Market updates and announcements from Milkiyat.
CDA’s plan to introduce pre-approved house designs remains stalled nearly three years after its approval. Islamabad homeowners must still follow the authority’s standard building plan approval process.
Moody’s has upgraded Pakistan’s sovereign credit rating from Caa1 to B3, citing stronger foreign exchange reserves, easing external risks and improving debt affordability. The decision is a supportive signal for property investment and development financing, although Pakistan’s rating remains highly speculative.
Pakistan’s proposed Keti Bandar Port has moved forward with a preliminary $522.34 million Phase I plan. The project could create long-term demand for industrial land, warehouses and worker housing, but financing, infrastructure commitments and a construction timeline have not yet been confirmed.
CDA has opened technical bids for the Rs1.4 billion Kashmir Chowk underpass, bringing potential traffic improvements, construction disruption and property-market implications for Murree Road and nearby areas.
Heavy rainfall has raised Nullah Leh to warning levels once again, reinforcing the recurring flood and property risks facing low-lying neighbourhoods across Islamabad and Rawalpindi.
The Gilgit–Taobat road could unlock new tourism and hospitality opportunities across Minimarg, Gurez and Neelum Valley. However, difficult terrain, border-area restrictions and a long development timeline mean investors must approach the corridor cautiously.
Punjab has proposed check dams, rainwater storage tanks and drainage improvements to reduce flooding in Rawalpindi. Surveys will identify solutions for Safdarabad, Pirwadhai, Dhok Khabba and Sadiqabad.
Restrictions on issuing key land record documents in Rawalpindi are creating delays for homeowners, businesses and property buyers seeking bank financing against plots and houses.
Khyber Pakhtunkhwa has launched a Rs5.602 billion road infrastructure programme across Galiyat, covering more than 63 kilometres including the Nathiagali–Barian and Kozagali–Ayubia–Khanspur routes. Better access could strengthen tourism activity and support demand for hotels, holiday homes and roadside property.
Karachi is targeting September 15 to make University Road fully motorable as work continues on the Red Line BRT corridor. Reduced construction disruption and improved transit access could support commercial activity, rental demand and property interest near confirmed station locations.
Construction has begun on Rs860 million worth of infrastructure works in Karachi’s Federal B Industrial Area as part of a wider Rs9.5 billion Sindh government programme. Better roads, drainage and utilities could strengthen the area’s appeal for industrial tenants, buyers and exporters.
ECNEC has approved 16 development projects worth around Rs1.15 trillion, including the proposed Lahore–Bahawalnagar Motorway. The package could create long-term property opportunities around future motorway interchanges while the sharp Tarbela cost revision highlights continued pressure on construction budgets.
Showing 421–432 of 572 articles