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PLRA System Faces Technical Glitches, Severely Disrupting Property Transactions Across Punjab

PLRA System Faces Technical Glitches, Severely Disrupting Property Transactions Across Punjab

Lahore | ReNews Pakistan Property registration activities in Punjab are facing renewed difficulties as technical and system related issues involving the Punjab Land Records Authority (PLRA) and Federal Board of Revenue (FBR) continue to affect the processing of property transactions. The latest situation has created uncertainty among property buyers, sellers, deed writers and real-estate professionals, particularly over the generation and verification of challans required before a registry can be completed.

Govt Moves to Resolve Union Dispute Blocking Roosevelt Hotel Redevelopment in New York

Govt Moves to Resolve Union Dispute Blocking Roosevelt Hotel Redevelopment in New York

Islamabad | ReNews International Desk News The federal government has approved the formation of a negotiation committee to resolve a labour dispute involving the workers’ union of the Roosevelt Hotel in New York, a move aimed at clearing a major hurdle to the redevelopment of the property owned by Pakistan International Airlines’ investment arm.

Punjab Bans Excavation of Newly Constructed Roads, Orders Departments to Coordinate Development Work

Punjab Bans Excavation of Newly Constructed Roads, Orders Departments to Coordinate Development Work

Lahore | ReNews International Desk Punjab Chief Minister Maryam Nawaz Sharif has ordered a ban on excavation and other forms of damage to newly constructed roads across the province, directing government departments and public agencies to coordinate development work before roads are built or resurfaced.

FESCO, GEPCO and IESCO Restructuring: Government Establishes New SPV Company

FESCO, GEPCO and IESCO Restructuring: Government Establishes New SPV Company

Islamabad | ReNews Pakistan The government has established a new company named Special Purpose Vehicle (SPV) following approval of a restructuring plan for FESCO, GEPCO and IESCO.

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