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Global
USA: Mortgage Rates Climb to Five Week High, Yet Homebuyers Return to the Market
▫️Mortgage applications rise 1.7% as buyers adjust to elevated borrowing costs and renewed economic uncertainty
City District
Malakand Real Estate: Market Stabilizes Amid Stricter FBR Monitoring and Swat Motorway Connectivity
▫️Commercial plots in Batkhela average Rs 76,000 per marla; government imposes strict regulations on riverbank construction for flood safety
Arazi Nama
National
Punjab Chief Minister to Visit Azerbaijan from May 17 to 20; Punjab’s Urban Development Model to Be Presented Globally
▫️Maryam Nawaz will represent Pakistan at the World Urban Forum in Baku, where Punjab’s flagship project “Apni Chhat, Apna Ghar” will be showcased
City District
Concerns Raised Over Design and Traffic Capacity of Karachi’s Longest Underpass
▫️Experts question absence of emergency lane in 1,080 metre tunnel type underpass, saying one breakdown could block traffic