From Real Estate History
On October 9, 1874, representatives from twenty-two nations gathered in Bern, Switzerland, to establish the Universal Postal Union (UPU) — a pioneering global framework that standardized international mail exchange. By creating a single postal territory, the UPU laid the groundwork for today’s address systems, property documentation by post, cadastral recordkeeping, and urban communication networks.
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9 اکتوبر 1874 کو سوئٹزرلینڈ کے شہر برن میں بائیس ممالک کے نمائندے جمع ہوئے تاکہ یونیورسل پوسٹل یونین (UPU) قائم کی جا سکے۔ ایک تاریخی عالمی فریم ورک جس نے بین الاقوامی ڈاک کے تبادلے کو منظم اور معیاری بنایا۔ اس اتحاد نے دنیا کو ایک ’’واحد ڈاکیاتی خطہ‘‘ (Single Postal Territory) میں تبدیل کر کے جدید پتہ جاتی نظام، زمین و جائیداد کی ڈاک کے ذریعے دستاویز بندی، کڈاسٹرل ریکارڈنگ، اور شہری مواصلاتی ڈھانچے کی بنیاد رکھی۔
On October 9, 1888, the Washington Monument in Washington D.C. was officially opened to the public. Standing 555 feet tall, it was the tallest man-made structure in the world until the completion of the Eiffel Tower in 1889. Its construction, delayed for decades due to funding issues and the American Civil War, became a lasting symbol of civic vision, architectural endurance, and national identity.
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9 اکتوبر 1888 کو امریکہ کے دارالحکومت واشنگٹن ڈی سی میں واقع واشنگٹن مونومنٹ عوام کے لیے باضابطہ طور پر کھول دیا گیا۔ یہ 555 فٹ بلند تاریخی یادگار اُس وقت دنیا کی سب سے اونچی انسانی تعمیر تھی، جب تک 1889 میں ایفل ٹاور مکمل نہیں ہوا۔ اس کی تعمیر کئی دہائیوں تک فنڈز کی کمی اور امریکی خانہ جنگی کے باعث رکی رہی، لیکن بالآخر یہ شہری عزم، فنِ تعمیر اور قومی شناخت کی علامت بن گئی۔
On October 26, 2018, blockchain technology began transforming real estate transactions through pilot programs testing property tokenization and smart contracts. This innovation promised to revolutionize property ownership transfers, title management, and transaction recording by creating immutable, transparent digital ledgers. Early adopters explor...
Read More →On October 26, 2005, the US housing bubble reached its zenith, marking the peak of unsustainable price growth that would soon trigger the global financial crisis. Property values had soared to unprecedented levels driven by speculative investments, subprime lending practices, and financial innovations that masked underlying risks. The market showed...
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On October 28, 2020, Pakistan implemented a comprehensive COVID-19 recovery package specifically targeting the construction sector to stimulate economic revival amid the pandemic. The government initiative included tax incentives, subsidized financing, streamlined approval processes, and legal protections to accelerate construction activity and gen...
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On October 27, 1835, the first official institutional mortgage system emerged in the United States through 'Terminating Building Societies' (TBS), marking a revolutionary shift from informal property transactions to structured home financing. These societies pooled member resources to provide systematic mortgage lending, establishing foundational p...
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London:On 21 January 1878, the ancient Egyptian stone obelisk known as Cleopatra’s Needle formally became part of London’s public and urban landscape. On this date, the monument was opened to the public following its complete installation at Victoria Embankment on the banks of the River Thames. The obelisk was originally created around 1450 ...
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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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