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Global
High Mortgage Rates Weigh on US Housing Market as Builder Confidence Falls to 34
▫️37 Percent of Builders Cut Prices While 63 Percent Offer Sales Incentives to Buyers
Global
UK: Mayor Unveils Draft London Plan Targeting 558,000 New Homes by 2037 with New Affordable Housing Rules
▫️City Hall acknowledges the plan falls short of government assessed housing needs but says higher delivery will require long term investment beyond the current ten year framework
City District
LDA Allots Plot Numbers to Successful Applicants Under Easy Installment Scheme
▫️Computerized balloting completed for commercial and residential plots in Johar Town, LDA City, Allama Iqbal Town and LDA Enclave
City District
KDA Seeks Sindh Government Approval to Develop Rs 90 Billion Worth of Land Through Public Private Partnerships
▫️KDA says the revenue will be used to fund pensions, salaries and financial recovery, while employees fear valuable public assets could pass into private control
City District
Sindh High Court Orders Status Quo in Mohatta Palace Adjacent Construction Dispute
▫️Heritage authorities defend conditional approval, saying excavation was halted and strict safeguards imposed to protect the historic landmark