News

Market updates and announcements from Milkiyat.

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  CDA Land Transfer Delay Puts $6.79m Islamabad National Museum Grant at Risk

  Pakistan could lose a $6.79 million Korean Grant-in-Aid for the proposed National Museum of Pakistan at Shakarparian as the CDA land transfer remains unresolved, prompting a Senate committee to demand urgent action.

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  Pressure Builds for Policy Rate Cut Ahead of September 14 SBP Meeting

  Pressure is building on the State Bank of Pakistan to reduce its 11.5% policy rate ahead of the September 14 Monetary Policy Committee meeting, with the Faisalabad Chamber of Commerce and Industry calling for lower borrowing and production costs.

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  CDA Orders 25-Day Crackdown on Illegal Structures and Encroachments Across Islamabad

  The Capital Development Authority has ordered a 25-day operation to remove illegal constructions and unauthorised occupants from water supply installations across Islamabad, with enforcement teams, police and relevant agencies directed to take action

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  Pakistan Real Estate Tax Collection Falls 29% to Rs28 Billion After Budget Relief

  Pakistan’s real estate income tax collection declined 29% to Rs28 billion during July and August 2026. However, property transactions increased sharply, suggesting the fall was driven mainly by lower advance tax rates rather than weaker real estate activity.

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  Government Orders Investment Mechanism for Overseas Pakistanis to Fund Major Infrastructure

  The government has directed authorities to develop a structured investment mechanism allowing overseas Pakistanis to invest in major national infrastructure projects. The proposed model could provide transparent, professionally managed investment opportunities with defined returns and safeguards.

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  Punjab Plans 150,900 Smart Water Meters for Lahore, Rawalpindi and Faisalabad

  Punjab plans to install 150,900 smart water meters in Lahore, Rawalpindi and Faisalabad by 2029. The automated system will reduce manual meter readings and is expected to make water consumption billing more transparent.

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  SECP Proposes Major Easing of REIT Rules to Attract More Capital Into Pakistan's Real Estate Sector

  SECP has proposed major amendments to Pakistan’s REIT Regulations to attract more capital into the real estate sector. The changes include lowering the minimum real estate income and asset threshold from 75% to 65%, allowing certain REITs to invest in vacant land and expanding investment flexibility.

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  Sindh Plans New Karachi Logistics Park as SMTA Seeks Cabinet Approval

  Sindh is moving forward with plans for a new Karachi Logistics Park aimed at reducing heavy vehicle congestion and organising freight activity. The SMTA proposal is undergoing technical and administrative procedures before being submitted to the Sindh Cabinet for approval.

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  Islamabad Green Paradise Faces Sealing and Demolition Action for a Second Time

  CDA has ordered the sealing of Islamabad Green Paradise’s marketing and site offices in Koral, Zone IV(D), for a second time in 2026. The authority says the scheme lacks an approved Layout Plan and NOC and has also sought action against unauthorised structures.

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  CDA Orders Rawal Enclave Offices Sealed Over Unapproved Development

  CDA has ordered the sealing of Rawal Enclave’s site and management offices in Islamabad’s Zone IV(D) over development without an approved Layout Plan and mandatory NOC. The scheme had previously received notices from the authority, making the latest action part of a longer enforcement process.

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  Karachi-Rohri ML-1 Upgrade Moves Further Toward Procurement

  Pakistan Railways and ADB have completed a second pre-market consultation for the Karachi-Rohri section of ML-1, while Pakistan is seeking around $2.5 billion in consortium financing to move the project toward procurement and construction

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  Rs2.1tn Water Programme Targets Flood Protection and 12.8 MAF Additional Storage

  Pakistan has allocated Rs74.92 billion for 35 water-sector projects under PSDP 2026-27, part of a broader Rs2.102 trillion programme targeting dams, irrigation, flood protection, urban water supply and an additional 12.8 MAF of water storage.