Property News

Federal Cabinet waives ban on skyscrapers in Islamabad 

Federal Cabinet of Pakistan has decided to lift restriction on high-rise buildings in Islamabad on March 26th. Information Minister Fawad Chaudhary, announced several decisions regarding the updated aviation policy. He said Prime Minister Imran Khan desires to see the vertical-dimension growth of capital instead of horizontally. Previously, Civil Aviation Authority (CAA) had banned 20-floor buildings …

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Supreme Court has accepted Bahria Town’s offer for Karachi

Supreme Court of Pakistan has accepted Bahria Town’s proposal to buy 16,896 acres off Karachi’s Super Highway for Rs.460 Billion. After Supreme Courts verdict, Bahria Town has acquired complete legal immunity. As a result, National Accountability Bureau (NAB) will no longer investigate or file references against individuals affiliated with Bahria Town including government officials as …

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