Karachi Division Real Estate News and Land Insights

Karachi | ReNews Pakistan
Renowned Pakistani economist and Next Capital Director Najam Ali has presented an important analysis of the country’s real estate sector, claiming that the total value of land and properties in DHA Karachi alone has nearly reached the combined market value of all major companies listed on the Pakistan Stock Exchange.
According to him, the situation reflects how a large share of national capital has shifted away from productive economic activity and into non productive assets.
Najam Ali, who studied at Harvard Business School and the University of Michigan, said in his analysis shared on social media platform X that the extraordinary rise in Pakistan’s real estate prices over the past several years was not the result of genuine economic growth or increased national output. Instead, he argued, it largely reflected untaxed capital and black money being invested in property.
He said investors preferred assets where capital could remain protected with limited scrutiny or taxation, turning land and property into one of the biggest shelters for wealth. According to him, this trend has damaged productive sectors, industry, exports and business investment, as capital continued to flow into land trading rather than new industries and job creation.
Najam Ali warned that ordinary citizens, particularly the middle class and salaried households, have borne the heaviest burden of this artificial rise in prices. He said residential plots and houses have become so expensive that hundreds of thousands of Pakistanis have lost the ability to buy a home in their own country, raising fears of a deeper housing crisis.
He also stressed that when large amounts of capital remain locked in non productive assets, the broader economy suffers through weaker economic growth, lower industrial output, fewer employment opportunities and reduced tax collection.
Economic circles say Ali’s analysis may trigger an important debate on investment trends in Pakistan’s real estate sector, the undocumented economy and the structure of the housing market. However, his comparison between the value of DHA Karachi properties and the total market value of the Pakistan Stock Exchange remains a personal economic estimate and has not been officially verified or independently confirmed.

Karachi | ReNews Pakistan
The government’s claim of reducing circular debt in the power sector has been termed misleading, as a new report says the debt has increased instead of declining during the first 10 months of fiscal year 2026.
According to a report issued by the Economic Policy and Business Development Think Tank, refinancing and recycling have not actually reduced circular debt. Instead, the debt has only been reshaped and temporarily pushed back through financial adjustments.
The report states that during the first 10 months of fiscal year 2026, new circular debt in the power sector increased by Rs 240 billion, taking the total to Rs 1,854 billion.
It further says that government institutions have shown a 23 percent reduction in the overall circular debt of the power sector, but this reduction appears to be the result of financial adjustment and refinancing rather than a real solution to the structural problem.
According to the think tank, expensive power purchase agreements, heavy capacity charges and the weak performance of electricity distribution companies remain the main reasons behind the power sector deficit.
The report added that finance adjustments are being used to temporarily suppress circular debt, but the continued rise in new debt shows that the financial crisis in the power sector remains unresolved.
Experts say sustainable reduction in circular debt will not be possible unless the government addresses power generation costs, capacity payments, line losses, bill recovery and governance issues in distribution companies.

Karachi: [ReNews Pakistan]
The Karachi administration has launched an emergency operation to evacuate hundreds of unsafe buildings across the city as part of a comprehensive safety plan ahead of the upcoming monsoon season. The move is aimed at preventing loss of life and property caused by the collapse of aging and structurally compromised buildings during heavy rainfall.
The decision was taken following a detailed briefing by the Sindh Building Control Authority (SBCA) to Karachi Commissioner Hassan Naqvi, who directed all relevant departments to immediately implement precautionary measures in vulnerable areas.
According to the SBCA, a total of 584 buildings across Karachi have been declared dangerous due to their deteriorating structural condition. Of these, 59 buildings have been categorized as highly dangerous, requiring immediate evacuation because they pose an imminent risk of collapse. The list also includes 29 heritage buildings, many of which have suffered decades of neglect and require urgent conservation alongside public safety measures.
District South has emerged as the most vulnerable area, accounting for 442 unsafe buildings, making it the city's largest concentration of dangerous structures. Other affected districts include District Central with 73 buildings, Keamari with 28, Korangi with 18, and District East with 16 buildings identified as unsafe.
The Karachi administration has instructed the SBCA to issue evacuation notices without delay and place prominent public warning signs on all identified buildings to alert residents and passersby about the potential danger.
Commissioner Hassan Naqvi stressed that protecting human life remains the administration's highest priority. He said buildings found to be beyond repair will be demolished after technical evaluations to eliminate the risk of collapse during the monsoon season.
Authorities have also warned that if occupants refuse to vacate highly dangerous buildings despite official notices, the government will seek assistance from utility providers to disconnect gas, electricity, and water supplies to enforce evacuation orders.
Officials believe these preventive measures are essential as Karachi has repeatedly witnessed building collapses during periods of intense rainfall, resulting in fatalities, injuries, and significant property damage. The administration has urged residents living in unsafe structures to cooperate with authorities and relocate immediately to avoid potential tragedies during the monsoon months.
The evacuation campaign forms part of the city's broader disaster preparedness strategy, with officials continuing inspections and monitoring vulnerable buildings to minimize risks before the arrival of heavy seasonal rains.