Table of Contents

Rs 8 Billion Allocated for Karachi’s 19 Development Schemes

The Pakistan People’s Party-led Sindh government has earmarked Rs 8 billion in the provincial budget for fiscal year 2021-22 for a total of 19 infrastructure development initiatives in Karachi. This is almost Rs 6 billion more than what was allotted for the city in the preceding fiscal year.

Read More: Tax Regime Revision on Cards for Real Estate Sector

The allocation of Rs 8 billion for “Mega Schemes for Karachi City” in the provincial budget for 2021-22 is disproportionate given Karachi’s population and the amount of revenue the city generates to the provincial coffers.

According to budget records, the Sindh government has earmarked Rs8 billion for 13 new and six continuing big development programmes in Karachi for the upcoming fiscal year, compared to barely Rs1.94 billion for 19 large development schemes in the provincial capital for the current fiscal year 2020-21.

Read More: Court Orders Accomplishment of Work on Tube Wells in Peshawar

Even in his budget speech to the Sindh Assembly on Tuesday, Chief Minister Syed Murad Ali Shah criticised the performance of the elected set-up and praised administrators when he stated that the KMC and DMCs “of Karachi have been plagued with maladministration and poor resource generation for a very long time.”

For more information, please get in touch with Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World CityRudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom ValleyNew Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart CitySilver City Islamabad, The Life ResidenciaFaisal Town Islamabad, Islamabad Golf City, Islamabad 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

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published.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