, he said that MDA was tightening the noose around the owners of unlawful housing schemes, and FIRs were being filed against the owners.

The details suggest that DG MDA warned the public not to fall for the mafia’s unlawful housing projects in his message to the public.

The DG also advised that before buying a plot in any housing scheme, people must consult the MDA’s website and social media handles or ask the MDA for information on the legal status of the pertinent society.

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According to the sources, the over-expanded portion of the Adams Housing proposal was also declared unlawful.

MDA, according to details, did not legalize the expanded region and only 480 Kanal of the housing plan were allowed for the Adams Housing project, which then illegally enlarged the colony to 600 Kanal.

Besides, the sources also confirmed that MDA sent multiple notices to the housing society but their non-compliance has compelled the civic body to designate the enlarged portion as illegal.

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Good News: DHA Multan Launches Free Bus Service for Students

Saturday, January 28, 2023 08:54 PM PST

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Good News: DHA Multan Launches Free Bus Service for Students

MULTAN: The Defense Housing Authority (DHA) Multan has introduced a complimentary bus service specifically for students residing in the housing project.

This pick-and-drop service will provide transportation to and from DHA Multan and Chungi #9, free of charge.

The DHA administration says it is dedicated to improving services and enhancing the overall quality of life for residents of the housing project through initiatives such as this.

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In another development, the Defense Housing Authority (DHA) Multan held the third balloting for the Hajj and Umrah package as a continuation of its Employee Welfare Policy.

As per the details, a total of 12 employees were selected for the Umrah package and 6 for Hajj.

The Project Secretary, Col Habib ur Rehman Awan, emphasized the authority’s dedication to creating a supportive and nurturing working environment for all employees.

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Here’s What You Didn’t Know About Park View City Islamabad

Saturday, January 28, 2023 08:50 PM PST

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Here’s What You Didn’t Know About Park View City Islamabad

The ProProperty team recently visited the headquarters of Park View City, the highly-anticipated project that has been making waves in the industry.

We had the pleasure of sitting down with Fareed Zaka Bajwa, the Director of Sales and Marketing, who possesses a sharp insight into the ever-evolving trends and potential of the real estate sector.

During the meeting, we delved into the vast possibilities that the project holds and explored the business opportunities it presents. Fareed walked us through investment opportunities in Park View City, price & market trends, challenges, and more during the conversation.

Besides, he also had one breaking news for us and our audience which you can find out towards the end of the interview. Watch the full interview here and let us know if you’ll be willing to invest in the project.

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the Punjab Government Inclusion of Gulberg Elevated Expressway in Lahore Master Plan 2050

Saturday, January 28, 2023 08:21 PM PST

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the Punjab Government Inclusion of Gulberg Elevated Expressway in Lahore Master Plan 2050

Inclusion of Gulberg Elevated Expressway in Lahore Master Plan 2050
LAHORE: The Gulberg Elevated Expressway Project has been incorporated by the Punjab Government into the Lahore Master Plan 2050. (Reported by news source)

Shadman, Samanabad, Ferozepur Road, and Gulshan Ravi will be avoided on the 10.5-kilometer-long Gulberg Elevated Expressway track that connects Home Economics College in Gulberg with the Lahore-Islamabad Motorway (M2). The four-lane track can hold 73,866 vehicles per day, according to expectations. Six interchanges will be present along its

The project would cost an estimated Rs.85 billion, and as part of that, the Lahore Development Authority will receive 801 kanals of private land for Rs.3.5 billion (LDA). The federal government is anticipated to give the project its final approval in the forthcoming budget.

It is significant to note that the project was approved in 2019 and was promoted as a workable initiative to lessen city pollution by easing traffic in the major urban regions. To assess the project's viability and potential advantages, the Punjabi government carried out a feasibility study. The analysis came to the conclusion that the project was doable and would benefit the city's infrastructure.

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RUDA: 100,000 affordable homes will be developed near Ravi

Saturday, January 28, 2023 08:13 PM PST

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RUDA: 100,000 affordable homes will be developed near Ravi

100,000 affordable homes will be developed near Ravi
LAHORE: Imran Amin, CEO of the Ravi Urban Development Authority, stated that the organization's own CSR funds would be used to construct about one lac low-cost homes. (Reported by news source)

Dr. James L. Wescoat is renowned for his multidisciplinary research on the Indus River Basin's climatic hazards, water management, multinational water treaties, the political economy of landscape change, the water-energy-food nexus, and Mughal era architecture in the Indian subcontinent.

RUDA is the solution to Ravi's socio-hydrology, where over time, RUDA's own CSR funds would be used to construct around one lac low-cost homes. With the resurrection spirit of Lahore, it won't be a city for the wealthy but rather a city for everyone.

It is important to highlight that a number of RUDA officials participated in this session by attending and offering their advice where necessary.

At the conclusion, CEO Imran Amin reaffirmed his commitment to making this project a success, saying there was no other way to protect Lahore from its impending water, environmental, and ecological woes.

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Plans for the Hyatt Regency Lahore DHA are announced by Hyatt Hotels Corporation January 2023

Saturday, January 28, 2023 08:11 PM PST

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Plans for the Hyatt Regency Lahore DHA are announced by Hyatt Hotels Corporation January 2023

Plans for the Hyatt Regency Lahore DHA are announced by Hyatt Hotels Corporation January 2023
LAHORE: The 94-room building is scheduled to debut in 2024 as Pakistan's first Hyatt-branded hotel. (Reported by news source)

FP Global (Private) Limited and a Hyatt affiliate have entered into a franchise agreement for the Hyatt Regency Lahore DHA which will be the first Hyatt-branded hotel in Pakistan and a significant advancement in Hyatt's plans to broaden its brand portfolio in Southwest Asia according to a press release from Hyatt Hotels Corporation (NYSE: H).

The resort which is a part of Defence Housing Authority Phase 6 (DHA-6) will be run by Valor Hospitality Partners and is scheduled to start accepting guests in 2024.

The 94-guestroom hotel which is now undergoing renovations will have six food and beverage outlets including all-day dining establishments specialised restaurants a lobby lounge the Regency Club and The Market a cafe-style alternative where visitors can grab a snack whenever they want.

Additionally Lahore's proximity to Islamabad the country's capital and the easy access to the Internet made possible by the Lahore Junction railway station which is only 30 minutes away by car are additional advantages.