ReNews Analytics

CDA Orders Prime Enclave to Halt All Development Over Approval Violations

▫️Authority warns of demolition, legal action and urges investors to verify NOC and layout plan before investing

Cement Industry Stabilises, But Growth Momentum Remains Limited

▫️Total cement dispatches for last fiscal year were exceed 50 million tonnes as local demand improves, but surplus production capacity continues to weigh on the industry

Karachi Orders Evacuation of 584 Unsafe Buildings Ahead of Monsoon Season

▫️Residents refusing to vacate may face disconnection of gas, electricity, and water services, while structurally unsafe buildings will be demolished after technical assessment

Pakistan Removes ML 1 Railway Project From CPEC, Seeks New International Financing

▫️Government tells lawmakers the $7.7 billion railway modernization project will now pursue funding from the Asian Development Bank and other multilateral lenders after being separated from the CPEC framework

Real Estate Investment and Market Trends in Pakistan: Opportunities, Challenges and the Road Ahead