"Capital Smart City: Another master piece from the Capital Smart City launched one of its kind innovative & futuristic development - One Capital Residence." " "Nova City Islamabad has announced Nova City World - Overseas Block for its valuable customers. This state-of-the-art complex will offer luxurious modern amenities. " "Smart City has signed a MoU with Surbana Jorung. This will boast the position of Silicon Valley. " " Surbana Jorung will also design Cultural Village and some other miscellaneous projects" "RUDN Enclave: Development work in RUDN Enclave is on full swing. FWO also started construction of proposed Rawalpindi Ring Road." "Lahore Smart City’s new partnership with Galeria Designs, Raees Fahim, and Faisal Rasul. The future looks bright for Signature Villas!" "Dr Daniel been assigned the task of designing One Capital Residences would surely give birth to an aesthetic giant amidst the twin cities." "Alhamdolillah, with the grace of almighty Allah 2xHybird Double Decker Busses reached safely at Capital Smart City." "Capital Smart City has taken a pivotal step towards water filtration. This the filtration plant of capacity 4.5 Million Gallons per Day (MGD)."
February 25, 2021
The number of real estate and construction companies reported

The number of real estate and construction companies reported a 32% increase in 2020

The real estate industry is experiencing a positive trend, as the Securities and Exchange Commission of Pakistan (SECP) reported 3,383 new companies belonging to the industry, showing a rise of 32 percent compared to 2019. The Commission has reported 2,365 new construction and real estate companies registered in 2020, 2,560 in 2019 and 2,022 in 2018, respectively. In 2020, SECP reported a total of 20,342 businesses. It was further announced that in 24 hours, nearly 40 percent (946) of the companies were registered, with the majority registered online. Experts were of the opinion that the reason behind the increase in the number of companies was the relief package provided to the construction sector by the government. In view of the distressing effect of Covid-19 on Pakistan’s economy, the government has announced relief packages for different sectors. Following a positive response, the government extended the Tax Amnesty Building Package deadline until 31 December 2021.

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