News

Market updates and announcements from Milkiyat.

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  CDA Proposes 2.83km Margalla Hills Tourism Project

  CDA proposes a 2.83km zip line between Daman-e-Koh and the former Monal site as part of a broader Margalla Hills tourism and recreation project.

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  Rawalpindi Plans Rehabilitation of 13 Inner-City Roads Under Rs2.86bn Development Budget

  Rawalpindi plans rehabilitation, carpeting and widening of 13 inner-city roads under a Rs2.86bn development budget to improve urban connectivity.

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  Karachi IT Park Takes Shape Near Airport, Targets 15,000 Jobs and $100m ICT Exports

  Karachi IT Park near Jinnah Airport targets 15,000 jobs and $100m in ICT exports, with offices, incubation, co-working and data centre facilities.

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  Punjab Plans 93 Infrastructure Projects in Riverine Areas

  Punjab plans 93 development projects in riverine areas, including smart police stations, checkpoints and a Rs620 million steel bridge.

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  CDA Orders Islamabad Villas Housing Scheme Sealed Over Missing LOP and NOC

  CDA has ordered Islamabad Villas near Park Enclave and Bani Gala sealed over missing LOP and NOC approvals, while also restricting advertising and utility connections.

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  CDA Drafts New Regulations for Redevelopment and Relocation of Islamabad Katchi Abadis

  CDA’s urban regeneration regulations set out a framework for upgrading, redeveloping and relocating recognised katchi abadis across Islamabad.

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  LDA Restarts Improvement Work on Nine Canal Road Underpasses

  LDA has restarted improvement work on nine Canal Road underpasses from Thokar Niaz Baig to Mall Road, covering asphalt, repairs, signage and restoration.

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  ADB Sees Pakistan Construction Gaining From Property Tax Cuts and Housing Subsidies Despite Inflation Risks

  ADB says Pakistan’s construction sector could benefit from lower property transaction taxes and higher housing subsidies, despite continued inflation and input-cost pressures.

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  Punjab Introduces New Cleaning Fee for Houses Alongside Property Tax

  Punjab will begin collecting Suthra Punjab cleaning fees from houses and commercial properties alongside property tax, with charges based on property size.

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  CDA Foils Fresh Encroachment Attempt on National Park Land in Bhara Kahu

  CDA has removed a fresh encroachment from National Park land in Bhara Kahu and suspended two officials over alleged involvement or negligence.

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  CDA Orders Sealing of Kashmir Gardens Offices Over Approval Violations

  CDA has ordered the sealing of Kashmir Gardens offices in Islamabad over approval violations, as the scheme still lacks a final NOC more than a decade after provisional approval.

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  LDA Accelerates 15km Ferozepur Road Regeneration Project

  LDA has ordered faster regeneration of a 15km stretch of Ferozepur Road in Lahore, covering building facades, footpaths and parking areas.