CDA to have independent evaluator evaluate auctioned plot bids

CDA to have independent evaluator evaluate auctioned plot bids

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A news source said on February 10 that in Islamabad, the Capital Development Authority (CDA) has decided to have all of the bids for plots from the recent auction evaluated by a person who is not part of the CDA.

Read more with EL news: LHC fought unauthorized RWP housing constructions

Since there were a lot of questions about the 5,952 square yard plot in the F-7 part of Blue Area, the CDA decided to have all bids looked at before the next board meeting. The evaluator’s report will be given to the board for final approval, which was made clear. The task needs to be done by the independent evaluator within a week.

The news source said that the CDA must present the bids to the board for final approval because that is what the rules say. The most recent auction was called the largest one ever, and 42 plots brought in PKR 41 billion for the government. Concerns were raised, though, about the way the prices for the reserved seats were set. The worry was about how a plot in F-7 can be sold for less than a plot in the F-8 or F-9 section.

Syed Asif Raza, a spokesman for the CDA, said that the auction is done according to rules and laws. He went on to say that the auction is held openly and according to a formula that is already in place.

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how can oversea buy a plot in kingdom valley naya pakistan housing scheme

How can Overseas buy a Plot in Kingdom Valley

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How can Overseas buy a Plot in Kingdom Valley?

A futuristic way of living is what Islamabad is for Pakistanis, especially those who live in the cities of Islamabad and Rawalpindi. As we all know, Pakistanis who live outside the country are a great thing for the country, and the kingdom valley is here to help them. The blocks are one of the best things about the company for its foreign investors. So, if you want to buy a plot in this block, keep reading.

Kingdom Valley

Islamabad and Rawalpindi are home to Kingdom Valley Islamabad, a cooperative housing society for people living in both cities. It makes it a good investment for people who live in both cities. This housing project is also part of the Naya Pakistan Housing Scheme, a government housing project. Residents of Islamabad and Rawalpindi, as well as other citizens of Pakistan, will be helped by this housing project. They can buy the house of their dreams at an affordable rate.

NOC Status

No Objection Certificate is very important for investors and future residents to trust. The Kingdom Valley is part of a government housing project called the Naya Pakistan Housing Scheme, and it has legal status because it is part of that project. This legality also ensures that the development will happen soon in this area.

Overseas Executive Block in Kingdom Valley

The master plan for kingdom valley has everything you need, from comfort to luxuries, all in one place. It also has to make sure that Pakistanis who live outside of Pakistan feel special. And, to help with that, the country has set up an office block for foreigners. The block has all the amenities and facilities that a resident could want for a better living standard because we all know that Pakistanis who live outside the country are a big part of the country’s wealth.

The executive blocks in the kingdom valley have parks, malls, healthcare units, mosques, schools, and graveyards. Furthermore, there are a lot of plots for Pakistanis who live outside of Pakistan. So that the investors don’t have to worry about paying all at once, there is a 4-year instalment plan. A down payment and a fee must also be paid when you vote. Finally, the plot size for an overseas foreigner is 8 marlas, 12 marlas, and 16 marlas.

How to book a plot in Kingdom Valley?

There are a lot of different plot sizes in the kingdom valley that can be used for the overseas executive block. Their payment plan is also cheap and easy to pay because it comes in instalments. Besides that, a plot of eight marlas in an overseas executive block costs PKR 1,500,000/-. The price for the 12 marlas plot is PKR 2,100,000/-, or about PKR 210,000. In the end, the price of a plot of land with 16 marlas worth of land is PKR 2,800,000.

A 10% down payment is required at the start of the process, and then some money is due during the vote. Also, corner plots, plots facing a park, and plots on the main road will cost more because they are in a good place. In addition, if the property is on the main road, a 15% payment is due. To buy a home in this block, you must pay all these fees.

Overseas Executive Block Payment Plan

Also Read: How can Overseas buy Plot in Park View City?

Documents You Need to Buy a Plot

To buy a house in this country, you need to have a few things. These are how they work:

  • A copy of the buyer’s CNIC and the CNIC of the person next to them.
  • One that fits in a Passport Picture.
  • There is a booking fee.

There are some things to think about before investing in this housing project. Before anything, make sure that you pay all of your debts on time, so you won’t have any trouble getting the property. Second, the available plots usually sell out quickly. So if you start investing now, it will be a good idea. Finally, the kind of facilities this block has is great, so it’s a must to invest here.

Another reason to invest in this housing community is that it is great. The Kingdom Valley Islamabad location is very easy to get to because it is near the Islamabad International Airport and the M2-motorway (Lahore-Islamabad). These are important things for people who live outside of the country, and they can get them because of Islamabad.

Conclusion

People who invest in the kingdom valley of Islamabad will get a lot out of it. People love that it’s in a good location and cheap. Furthermore, this housing society is also giving help to people from other countries. It is why this housing group has an executive block in an overseas location where all amenities, from comfort to luxury, are available. In addition to paying for plots, there is also a payment plan. It doesn’t matter if you’re an investor inside or outside the country. This housing community is a must for everyone. Anyone interested in purchasing a property in the Kingdom Valley can easily contact our dedicated agents at Estate Land Marketing.

 

 

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Army guarantees the safety of Diamer-Bhasha dam contractors

Army guarantees the safety of Diamer-Bhasha dam contractors

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With building works underway concurrently at eight locations, the Pakistan Army assured project officials, laborers, and contractors working on the $14 billion Diamer-Bhasha dam on Sunday of a safe and secure working environment that will ensure the dam’s completion on schedule – in 2028-29.

According to an official release, Commander 10 Corps Lt Gen Sahir Shamshad Mirza and retired Lt Gen Muzammil Hussain, chairman of the Pakistan Water and Power Development Authority (Wapda), visited the multi-purpose dam to inspect the building progress.

General Manager Land Acquisition and Resettlement of Wapda retired Brig Shoaib Taqi, General Manager Diamer-Bhasha dam project Muhammad Yousuf Rao, and representatives of consultants and contractors presented presentations on development operations.

During the briefing on the Diamer-Bhasha dam, project officials reported that development is currently occurring concurrently on eight different sites. These comprised access roads, a permanent access bridge across the River Indus downstream of the main dam, the 21MW Tangir hydropower project, top-down excavation of the dam abutment, a diversion tunnel, a diversion canal, and a diversion canal diversion inlet, and a power intake.

Corps commander and Wapda chairman pay a visit to the Diamer-Bhasha dam to inspect construction progress. Gen Sahir Mirza reaffirmed the army’s support for the dam’s development and stated that his institution was committed to safe and secure surroundings in the project region to enable the project’s management to carry out construction activities successfully at all project locations.

The Wapda chairman and commander of 10 Corps paid a visit to several construction sites and expressed pleasantly with the progress on a project of critical national importance. The water storage and power generation project is being built on the Indus River, 40 kilometers downstream of Chilas and 180 kilometers upstream of the Tarbela dam.

Read more with EL news : The CDA approves a request to build two small dams

According to the Wapda chairman, the Diamer-Bhasha dam was one of the most critical projects for Pakistan’s continued development. It would provide water for agriculture, control floods, and create low-cost energy. As a result, he stated, required concerted efforts by all parties to complete the project by 2028-29.

Muzammil Hussain stated that the initiative would alter the nation’s destiny by stabilizing the economy and eliminating poverty. He noted that the project was already a game-changer for the people, with Rs78.5 billion being spent on different development programs in the project region as confidence-building measures (CBMs).

The project administrators informed visitors that CBMs in health, education, tourism, and infrastructure development were being taken to benefit the project area’s residents. They will create over 16,500 jobs during the project’s stage construction. Residents of the project area are given preference for employment, as approximately 3,200 locals have already been engaged by Wapda, the project’s consultants, and contractors.

Diamer-Bhasha dam will have a gross storage capacity of 8.1 million acre-feet (MAF), which will add 1.23 million acres of land. With a total installed capacity of 4500MW, the project will supply the national grid with more than 18 billion units per year.

The project’s construction will also increase the annual energy generation of existing hydel power stations, notably Tarbela and Ghazi Barotha, by 2.5 billion units. Additionally, the life of the Tarbela Dam, which has been critical to the country’s prosperity since 1974, would be extended by 35 years. The Army ensures the safety of contractors working on the Diamer-Bhasha dam.

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The govt is pondering PM's promised varsity in the G-5

The govt is pondering PM’s promised varsity in the G-5

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Govt pondering PM’s promised G-5 varsity. The govt is considering establishing the promised varsity for the Prime Minister in the G-5. The government considers operating a university out of the Sir Syed Memorial Building in G-5, rather than the PM’s House, as a stop-gap measure to fulfill Prime Minister Imran Khan’s inauguration speech vow.

According to sources, a meeting was held a few days ago between officials from the Higher Education Commission (HEC), the Capital Development Authority (CDA), and the Islamabad Capital Territory (ICT) administration to discuss the feasibility of establishing the university in the Sir Syed Memorial Society (SSMS) Complex in G-5 along Ataturk Avenue.

HEC is tasked with establishing the projected Pakistan University of Engineering and Emerging Technologies (PUEET). After inspecting the structure, the officials determined that it was suitable for the initiation of academic activity.

According to sources, HEC had also submitted two letters to the CDA requesting permission to lease the facility, and deputy director planning and development Asim Khanzada met with CDA member estate Naveed Elahi in this respect.

The university will be temporarily located in the Sir Syed Memorial Society building; officials will tour the complex and determine whether it is suitable for establishing the Pakistan University of Engineering and Emerging Technologies.

The meeting was informed that the building’s lease had ended and that the CDA should turn it over to the HEC for the interim establishment of PUEET.

Read more with EL news : The LHC requested the government submit a plan for the riverfront project

According to sources, officials from the HEC and CDA and ICT director Waqas Anwar and development and finance director Ali Asghar visited the complex and deemed it adequate to build the varsity.

According to HEC papers, the building is currently occupied by the Department of Archaeology and Museum, the National History and Literary Division, and the Sir Syed Memorial Society’s secretariat. From 2003 to 2018, the building was used by a private institution.

“They discovered the facility to be purpose-built for the interim establishment of a university. It is equipped with the following features: The total size is approximately 11,666 square yards (2.5 acres), with a covered area of 100,000 square feet,” according to the paperwork.

The structure features two open halls, a fully equipped theatre with 850 seats, a 20,000-square-foot service space.

The govt is considering establishing the promised varsity for the Prime Minister in the G-5.

According to HEC sources, the site visit with the Prime Minister’s Office via the Ministry of Education.

They stated that if the govt  approves the idea to construct the university in the building, it will serve as a temporary arrangement until the govt establishes a university on the PM House lawns. The govt is pondering PM’s promised varsity in the G-5

They stated that a new campus would be established at the cost of Rs23.55 billion in the long run, as approved recently by the Executive Committee of the National Economic Council (Ecnec).

Ecnec approved the project in principle in May, directing the Ministry of Planning and Development to rationalize its cost and resubmit for formal approval within three months. Later, the Planning Division reported a cost savings of a few million rupees, which Ecnec accepted.

Ayesha Ikram, the HEC’s spokesperson, could not be reached for comment; nevertheless, a senior commission official confirmed that personnel had visited the complex, adding that the HEC had communicated its findings to the federal govt.

The Aligarh Old Boys’ Association established the Sir Syed Memorial Society in 1984 as a homage to Sir Syed Ahmed Khan. In addition, the CDA has set up 24 kanals along Ataturk Avenue in G-5 to construct an auditorium, library, reading rooms, and museum.

Later in the complex’s history, the society rented a substantial chunk to a private institution vacated in 2018.

The govt is considering establishing the promised varsity for the Prime Minister in the G-5.

When contacted, Syed Ahmed Masood, who oversees the Sir Syed Memorial Society’s operations, stated that the building was the society’s property and was not intended for the institution. However, he said that if the govt required it for an interim period, it might rent the premises.

He stated that the building could not be transferred to another organization because it was the society’s property. The govt is pondering PM’s promised varsity in the G-5.

“We are willing to cooperate with the govt if it wishes to rent the premises, but we would reject any attempt to transfer ownership of the building,” he stated.

The govt is pondering PM’s promised varsity in the G-5.

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The government approves a Rs20.7 billion project linked to KCR

The government approves a Rs20.7 billion project linked to KCR

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The government approves a Rs20.7 billion project linked to KCR. The government approved a Rs20.7 billion project on Friday to ensure smooth traffic flow along the unfinished Karachi Circular Railway (KCR). This scheme is still in its infancy and will take time to complete.

The statement issued by the finance ministry, the Executive Committee of the National Economic Council (ECNEC) approved a summary presented by the Planning Commission for the construction of an infrastructure to eliminate level crossings on the KCR’s loop section.

Finance Minister Shaukat Tarin presided over the ECNEC meeting, which focused exclusively on constructing flyovers along the 29-kilometer KCR route.

At the scheduled meeting time, only two ECNEC cabinet members, including Tarin, were present.
The finance minister adjourned the meeting for a brief period before reconvening it. However, attendance remained low later on, and the Cabinet Division was required to obtain the consent of at least one minister before proceeding.

Read ECNEC approves Rs20.7 billion KCR infrastructure project: Umar.

According to sources, Tarin placed the blame for the low attendance squarely on the shoulders of the planning ministry. On the other hand, the planning secretary refused to accept responsibility, claiming that it was the Cabinet Division’s responsibility to complete the quorum.

It occurred despite Tarin’s earlier warnings to other ministers to attend meetings regularly and on time or risk having their memberships terminated.

The Supreme Court directed that the contract for the Rs20.7 billion project be awarded to the Frontier Works Organisation (FWO) without a competitive bidding process.
The railways’ ministry will sponsor and implement the project.

It calls for the construction of flyovers and underpasses along the KCR’s route, thereby preventing the need for 22 level crossings.

According to the finance ministry, the project’s rationalized cost is Rs20.7 billion on a cost-sharing basis.
Asad Umar, the Minister of Planning, announced that the KCR infrastructure project would be inaugurated next week with Prime Minister Imran Khan as the chief guest.

The previous PML-N government intended to build the KCR as part of the China-Pakistan Economic Corridor (CPEC), but the ruling PTI has decided to finance it privately.

Read more with EL news : The ADB expects a 4% growth in Pakistan in FY22

Prime Minister Imran Khan has included the project in the Rs736 billion Karachi package.

The government has decided to finance the Karachi package projects through three mechanisms: the Public Sector Development Programme (PSDP), Supreme Court funds, and public-private partnerships (PPPs).

The Rs300 billion KCR would be built largely with private sector assistance on a build-operate-transfer (BOT) basis, in addition to using Rs50 billion in funds deposited with the SC by a real estate developer.

During the CPEC’s tenth Joint Cooperation Committee meeting, Pakistan urged China to invite its companies to participate in the BOT bidding process for the project’s construction.
According to a planning ministry official, the Public-Private Partnership Authority conducts the project’s technical feasibility study.

In March 2020, the Supreme Court ordered the KCR’s revival and the construction of infrastructures such as underpasses and overhead bridges at level crossings to ensure that the project did not disrupt road traffic.

In August of last year, the SC directed that the project be assigned to the FWO and completed within six months of the start of construction work.

Continue reading Sindh government commits Rs6 billion to KCR financing.

The FWO submitted a Rs4.9 billion PC-I for the project’s first phase in May and a Rs11.5 billion PC-I for the project’s second phase in July.

According to the project documents, we will complete the scheme in three phases over 23 months.

The Sindh government would make an upfront payment of Rs6 billion following the apex court’s instructions.

The Sindh chief minister had directed that the project’s fencing wall be constructed by Pakistan Railways for Rs1.3 billion.

The ECNEC also approved a recommendation by the Planning Commission that the Central Development Working Party (CDWP) be authorized to consider projects that the executive committee had agreed with the goal of cost rationalization.

If the rationalization exercise results in a cost reduction, the CDWP will approve such projects. They submit the status report to the ECNEC chairman for review.

If the project’s cost is revised upward, it will be resubmitted for approval to ECNEC. The CDWP is authorized to approve projects up to a value of Rs10 billion.

Keep up with Estate Land Marketing for news and updates.

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Mahmood directs the removal of encroachments near rivers

Mahmood directs the removal of encroachments near rivers

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Mahmood directs the removal of encroachments near rivers. Mahmood Khan, the Peshawar division’s chief minister, asked appropriate officials on Monday to remove encroachments around rivers and canals in various sections of the division within a month.

According to a statement issued here, he presided over a conference convened to assess the Peshawar division’s development projects.

Members of parliament from Peshawar, Charsadda, Nowshera districts, and the Peshawar commissioner, and other senior officials attended the meeting.

According to the statement, after receiving complaints from lawmakers about encroachments along rivers and waterways in certain areas, the chief minister directed the Peshawar commissioner and public health engineering department to conduct an operation to remove all such encroachments within a month.

Read more with EL news : A land records monitoring cell has been established

Meeting of Chairs to assess the status of uplift programs.

They informed the conference that highlighted 62 public and development issues during the previous meeting regarding the Peshawar division, of which 25 were resolved, and 30 were in progress. But, unfortunately, seven were delayed due to technical reasons.

Mr. Khan recommended that all provincial ministers convene a monthly meeting with district MPAs and take meaningful steps to fix departmental issues.

To enhance sanitation services in Nowshera and Charsadda, the chief minister asked the local government department to submit viable ideas for setting up units similar to the Water Supply and Sanitation Company in both districts.

Additionally, he decided to convene a separate meeting to address power-related difficulties in various regions of Peshawar.

He directed the Peshawar Electric Supply Company’s chief executive officer and other key officials to ensure their attendance at the meeting. The removal of encroachments near rivers should be removed as soon as possible.

The chief minister asked the health department to design and submit a preliminary construction plan (PC-I) to renovate the Children’s Hospital Peshawar. Mahmood directs the removal of encroachments near rivers.

He directed the appropriate authorities to take required actions within a month to establish complaint cells in all tehsil municipal administrations to address citizens’ grievances about local government entities. The removal of encroachments near rivers should be removed as soon as possible.

He directed the concerned quarters to arrange a joint conference of the irrigation and agriculture departments to consider small dam command areas. The removal of encroachments near rivers should be removed as soon as possible.

He also asked the Nowshehra deputy commissioner to convene a meeting to discuss land acquisition concerns for district development projects and settle all such matters on a priority basis.

Mr. Khan also asked the Peshawar commissioner and the Charsadda deputy commissioner to clear encroachments from Shabqadar Bazaar within 15 days.

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After 32 years, college in Islamabad is still not functional

After 32 years, college in Islamabad is still not functional

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After 32 years, college in Islamabad is still not functional. Despite 32 years, a college established in Mera Begwal near Bhara Kahu has never opened its doors to students, as successive governments have never made significant attempts to make it function. However, local PTI MNA Khurram Shahzad Nawaz is now attempting to rehabilitate the college.

Residents have petitioned Prime Minister Imran Khan to investigate the matter.

The college is on the outskirts of Islamabad and has seen only one change in the last 32 years: the repair of its building by a public sector university in 2013-14. Since then, the problem has remained unresolved.

Residents and officials stated that a polytechnic institute on Peshawar Road in Rawalpindi was shuttered in 1977 after becoming a frequent site of protests. According to officials, the former administration closed the college and transformed it into an EME college to end the ongoing protests on Peshawar Road.

According to the MNA, a letter has been sent to the education minister requesting that classes begin.

In 1985, the government established a new polytechnic college in Islamabad, and residents donated 232 Kanals to the cause.

Although construction of the structure was completed in 1989, the college has yet to be inaugurated.

Allama Iqbal Open University (AIOU) began classes there in 2013 and also invested millions of rupees in the building’s refurbishment. However, later, the AIOU chose to withdraw from the initiative, even though it had nothing to do with technical education.

A meeting was recently held to debate the college’s future. MNAs Khurram Shahzad Nawaz and Ali Nawaz Awan, Parliamentary Secretary Education Wajiha Qamar, and education department officials attended the meeting. After 32 years, college in Islamabad is still not functional

The participants stated that the structure would house both a technical and a model college. In addition, a part of the structure could also be used as a hospital facility.

According to sources, following the meeting, MNA Khurram Nawaz wrote a letter to Federal Education Minister Shafqat Mahmood pleading with him to make the building operational. The letter, dated Sept 9, stated: “Your attention is invited to the restoration of the Mera Begwal building, which was constructed nearly 30 years ago to provide technical education to the community, but the building has remained abandoned, and the community’s hopes have been dashed.”

The statement conducted a meeting on August 31 to discuss the matter at the community’s request. As a result, the group voted to open the building as a degree completed a meeting and technical college for males according to the letter.

The Federal Directorate of Education would provide teaching and support staff, equipment, and minor building repairs and maintenance.

“Because the community gave 232 Kanals of land, would use the additional property to provide health services to the community. They will build a 200-bed hospital for this purpose.”

According to the letter, regular classes at the college will begin in March and August 2022.

“In this circumstance, please direct your team to speed the process of repairing and maintaining the facility, as well as completing other essential procedures, as quickly as possible, so that admissions can begin at the scheduled times,” the letter said.

On the other hand, a resident stated that previous attempts were made but were unsuccessful.

“The prime minister should pay attention to this matter. His lone order might bring the college back to life,” he explained. After 32 years, college in Islamabad is still not functional

The MNA stated that he had written a letter to the education minister declaring that he would rectify the matter that why college in Islamabad is still not functional

Keep up with Estate Land Marketing for news and updates.

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