LAHORE - Lahore Development Authority (LDA) Metropolitan Planning Wing Private Housing Schemes squad on Wednesday demolished structures of five illegal housing schemes in Sheikhupura. According to LDA spokesperson, the Authority demolished under construction roads, sewerage systems, greenbelts and other infrastructure of ARC Villas, Hiran Minar City, Bilal motorway city, Hiran Minar land sub-devision and new civil lines private housing schemes developed in agricultural area of Sheikhupura.

 

  LAHORE -  Lahore Development Authority (LDA) Town Planning Wing Zone-IV Squad on Tuesday demolished four illegal buildings here at Ferozepur road. According to LDA spokesperson, the team inspected various areas and demolished marquee at Jhalke stop near Central Park,various illegal shops constructed at stop number 5, partially demolished pillars of an illegal constructed building near ring road and vegetables market,Rohi nullah Ferozepur road.

  The construction amnesty scheme seems to be on the right track—for what it intended to do—ramp up construction which will immediately provide impetus to employment and manufacturing activity. That it is responding to the government plans is visible from not only cement and long steel production numbers over the past few months (read more:   “Construction take-off: Saving grace” , Dec 18, 2020), but also from the credit being doled out by banks. Credit off-take for residential and non-residential construction, as well as home loans has witnessed a substantial growth since August which remained more or less flat since Jul-19 with very few loans being added to the mix. September-20 seems to have breathed life into the sector—construction and home loans jumped to a new peak of Rs295 billion (this includes residential and non-residential building construction, home loans for consumers as well as bank employees). Drivers of this are construction loans, rather than home loans—which indicate

 

The government is considering giving a three to six months extension in Prime Minister Imran Khan’s tax amnesty scheme for the construction sector. The scheme is going to expire on Thursday. The deliberations to extend the scheme have been taking place for quite some time as so far over 350 projects having an estimated cost of Rs140 billion are registered under the scheme. The PM’s Office has directed the Federal Board of Revenue to prepare draft of a presidential ordinance to further extend the tax amnesty scheme, sources told The Express Tribune. The sources said at the moment the government was considering either to give a three or six months extension in the date to avail the scheme. However, the final decision would depend upon whether the International Monetary Fund also endorses the proposal. The prime minister had announced his government’s second tax amnesty scheme, allowing people to invest in the construction sector without disclosing the source of income. The construction s

  Gilani Associates Real Estate & Builders LAHORE -Lahore Development Authority (LDA) Estate Management Directorate, Private Housing Schemes staff on Wednesday carried out operation against illegal constructions in approved private housing schemes. According to LDA spokesperson here, the Authority demolished illegal construction on mortgaged plots in Mohafiz Town Phase One and PCSI Staff Colony. LDA also sealed the offices of the schemes while a hall built on park sites in IEP Town Sector B was also sealed during the operation.

 

Uptrend hampering recovery of construction activities in country Owing to an expected jump in demand for steel and cement around the globe following the invention of Covid-19 vaccines, the uptrend in local prices for the two commodities has accelerated, which is hampering the recovery of construction activities in Pakistan. Amreli Steels has announced a hike in the price of rebars by Rs5,000 per ton in addition to an increase of Rs5,000 per ton announced earlier during the month, said JS Global analyst Arsalan Ahmed in comments to The Express Tribune. “It appears that the decision has been taken on the back of uptick in global scrap prices by almost $60 (Rs9,600) per ton,” he said. “After the recent increase, the price of rebars of the company stands at Rs128,000 per ton.” Pakistan Association of Large Steel Producers (PALSP) Secretary General Syed Wajid Bukhari said that the price of scrap had soared from $300 per ton in early November 2020 to $450 per ton now due to shortage in the i

The real estate and construction sector has the potential to uplift the economy and put Pakistan on the path of sustainable economic growth, said Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan. Speaking at the inauguration ceremony of Asasa Real Estate and Builders, he urged the government to extend the prime minister’s construction package for another year that would help attract maximum investment to Pakistan and bring revolution to the construction industry. Khan said housing demand was on the rise in Pakistan due to rapidly increasing population and the country needed to build around 12 million houses per year to bridge the huge gap. He added that an extension in the construction package for one more year would facilitate the construction of more houses across the country, especially for the low-income segments of society. “Over 70 allied industries are associated with the construction sector and a boom in construction activities will give a boo

ISLAMABAD/LAHORE - The Supreme Court (SC) on Wednesday issued notice to the Lahore Development Authority (LDA) in Eden Garden Housing Society Lahore case. A three-member bench of the apex court, headed by Justice Umar Ata Bandial and comprising Justice Mazhar Alam Khan Miankhel and Justice Mushir Alam, heard the case. During the course of proceedings, the counsel for the Defence Housing Authority (DHA) said that the housing society was being relocated due to some issues. He said that the society was now being further developed on a green belt surrounding Ravi River. The DHA had also identified two or three other sites, he added. Justice Bandial said that the court could not allow relocation of the housing society since people had invested huge amounts in it, he added. He told counsel for the DHA that the court must be satisfied on all issues relating to the transfer of society. Justice Mazhar Alam Khan Miankhel said that all new housing societies were being developed on agricultural la

  Arguably, few incentive policies in Pakistan have yielded such instantaneous results as the one introduced a few months ago by PM Imran Khan on construction;  pegging industrial growth to the building and construction sector making it the ultimate catalyst for manufacturing and jobs. It is a time-tested formula—construction is a great propellent for economic growth. There are at least 40 ancillary sectors tied to construction, including large and small manufacturers of bricks, marbles, cement, steel, tile, wood, paint, glass and so on.  Two major indicators: cement and steel show tremendous outcomes.  Cement tapped a new high in Oct-20 selling nearly 6 million tons of cement in that month; a historic high (read more  “Cement: Grabbing the bull by its horns” , Dec 4, 2020) while long steel products also gathered steam. Industry players in both sectors are gearing for a fresh round of expansions (read more:  “IPO files: Agha steel’s ‘Midas’ touch” , Oct 6, 2020). Builders are not shyin

 

  LAHORE:   The governing body of Lahore Development Authority (LDA) on Thursday approved the construction of 4,000 residential units at a cost of about Rs10 billion in the first phase of LDA City Naya Pakistan Apartments project. “All citizens who will be provided mortgage financing facility by Naya Pakistan Housing Authority and commercial banks will now be eligible to purchase these apartments,” a statement issued by the authority read. The 7th meeting of the LDA governing body was presided over by Vice Chairman SM Imran. The meeting was informed that LDA has planned to construct these apartments on 563 kanals of land in Mouza Halloki within a year’s time. As many as 125 blocks of ground-plus-three-storey apartments, each comprising 32 residential units, will be built in the first phase. Mosques and other amenities will also be provided in the area. The meeting decided to construct infrastructure including roads, water supply and sewerage system, sidewalks, water treatment plots and

The real estate and construction sector has the potential to uplift the economy and put Pakistan on the path of sustainable economic growth, said Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan. Speaking at the inauguration ceremony of Asasa Real Estate and Builders, he urged the government to extend the prime minister’s construction package for another year that would help attract maximum investment to Pakistan and bring revolution to the construction industry. Khan said housing demand was on the rise in Pakistan due to rapidly increasing population and the country needed to build around 12 million houses per year to bridge the huge gap. He added that an extension in the construction package for one more year would facilitate the construction of more houses across the country, especially for the low-income segments of society. “Over 70 allied industries are associated with the construction sector and a boom in construction activities will give a boo

Murree will get a status upgrade from a tehsil to a sub-district while the number of police stations will be increased to three, member of provincial assembly (MPA) from the hill station told The Express Tribune on Saturday. According to PTI MPA Sadaqat Abbasi, the motorcycle-mounted Dolphin Force will patrol Murree in December during the peak winter season for tourists. The status of the Dolphin Force will be of a Peace Force and it will be tasked to protect tourists and ensure peace at the hill station, he said. The provincial government has already started the paperwork for the administrative up-gradation of Murree, Abbasi said adding that under the new system, a senior officer of superintendent police will also be deployed in the sub-district along with Assistant Commissioner (AC), Additional Deputy Commissioner (ADC), and an ASP. Abbasi said that Murree had expanded from the quaint mountain town of the yore where there was negligible crime rate. Though , feuds among local clans wo

A judicial commission tasked with probing into illegal constructions at Murree – a popular hill station in Punjab – is facing difficulties in completing its investigation due to a number of reasons including non-availability of record at the Muree Municipal Committee and lack of proper resources. The commission led by Federal Shariat Court (FSC) former judge Mehmood Maqbool Bajwa has filed its preliminary report to the apex court after passage of more than two years. The Supreme Court on March 29, 2018 constituted the commission which had later directed a team –headed by Murree assistant commissioner and comprising tehsil municipal administration (TMA) staff – to prepare a report about each building at the resort. The team completed its work on July 1, 2019 after conducting a survey of 1,522 residential and commercial buildings. Later, the commission also conducted a physical survey but the report remains incomplete due to non-availability of proper record at the Murree Municipal Commi

 

  LAHORE:  The Lahore Development Authority (LDA) has started preparing megaproject proposals to maintain the flow of traffic on Mall Road, which is the busiest road in the provincial capital,  Pakistan Today  learnt on Wednesday. Reportedly, due to the large markets on this road – such as Hall Road Market, Neela Gumbad Bicycle Market, Anarkali Bazaar, Baden Road Market and many important government offices and courts – this road becomes so busy on workdays. Thus, it becomes a major challenge for the traffic police and other government departments. The LDA was tasked by Punjab Chief Minister Sardar Usman Buzdar to work on proposals to improve traffic flow on the Mall Road. In this regard, the LDA started to work on two proposals for Mall Road. The first proposal was to make a two-way underpass at all the ‘chowks’ on the road to improve the flow of traffic. The second proposal would suggest to the government to build an underground tunnel, for which the two ends would be located near th

LAHORE:Director General Lahore Development Authority (LDA) Ahmad Aziz Tarar visited six illegal housing schemes as well as approved schemes to see scheme plans and water pumping on Monday. DG LDA made this visit to take action against the violations of scheme plans and preparing suggestions for resolving the issues besides making recommendations to take action against illegal pumping by private schemes and individuals as well. DG LDA visited the private schemes on the direction of Lahore High Court and Judicial Water Commission. He reviewed the status of implementation of approved scheme plans and planning standards in the schemes located on Ferozepur Road. He also inspected the width of roads, plots reserved for parks, public buildings and other buildings. He reviewed the situation of recovery of eco-charges and water pumping in these schemes and checked the relevant records. The Director General directed the concerned staff to identify illegal installation of water pumps. The rules f

 

 

LAHORE: The district administration in a joint operation with the Anti-Corruption Establishment (ACE) recovered illegally grabbed land worth billions of rupees, from PML-N leader Saiful-Malook Khokhar, ARY News reported on Sunday. Lahore district administration in the final phase of the operation recovered 80 kanal land worth billions of rupees, from the illegal possession of Saiful-Malook Khokhar. The recovered land has been declared ‘Nazool Land’ and will be used in the public interest projects, an anti-corruption official said. The Anti-corruption establishment Punjab had registered a case against Khokhar, a former MPA, on the request of Lahore’s deputy commissioner, officials said. An Anti-Corruption Court on Saturday granted interim bail to Saiful-Malook Khokhar and Raja Arshad till December 10. Anti-Corruption Establishment (ACE), Punjab has booked PML-N leader and Ex- MPA from Lahore over charges of corruption and tax evasion. The court has also summoned the case record from the

LAHORE: In order to ensure better administrative facilities to citizens, the Punjab government has decided to divide Lahore into two districts, ARY News reported on Saturday, citing sources. The district administration have submitted to the commissioner Lahore a new administrative structure wherein Lahore is likely to be divided into two districts, sources told ARY News. The new administrative structure was finalised by senior Punjab bureaucrats who had been working on it for the past one year. Sources said the new structure would be presented to Punjab Chief Minister Usman Buzdar soon, while final approval to divide the provincial capital into two districts would be given by Prime Minister Imran Khan. Lahore is the capital of the Punjab province and is the country’s 2nd largest city after Karachi with a population of over 11 million. It is the 18th largest city proper in the world. Being the regional urban centre of commercial, financial, industrial and socio-cultural significance, th

  LAHORE: Punjab Chief Minister Usman Buzdar on Saturday approved various mega projects for Lahore city worth billions of rupees, ARY News reported. As per details, the Punjab chief minister announced several development projects for Lahore city to be completed in the next several years. The megaprojects approved for Lahore include an overhead bridge near Lahore Railway Station, construction of an underpass at Wehdat Raod worth Rs1.5 billion. CM Buzdar also announced the construction of a flyover at  Shahkam Chowk. It may be noted that several plans for provincial capital are under consideration as Pakistan Tehreek-e-Insaf’s local leadership last week had recommended the Punjab government to divide Lahore into four districts instead of two. The Central Punjab leadership had recommended splitting Lahore into four districts and suggested to appoint deputy commissioners in these new districts. PTI Central Punjab President Ijaz Chaudhry tabled the proposal before the prime minister and chi

 

 

Lahore Development Authority (LDA) Estate Management Directorate-I staff on Wednesday retrieved 25 plots worth millions of rupees in  Johar Town .  According to LDA spokesperson, the Authority retrieved one canal plot no 278 in block N, retrieved a 12 marla plot number 217, as many as 22 five marla plots in block C, and plot number 383 in block P in  Johar Town .  LDA demolished two illegally constructed gates in block P in  Johar Town .

 

LAHORE:It is vision of the PTI government to introduce investor-friendly policy in the country. Role of real estate in boosting trade activities is essential. Around 30 departments have been attached with this business. These were the views of the participants in a seminar held here on “Pakistan’s trade activities and role of real estate” organised by Mir Khalil-ur-Rahman Memorial Society (MKRMS), Jang Group of Newspapers in collaboration with 6th Sense Group and Century Venture I. Punjab Governor Chaudhry Sarwar, Adviser to CM on Information Dr Firdous Ashiq Awan, Century Venture-1 Director Waseem Mazhar, 6th Sense Director Nadia Hashwani, Nazia Waseem and Tariq Javed and Toushiba spoke on the occasion. The governor said that the privileged package in the housing sector by Prime Minister Imran Khan has positive impact on the industry. It is good to know that women have joined this profession. Women are being provided equal opportunities so that they could compete with the men in the f

LAHORE: Property developers and land mafias have become active in the provincial capital to acquire maximum land in the area falling under Ravi Riverfront Urban Development (RRUD) project. Speaking to The Express Tribune, various citizens highlighted that huge real estate trading activity is being witnessed in areas fall under phase-1 of the project site. Investors are making all-out efforts to get maximum land before the government kick start land acquisition for development of the new city. A resident of Karol Ghatti, Faiz Ahmad, pointed out that investors have deployed their agents in the area to acquire all sort of lands, including agriculture, residential and commercial. Right now, officials of different government agencies conducting surveys to document on-ground land situation while representatives of different real estate groups are trying to buy the land before the government goes for acquisition. He indicated that it was the fifth attempt of the government to initiate develop