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Punjab Govt to Take Action Against Illegal Residential Societies

Islamabad: Prime Minister Imran Khan reportedly asked the Punjab government to take legal action against illegal housing societies that threaten people’s money and lives by selling flood lands.

Read: P2P Transaction Limit for Raast to Increase by SBP

The status of the Ravi Urban Development Authority (RUDA) and Central Business District (CBD) projects were discussed during a meeting presided over by PM Khan. Unmanaged and uncontrolled urban sprawl will have a severe effect on food security if green lands are turned into commercial and residential sectors.

In addition, the prime minister noted that the government is taking an environmentally sustainable approach to new constructions that would meet the demands of businesses and residents while preserving green spaces.

Read: Guidelines for Faisalabad Master Plan Approved by FDA

According to reports, the PM complimented the CBD team for attaining a revenue record of PKR 57.88 billion during two auctions of commercial land. He went on to explain that the RUDA and CBD projects give Pakistanis living abroad tremendous investment opportunities.

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Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

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