As per the SBP regulations, in a bid to encourage construction and development investment in the region, Samba Bank announced a 'Naya Pakistan Housing and Construction Finance' scheme. Let’s see what are main highlights, requirements, and criteria for the scheme. Eligibility Criteria For Developers And Builders Builder/Developer must have experience of at least 3 years and a strong track...
It's the first time ever, Mr. Malik Riaz Sb inaugurated a society other than Bahria Town schemes of their own. Inauguration ceremony for the launch of Glow Park and Globe Estate & Builders in New Metro City Saria Alamgir. Team Globe Estate was also awarded with the Best Performance Award. Chairman of BSM Developers Malik Farrukh Shahzad Sb, mother of CEO Janab Bilal Sb & Executive Director Zaroon...
In Karachi, Sindh, Pakistan, the Karachi Circular Railway is a partially active regional public transit system that serves the metropolitan area of Karachi. Between 1969 and 1999, KCR was entirely operative. The reconstruction of the railway infrastructure and the restarting of the system have been pursued since 2001. The KCR partly resumed operations in November 2020. On November 19, the long-proposed...
According to officials at the Hub Pak Salt Refinery, a new salt refinery to be set up in an industrial zone in southern Pakistan will be the world's largest refinery in size and make Pakistan the third largest salt processor on the globe. Today, on the west coast of Mexico's Baja California Peninsula, the world's biggest salt-making factory is near Guerrero Negro. It occupies 86,500 acres of land and...
Top official sources reported to The News quoting the signed minutes of the 9th JCC meeting under the China Pakistan Economic Corridor (CPEC) held here in Islamabad on November 5, 2019, while quoting the signed minutes of the 9th JCC meeting under the China Pakistan Economic Corridor (CPEC) held here in Islamabad on November 5, 2019, revealed that the two sides acknowledged that financing had always been a...
Real estate is a major and growing industry in Pakistan, and Pakistan spends $5.2 billion on construction, and this is an important growth in Pakistan's real estate market. Despite the improvement, we have seen many people in Pakistan still lack primary living facilities, i.e. houses. It thus clearly demonstrates that there is a great need for growth in the real estate market so that all sources of income...
For the last week, smog has been covering the plains of Punjab. The toxic air has made it impossible for individuals to breathe. Farmers have also been banned from burning crop residue by the provincial government. The government has ordered the closing of thousands of brick kilns in 18 districts throughout the province in a similar effort. Officials state that if the Punjab kilns were not moved to...
Gwadar Golf City has gotten NOC from GDA. Yes! Now you can invest in GCC and get better ROI. Gwadar Golf City, which was launched in 2018 by BSM Developers, has multiple blocks, from which basic Block A and B infrastructure work is almost complete. In addition, the front entrance, underground cables, and the location of the residential and industrial plots have also been installed. Installations have...