Housing related news and discussions for overseas Pakistani friends

Archive - Jul 13, 2010

Date

Islamabad: Senate body asks CDA to withdraw fine on Sector I-16 allottees

Posted Tue, 07/13/2010 - 21:03 by Overseas

The Senate Functional Committee on Government Assurances Monday asked Capital Development Authority (CDA) to withdraw notices issued to allottees of I-16 for imposition of fines due to delays in initiation of construction work.

The committee was of the view that CDA has failed to provide necessary facilities needed for undertaking construction work to the allottees.

ISLAMABAD: CDA planning to double property tax, water charges

Posted Tue, 07/13/2010 - 20:23 by Overseas

Associated Press of Pakistan
Living in the federal capital is going to be tougher as the Capital Development Authority (CDA) is planning to double the property taxes and water charges, besides imposing entry fee at public parks.

“We are trying to rationalise the taxation mechanism. This has not been revised for the last decade or more. Taxes in major cities of Lahore and Karachi are far higher than those of Islamabad,” said a senior CDA official.

As far as property tax is concerned, the authority would increase it in accordance with the value of the property.