From Real Estate History
On November 14, 1884, New York State legislature passed the Tenement House Act, a landmark legislation aimed at improving the dreadful living conditions in immigrant tenements. The law mandated proper ventilation, minimum window requirements for every room, fire safety measures, and basic sanitation standards. This was the state's first comprehensive attempt to regulate tenement housing, which housed thousands of poor immigrant families in overcrowded and unsanitary conditions. The act required landlords to provide adequate light and air to all living spaces and established minimum room sizes, marking a significant step toward recognizing housing as a matter of public health and welfare.
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14 نومبر 1884 کو، نیویارک اسٹیٹ legislچر نے ٹینیمنٹ ہاؤس ایکٹ منظور کیا، جو تارکین وطن کی رہائشی عمارتوں میں خوفناک حالات کو بہتر بنانے کے لیے ایک تاریخی قانون تھا۔ اس قانون میں ہر کمرے کے لیے مناسب ہوا کشی، کم از کم کھڑکیوں کی شرائط، آگ سے بچاؤ کے اقدامات، اور بنیادی صفائی کے معیارات لازم کیے گئے تھے۔ یہ ریاست کی ٹینیمنٹ رہائش کو منظم کرنے کی پہلی جامع کوشش تھی، جہاں ہزاروں غریب مہاجر خاندان گنجان اور غیر صحت مند حالات میں رہ رہے تھے۔ اس ایکٹ نے زمین داروں پر تمام رہائشی جگہوں پر مناسب روشنی اور ہوا فراہم کرنا لازم کر دیا اور کم از کم کمرے کے سائز مقرر کیے، جو رہائش کو عوامی صحت اور بہبود کا معاملہ تسلیم کرنے کی جانب ایک اہم قدم تھا۔
On November 14, 1955, the Karachi Development Authority (KDA) officially launched North Nazimabad, Karachi's first properly planned residential township. Designed to accommodate the growing middle-class population in Pakistan's largest city, the project featured wide roads, proper drainage systems, designated commercial areas, and public parks. The township was planned with a gridiron pattern and included various block sizes to cater to different income groups. This development set new standards for urban planning in Pakistan and became a model for subsequent residential schemes in Karachi, demonstrating the government's commitment to organized urban expansion during the country's early years.
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14 نومبر 1955 کو کراچی ڈویلپمنٹ اتھارٹی نے شمالی ناظم آباد کے نام سے کراچی کے پہلے منصوبہ بند رہائشی ٹاؤن شپ کا باقاعدہ آغاز کیا۔ اس منصوبے میں چوڑی سڑکیں، مناسب نکاسی آب کے نظام، تجارتی زون اور عوامی پارک شامل تھے۔ یہ ٹاؤن شپ مختلف آمدنی والے طبقوں کے لیے مختلف سائز کے بلاکس پر مشتمل تھی۔ اس ترقی نے پاکستان میں شہری منصوبہ بندی کے نئے معیارات قائم کیے اور ملک کے ابتدائی سالوں میں منظم شہری توسیع کے عزم کا اظہار کیا۔
On 1 January 1959, the Cuban Revolution succeeded and Fidel Castro assumed power. It was a day that dealt one of the most severe blows in modern history to the concept of private property and real estate. In the immediate aftermath of the revolution, vast swathes of land, residential housing, commercial buildings, hotels, and industrial assets a...
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On November 5, 1987, the Government of Pakistan approved one of the largest informal settlement upgrading programs in South Asia, granting legal recognition and development support to thousands of low-income households living in Karachi's katchi abadis. The policy, supported by international urban development agencies, aimed to regularize slums, se...
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On November 19, 1991, the Shanghai Municipal Government enacted the Pudong Housing Modernization Blueprint one of the most transformative urban redevelopment plans of pre-WTO China. At a time when Shanghai was emerging as the country’s economic engine, housing shortages, dilapidated worker dormitories, and congested alley-neighborhoods threatened...
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On October 26, 2012, the Federal Reserve's quantitative easing programs significantly accelerated the US real estate recovery from the financial crisis. By purchasing mortgage-backed securities and keeping interest rates at historic lows, the Fed injected substantial liquidity into housing markets, making mortgages more affordable and stimulating p...
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On 10 January 1992, the formal construction of the Lahore Islamabad Motorway M2 was initiated in Pakistan. On this date, the project was officially launched and approved at the government level. This project proved to be the starting point of the modern motorway network concept in Pakistan. The Lahore Islamabad Motorway M2 was the country’s fi...
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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...
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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