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Social

NYC Mayor Mamdani’s Former Apartment Sees 35 Percent Rent Increase

▫️After the citywide rent freeze, landlords are looking for legal ways to raise rents for new tenants in rent stabilized units

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Social

Royal Palm Golf and Country Club to be leased through auction foreign investors allowed to participate

▫️Pakistan Railways to Be Opened for Global Investors, Valuable Land to Be Offered to Private Sector, Minsister for Railways

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National

Neelum Jhelum Hydropower Project Suffers Rs 128 Billion Losses as Audit Exposes Operational and Financial Crisis

▫️Audit reveals Rs 267 billion in uninsured assets, missed power generation targets and growing liabilities that threaten the long term viability of the 969 megawatt hydropower project

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National

Approval Granted for Construction of a World Class Rs 16 Billion Convention and Expo Centre in Islamabad

▫️According to the approved PC I, the facility will have a covered area of approximately 270,000 square feet, with completion expected within 18 months

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Global

Sydney Property Market Under Pressure as Buyers Pull Back From Auctions After Tax Changes

▫️Auction clearance rate stays below 50 percent for the seventh consecutive week as experts cite a sharp fall in buyer confidence

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