ADB declines to provide funding for the Malir Motorway in Karachi

ADB declines to provide funding for the Malir Motorway in Karachi

/in /by

Lahore: To improve transparency in the property registration procedure, South Punjab Additional Chief Secretary (ACS) Capt (rtd) Saqib Zafar instructed administrative secretaries to develop an e-registration system.

The ACS directed the pertinent agencies to take action to enhance good governance and service delivery during a meeting. Public complaints about fraud and corruption will be addressed with the implementation of the electronic registration system. The National Database & Registration Authority (NADRA), an electronic stamping system, and the e-registration system will all be connected.

Read more with EL news: CDA is instructed to conduct the Nilore Heights election

The ACS added that the use of this system will eliminate all opportunities for tax evasion and document loss. He continued by saying that will be helpful.

Lahore: South Punjab Additional Chief Secretary (ACS) Capt (rtd) Saqib Zafar gave administrative secretaries instructions to create an electronic registration system in order to increase transparency in the property registration process.

During a meeting, the ACS ordered the relevant organisations to take action to improve good governance and service delivery. Implementing the electronic registration system will address public complaints about fraud and corruption. There will be a connection between the National Database & Registration Authority (NADRA), an electronic stamping system, and the e-registration system.

The ACS further stated that by using this approach, there will be no possibility of tax evasion or document loss. That will be useful, he continued.

Share this:
CDA is instructed to conduct the Nilore Heights election

CDA is instructed to conduct the Nilore Heights election

/in /by

Islamabad: According to news reported on April 26, Federal Minister for Finance Ishaq Dar has directed the Capital Development Authority (CDA) to hold the voting for the Nilore Heights-1 project by May 8. The concept is being designed specifically for Pakistanis living abroad.

Read more about EL news: The Koral Chowk-Motorway Chowk signal-free route is planned by RDA

These directives reportedly came from Finance Minister Dar during a meeting to review CDA’s projects for Pakistanis living abroad. The gathering was informed about the open auction-based allocation of commercial and residential plots for Pakistanis living abroad. Nilore Heights is one of the development projects that Minister Dar directed the authority to move on with.
The registration for plots in Sectors C-14 and C-16 for expatriates would be started in the following phase and dedicated, it was also announced at the meeting.

In order to help Pakistanis living abroad, the CDA has also established facilitation counters.

The minister also requested a quicker speed of construction on the Kuri and Overseas Enclave projects. In an effort to increase foreign exchange reserves, he directed that investors who purchase commercial plots at auction using US dollars should receive particular incentives. Minister Dar requested that a strategy be in place by the middle of the next month for the auction of plots in Sectors C-14 and C-16.

Share this:
The Koral Chowk-Motorway Chowk signal-free route is planned by RDA

The Koral Chowk-Motorway Chowk signal-free route is planned by RDA

/in /by

According to news stories dated April 26, the Rawalpindi Development Authority (RDA) is preparing to start a feasibility study to build a 22-kilometer signal-free corridor from Koral Chowk to Motorway Chowk via Peshawar Road.

Read more about EL news: Punjab Land Record Authority starts e-registration of lands

The sources claim that this signal-free corridor aims to cut the distance between Islamabad and Rawalpindi’s travel time from one hour to 10 to 15 minutes. According to a senior official, the RDA has expanded the corridor project’s path to Motorway Chowk as a result of Peshawar Road’s traffic congestion. According to reports, the Punjab government first started the program in 2017 to help its residents.

The feasibility study will be finished in six months, according to the sources, and the RDA will then hire a consultant to begin work.

The feasibility study will be finished in six months, according to the sources, after which the RDA will hire a consultant to begin the project. One flyover, five underpasses, and U-turns are all part of the signal-free corridor. It is anticipated to cost PKR 20 billion, with a feasibility study costing PKR 80 million.
According to reports, the project will also involve reconstructing Kutchery Chowk. It is anticipated that the congested traffic on Peshawar Road, old Airport Road, and G.T. Road will lessen after the two projects mentioned above are finished.

 

Share this:
Punjab Land Record Authority starts e-registration of lands

Punjab Land Record Authority starts e-registration of lands

/in /by

Lahore: To improve transparency in the property registration procedure, South Punjab Additional Chief Secretary (ACS) Capt (rtd) Saqib Zafar instructed administrative secretaries to develop an e-registration system.

Read more with EL news: CDA is instructed to conduct the Nilore Heights election

The ACS directed the pertinent agencies to take action to enhance good governance and service delivery during a meeting. Public complaints about fraud and corruption will be addressed with the implementation of the electronic registration system. The National Database & Registration Authority (NADRA), an electronic stamping system, and the e-registration system will all be connected.

The ACS added that the use of this system will eliminate all opportunities for tax evasion and document loss. He continued by saying that will be helpful.

The ACS added that the use of this system will eliminate all opportunities for tax evasion and document loss. The real estate industry will be made more efficient, he continued. The revenue personnel will be trained in all potential procedures and put to use the knowledge they have gained from the ongoing Sahiwal Division e-registration pilot project.

Share this:
Location Ballot-2023 date announced by DHA Bahawalpur

Location Ballot-2023 date announced by DHA Bahawalpur

/in /by

According to a post published on the Defence Housing administration (DHA) Bahawalpur’s Facebook page on April 25, the administration has announced the date for the eagerly awaited Location Ballot 2023.

Read more about EL news: CDA will release a call for bids for C-16 infrastructure development

According to the post, the voting will take place on May 30. The DHA has also stated that May 10 is the deadline for submitting the cost of land charges for 2019 ballot plots. The allocation of files for the future location ballot must be completed by May 20.

No additional ballot-related information was provided by the administration. The DHA management asked the members to call +92 (62)-111-111-518 for more information.

Share this:
CDA will release a call for bids for C-16 infrastructure development

CDA will release a call for bids for C-16 infrastructure development

/in /by

Islamabad: According to a fresh source’s information on April 26, the Capital Development Authority (CDA) is working to finish the necessary paperwork to launch development work in Sector C-16. The region is situated along the recently built Margalla Road at the base of the Margalla Hills.

Read more about EL news: DHA Multan provides direct sales of 1 kanal location plots

The updated layout plan for Sector C-16 was accepted by the CDA Board last week, according to CDA Chairman Noor-ul Amin Mengal. To ensure there are no obstacles in the way of beginning the development work, the pre-qualification notices for the construction firms have been released. The engineering wing’s thorough timeline for the growth of the mentioned field was also disclosed.

The CDA chairman added that the civic authority had resolved the concerns with relation to planning and sector survey. 2,500 residential lots, a markaz, and shopping malls are all present in the sector.

In a related event, the Land Directorate and the CDA Enforcement Wing started an anti-encroachment campaign in the C-16 sector to clear out unauthorized encampments and structures.

 

Share this:
DHA Multan provides direct sales of 1 kanal location plots

DHA Multan provides direct sales of 1 kanal location plots

/in /by

According to a tweet made on the Defence Housing administration (DHA) Multan’s official social media account on April 26, the administration has started selling 1-kanal location plots directly to various societal groups.

Read more about EL news: DHA Quetta 8 Marla Villas: Extension of the deadline for EOI filing

The article further claims that the DHA Multan management is keeping its commitment to the city to offer top-notch living options. Those who purchase these lots can immediately begin building their own home. These plots’ development costs can be paid off in three years. The administration also said that owners who build grey additions to their homes within a year will be eligible for a 50% development fee reduction.

Share this:
DHA Quetta 8 Marla Villas: Extension of the deadline for EOI filing

DHA Quetta 8 Marla Villas: Extension of the deadline for EOI filing

/in /by

According to a statement made on the Defence Housing Authority (DHA) Quetta’s official Facebook page on April 26, the deadline for the submission of Expressions of Interest (EOI) for the construction of 8-marla Villas on the “Payment Schedule Sale Model” has been extended.

Read more about EL news: Punjab will introduce an online system for property registration

According to the post, the administration has extended the deadline for submitting an EOI for the DHA Villas to May 10, 2023, in response to popular demand. The DHA team has asked the interested firms to send the EOI and the following papers to the Director of Town Planning & Building Control DHA Quetta:

  • description of the business
  • five-year financial statement
  • History of similar projects
  • ongoing projects at the moment
Share this:
Punjab will introduce an online system for property registration

Punjab will introduce an online system for property registration

/in /by

Lahore: To improve transparency in the property registration procedure, South Punjab Additional Chief Secretary (ACS) Capt (rtd) Saqib Zafar instructed administrative secretaries to develop an e-registration system.

Read more about EL news: Task Force on AI established to advance development objectives

The ACS directed the pertinent agencies to take action to enhance good governance and service delivery during a meeting. Public complaints about fraud and corruption will be addressed with the implementation of the electronic registration system. The National Database & Registration Authority (NADRA), an electronic stamping system, and the e-registration system will all be connected.

The ACS added that the use of this system will eliminate all opportunities for tax evasion and document loss. The real estate industry will be made more efficient, he continued. The revenue personnel will be trained in all potential procedures and put to use the knowledge they have gained from the ongoing Sahiwal Division e-registration pilot project.

Share this:
Vital information About Dubai Real Estate Regulatory Agency

Vital information About Dubai Real Estate Regulatory Agency

/in , /by

Dubai Real Estate Regulatory Agency (RERA Dubai) is the most trustworthy and regulated real estate organization. The governmental entity ensures that all shareholders investing in the real estate markets are well-informed regarding real estate investment. Further, the organization is helpful for overseas investors in making sustainable and profitable investment opportunities. The organization was formed in 2007 to enable real estate representatives and investors to make remarkable real estate deals. In addition, the blog will cover the details that all real estate agents and investors must know regarding the Dubai real estate regulatory agency.

RERA Dubai Roles

Several jobs and responsibilities come under the RERA Dubai that facilitates the investors in creating long-term investment benefits. Some of them are available here.

  • Record the Realtors and real estate brokers in Dubai.
  • They are facilitating licensing of the Dubai real estate societies.
  • Regulating and registering lease contracts
  • Published research-based papers for the property sectors
  • Regulate the advertising of properties in the mass media
  • Facilitate and license the real estate exhibitions making a suitable space for real estate deals and investment opportunities.
  • Guide all national and overseas real estate investors to create a lucrative investment.

RERA Dubai Major Forms

Maintaining transparency and credibility is of the utmost duty of the Dubai Real Estate Regulatory Authority. Moreover, three main forms help realtors make transparent real estate deals and investment opportunities.

Form A

Form A mainly deals with the listing agents and sellers to sell the properties transparently and credibly. The Form has several details and requirements that the listing agents and sellers must fill out to make the process legal—further, the information regarding financial details, like the mortgage and payment schedules and status.

Form A also includes the methods and ways to market the property. In fact, in which portals are the properties going to be advertised? This information is available in the Form. After signing Form A, it is approved by the DLD’s Trakheesi system.

Form B

The second Form, Form B, is a contract between the purchaser and the real estate agents. Further, the only aspect where investors should pay a keen interest is when choosing a professional realtor. However, the Rera contact number is available for authentic news and guidance. The Form is only applicable between the buyers and agents. So, the buyer’s agents fill out the Form, and the buyers sign the contract. In case of any queries or issues, investors and realtors can make a Dubai rera complaint.

RERA Form F

This Form s a contract between the purchaser and a seller/dealer of real estate properties. Moreover, if real estate investors are willing to purchase a villa and an apartment, they must use this Form. Further, without the Form, the transaction will be incomplete. The agreement covers the property details and the amount of the commission for the buyer’s and seller’s agents. Lastly, other in-depth information will be accessible from the officials. So, do contact at RERA contact number for further details.

Rera Smart Initiatives

Dubai real estate regulatory agency has made significant smart initiatives. Some of them are here to facilitate our readers in gaining valuable insight regarding real estate investment opportunities.

Dubai Rest App

All tenants, owners, and service providers are available in the app. Moreover, this helps create secure and profitable investments. Also, the app is viable for securing real estate transactions, and investors can get valuable information regarding the real estate markets.

Smart Investment Map (SIM)

SIM is the best initiative for all investors and realtors in Dubai for selling and renting purposes—also, the information regarding authentic and licensed properties is available at the portal. Further, the investors can choose the properties and communicate with the owners. Lastly, the investors can make transactions there as well. And for Dubai rera complaints, investors can visit the official website of the Dubai real estate regulatory agency.

Smart Judge Service

The smart judge service involves sharing and guiding regarding rental property rights and legal aspects. Moreover, investors and lenders can get the optimal and rightful information just in a matter of minutes. Therefore, information on the guidance and investment legal aspect is easily available at the portal.

Conclusion

The Dubai real estate regulatory agency is the governmental and legal entity facilitating real estate projects in Dubai. Moreover, organizations provide several services to realtors and investors where they can make profitable and sustainable investments. The best aspect is that it allows for making the most transparent and credible real estate transactions. All these services and guidance are vital for all real estate shareholders and realtors. So, gaining vital information from authorized professionals realtors can be accessible to the organization. For more details and guidance, make an appointment or explore the official website of Estate Land Marketing.

Share this: