Month: April 2013

Imran Khan’s ‘One Village One Overseas Pakistani proposal’

 Pakistan Tehreek-e-Insaaf (PTI) chairman Imran Khan has come up with an interesting proposal, saying he would urge overseas Pakistanis to sponsor the development of at least one village back home. He was talking to media at a hotel here on Wednesday where 67 former nazims and naib nazims announced joining the PTI. On this occasion, …

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Middle East states refuse voting facility to expatriate Pakistanis

  The News report by Mumtaz Alvi The Middle Eastern countries have refused to allow the expatriate Pakistanis to poll their votes in the May 11 general election, it has been learnt. Meanwhile, the Election Commission of Pakistan (ECP) on Tuesday failed to devise a mechanism to allow the expatriate Pakistanis to poll their votes …

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‘Emaar Properties owes $15m,’ accuses Pakistani investors

Dubai: Emaar Pakistan, a subsidiary of Dubai-based property developer Emaar Properties, is in a dispute with investors who claim they are owed more than $15m after buying off-plan properties in its stalled project in Karachi. Emaar launched the Crescent Bay mixed-use community in July, 2008, as part of its multi-billion dollar investment into the country. The 108-acre development was …

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Pakistanis holding dual nationality should be allowed to participate in polls

An acclaimed overseas Pakistani has stressed the need to allow dual nationality holders to participate in politics, saying such professionals (as holding dual nationality) can make progress towards resolving chronic problems ailing the national economy.   Being a Pakistani and US national, I can contest elections in the United States of America but cannot do …

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Development work restarts in Sector G-14 Islamabad

Development work in Sector G-14 Islamabad has restarted as the concerned officers of the city administration and police have started regular monitoring in the area. The development work was stopped following the threats from the affectees in the area. Deputy Director (Technical) Federal Government Employees Housing Foundation (FGEHF) Rana Munir Ahmed informed that construction of an overhead water tanker of capacity 70,000 gallon …

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LAHORE: People warned of purchasing illegal plots

Associated Press of Pakistan The Lahore Development Authority (LDA) has advised intending buyers to verify legal status of plots of private housing schemes before entering into any deal. The LDA took this step in view of reports that certain developers were selling plots carved out on unapproved areas by presenting them as part of approved housing scheme.

Lahore’s real estate on the rebound

Express Tribune report by Shahram Haq Lahore’s real estate sector, which has been under immense pressure due to lack of investment and trust, especially after the breakdown of the boom observed between 2003 and 2005, has finally started to rebound. The recovery has taken seven years, but this time it builds on more solid grounds.