News

Market updates and announcements from Milkiyat.

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  M-6 Sukkur–Hyderabad Motorway Construction Confirmed for November

  Construction of the long-delayed M-6 Sukkur–Hyderabad Motorway is expected to begin in November 2026. The 306 km, six-lane project will connect major Sindh cities and is estimated to cost around Rs364 billion.

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  Karachi Launches 35 MGD Wastewater Treatment Plant to Boost Water Supply

  Karachi has launched the Haroonabad Treatment Plant-I, designed to supply 35 million gallons per day of treated wastewater to industries and reduce pressure on the city’s freshwater supply.

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  LHC Rejects Property Tax Exemption Pleas, Imposes Rs1 Million Fine

  The Lahore High Court has dismissed two property tax exemption petitions filed by a private medical college and hospital and imposed a Rs1 million fine over delayed payment.

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  Petrol Nears Rs400 as Pakistan Announces Another Fuel Price Hike

  Pakistan has announced another fuel price hike, pushing petrol to Rs392.76 per litre and high-speed diesel to Rs399.64, with both fuels now close to or at the Rs400 mark.

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  $895m in Foreign-Funded Sindh Projects Approved, Including Property-Revenue and Urban Infrastructure Reforms

  Seven foreign-funded Sindh projects worth $895 million have been approved, including property revenue reforms, urban infrastructure, irrigation and Karachi water supply improvements.

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  SBCA Threatens to Halt Karachi Building Construction Over Safety Violations

  SBCA has issued a three-day compliance warning to a Karachi construction project over falling debris and safety violations, with a possible halt in construction.

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  Islamabad Bought a Highway Strip in 1967. Now It Wants to Sell It for Billions.

  CDA plans a commercial area on 3,550 kanals along GT Road and says it could raise over Rs500bn. Our check of the officials' own maths points to nearly Rs975bn. Here is what buyers and tenants on the corridor need to know.

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  Punjab’s 120,000 EV Plan Could Reshape Urban Mobility

  Punjab’s planned rollout of 120,000 electric two and three wheelers could transform urban mobility while influencing infrastructure, connectivity and the future development of residential and commercial areas.

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  LDA Launches Digital Enforcement System in Lahore

  The Lahore Development Authority has introduced a digital enforcement system to monitor illegal construction, unauthorised commercial use and other property violations across Lahore.

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  Pakistani Investors Turn to Karachi Luxury Property as Dubai Investment Sentiment Changes

  Pakistani investors are increasingly looking toward Karachi’s luxury property market as changing conditions in Dubai prompt some investors to reassess their overseas real estate portfolios.

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  Rawalpindi Ring Road Completed, Opening Awaits Toll Plazas and Final Works

  The main Rawalpindi Ring Road is physically complete, but it will remain closed until toll plazas and other allied works are finished.

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  Karachi Port Disruption Hits Northbound Goods Transport

  Goods carriers have reduced journeys from Karachi to northern Pakistan, leaving containers piling up at the port and increasing daily demurrage costs.