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National
Government Launches Housing Mortgage Scheme; Business Leaders Welcome Move, Urge Policy Adjustments in Line With Rising Construction Costs
▫️Experts call for increasing loan limit to Rs 30 million, propose lower markup rates and regulatory reforms
City District
37% Work Completed on Bhatti Chowk Underpass, Piling Reaches 85%
▫️Data Darbar pedestrian zone and Railway Station parking area enter final stages of completion
Social
DISCOs’ Losses Reach Rs141 Billion in Eight Months; Administrative Inefficiency and Power Theft Cited as Major Reasons
▫️Recoveries also decline by Rs32 billion, multi billion rupee deficit continues to pressure the national exchequer
Social
90 Percent Improvement Claimed in Pilgrims’ Residential Capacity This Year Amid Major Upgrades in Digital Systems and Housing Facilities
▫️DG Hajj says high quality buildings have been secured in four new sectors, including Jarwal, Nuzha, and Raia Bakhsh, in view of the increasing number of pilgrims
Global
Rising Taxes and Tight Regulations Weaken London Property Market Appeal, Says Financial Times Report
▫️Low taxation and investor friendly policies continue to drive Gulf investment towards Dubai and Abu Dhabi