List of illegal housing schemes in karachi 2019


  • SBCA issues list of ‘safe’ cooperative housings schemes in Karachi
  • SBCA releases a list of 26 illegal housing projects across Karachi
  • RDA Announced Action Against Illegal Housing Schemes
  • List of Approved Housing Societies by RDA in Rawalpindi
  • Sindh Building Control Authority (SBCA) List of Illegal Housing Projects
  • PDA banned 181 Illegal Societies while owners of 119 illegal housing societies booked
  • SBCA issues list of ‘safe’ cooperative housings schemes in Karachi

    Importantly, this expansion in economic activity was accompanied by a year low current account balance that contributed to a significant build-up in foreign exchange reserves. The fiscal deficit also edged down despite Covid-related spending, leading to an improvement in the public debt-to-GDP ratio, unlike the experience of most countries across the world. Headline CPI inflation also eased during the year mainly due to relatively stable prices of non-food and non-energy items.

    However, overall price levels, especially of food items, remained high owing to supply-side challenges. It is pertinent to mention that PKR managed to recover 95 paisa or 0. However, the two-day rally quickly fizzled out as sentiments turned nervous when participants realized that IMF conditions are very demanding. For the most part in the last couple of days market conditions remained choppy, said by Asad Rizvi, the former Treasury Head at Chase Manhattan.

    The rupee endured a relatively volatile trading session with quotes being recorded in a range of 90 paisa per USD witnessing an intraday high bid of Similarly, the rupee has weakened by 8. Meanwhile, the currency lost 80 paisa to the Pound Sterling as the day's closing quote stood at PKR On another note, within the money market, the overnight repo rate towards the close of the session was 9.

    The lira tumbled as far as Many economists called the rate cuts reckless while opposition politicians appealed for immediate elections. Turks told Reuters the dizzying currency collapse was upending their household budgets and plans for the future. After a meeting between Erdogan and central bank Governor Sahap Kavcioglu, the bank issued a statement saying the selloff was "unrealistic and completely detached" from economic fundamentals.

    There was no hint at an intervention to stem the meltdown. The central bank said it could only do so under certain conditions in "excessive volatility".

    Former bank deputy governor Semih Tumen, who was dismissed last month in the latest round of Erdogan's rapid leadership overhaul, called for an immediate return to policies that protect the lira's value. Tuesday's slide was the lira's largest since the height of a currency crisis in that led to a sharp recession and brought on three years of sub-par economic growth and double-digit inflation. The central bank has slashed rates by a total of points since September, leaving real yields deeply negative as virtually all other central banks have begun tightening against rising inflation or are preparing to do so.

    Erdogan's AK Party is sliding in opinion polls ahead of elections scheduled for no later than mid, reflecting sharply higher costs of living. I don't want to buy certain products because they've got too expensive," said Kaan Acar, 28, a hotel executive in southern Turkey's Kalkan resort, adding he was thinking of cancelling a trip abroad due to the rising cost. Against the euro, the lira weakened to a fresh record low of Sovereign dollar bonds suffered sharp falls with many longer-dated issues down over 2 cents, Tradeweb data showed.

    As the lira plunged, Turkey's main share index rose 1. Erdogan received support on Tuesday from his parliamentary ally, nationalist MHP leader Devlet Bahceli, who said that high-interest rates limit production and there was no alternative to a policy focused on investments.

    Erdogan defended the policy late on Monday and said high rates would not lower inflation, an unorthodox view he has repeated for years. Analysts said Turkey would need emergency rate hikes soon, while speculation about a cabinet overhaul involving the more orthodox finance minister, Lutfi Elvan, has also weighed.

    Ilan Solot, a global market strategist at Brown Brothers Harriman, said Erdogan would likely wait until a "breaking point" before reversing course. If they start to move money elsewhere, to Germany, to Austria, it's another story Then we will have a conversation about a real currency crisis. In addition, shareholders also approved a loan up to Rsmn to Renacon Pharma Limited "RPL" , being an associated company, in the form of a working capital loan, for a period of one year starting from the date of approval by shareholders.

    Copyright Mettis Link News.

    SBCA releases a list of 26 illegal housing projects across Karachi

    This housing society boasts unique characteristics, something no other society has: Crystal Lake, an hole golf course, a stadium, amusement parks, smart villas, and smart homes, among other things. Since its start, Capital Smart City has been discussing Islamabad due to its unique offers. In Islamabad, the society provides a diverse selection of residential plots, villas, and flats. The real-estate property is situated in a strategic place of Islamabad, which is only just a few minutes journey from the Srinagar Highway.

    The community is surrounded by the stunning Bani Gala Hills, providing a relaxing view of beautiful nature. In addition, the residential society provides all of the required features and conveniences for your daily life. Park View City is a development of Vision Group, which has a proven track record of constructing and managing prestigious real-estate developments in Pakistan.

    As a result, Park View City investments guarantee a pleasant lifestyle and high investment returns. Park View City is the nearest to the city core of all the forthcoming residential societies.

    Because Eighteen Islamabad is a high-end housing complex, the prices sought are more significant than in the surrounding communities. Eighteen Islamabad is the brainchild of a group of respectable and trustworthy Egyptian and Pakistani businesspeople. Following their successful relationship in the telecommunications business, Mobilink, Ora Developers, Saif Group, and Kohistan builders launched this home project.

    Ora Developers has a track record of completing well-known worldwide projects. The Saif Group has a distinct personality, founded in the s and amassing an impressive portfolio since then. Builders from Kohistan have proven their worth and are well-known throughout the country. These brands give a real estate market confidence that its destiny is on the shoulders of professional and trustworthy developers.

    The construction of this Top City began in , and it is presently at its most active stage. Top City has been carefully constructed to provide a combination of modern and environmentally friendly environments. The commercial portion of Top City will have huge malls, luxury hotels, sophisticated arcades, and multinational brands. Top City has various leisure opportunities for its residents and customers, including swimming pools, a gym, mini-golf, Lake View Park, and more.

    Top City, we feel, would be among the best place to invest in Islamabad Top City, located on the Srinagar Highway and is only a one-minute commute from the Islamabad International Airport, is the closest civilization to the new airport. TopCity-1 is significant due to its strategically advantageous position near the new Islamabad International Airport and the M-1 and M-2 interchange, providing a perfect chance for end-users to build their dream homes and real estate investors in a very profitable project.

    If you want to learn more about Top City 1, check out our extensive blog, where we go over every facet of the project, including why you should invest in the project and the benefits and drawbacks of Top City One. MPCHS has earned a reputation for delivering specialist services to its citizens. G block is ideal for investors looking for a high rate of return. Because G block is close to the highway, plot prices in this location will naturally rise over time, allowing investors to benefit.

    RDA Announced Action Against Illegal Housing Schemes

    The lira tumbled as far as Many economists called the rate cuts reckless while opposition politicians appealed for immediate elections.

    List of Approved Housing Societies by RDA in Rawalpindi

    Turks told Reuters the dizzying currency collapse was upending their household budgets and plans for the future. After a meeting between Erdogan and central bank Governor Sahap Kavcioglu, the bank issued a statement saying the selloff was "unrealistic and completely detached" from economic fundamentals. There was no hint at an intervention to stem the meltdown. The central bank said it could only do so under certain conditions in "excessive volatility".

    Former bank deputy governor Semih Tumen, who was dismissed last month in the latest round of Erdogan's rapid leadership overhaul, called for an immediate return to policies that protect the lira's value.

    Tuesday's slide was the lira's largest since the height of a currency crisis in that led to a sharp recession and brought on three years of sub-par economic growth and double-digit inflation. The central bank has slashed rates by a total of points since September, leaving real yields deeply negative as virtually all other central banks have begun tightening against rising inflation or are preparing to do so.

    Sindh Building Control Authority (SBCA) List of Illegal Housing Projects

    Erdogan's AK Party is sliding in opinion polls ahead of elections scheduled for no later than mid, reflecting sharply higher costs of living. I don't want to buy certain products because they've got too expensive," said Kaan Acar, 28, a hotel executive in southern Turkey's Kalkan resort, adding he was thinking of cancelling a trip abroad due to the rising cost.

    The real-estate property is situated in a strategic place of Islamabad, which is only just a few minutes journey from the Srinagar Highway. The community is surrounded by the stunning Bani Gala Hills, providing a relaxing view of beautiful nature. In addition, the residential society provides all of the required features and conveniences for your daily life.

    Park View City is a development of Vision Group, which has a proven track record of constructing and managing prestigious real-estate developments in Pakistan. As a result, Park View City investments guarantee a pleasant lifestyle and high investment returns.

    PDA banned 181 Illegal Societies while owners of 119 illegal housing societies booked

    Park View City is the nearest to the city core of all the forthcoming residential societies. Because Eighteen Islamabad is a high-end housing complex, the prices sought are more significant than in the surrounding communities.

    Eighteen Islamabad is the brainchild of a group of respectable and trustworthy Egyptian and Pakistani businesspeople. Following their successful relationship in the telecommunications business, Mobilink, Ora Developers, Saif Group, and Kohistan builders launched this home project.

    Under the regulations, the developers are bound to left seven per cent open space or parks of the total land acquired for the development of the housing scheme, two per cent for graveyard, five per cent for commercial area and five per cent for public buildings.

    Similarly, PDA has fixed maximum size of residential plot 10, square feet two kanals and minimum size of residential plot According to PDA Director, ban on the illegal societies would remain intact till they fulfilled the requirements mentioned in the regulations.

    The action was taken on the directives of the provincial government following a request by the Peshawar Development Authority. The cases were lodged in different police stations across the provincial capital.


    List of illegal housing schemes in karachi 2019