Daily Insights

 
 
 

Launching a Digital Transformation in the Real Estate Sector of Pakistan

Love5 Share Tweet Share Pin [nectar_animated_title heading_tag="h1" style="color-strip-reveal" color="Accent-Color" text="Pakistan's 1st Real Estate Think Tank"] Introduction In the era of the fourth industrial revolution, no sector of the economy is safe from a digital transformation. The same is true for the real estate sector of Pakistan. With global real estate being valued at more than [...]
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CDA Starts Working on Law for Land Acquisition at Market Rate

To ensure that land acquisition in the capital city is carried out at market rates, CDA has formed a nine-member committee to amend the Capital Development Authority’s Ordinance of 1960. The proposed amendment will ensure that CDA pays appropriate compensation to individuals whose land had been acquired but not compensated based on the market rate [...]
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SC Stays Lahore High Court Order Against Ravi Riverfront Project

Recently, the Supreme Court suspended the Jan 25 Lahore High Court (LHC) order, which declared several provisions of the Ravi Urban Development Authority (RUDA) Act illegal. This ruling forced allied agencies from undertaking any work on the ground beyond the acquired land, possession taken, and compensation paid. The Environmental Protection Agency (EPA) and other agencies [...]
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Islamabad Administration to Approve Non-Motorised Transportation Plan

To promote non-motorised transport in the capital city, the Islamabad Master Plan Commission and Capital Development Authority (CDA) have approved a smart traffic management plan. The traffic management plan includes non-motorized vehicles like bicycles and pedestrians. Under the plan, the walkways will be completed, crossings along the highways will be marked, and the elimination of [...]
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Government Aims to Make Small Airports Operational

The government plans to diversify and expand its air travel by making small airports functional in different country areas. Several small airports remain dormant because of the non-availability of commercial flights. In a recent cabinet meeting, it was announced that work would start soon on airports on commercially viable air routes. The air transport industry [...]
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Lahore High Court Declared Ravi Riverfront Urban Project Illegal

The Lahore High Court (LHC) has declared the Ravi Riverfront Urban Development Project illegal based on several observations regarding the administrative authority’s structure, how land is being procured, compensation model for existing landowners, and clauses in the Ravi Urban Development Authority’s (RUDA) mandate. The project aims to establish a world-class city on the banks of [...]
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Pakistan to Help Saudi Arabia plant 10 Billion Trees

In that which can be termed a glaring success for Pakistan’s Green Diplomacy, the recent signing of a memorandum of understanding (MoU) between Pakistan and Saudi Arabia highlights Pakistan’s efforts against the effects of climate change. Under the new agreement, Pakistan will help Saudi Arabia plant 10 billion trees across the Kingdom. Pakistan’s Billion Tree [...]
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Karachi Circular Railway Worth Rs 220 Billion Approved

The Karachi Circular Railway (KCR) is set to become a public-private partnership under a decision taken by the Public-Private Partnership Authority (P3A). The private sector will finance, develop, and operationalise the project on commercial lines, with the government sharing 40% of the cost at Rs 80-90 billion, whereas the total project cost is estimated to [...]
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The Hidden Costs of Buying a House

Love3 Share Tweet Share Pin [nectar_animated_title heading_tag="h1" style="color-strip-reveal" color="Accent-Color" text="Pakistan's 1st Real Estate Think Tank"] Introduction Buying a house is one of the most important financial decisions people make during their lifetime. Most people dream of building or buying their own house. However, there are numerous costs associated with the process. Several hidden costs can [...]
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Turkey Set to Initiate 50 Development Projects in Pakistan

The state-run Turkish Cooperation and Coordination Agency (TIKA) plans to start 50 new health, education, and agriculture projects in Pakistan. The announcement was made on the 30th anniversary of TIKA. Currently, TIKA is working on more than 30,000 projects in 150 countries and aims to share its expertise with countries from the Balkans to Africa, [...]
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IMARAT Institute of Policy Studies

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