250 Sq. Yard Residential Plot For Sale on Bahria Enclave Islamabad, Islamabad By The Buying Xpert

READY FOR POCESSION PLOTS AVAILABLE ON INSTALMENT PLAN

DOWN PAYMENT 913000.

INSTALMENT EVERY TWO MONTHS 355000.

PROJECT FEATURES:

5 star hotel & spa

Commercial areas

International standard school & hospital

Great Jamiah mosque

100 feet wide roads, landscaped with green belts & footpaths

Complete gated community

Underground provision of electricity, gas & water

via 250 Sq. Yard Residential Plot For Sale on Bahria Enclave Islamabad, Islamabad By The Buying Xpert.

Committee to point out land ‘unfit for housing’

LAHORE, Aug 13: To control mushroom growth of private housing schemes on agriculture zone/green areas, the City District Government of Lahore on Monday constituted an 11-member committee for making recommendations for declaration of Peri-Urban areas through initiating a necessary consultation with all stakeholders.

The Peri-Urban areas mean the land/localities that span the landscape between the contiguous urban development and rural countryside with low population density and are predominately being used for agricultural activity and are likely to be urbanised in the next 20 years.

According to a notification issued by CDGL Administrator/DCO Noorul Amin Mengal, the committee will be headed by Mr Aslam Mughal (president, Institute of Planners Pakistan) whereas Ms Ume Laila Naqvi (district officer, special planning) will be secretary of the committee.

Other members include Waseem Ahmad Khan (chief metropolitan planner, LDA), Mahmood Tamana (CDGL’s municipal services EDO), town officers (planning and coordination, Nishtar and Iqbal towns), an urban unit representative, Riaz Ahmad Chohan (chief executive of Urban Developers) and urban experts Asif Kamal, Sahir Rasheed and Samee Bin Haneef.

The committee will float proposals for earmarking boundaries of Pre-Urban areas of the city district irrespective of the controlled areas of the CDGL and LDA, besides giving valuable suggestions for saving the diminishing character of agriculture land in the city. Continue reading

Karachi came in 135 out of 140 cities on the livability rating.

KARACHI: As if things weren’t bad enough, Karachi has been given extremely poor ratings on two key lists: It’s the 7th least livable city in the world out of 140 and on the bottom of the 22-city Asian Green City index. 

Both lists were prepared by the Economist Intelligence Unit (EIU). Singapore topped the green city index for Asian cities and Melbourne was rated as the most livable city in terms of stability, healthcare, culture and environment, education and infrastructure. With target killing more stable than Karachi’s local government system, any of its residents would tell you that the EIU got it right.

Karachi came in 135 out of 140 cities on the livability rating. It scored 40.9 out of 100 as an overall rating. It scored 20 for stability, 45.8 for healthcare, 38.7 for culture and environment, 66.7 for education and 51.8 for infrastructure.

The scores are then compiled and weighted to provide a score of 1-100, where 1 is considered intolerable and 100 is considered ideal.

Algiers, Harare, Lagos, Port Moresby and Dhaka were the only cities that did worse than Karachi.

“Conflict is responsible for many of the lowest scores,” said the report, but went on to acknowledge that, “Global business centres tend to be victims of their own success. The ‘big city buzz’ they enjoy can overstretch infrastructure and cause higher crime rates. New York, London, Paris and Tokyo are all prestigious hubs with a wealth of recreational activity, but all suffer from higher levels of crime.”

Karachi could learn a few things from the system in Vienna where only 18 murders were reported in 2010. The difference is that Vienna is a city of only 1.7 million people and Karachi 18 million. These figures compare with a US average of 4.8 homicides per 100,000 people (2010). Continue reading

Protection to life, property of minorities demanded

KARACHI: The people from Hindu and Christian communities and the civil society members staged demonstration outside Karachi Press Club on Tuesday demanding protection to life and property of minorities, treating them as equal citizens of Pakistan and stopping kidnapping and forced conversion of Hindu girls in Sindh. Addressing the demonstration, organised by Pakistan Hindu Society, the leaders of Hindu and Christian communities lamented that under a well-hatched conspiracy the Hindus of Sindh were being compelled to migrate to India. They said the demonstration was aimed to seek protection of Hindus living across the country.

They also demanded equal rights including jobs in military, civil and other organisations. Condemning the forced conversions of Hindu girls, the leaders said Asha and Rinkel Kumari were still in the confinement of influential persons and now another young girl Manisha had been kidnapped and converted forcibly. They demanded recovery of kidnapped Hindu girls. Bishop Nazir Alam, Dr Jaipal Chhabria, Dr Birma Jesrani, Dr Nand Lal, Dr Ashok Lal, Dr Teekam Das, Dinesh Kumar, Dr Pardeep, Rajkumar, Salim Michel, Bishop Ashraf and others addressed the demonstration. The participants of demonstration chanted slogans of ‘Long Live Pakistan’. ppi Continue reading

Indian investors emerge as top foreign property buyers in Dubai

DUBAI, UNITED ARAB EMIRATES - FEBRUARY 23:  Wo...

DUBAI, UNITED ARAB EMIRATES – FEBRUARY 23: Workers clear the water at the bottom of the Burj Khalifa on February 23, 2012 in Dubai, United Arab Emirates. At 829.84 m (2723 ft) tall the Burj Khalifa is currently the tallest building in the world. (Image credit: Getty Images via @daylife)

Manama, Aug 15 (ANI): Indians have emerged as the top foreign property buyers in Dubai, ahead of their Pakistani and British counterparts, as foreign investors have injected more than Dh22 billion in the real estate sector in one of the largest cites in the United Arab Emirates (UAE).

According to government data for the first half of 2012, Indians, Pakistani and British buyers are dominating the real estate market in Dubai, with Indians purchasing 2,153 properties at a value of Dh3.75 billion, followed by Pakistanis who bought 1,814 properties valued at Dh1.713 billion.

“The real estate sector performance is moving from strength to strength over the past two years. The market has been attracting more foreign investors, which reflects a solid national economy and its excellent growth potential,” Gulf News quoted Majida Ali Rashid, chairwoman of the Real Estate Investment Promotion and Management Centre, as saying. Continue reading

Luxury property market soars to new heights

If you’re asked to think about Pakistan, exotic villas, sprawling landscapes and architectural marvels might not immediately come to mind. Yet, the gradual resurgence of the luxury segment of Pakistan’s real estate has brought all such amenities into focus. The segment clearly seems to be on the upswing as developers in the country are working hard to entice buyers.

Investors and buyers alike are showing interest in these projects despite being aware that the appreciation on such properties is always more than those in mid-income projects. There also seems to be a growing trend for environmentally conscious development as it opens access to land in zones that would not normally be available for development.

Apart from ultra-modern residential and commercial projects undertaken on a massive scale, the concept of gated communities ensconced in the lap of extravagance isn’t just changing the dynamics of Pakistan’s luxury realty segment, but also the way residents of these projects are living in the country’s major cities like Karachi, Islamabad and Lahore. “The luxury property market in Pakistan has traditionally been unorganised and fragmented. However, the recent past has seen consolidation of a few developers who are stretching their capacities to the maximum to meet the growing market demand,” says Naveed Merchant, Managing Director, Merchant & Associates.

“REIT [real estate investment trust] regulations are in the process of formulation which will encourage large projects with sourced financing. While the Pakistan real estate market still lacks transparency and liquidity compared to more mature real estate markets, REITs would provide an opportunity to diversify the investor base in the sector through a regulated, tradable investment,” he says.

Luxury offerings

Nida Zahoor, Group Marketing Manager, Bahria Town, touted to be Asia’s largest private real estate developer, also vouches for this maturity in the market. “Generally the Pakistani luxury home buyer in this day and age, expects nothing but the best in quality. Most of them have travelled extensively to countries abroad, making them abreast with the latest trends in construction. Then there is also the growing middle class which is not as aware, but that too is changing over time” she says.

Zahoor says there is a shortage of one million homes in Pakistan with a 0.6 million (backlog) demand growing every year, which includes in it a large ratio of demand for luxury homes. In the next five years, predicts Zahoor, Pakistan will experience a tremendous growth in the luxury realty segment as awareness among the people, the trends, the policies by the government will give a fillip to this segment. So, what would Bahria Town’s benchmark project be? “It would be Bahria Golf City, Pakistan’s first ever branded luxury resort designed over a total area of 5.5 million square metres,” Zahoor says.

Bahria Golf City is expected to accommodate 18,000 people in about 7,500 housing units. “From architects such as BEAMS construction to Nayyar Ali Dada, interior designers such Wingchair, Cracknel landscape designers; and Kroll security consultants; we are working with the best in the world who have been involved in prestigious projects like the Burj Al Arab, KL towers, Atlantis Dubai and Jumeirah Beach Resort,” says Zahoor.

Bahria Town isn’t the only player in the market, there are several interesting offerings such as Lake City, a 2,104-acre development on the outskirts of Lahore, which has a plan to have almost 4,000 residences, hundreds of shops, malls and dozens of office buildings. “When the project was envisaged in 2004, it was obvious that future developments in real estate in Lahore could only take place towards the south and south west. The trend in Pakistan, outside Karachi, is not towards vertical expansion but horizontal expansion,” says Farouk Khan, ED Coordination, Lake City Holdings and Rida Sarfraz, GM Marketing and Events, Lake City Holdings.

Besides, there are other attractive projects such as Defence Raya, a 400-acre development and The Centaurus, a project featuring a five-level shopping mall, two residential complexes, the corporate complex and a luxurious five-star hotel in Islamabad. The Centaurus is by Pak Gulf Construction (Pvt) Ltd, a joint venture between Al Tamimi Group, Saudi Arabia and Sardar Builders, Pakistan. Sajjad Baig, director, Al-Tammimi Group, says Pakistan’s economy has evolved during the last decade resulting in a boom in people’s lifestyle expectations. “Islamabad has always been home to foreign delegates and diplomats. Therefore, the need of a world-class shopping mall was felt,” he says.

Recently, Emaar Pakistan, subsidiary of global property developer Emaar Properties PJSC, handed over its 50th new villa in the Mirador Village section of the Canyon Views housing society, to its owners in a record time frame. Continue reading

Indian hackers break into LDA website

LAHORE - A group of some Indian internet hackers – the Indian Tigers – broke into the website of the Lahore Development Authority (LDA) on Tuesday and hacked it.

“We are Indians, the Tigers, and the real 1337′s are now awakened,” read a message on the LDA website after it was hacked.

The message, which started with the Indian national slogan ‘Jai hind’, added, “Congratulations, you have got the attention of the Indians. To those who are thinking who we are, never think it that way, because we are many without any name, the only name and Identity we have is INDIA, and yes we are Indian Hackers.”

The hackers generally tend to use offensive and obscene language but this was not the case here. The hackers said, “It was not supposed to happen all the sudden this way.”

“We have a message for Pakistan and Bangladesh Security and Officials who had been victim. We never intended to attack; we were forced by your counterparts, hackers who think that they are the only active session in our domains.”

However, they said, “We have NO intention to trigger a cyberwar.”

About the Pakistani hackers breaching into their cyber territory with names such as Kashmir and Kargil Avengers, the hackers said, “Talk about this to OUR President and PM’s, don’t make the cyber space crap, and we don’t think we are handing out Kashmir to 3rd party people who themselves cannot feed their own country land.”

They also threatened the addresses of their message by saying, “failing to cooperate with us will clearly cause serious problems, for examples, data leakage, Information disclosure, presidential disclosure, email dumps with string straight passwords, and other various serious attacks.”

“We hope so you collaborate,” the message added. Continue reading

CDA to provide additional 5 MGD water from today

ISLAMABAD: Capital Development Authority will start providing additional 5 million gallons of water in different sectors of Islamabad.

According to details CDA has decided to provide 5 million gallons additional water, from 14th August to different sectors of Islamabad in the wake of recent monsoon rains.

The recent rains have raised the water level in dams by 13 feet, and water related complaints in the city are down to 600 from 1400.

Director General of Water Management wing CDA Sanaullah Aman said that monsoon rains have raised the water level in Simli dam by 10 feet and 3 feet in Khanpur dam.

After which different sectors of Islamabad will be provide 1 million gallon from Simli dam and 2 million gallons from Khanpur dam and tube wells respectively would be providing capital city with additional 5 million gallons of water. Continue reading