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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.
When the master plan for Islamabad was drawn up in 1960, Islamabad and Rawalpindi, along with the adjoining areas, was to be integrated to form a large metropolitan area called Islamabad/Rawalpindi Metropolitan Area. The area would consist of the developing Islamabad, the old colonial cantonment city of Rawalpindi, and Margalla Hills National ...
Real Estate Real estate holding & development Islamabad: 1999 State-owned real estate developer S A PICIC Commercial Bank: Financials Banks Karachi: 1993 Defunct 2007, merged into NIB Bank: P D Port Qasim Authority: Industrials Transportation services Karachi: 1980 State-owned Port Qasim, Karachi seaport operations S A PTCL: Telecommunications
Real estate in Pakistan underwent a boom during the early and mid 2000s when Overseas Pakistanis started sending substantial amounts of their savings back home after 9/11. As of 2019, statistics reveal that an average 500 yards plot in DHA Islamabad is priced between ₨20-25 million. Pakistan's leading property portal "Zameen" reported in ...
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. [1] [2] The Defence Secretary is its chairman and it is managed by the Pakistan Army, just as other government housing ...
F-5, Islamabad; F-6, Islamabad; F-7 (Urdu: حلقہ ف ٧) is a sector of Islamabad.The sector is located at the foothills of Margalla Hills of Islamabad. It is well known for its markaz/commercial area named "Jinnah Super Market" which is one of the most recognized and iconic shopping areas of Islamabad.
The states of Hunza and Nagar were abolished and their territories merged into the Northern Areas in 1974. The Federally Administered Tribal Areas were formed from parts of the North West Frontier Province districts of Peshawar and Dera Ismail Khan in 1975. [citation needed] The status of the Islamabad area was changed to a capital territory in ...
Downtown Islamabad. Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP. [1] The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange ...