News

Market updates and announcements from Milkiyat.

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  FBR Misses August Tax Target by Rs29 Billion: What It Means for Pakistan's Property Market

  FBR missed its August tax target by Rs29 billion. Here’s what the shortfall means for Pakistan’s property market, investors and real estate activity.

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  Rs700m Infrastructure Upgrade Begins in Karachi's SITE-Superhighway Industrial Area

  Karachi has launched a Rs700 million infrastructure upgrade in the SITE-Superhighway Industrial Area under a wider Sindh government development programme. The projects are scheduled for completion by 15 December 2026 and are expected to improve industrial infrastructure, logistics and business activity.

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  Islamabad Property Tax Bills for 2026-27 Coming Within 10 Days as MCI Extends 5% Rebate

  MCI will issue Islamabad property tax bills for the 2026-27 financial year within 10 working days after upgrading its billing system. The authority has also retained the 5% early payment rebate, with the eligibility period now calculated from each bill’s actual issuance date.

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  Sariab-Kuchlak Railway Project Completed, Boosting Quetta Corridor Connectivity

  The Rs3 billion Sariab-Kuchlak Railway Project has been completed, covering 32 kilometres of track rehabilitation, embankment strengthening and upgrades at Sariab and Kuchlak stations. The project is expected to improve railway reliability and connectivity along an important Quetta trade and logistics corridor.

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  CDA Orders Early Completion of Development in C-14, I-12 and E-12: What It Means for Islamabad Property Investors

  CDA has directed the early completion of development work in C-14, I-12 and E-12, a move that could improve infrastructure, connectivity and investor confidence.

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  CDA Moves Shahdara Dam Forward: What 10 MGD New Water Supply Could Mean for Islamabad Property

  CDA expects the Shahdara Dam PC-I to be completed in September 2026, moving the project closer to approval and tendering. The proposed dam could add up to 10 million gallons of water per day to Islamabad’s supply and may support long-term housing and infrastructure development.

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  E-11 Receives Around 150mm of Rain Within Minutes as Roads and Sealed Basements Flood

  Islamabad’s E-11 received around 150mm of intense rainfall on September 1, 2026, causing nullah overflow, road flooding and water intrusion into sealed basements. The incident has renewed concerns over drainage, basement safety and flood exposure in one of Islamabad’s established property markets.

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  MCI to Issue Islamabad's 2026–27 Property Tax Bills Within 10 Days: What Changes for Owners

  MCI will issue Islamabad’s 2026–27 property tax bills within 10 working days, with a revised early-payment rebate that property owners need to understand.

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  Punjab's Housing Society Digitisation Deadline Arrives Today: What Changes for Buyers and Sellers

  Punjab’s August 31 deadline requires private housing societies to migrate property transaction records into HSMS, introducing digital Property Certificates linked with NADRA, mapping data and e-Registry systems.

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  KDA Reclaims Land From Illegal Structures in Surjani Town: A Pattern Worth Reading Carefully

  Karachi Development Authority has launched another anti-encroachment drive in Surjani Town, demolishing illegal structures and booking offices in Sectors 13/3 and 10/7 while reclaiming authority-owned land.

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  LDA Seals 81 Lahore Properties Over Illegal Commercial Use and Unpaid Fees

  The Lahore Development Authority has sealed 81 properties across multiple areas of Lahore over unauthorized commercial use and unpaid commercialisation fees, continuing a broader citywide enforcement drive.

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  CDWP Clears Rs60 Billion Development Package, Anchored by a Mirani Dam to Gwadar Water Pipeline

  CDWP has cleared five development projects worth Rs60.26 billion, led by a 125km Mirani Dam–Gwadar water pipeline and a revised Rs19.55 billion Karachi neighbourhood improvement project.