Tag: Housing

KARACHI - House Building Finance Corporation Limited (HBFCL), the country's leading housing finance institution has signed a Memorandum of Understanding (MoU) with the Malir Development Authority (MDA) for providing housing finance to MDA customers of the Affordable Housing Project.
The MoU signing ceremony took place at the Governor House attended by the Governor of Sindh Dr Ishrat Ul Ebad Khan and Government of Sindh Minister Local Government Department Agha Siraj Khan Durrani,

ISLAMABAD - Over 900 Pakistani expatriates have been running from pillar to post for the past 13 years seeking recovery of millions of rupees they paid for plots in a housing scheme duly approved by the Capital Development Authority (CDA), but to no avail. A housing scheme, Jeddah Town, was launched in 1991 by the Gilani Housing Corporation International (Private) Limited, which initially offered 231 plots for sale over an area of 293 kanals.
The CDA approved the layout plan of

LAHORE - The families of the drag race tragedy victims have absolved the Bahria Town management, of all the blames. The tragedy took place on 5 December 2010 in Phase VIII of Bahria Town, when one of the driver lost control over his car and it rammed into spectators. Five people died in the accident.
The case registered by the police had nominated Bahria Town management as co-accused. The families representing the deceased and the injured; Lt. Col (R) Javed Iqbal and Mrs. Kausar

LAHORE - Defense minister has decided to establish housing authorities in Gujranwala, Multan, Haiderabad and Pannu Aaqal to meet growing housing needs on the pattern of defence housing authorities in Lahore, Islamabad and Karachi.
Sources said initial work had been initiated with deployment of officials in four localities. A senior official in DHA Lahore told Pakistan Today that the administrators had been assigned the tasks to gear up development works there.

PAKPATTAN - The district government and the Pakpattan TMA authorities have failed to take action against dozens of illegal housing schemes established in the revenue limits of the tehsil.
A majority of the scheme owners sold the plots of mosques, parks, schools and graveyards, and disappeared leaving the development schemes incomplete. The Pakpattan DCO banned the registration of these housing schemes but the organisers of these schemes managed the registration of the plots by

LAHORE - Lahore High Court (LHC) Justice Sheikh Azmat Saeed on Friday stayed conversion of a recreational park at the Lahore Press Club Journalists Housing Colony, Harbanspura into a residential area by creating plots for 295 newly-inducted members of the club. Hearing a petition filed by club member Din Muhammad Dard, the court also issued notice for February 11 to managing director (MD) of the Punjab Journalist Housing Foundation, managerial body of the scheme, and all members of

ISLAMABAD - The Federal Investigation Agency (FIA) has been asked to investigate irregularities in the affairs of National Institute of Electronic Employees Cooperative Housing Society (NIEECHS) as its management has sold 33 kanals of land worth Rs 250 million without the consent of members and allottees of the society.
A source told Pakistan Today that the employees of National Institute of Electronics (NIE) had initiated a housing society NIEECHS with the approval of

LAHORE - The year 2010 witnessed an alarming rise in illegal housing societies and credit goes to the Punjab government which allowed them to thrive and stopped execution bodies including LDA to clamp down against them.
Recently a full bench of Supreme Court (SC) headed by the Chief Justice Iftikhar Muhammad Chaudhry directed Housing secretary to draw up a survey regarding bogus housing schemes and plan crackdown. Punjab government though remains inactive.
In a joint report,

LAHORE - A full bench of the Supreme Court on Thursday directed the Punjab Housing secretary to crackdown on bogus housing societies which were looting people, as there was no mechanism to monitor such schemes.
The bench directed that Lahore Development Authority (LDA) must ensure, before sanctioning approval to any housing scheme, that its roads, passages, and thoroughfares gave access to public.
The court was hearing a human rights case moved by Azeemullah against Venice

ISLAMABAD: The National Accountability Bureau (NAB) is all set to launch a major offensive against various housing schemes allegedly involved in fraudulent practices across the country.
An informed source confided to Pakistan Today that NAB officials had already completed preliminary investigation into shady practices of some housing societies involved in looting innocent people.
"NAB has completed preliminary investigation against all illegal housing societies and will soon

LAHORE: Punjab Chief Minister Shahbaz Sharif gave a briefing to Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif about the low-cost Ashiyana Housing Scheme on Friday. The CM said that the project for providing houses to low-income people had started in Lahore and would be extended throughout Punjab.
He said that 26 sites have been identified for the scheme in various districts of the province. Shahbaz informed Nawaz that the housing project was a welfare scheme of the

QUETTA: A project to construct 45,000 houses from government employees, 5000 of which are to be constructed immediately, has been launched, Federal Minister for Housing and Works Haji Rehmatullah Kakar said while addressing a press conference in Federal Lodges on Sunday.
Rehmat Kakar said 8 million houses ware required for employees throughout the country and 2 projects had been launched in this regard, adding that land had already been acquired from Capital Development Authority