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Founding of the Universal Postal Union (UPU)
Founding of the Universal Postal Union (UPU)

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, ca...

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Pakistan's Real Estate Regulatory Authority Becomes Operational
Pakistan's Real Estate Regulatory Authority Becomes Operational

On October 27, 2019, Pakistan's Real Estate Regulatory Authority (RERA) became fully operational, marking a significant milestone in the country's property market regulation. The authority established comprehensive frameworks for project registration, developer accountability, and consumer protection in the real estate sector. RERA introduced manda...

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Blockchain Technology Enters Real Estate Transactions
Blockchain Technology Enters Real Estate Transactions

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...

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First Recorded Urban Land Auction in Melbourne
First Recorded Urban Land Auction in Melbourne

On October 10, 1885, Melbourne witnessed one of the most significant property events in its urban history when the city hosted its first large scale public land auction in the growing suburbs south of the Yarra River. At that time, Melbourne was experiencing a remarkable economic and population boom driven by gold rush prosperity, migration, and in...

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Pakistan’s 1967 Urban Development Reform Modernized City Planning
Pakistan’s 1967 Urban Development Reform Modernized City Planning

On October 25, 1967, Pakistan introduced the Urban Development and Housing Reform Act, which marked a turning point in national city planning. The legislation established urban development authorities and zoning regulations for major cities like Karachi, Lahore, and Islamabad. It promoted structured urban growth, affordable housing, and better muni...

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