Table of Contents

Punjab Revises Law to Check Racketeer of Construction Material

Lahore: The government of Punjab has revised the law to eradicate the construction materials smuggler. The new amendment bolsters the Price Control Council’s capacity to monitor hoarders of fines. Individuals responsible for fraudulently increased building material prices will also be pursued.

Read: PM Will Launch a Project of CPEC in GB Next Week, Says Murad

Sources claim that Punjab Chief Minister (CM) Sardar Usman Buzdar will preside over the pricing control council, which will oversee the imposition of fines and the filing of fees. It is also rumored that a decision was made to amend the law and the Price Control Council’s jurisdiction to prevent the price escalation of bricks, steel bars, and other building materials and discourage merchant hoarding.

Read: PKR 100 Billion Investment Expected in Lahore’s CBD in the First Year by PM

According to the new amendment, anyone who sells building goods at rates above those set by the government will be fined PKR 100,000 and imprisoned for three years. Notably, the government has just announced a 17% increase in the cost of building supplies. The move was made in response to the dollar’s parity with the rupee.

For further news and updates, please visit: Al Sadat Marketing

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

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.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *