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Roosevelt Hotel Leasing Plan Canceled: What You Need to Know

ISLAMABAD: Exciting developments are underway regarding the iconic Roosevelt Hotel in New York. Recently, Pakistan’s Cabinet Committee on Privatization (CCOP) took a decisive step by reversing a seven-month-old decision that left its future in limbo. This change aims to put the hotel’s sale back on the right track, reflecting a much-needed commitment to transparent governance. […]

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IFC Invests $3.2M to Boost Low-Cost Housing in Pakistan

KARACHI: Exciting news for low-income families in Pakistan! The World Bank is set to provide a substantial credit line of $500 million for affordable housing. This initiative will significantly support Prime Minister Imran Khan’s ambitious plan to build five million homes aimed at low-income households. In addition, the International Finance Corporation (IFC), a part of […]

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Boosting Pakistan’s Economy: The Potential of Real Estate Sector

The Untapped Potential of Pakistan’s Real Estate Sector In the bustling city of Karachi, the conversation around Pakistan’s real estate sector is heating up, and stakeholders are optimistic. With the right government support, they believe this industry could play a significant role in boosting the economy and attracting foreign direct investment. Did you know that […]

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CDA Secures Rs5.55 Billion on Second Day of Auction Success

ISLAMABAD: Exciting news emerged from the new Blue Area commercial district on Thursday, where four valuable plots were successfully auctioned for a whopping Rs5.54 billion. This marks a significant step in the ongoing development of the city, attracting keen interest from investors. On the second day of the three-day auction hosted at the Jinnah Convention […]

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DHA and Firms Sign MoUs for Bahawalpur Housing Project Development

Exciting Developments at DHA Bahawalpur: A Bright Future Ahead! Hey there! If you’re anywhere near Bahawalpur or interested in the exciting developments in real estate and community living, you’re in for a treat. Recently, the Defence Housing Authority (DHA) made headlines by signing MoUs with three renowned business groups at the food park area. These […]

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Key Departments in the Real Estate Business: A Comprehensive Overview

Islamabad’s Struggle with Housing Schemes: A Call for Accountability In a significant development for Islamabad, representatives from the city’s top civic authority and the district magistrate have been summoned to the court to address concerns regarding government departments’ involvement in housing societies. This unprecedented move highlights ongoing issues in urban planning and real estate management […]

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Unrealistic Guidelines: How Businesses Can Avoid FATF Grey List Risks

Understanding Pakistan’s New Regulations for Real Estate, Jewelry, and Accounting Sectors On Tuesday, Pakistan introduced stringent new regulations aimed at enhancing oversight of certain sectors, including real estate, jewelry, and accounting. This move is part of the country’s commitment to meet the Financial Action Task Force (FATF) requirements, which monitor efforts to combat money laundering […]

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Housing financeL Govt to provide markup subsidy

The State Bank of Pakistan (SBP) has announced the government of Pakistan’s markup subsidy for affordable housing finance. In a statement, the central bank said the government would provide a markup subsidy facility for the construction and purchase of new houses. This facility will allow all individuals, who will be constructing or buying a new […]

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BTK residents hold peaceful protest against ‘blatant terrorism’

KARACHI: The residents, builders and property dealers of Bahria Town Karachi (BTK) on Monday held a peaceful demonstration against the attack by miscreants on Sunday, which caused losses worth billions of rupees on the grand housing scheme, calling it an “act of terror”. Bahria Town Dealers Association Chairperson Raheel Haroon, while talking to the media, […]

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MIDCITY revolutionises urban living in Pakistan

  Human beings have craved connection for centuries, and now more than ever before. As a result, communal living and micro-communities have risen in popularity. In the real estate sector, communities are actively designed to foster happiness in people and to offer people a sense of belonging. With a similar concept, MIDCITY is revolutionising real […]

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