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To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [ 1 ] [ 2 ] In 2017, the housing gap in Punjab , one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047.
Defence I is located within the Islamabad–Rawalpindi metropolitan area between Potohar Avenue [3] and Bahria Town Phase VII & VIII. This subdivision on its southwest abuts Soan River . A larger area acquired by the Defense Housing Authority just southwest of Phase I is named Sector F (formerly Phase 1 Extension ) and covers a total of 16,750 ...
[17] [18] As home to the GHQ of the Pakistan Army, Joint Staff Headquarters (JS HQ), and PAF Base Nur Khan, and with connections to the M-1 and M-2 motorways, Rawalpindi is a major logistics and transportation centre for northern Pakistan. [19] The city is also home to historic havelis and temples, and serves as a hub for tourists visiting ...
Later, in the same year, the Pakistan Army reasserted control over the property, offering a monthly rent of Rs 500 to his sisters, Fatima Jinnah and Shireen Jinnah. [ 2 ] [ 3 ] In 1959, during the presidency of Muhammad Ayub Khan , the house was sold to the Armed Forces of Pakistan for three and a half lakh rupees, with the proceeds deposited ...
Defence Housing Authority (DHA) (Urdu: ڈیفنس ہاؤسنگ اتھارٹی) is a Pakistan Army-administered real-estate developer that governs housing and municipal services for Defence neighbourhoods across Pakistan.
Bahria Town (Private) Limited (Urdu: بحریہ ٹاؤن) is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4] Its second gated community opened in Lahore. In 2015, it launched Bahria Town Karachi, the ...
Westridge is a residential area in Rawalpindi, Pakistan, which dates back to 1880 when the British Army first came into this area and established its cantonment in Rawalpindi, amongst a few other Military Units it set up here. [1] Initially, a few units of Signals Battalion were established here in 1916.
Malik Riaz Hussain (Urdu, Punjabi: ملک ریاض حسین; born February 8, 1954 [1] in Sialkot) is a Pakistani real estate tycoon who is the founder of Bahria Town, the largest privately held real estate development company in Pakistan. His real estate projects are associated with the concept of gated communities, where the residents are ...