SBP publicizes online portal for housing finance complaints

SBP publicizes online portal for housing finance complaints

KARACHI – The State Bank of Pakistan (SBP) on Thursday initiated a ‘complaint resolution mechanism’ intended to resolve financial issues of potential customers, according to the Naya Pakistan subsidy scheme of affordable housing. The mechanism consists of an online portal along with a comprehensive network of SBP, where bank staff will be looking through each [...]
Japan to finance weather surveillance radar in Sukkur

Japan to finance weather surveillance radar in Sukkur

ISLAMABAD – As reported by a news outlet on the 26th of January, the Japanese government has revealed its decision to allocate a budget worth USD 19 million for the installation a weather surveillance radar facility in Sukkur. As per the details shared, similar facilities have already been upgraded in Karachi and Islamabad, while another [...]
Gwadar housing projects gets power from national grid

Gwadar housing projects gets power from national grid

ISLAMABAD – According to a news source on January 16, two mega housing projects in Gwadar have recently been linked with the national power grid under the China-Pakistan Economic Corridor (CPEC). The societies were successfully installed with electrical connections at China Pakistan Investment Corporation’s (CPIC) megaprojects International Port City (IPC) and China Pak Golf Estates; [...]
RDA receives development briefing from consultant

RDA receives development briefing from consultant

RAWALPINDI – The Director General of Rawalpindi Development Authority (RDA) Maqbool Ahmad Dhawla was called upon during a conference by consultant Mott MacDonald to give the former a briefing regarding consultancy services for the ‘Preparation of Regional Development Plan, along with Peri-Urban Structure Plans’ for the Rawalpindi District. In said conference, it was informed that [...]
SC refuses IHC judgement for NOC restoration

SC refuses IHC judgement for NOC restoration

ISLAMABAD – The Supreme Court (SC) has rejected a stay against the Islamabad High Court’s (IHCs) judgement to restore the No Objection Certificate (NOC) for Park View City. A two-judge tribunal consisting of Justices Muneeb Akhtar and Umar Ata Bandial conducting the hearing; Akhtar questioned the society on their ability to obtain the NOC, which [...]
EPA accepts LDA’s report for Naya Pakistan Apartments project

EPA accepts LDA’s report for Naya Pakistan Apartments project

LAHORE – According to news outlets on the 18th of January, the Punjab Environmental Protection Agency (EPA) approved of the Lahore Development Authority’s (LDA) environmental assessment report compiled for their Naya Pakistan Apartments project. The report is available for review by stakeholders at three different channels; the LDA chief engineer’s office, the EPA deputy director’s [...]
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