Punjab Province

Lahore | ReNews
The Punjab government has introduced a significant policy change that is set to reshape the real estate investment landscape across the province, particularly affecting investors dealing in low-cost land near major roads.
Under the LDA New Policy 2026, authorities have officially abolished the long-standing “free commercial rights” facility, a move that is expected to directly impact both property buyers and developers. A formal amendment has been made to the LDA Land Use Rules 2020, and a gazette notification has already been issued to enforce the new regulations.
Previously, investors widely used this policy to purchase inexpensive land located near planned or upcoming roads, anticipating future development. Once infrastructure projects were completed, such land could be converted into commercial property without additional charges—allowing investors to earn substantial profits.
However, under the revised rules, free conversion of residential land into commercial use is no longer permitted. Investors, developers, and housing societies will now be required to follow stricter regulations, effectively ending a popular speculative investment strategy. Real estate experts suggest that this change will significantly reduce profit margins for investors who relied on early-stage land purchases near structure plan roads. The inability to secure guaranteed commercial status in the future also introduces a higher level of uncertainty, increasing the overall risk associated with such investments.
Market analysts further warn that the property sector—especially in areas surrounding developing road networks—may experience a slowdown as investor interest declines. Locations such as Pine Avenue Extension and Neelum Road, previously considered prime for low-cost, high-return investments, are expected to be among the most affected.
The government, however, maintains that the decision is part of a broader effort to regulate urban growth. Officials state that the policy aims to curb illegal commercial expansion, promote planned development, prevent misuse of land regulations, and enhance transparency within the real estate sector. While the move is being viewed as a positive step toward sustainable urban planning, it poses immediate challenges for short-term investors who had been capitalizing on regulatory gaps for quick gains.
Industry observers believe that going forward, investment strategies in Punjab’s property market will need to shift toward more compliant and long-term approaches, as speculative opportunities continue to narrow under evolving regulations.

Lahore | ReNews Pakistan
The Office of the Punjab Ombudsman has provided significant financial relief exceeding Rs. 5.6 million to citizens affected by incorrect property tax challans issued by the Excise and Taxation Department.
According to an official spokesperson, several complaints were submitted to the Punjab Ombudsman Office, highlighting serious discrepancies in property records. These errors resulted in the issuance of faulty tax challans, causing undue financial burden on taxpayers.
Taking immediate notice of the matter, the Ombudsman directed the concerned authorities to conduct a transparent, merit-based review of all affected cases and ensure the correction of official property records. The Excise Department was further instructed to issue revised challans strictly in accordance with verified data.
Following these directives, the Punjab Excise and Taxation Department initiated a comprehensive rectification process, leading to the correction of erroneous challans across multiple cases.
As a result, affected citizens collectively received relief exceeding Rs. 5.6 million. Complainants appreciated the timely intervention of the Ombudsman, stating that swift administrative action not only resolved their grievances but also restored their confidence in the complaint redressal system.

Rawalpindi: ReNews Pakistan
The major remodeling project at Kachehry Chowk, one of the busiest areas in Rawalpindi, is nearing completion, with 80% of the work already finished.
According to officials from the Punjab Highways Department’s Rawalpindi office, work on the remaining 20% is progressing at a fast pace to ensure completion within the مقررہ timeline. Authorities stated that only 32 days are left for the project’s completion.
The project includes the construction of underpasses and flyovers at Katchehry Chowk, Iftikhar Janjua Chowk, and Jinnah Park Chowk. The main objective is to reduce traffic congestion and improve the flow of vehicles in the city.
Officials further stated that once completed, the project will significantly enhance traffic movement and provide relief to citizens facing daily commuting challenges.