News

You can find some important news related to property, I m sure it will help you to handle your investment in a better way.

CHAIRMAN D.H.A. LAHORE HAS BEEN CHANGED (24-09-2005)

Major General Shafaat-ul-Shah has been appointed as the Cor Commander of Lahore who is also the Chairman of DHA Lahore.

According to “The News”, he was commissioned in 1971 in Baloach Regiment. He is graduate of Staff College Kimberley (UK) and National Defence College Islamabad. He has varied experience of command staff and instructional appointments. He has commanded an infantry brigade and a division. Presently he is the Military Secretary to the President.

STATELIFE & NFC2 (19-09-2005)

BAD week for State life 2 and NFC2. Many weak holders just cant hold those files any more.
State Life had annual general meeting and at that meeting no announcement was made about ballot for phase 2 and phase 2 ext.
People are now even more concerned that rest of the land for ext may not be available because nothing was said ballot after the meeting.Files falling hard for ph 2 and extension.
Phase 2 1 kanal down 1 lac to 9.5 lacs
Phase 2 10 Marla down 50 thousands to 5.60 lacs
Phase 2 1 kanal down 75 thousands to just 6.5 lacs only
Keep in mind in second week of March same file for State Life 1 kanal phase 2 ext file was selling at 17-18 lacs.

Ch Mujahid Yasin
001-6302999664 Chicago USA

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NEWS FROM LAHORE (19-09-2005)
38 storey building has gone under construction on the main boulevard, gulberg by a european firm.

I.T tower by urban developers is also about to be launched soon, site office is currently U/C, on site which is adjacent to Fazal Trade centre(behind pace).

I broke news of shiek zayed center being cancelled last month, but project just may happen, but will take some time, the 91 kanal plot has been empty for the last 20 years and homeless people have occupied it and are not leaving the land.

A private firm has brought the village of ladhke neewain (2700 acres) for 5.8 billion ruppees, they will be launching a posh housing project soon.

Imax center on mm alam road construction is in full swing and will open on 14th august 2006.

Bahria are preparing to launch 2 big projects in lahore soon, one on raiwind road and other lake view city.

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