News

Market updates and announcements from Milkiyat.

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  Rs242bn K-IV Karachi Water Project Faces Fresh Probe Over Delays

  K-IV Karachi, K-IV Water Project, Karachi Water Project, K-IV Project 2026, Karachi Water Supply, Karachi Water Shortage, K-IV Project Delay, K-IV Project Cost, Rs242 Billion K-IV Project, WAPDA Karachi, Greater Karachi Bulk Water Supply Project, Karachi Water Infrastructure, Karachi Infrastructure Projects, Karachi Development, Karachi Real Estate, Karachi Property Market, Karachi Housing Development, KWSC, Karachi Water and Sewerage Corporation, Pakistan Water Projects, Water Infrastructure Pakistan, National Assembly K-IV Probe, K-IV Parliamentary Probe, K-IV Latest Update, Karachi Water Crisis, WAPDA K-IV Project, Sindh Water Projects, Karachi Property Investment, Water Supply Projects Pakistan, Pakistan Real Estate News

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  PM Sets March 2027 Deadline for Jinnah Medical Complex First Phase in Islamabad's G-11

  Prime Minister Shehbaz Sharif has directed authorities to complete the first phase of Jinnah Medical Complex and Research Centre by March 2027, with the G-11 Polyclinic extension set to serve as the project’s first operational phase.

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  ADB Plans Additional $200m for Pakistan's FBR Reforms, What It Means for Property Tax Compliance

  The Asian Development Bank plans an additional $200 million to support Pakistan’s FBR transformation through digital systems, AI-based compliance tools, advanced analytics and stronger tax administration.

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  Pakistan Raises Record $3bn Eurobond, What It Means for Property and Construction Costs

  Pakistan has raised $3 billion through a dual-tranche Eurobond, its largest-ever single international capital market transaction, with the deal potentially supporting rupee stability, investor confidence and more predictable construction costs

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  Bank Makramah Completes Rs12 Billion Sale of Cullinan Tower in Karachi

  Bank Makramah has completed the Rs12 billion sale of Cullinan Tower, formerly Summit Tower, in Clifton Karachi, confirming receipt of the full payment from Sumya Builders and Developers.

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  Dadhocha Dam Water Supply Moves Forward as Rawalpindi Plans New Distribution and Metering Network

  Rawalpindi authorities are planning a modern water metering and distribution network for Dadhocha Dam, which is expected to add 35 million gallons of water per day and help address the city’s existing supply shortfall

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  12 Illegal Housing Societies Demolished in Punjab as Authorities Intensify Crackdown

  Authorities demolish 12 illegal housing societies in Pakpattan after developers failed to secure mandatory layout plan approvals, with cases registered against four owners.

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  CDA Plans Mega Commercial Area Along Margalla Enclave Link Road in Islamabad's Zone III

  CDA is planning a major commercial area along both sides of the 3.8-km Park Road–Margalla Enclave link road in Islamabad’s Zone III, potentially reshaping commercial property prospects around the project.

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  CDA Told to Allot PIDE Land or Refund Rs4 Billion After Six Year Delay

  Federal Minister Ahsan Iqbal has directed CDA to either immediately allot the required land to PIDE or refund approximately Rs4 billion after the institute waited six years despite completing payments by 2020.

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  Property Enforcement Expands in KP After Flood Damage: Badri Nullah Demolitions in Topi

  Authorities in Topi, Swabi have launched demolitions against illegal buildings and structures along the Badri Nullah. Officials say the encroachments were blocking the natural water channel and contributing to flooding, with the enforcement operation expected to continue.

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  Peshawar Declares 27 Housing Schemes Illegal, Warns Property Buyers

  Authorities in Peshawar have declared 27 housing and plotting schemes in Shah Alam tehsil illegal, warning citizens against bookings, investments, and land transactions. Buyers and existing file holders are advised to verify NOC status directly with the relevant authorities before making any property-related decision.

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  Karachi Completes Rs360m Jahangir Road Rehabilitation From Gurumandir to Teen Hatti

  Karachi has completed the Rs360 million rehabilitation of Jahangir Road from Gurumandir to Teen Hatti. The 1.4-kilometre project includes road widening, drainage improvements, footpaths, lane markings and new street lighting.