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First Modern Condominium Legislation Enacted

On October 22, 1963, groundbreaking condominium legislation was enacted, creating the legal framework for individual ownership of units within multi-story residential buildings. Th......

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Penn Central Declared Bankrupt, Forcing Restructuring of Its Real Estate Assets

Penn Central, one of America’s major railroad companies, declared bankruptcy. Beyond its rail network, the company held extensive interests in land, terminals, hotels and railway-l......

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Punjab Assembly Passed Landmark Law for Development Authority Properties

The Punjab Assembly passed the Management and Transfer of Properties by Development Authorities Act 2014, a law aimed at making the management, transfer and leasing of public deve......

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Maastricht Treaty Creates Unified European Property Market

On November 3, 1993, the implementation of the Maastricht Treaty revolutionized European real estate markets by establishing the framework for a unified property investment zone. T......

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Paris Prepares for Historic COP21 Climate Agreement

On November 2, 2015, world leaders and climate experts gathered in Paris to finalize the framework for the COP21 Climate Agreement, a landmark initiative aimed at limiting global t......

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Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

The acquisition of land for the Model Town Society was one of the most remarkable and spirited chapters in its early history. Dewan Khem Chand and his...

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 Where Did the 500 Acres of Model Town Land Go (Episode 5)

Where Did the 500 Acres of Model Town Land Go (Episode 5)

Between 1921 and 1924, the land for Model Town Lahore was acquired in successive phases. The process began in 1921, shortly after the establishment of...

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