News

Market updates and announcements from Milkiyat.

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  CDA Moves to Rename Senate Employees Housing Society, Existing Plot Rights to Remain Protected

  CDA has initiated the renaming of Senate Employees Housing Society in Islamabad's Zone 5 as Federal Residents Cooperative Housing Society. Existing allotments, possession and ownership rights will remain protected, while the public has been given 15 days to submit objections or claims.

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  CCP Holds Real Estate Hearing Today, as Eighteen Housing Project Faces Location Claims Probe

  The Competition Commission of Pakistan is examining misleading advertising and deceptive marketing practices in the real estate sector, while Eighteen Housing Project faces a separate inquiry over claims concerning its Islamabad location. The proceedings could influence future disclosure and advertising standards for housing schemes across Pakistan

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  WASA Prepares Rs1.3 Billion Nishtar to Hadiara Sewerage and Drainage Upgrade

  WASA Lahore has prepared a Rs1.3 billion sewerage and drainage upgrade between Nishtar and Hadiara. The proposal includes a new four-kilometre force main and conversion of the existing Ferozepur Road sewer into a dedicated stormwater drain to improve drainage capacity and monsoon resilience.

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  FGEHA Green Enclave and Sky Garden Delays Reviewed by Senate, CDA Given 3-Month Access Road Deadline

  The Senate Housing Committee has reviewed long-running delays in FGEHA’s Green Enclave and Sky Garden projects while directing CDA to complete the PHA-F Officers Residencia access road within three months.

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  Power Division Targets Costly Coal Procurement, What It Means for Electricity Costs and Property

  Pakistan’s Power Division has issued new guidelines to address inefficient imported coal procurement after major pricing gaps emerged between power plants. The reforms could save around Rs380 million annually while improving transparency and potentially helping stabilise electricity-related costs.

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  CDA Approves Record Rs152bn Budget for FY2026-27, With Rs112bn for Development

  CDA has approved its highest-ever budget of Rs152 billion for FY2026-27, including Rs112 billion for development projects covering sectors, infrastructure, sewerage and Metro Bus facilities.

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  Pakistan Begins Study for $500m Strategic Petroleum Reserves

  Pakistan has launched a feasibility study for a reported $500m strategic petroleum reserve programme to strengthen fuel security and storage capacity.

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  Housing Finance Under PM's Apna Ghar Programme Nearly Doubles to Rs279bn

  Approved financing under the Apna Ghar Programme has reached Rs279bn, although a substantial gap remains between loan approvals and disbursements.

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  CDA Approves 23 Commercial Building Plans, Introduces New Accountability Rules for Owners and Architects

  CDA has approved 23 commercial building plans while introducing stricter accountability rules for project owners, architects and consultants.

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  CDA Freezes All Sales at Bani Gala Housing Scheme, Gives Seven Days

  CDA has issued a final show-cause notice to Yar Muhammad Scheme in Bani Gala, freezing all plot sales, transfers and marketing over a missing layout plan and NOC. Developers have seven days , after nine years of recorded warnings. What plot holders should do now.

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  Islamabad Diplomatic Enclave Gets Road, Track and Public Space Upgrades

  Islamabad’s Diplomatic Enclave is receiving road, security, park, cycling and walking-track upgrades, with potential benefits for nearby premium property markets.

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  Sindh's 1,254km ML-2 Rail Network Targeted for Major PPP Upgrade

  A proposed 1,254km ML-2 railway upgrade under a public-private partnership could strengthen freight connectivity across Sindh. However, financing, timelines and construction plans remain unconfirmed until the Railways Ministry and Sindh government finalise their MoU.