The Traffic Engineering and Planning Department (TEPA) will construct a seven-storey parking plaza in the provincial capital with an estimated cost of Rs 499 million.

The parking plaza to be constructed at the Liberty market on 3 kanals and 16 marlas land with a capacity of 206 cars, will be operative for 12 hours a day and its proposed rate of parking is said to be Rs 25 per hour.

Online

RAWALPINDI: The purchase and sale of property in the Rawalpindi tehsil office has been computerized, said sources on Wednesday.

The purpose of the computerization was to abolish fraud completely in the sale and purchase of property and in the preparation of documents, sources said.

Sources said that in the preparation of documents and the purchase of property, pictures of witnesses and submission of computerizes national identity cards of all concerned have been made mandatory.

DHA Karachi has launched another land mark project "DHA CITY KARACHI" on Super Highway, located at 20 minutes drive from Quid-e-Azam International Airport.
Total available land in DHA City is 11640 acers out of which around 5000 acres land is being offered for allotment to various categories of allottees. For the first time the plots are also being offered to common citizens in open ballot and a very easy payment term extending from 9 - 10 years.

The Securities and Exchange Commission of Pakistan (SECP) while addressing misconception in general public regarding real estate sector informed that the Companies Ordinance, 1984 deals with the incorporation of companies and there was no legal restriction on real estate companies being incorporated under the ordinance, as real estate was a lawful business.

Mobarik A. Virk
Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi Friday reviewed the pace of development work in Sector I-11 which finally started with the construction of northern and western service roads after remaining stalled for almost 30 years.

CDA’s Member Engineering Tahir Shamshad while briefing the chairman and other senior officials said that the work on construction of northern and western service roads is progressing well.

Capital Development Authority (CDA) is striving to open and develop the stalled sectors to mitigate the sufferings of people owning plots there.

CDA Chairman Imtiaz Inayat Elahi said this on Friday during his visit to Sector I-11, where he inspected progress in ongoing developmental projects. The CDA Engineering, Estate, Planning and Design members and other officers accompanied Elahi.

Associated Press of Pakistan

Mobarik A. Virk

Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi has called for brisk development work in Sector D-12 so that people who were allotted plots way back in 1988 could construct their houses at the earliest.

The CDA chairman took a round of the sector on Thursday to review the pace of development work.

Imtiaz Inayat Elahi said that it is the primary responsibility of the CDA to meet the growing residential requirements of citizens by taking steps to overcome shortage of housing units in the federal capital.