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National

Punjab Seeks World Bank Support to Expand 'Apni Chhat Apna Ghar' Housing Programme

▫️World Bank expresses interest in providing up to USD 100 million to strengthen affordable housing initiatives across Punjab

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Global

London: Real Estate Investor Jason Kow Acquires 100% Ownership of Queensgate Investments

▫️Marks a New Phase for Global Real Estate and Hospitality Investment; AlTi Tiedemann Oversees USD 77 Billion in Assets

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Global

Urban Partners and HIH Invest Acquire Hamburg Port Development Site for 77,000 Sqm Logistics Park

▫️Around 45,000 sqm has already been fully leased, while the remaining 32,000 sqm will be marketed to occupiers

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Social

Buyer Who Fails to Pay Balance Amount on Time Has No Right to Property Transfer: Rules Supreme Court

▫️The court says time is a fundamental element in property sale agreements and a seller cannot be bound by a contract indefinitely

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Social

Punjab Approves New Rules for Private Housing Schemes, Making All Approvals Digital

▫️Illegal schemes and projects that fail to complete development work on time may face daily fines ranging from Rs 5,000 to Rs 20,000.

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