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KRL Cooperative Housing Society- Islamabad Notice for opening plots transfer

September 21st, 2009 Comments off
Categories: Property News

Pakistan Property News: Sheikh Rashid concerned over fate of mega projects

September 21st, 2009 Comments off

: Sheikh Rashid concerned over fate of mega projects

Sardar Naseem claims embezzlement’s during previous government’s tenure led to stoppage of work

Saeed Ahmed
Former federal minister and chief of Awami Muslim League Sheikh Rashid Ahmed has expressed concern over the stoppage of work on all mega projects initiated during the tenure of previous government.

Talking to ‘The News,’ Sheikh Rashid said that he had initiated mega projects like construction of women and children’s hospital, Nullah Leh Expressway and Flood Control Plan, widening and expansion of Murree Road. However, work on all these projects have come to a standstill just because of the present government of Shahbaz Sharif in the province.

Sheikh Rashid stated that more than Rs1 billion were spent on the hospital project for women and children. However, the sitting government is not bothered at all because all the money spent on the project is going waste. “I would also like to ask the present government to change the name of Sheikh Rashid Expressway and resume the work on the project,” he added.

Sheikh said that the present government was least concerned with the problems of the masses. “The present rulers are only entangled in their own issues and are not bothered to resolve public grievances. Price hike, shortage of flour, sugar, unscheduled load shedding are an evident of sitting government’s performance,” he said.

Meanwhile, former MPA and prominent PML-N leader Sardar Nasim while commenting over the remarks of Sheikh Rasheed Ahmed said that why the mega projects were not completed during the full five-year tenure of PML-Q. He said the present governments are not responsible for abandoning the projects mentioned by Sheikh Rasheed. “Rather the truth is that lot of irregularities and corruption has been detected in the work carried out in these projects. Funds were embezzled in the name of projects. Higher estimates were prepared, just to achieve their vested interests,” Sardar Nasim claimed.

http://www.thenews.com.pk/daily_detail.asp?id=199426

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Pakistan Property News:Islamabad: CDA faces Rs 3.22bn shortfall, fund shortage hits mega projects

September 21st, 2009 Comments off

:: faces Rs 3.22bn shortfall, fund shortage hits mega projects

: faces Rs 3.22bn shortfall, fund shortage hits mega projects * Official document says Rs 1.076bn of Rs 4.3bn development package released so far By Muhammad Bilal : The current financial crunch has adversely affected the Development Package, as the capital’s authorities faces a shortfall of Rs 3.224 billion to carry out mega development projects. The official document presented to the National Assembly Standing Committee on the Interior shows that prime minister’s three-year (2006-09) development package was announced for the capital city to the tune of Rs 4.3 billion. However, the government has so far released only Rs 1.076 billion, showing a shortfall of Rs 3.224 billion. According to the document, 65 schemes have to be carried out in health, rural development, education and gas sectors. Five schemes with the allocation of Rs 282.243 million have to be carried out in health sector, 51 for rural development with Rs 740 million, four in education sector with Rs 3.149 billion and five in gas area with Rs 128.414 million. The document says the Capital Territory’s (ICT) administration is facing constraints in improving law and order situation due to meagre budgetary resources. It says there are 140 madaris in the capital and of them, 122 are registered. According to the document, there are only 87 Auqaf mosques out of a total of 800 mosques in . Similarly, there are only two Auqaf imambargahs out of a total of 15 imambargahs in the city. In the document, the ICT administration reveals that the government has so far made an expenditure of Rs 110 million on the construction of Bari Imam Complex, showing 30 percent progress. The total cost of the project is Rs 641.5 million. The construction of Judicial Complex has been completed with the expenditure of Rs 344.94 million, while the work on construction of Revenue Service Centre at Golra has yet to begin due to site dispute. The document says the PC-I for acquisition of for construction of prison and training institutes for prisoners and prison staff at Malot has been sent to the Planning and Development Division for the approval of the Central Development Working Party (CDWP) and the Executive Committee of the National Economic Council (ECNEC). It says the government has allocated Rs 299.427 million for rural development schemes under Public Sector Development Programme (PSDP) for 21 different schemes. http://www.dailytimes.com.pk/default.asp…009_pg11_3
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Divine Gardens Lahore Development Update Pictures Sept 19 2009

September 19th, 2009 Comments off

Divine Gardens Development Update Sept 19 2009

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Ring Road Lahore Development Pictures of Sept 19 2009

September 19th, 2009 Comments off
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Commercial plots in Islamabadad Public Auction

September 19th, 2009 Comments off
Categories: Property News