News

Market updates and announcements from Milkiyat.

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  Naya Nazimabad Apartment REIT Starts Trading on PSX at Rs23 Per Unit

  Naya Nazimabad Apartment REIT has begun trading on the Pakistan Stock Exchange at Rs23 per unit after strong demand during its book-building process.

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  CDA Cancels Bahria Town Phase III-E & IV Layout Plan in Islamabad

  CDA has cancelled Bahria Town Phase III-E & IV’s layout plan in Islamabad, citing unfulfilled NOC conditions and alleged development and planning violations.

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  Sindh Orders Faster Construction of Karachi Yellow Line BRT and Jam Sadiq Bridge

  Sindh has directed authorities to accelerate the Karachi Yellow Line BRT depot and Jam Sadiq Bridge, with daily monitoring ordered to address ongoing delays.

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  CDA Delays Decisions on Two Islamabad Mega Project Bids

  CDA continues to review Islamabad’s Rs8.9bn stadium bid, while the proposed new convention centre has been put on hold over cost and timeline concerns.

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  AJK Accelerates Land Record Digitisation to Improve Property Ownership Transparency

  AJK is accelerating land record digitisation to improve property ownership transparency, reduce manual paperwork and make land verification easier.

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  ADB Urges Pakistan to Link Future Financing to Sustainable Infrastructure Pipeline

  ADB recommends linking Pakistan’s Sustainable Financing Framework with the PSDP to expand funding options for water, electricity and climate-resilient infrastructure.

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  Punjab Brings Home-Based Tuition Centres and Academies Into Property Tax Net

  Punjab has brought home-based tuition centres and academies under its regulatory framework, potentially affecting property tax and utility classifications.

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  CDA Recovers 16 Kanals in E-12 as Development Work Resumes

  CDA has recovered approximately 16 kanals of occupied land in Sector E-12, Islamabad, allowing development work to resume at the affected site.

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  Punjab's Apni Chhat Apna Ghar Housing Programme Wins 2026 UN-Habitat Award

  Punjab’s Apni Chhat Apna Ghar Programme has been selected for the 2026 UN-Habitat Scroll of Honour Award, recognizing its affordable housing efforts.

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  LESCO Moves to Procure 297,000 Smart Electricity Meters in Rs5bn Rollout

  LESCO plans to procure around 297,000 AMI smart meters in a Rs5 billion rollout aimed mainly at new electricity connections across its network.

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  Chashma-5 Nuclear Project Moves Another Step Toward Operation

  Pakistan and the IAEA have signed a safeguards agreement for the 1,200 MW Chashma-5 nuclear project, marking another step toward future operation.

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  Rawalpindi Rain Exposes Drainage Problems as Flooding Disrupts Roads and Land Registration

  Heavy rain flooded major Rawalpindi roads and disrupted land registration at the Tehsil office, highlighting recurring drainage and property risks.