KARACHI: The Federal Board of Revenue (FBR) and the Association of Builders and Developers of Pakistan (ABAD) on Monday agreed on a new simplified and fixed taxation system for builders and land developers that would help generate an additional revenue of Rs25 billion...
Under the agreement, there will be three categories of builders and developers for taxation: Category A for Karachi, Lahore and Islamabad; Category B for Hyderabad,...
Gradually, a new breed of developers and builders made their way into the sector...
It is with these factors in perspective that the builders and developers depend on fast-track and proper supply of raw material as well as the availability of equipment and manpower...
Novels like Khaleej and Saanp se Ziada Sairaab have changed the craft of storytelling...
ISLAMABAD: The Capital Development Authority (CDA) made an ‘irregular payment’ of Rs575...
1 million to Bahria Town and the son of a local politician when purchasing land in sectors H-16 and I-17, according to an audit report submitted to the Public Accounts Committee (PAC)
DUBAI: Dubai property developers are still turning out some larger-than-life projects even though prices are heading south again after clawing back a good chunk of their losses in the 2008 crash...
The Gulf emirate’s annual Cityscape property fair opened Tuesday with developers foreseeing price declines of about 15 per cent this year, yet confident there would be no return to the days when huge projects were abandoned half finished......
ISLAMABAD: The National Assembly’s Standing Committee on Overseas Pakistanis was informed by the Employees’ Old-Age Benefits Institution (EOBI) on Wednesday that the FIA had been restrained by the Supreme Court from taking action against two influential real estate developers...
“There are specific directives not to act against Aleem Khan of Vision Developers, Lahore, and Ammar Ahmed Khan of Pak-Arab Housing, Lahore, despite the...
After all, little seems to have changed and other developers continue building plazas in violation of the same bylaws while CDA officials look the other way...
Indeed, the CDA’s decision is belated as the project has almost completed and its developers have taken billions of rupees from buyers of apartments in the property...
LAHORE: Reprimanded by Prime Minister Imran Khan, for not controlling mushrooming illegal housing schemes, the Lahore Development Authority (LDA) and the city police have expedited action against the rogue developers in Lahore as well as the districts of Kasur, Sheikhupura and Nankana...
“However, when he (the PM) was told there was problem on the part of police that didn’t lodge FIRs in most cases against the illegal schemes’...
ISLAMABAD: The government has ordered the Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) to hold weekly meetings with the developers of two upcoming liquefied natural gas (LNG) terminals to remove impediments, besides immediate handover of the possession of land for tie-in facilities near Pakistan Steel Mills, it emerged on Sunday...
The Ministry of Maritime Affairs in collaboration with...
ISLAMABAD: The Cabinet Committee on Energy (CCoE) on Friday approved allocation of pipeline capacity to two new LNG terminal developers to facilitate their investment in the additional gas infrastructure and once again decided to dissolve Pakistan Electric Power Company (Pepco)...
The meeting was told the IMC had held 15 meetings between December 2019 and August this year and resolved all pending issues, but the petroleum division and...
Metaschool, a leading web3 edtech platform for developers, has announced that it has reached 120,000 registered developers in just 11 months since its launch...
In addition, the company’s popular Ethereum Learning Track has seen over 30,000 developers enrolled in its courses...
LAHORE: In a bid to protect the public at large from the fraudulent practices in sale of plots, allegedly on part of the developers of legal and illegal private housing societies, and improve the enforcement mechanism to effectively regulate such schemes, the Lahore Development Authority (LDA) has formed a working group comprising seven members...
According to the Terms of Reference (TORs), the group will review the existing...
KARACHI: An accountability court on Friday admitted a reference filed by the National Accountability Bureau against two builders allegedly involved in cheating the public at large through a housing project...
ISLAMABAD: An audit into the accounts of Civil Aviation Authority (CAA) has found an irregular payment of Rs4 billion to the companies that constructed the runway of New Benazir Bhutto International Airport...
According to the audit report of the CAA for the year 2013-14 presented to the Public Accounts Committee (PAC), the joint venture of M/s Lagan and M/s Technical Associates Pakistan were paid Rs4
“Besides, rules have been violated during the construction of another 260 buildings,” he said and warned that action would be taken against the builders...