News

Market updates and announcements from Milkiyat.

• 

  Rs14bn Dumlottee–DHA Karachi Water Project Formally Launched

  Rs14bn Dumlottee–DHA Karachi water project launches to supply 10 MGD to DHA and Clifton through a new 800mm transmission line.

• 

  G-13 and G-14 Residents Face Conflicting Property Tax Notices From FGEHA and MCI

  Residents of Islamabad’s G-13 and G-14 sectors are receiving property tax notices from both FGEHA and MCI amid an unresolved jurisdictional dispute.

• 

  Small Rawalpindi Homes Hit With Property Tax Bills of Up to Rs300,000

  Small house owners in Rawalpindi are receiving property tax bills of about Rs150,000 to Rs300,000, with some properties reportedly sealed over non-payment. rawalpindi-small-house-tax-bill…

• 

  IMF Asks Pakistan to Find Alternative Revenue if Petroleum Levy Is Reduced

  The IMF says Pakistan must identify alternative revenue sources if it reduces the petroleum levy, keeping fuel-related fiscal pressure closely tied to broader tax policy.

• 

  Rawalpindi Approves More Than Rs6.5bn for Major Road Projects

  Rawalpindi has approved development schemes worth over Rs6.5 billion, with major funding allocated to road construction, widening and rehabilitation projects.

• 

  Pakistan Highlights Housing, Construction and SEZ Incentives to Overseas Investors

  Pakistan is promoting housing, construction and SEZ investment to overseas investors, highlighting tax relief and capital goods exemptions for qualifying projects

• 

  Punjab to Begin Crackdown on Property Tax Defaulters From October 1

  Punjab will launch a property tax recovery drive from October 1, 2026, targeting defaulters after the 5% concession deadline ends on September 30.

• 

  Islamabad Receives New High-Rise Firefighting and Rescue Fleet

  Islamabad is receiving 21 new firefighting and rescue vehicles, including aerial fire trucks and equipment capable of reaching up to 256 feet.

• 

  SECP Proposes Raising Housing Loan Ceiling to Rs5 Million

  SECP proposes raising the housing loan ceiling to Rs5 million and the microfinance borrower income threshold to Rs1.5 million annually.

• 

  FGEHA Approves Outsourcing of Hospital and School Plots in G-13 and G-14 Islamabad

  FGEHA has approved outsourcing four amenity plots in G-13 and G-14 for a hospital, two dispensaries and a school under a DBFOT model.

• 

  Lyari Transformation Project Phase I Targeted for Completion by August 2027

  Sindh targets August 2027 for Phase I of the Lyari Transformation Project, covering water, sewerage, civic facilities and basic infrastructure upgrades.

• 

  Bahria Town Faces Overlapping CDA, RDA and NAB Proceedings

  Bahria Town faces overlapping NAB, CDA and RDA proceedings, including an October 6 auction of commercial assets valued at about Rs5.62 billion.