"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)."
May 24, 2021
New Law To Protect Illegal Residential Schemes On Green Areas In Punjab

The Prime Minister Inaugurates The Lahore Central Business District At The Walton Airport Site

According to media sources, Prime Minister (PM) Imran Khan laid the foundation stone for the groundbreaking Central Business District (CBD) project at the Walton Airport site on Friday, expressing hope that this ‘out of the box’ plan would build resources to tackle fiscal and current account deficits.


The prime minister said that the project would amass the wealth that is desperately needed to pay off foreign loans accumulated in the past. He said that it was past time to increase the country’s revenue and reduce spending in order to close the deficits.


According to the details, a commercial district will be developed in the first phase, followed by a digital district and a residential district in the second and third phases. The plant, which will be inaugurated by Prime Minister Imran Khan in February 2021, will be fitted with new facilities, giving a significant boost to the country’s business activities.


Furthermore, PM Khan said that the Walton Airport will be de-notified soon and that an economic hub will be established in its place, which will include the development of several high-rise buildings along both Gulberg Main Boulevard and Ferozepur Road. He mentioned that the Lahore Central Business District would produce PKR 1,300 billion in the first phase, resulting in PKR 250 billion in tax revenue for the government.


Chief Minister Sardar Usman Buzdar announced during the ceremony that the Lahore Central Business District will be built on 300 acres of land within three years. He said that the project to be completed in 3 phases, first phase would include the acquisition of 128 acres, generating commercial activity of around Rs1,300 billion, followed by the development of a residential and digital district.


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