Pakistan News

    Tata Nano Olx Karachi Real Estate

  • Karachi-Manchester nano festival lights up Rambagh Quarters

    KARACHI: The 90-year-old Purdah Bagh (Sobhraj Chetumal Terrace) came alive on Sunday evening with the DIY City, a Karachi-Manchester nano festival...

    Hidden behind the National Museum, the terrace was once a space dedicated to the women of the city in 1927, the nano festival transformed it into an interactive space with projects such as Baara Qataar (12 lines), Sitaron ki Sair and Sheesh Mahals...

  • GCU patents low-cost nano-powder

    The ZNO-SIO2 Nano-powder was tested at the Punjab Forensic Science Agency (PFSA)...

    The patent in the field of forensics and Nano-technology is the result of research done by PFSA Director-General Dr Ashraf Tahir, GCU Vice- Chancellor Prof Dr Khaleequr Rahman and its Nano-chemistry laboratory Director Dr Akhyar Farrukh for developing indigenous strong and low-cost nano-powder for lifting latent fingerprints from nonporous surfaces...

  • Tata Steel puts its UK business up for sale

    LONDON: Indian giant Tata Steel on Wednesday put its British business up for sale, sparking calls for the government to intervene and safeguard thousands of jobs in the crisis-hit industry...

    Tata said in a statement that trading had “rapidly deteriorated” in Britain and Europe, adding it will “explore all options for portfolio restructuring including the potential divestment of Tata Steel UK, in whole or in parts”...

  • Behind Tata-Mistry clash, a distinct set of governance rules

    NEW DELHI: When Ratan Tata retired as chairman of Tata Sons Ltd in 2012, he proposed a change in the laws governing the relationship between India’s largest conglomerate and its key shareholder, according to sources familiar with the situation...

    Until then, the Tata Trusts — public charities owning two-thirds of the company — had easily protected its investment...

  • FBR sets new prices for real estate in Islamabad, Karachi

    ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday issued the notification announcing the newly set property prices in Islamabad and Karachi...

    According to the notification, Karachi has been divided into nine categories and residential and commercial plots have been assigned different prices...

  • ICCI for rationalising taxes on real estate

    ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) on Tuesday urged the government to rationalise taxes on real estate sector that will help in boosting the economy...

    Addressing a delegation of Islamabad Real Estate Agents Association, ICCI president Muzzamil Hussain Sabri said the government should give preferential treatment to real estate sector which has the potential to speed up the growth of economy...

  • Real estate indices for equal risk sharing

    Late last month, the issue came under the spotlight at a workshop on ‘application of real estate indices in Islamic financial institutions’ organised by the Centre for Excellence in Islamic Finance, IBA in Karachi...

    The workshop was conducted by Dr Sheharyar Bokhari, a PhD in real estate and urban studies and a researcher at MIT Centre for Real Estate...

  • Success eludes NA panel probing $8bn investment by Pakistanis in UAE real estate

    ISLAMABAD: A parliamentary panel probing around $8 billion investments in real estate by Pakistanis in Dubai has witnessed deadlock leading to serious arguments among its members amid lack of cooperation by government departments...

    The sub-committee was set up after Mr Umar pointed out that the Dubai Land Authority had issued a press statement highlighting that in the past four years Pakistanis had invested around $8bn in the real...

  • Retail investors’ access to real estate business

    Pakistan's first real estate investment trust’s initial public offering by the Arif Habib Group in partnership with the Dolmen Group is expected to bring the so far capital-intensive real estate investments within the reach of retail investors...

    These investments would be highly liquid, as the shares of the REIT would be traded on the Karachi Stock Exchange The investors would expect to get not only decent dividends, based on rental...

  • WeWork co-working spaces disrupt office and real estate market

    WeWork, with a whopping valuation by investors of $20 billion, has taken the lead in the co-working space and in the process is disrupting the office and real estate market...

    “They don't want to be a real estate company because real estate's old and boring, whereas they want to be new and hip,” King said...

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