CategoriesNews Construction Developments Real Estate Urban Developments & Planning

Karachi’s Azeempura Flyover Set to Open After 100-Day Completion

KARACHI: Karachi is finally getting a new flyover. The Azeempura Flyover has been completed and will open to traffic within a week, Mayor Barrister Murtaza Wahab confirmed during a late-night inspection of the site.

The project was completed in 100 days, meeting a deadline set by Sindh Chief Minister Syed Murad Ali Shah. The main structure is fully built. Workers are now finishing the final touches, road surfacing, signage, and safety installations, before the bridge opens to the public.

The flyover connects Shahrah-e-Bhutto to the road leading toward Jinnah International Airport. This is one of Karachi’s most congested routes, and the new bridge is expected to ease traffic, especially during morning and evening rush hours.
The project was carried out by the Karachi Metropolitan Corporation (KMC) under the supervision of the Sindh government. Officials say this flyover is part of a larger plan to fix Karachi’s long-standing traffic problems. The city is also seeing work on signal-free corridors and road rehabilitation projects as part of the same drive.
Mayor Wahab confirmed the news on social media, saying the bridge construction is complete and the flyover will be opened for public use before the deadline.

For Karachi residents, this is welcome news. The city has struggled with severe traffic congestion for years, and infrastructure projects of this scale have often faced delays. Completing this one on time marks a rare and notable achievement for the city’s administration. The exact inauguration date has not been announced yet, but authorities expect it to be open within days.

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Federal Government Real Estate Management Authority
CategoriesNews Developments Economy Real Estate Urban Developments & Planning

NA Standing Committee Approves Bill to Establish Federal Government Real Estate Management Authority

ISLAMABAD: A National Assembly standing committee has formally recommended the creation of a dedicated Federal Government Real Estate Management Authority to oversee and optimise the management of state-owned properties across Pakistan.

The proposal, unanimously approved by the National Assembly Standing Committee on Cabinet Secretariat, has been forwarded to the National Assembly for full legislative passage.

The committee, chaired by Malik Ibrar Ahmad, convened to address longstanding concerns regarding the mismanagement and illegal occupation of government-owned land. Members highlighted that numerous federal properties remain either encroached upon or underutilised, failing to generate meaningful economic returns for the state despite holding considerable commercial value.

Malik Ibrar Ahmad underscored the gravity of the issue, noting that government-owned properties had been illegally occupied over extended periods. He cited the example of railway land recovered through intervention by the Standing Committee on Railways, noting that rapid urban expansion and commercial development have substantially increased the value of such assets in recent years.

The cabinet secretary informed committee members that the federal government holds an extensive portfolio of commercial, urban, and rural properties spread across the country. These assets are currently distributed among various ministries, divisions, and government organisations, resulting in fragmented oversight and widespread inefficiency. Previous efforts to improve returns from these holdings have largely yielded unsatisfactory outcomes.

The proposed authority would consolidate oversight responsibilities, managing, leasing, and supervising federal properties in accordance with government approvals, with a clear mandate to maximise economic utility.

In the same session, the committee approved several additional legislative proposals, including the Archival Material (Preservation and Export Control) Amendment Bill, 2026, the Abandoned Properties (Management) Amendment Bill, 2026, and the Oil and Gas Regulatory Authority (Amendment) Bill, 2026. Officials stated that these legislative measures collectively aim to strengthen governance, enhance administrative efficiency, and align legal frameworks with ongoing institutional reforms.

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CategoriesNews Construction Developments Real Estate Urban Developments & Planning

Peshawar Road Underpass Project Stalls as Monsoon Deadline Looms

RAWALPINDI: The Punjab Communication and Works (C&W) Department has yet to break ground on three planned underpasses along Peshawar Road, with the monsoon season now less than a month away.

The underpasses, to be built at Race Course Park, Army Graveyard, and Chairing Cross, are central to a 25-kilometre signal-free corridor linking the Islamabad Expressway to Motorway Chowk. Once operational, the corridor aims to cut travel time between the two points to 15โ€“20 minutes.

While the GPO Chowk interchange was completed last year and the Kutchery Chowk remodelling wrapped up in May, formal construction on the three remaining structures has not commenced. Completion is now projected in the next fiscal year.

Officials attribute the delay to ongoing preparatory work. The executing agency is prioritising drainage infrastructure and service road construction before excavation begins, so that monsoon rains do not disrupt the project mid-course.

Formal digging is expected to begin within one to two weeks, after which completion is estimated at two months. Traffic police have been asked to prepare a revised traffic management plan, and the Rawalpindi Cantonment Board has been directed to carry out patchwork on designated alternative routes.

On the utility front, Executive Engineer Qamar Saqib of the Punjab Highway Department confirmed that the relocation of Sui gas pipelines, telephone cables, and electricity infrastructure along the Race Course to Qadir Motors stretch has been completed.

Construction experts, however, warn that excavation during monsoon rains risks waterlogging in open trenches, potential rework, and restricted use of heavy machinery, all of which could extend timelines considerably.

Whether authorities can deliver within their stated window remains an open question for the thousands of commuters dependent on this corridor daily.

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Pakistan, ADB Set to Transform Railways
CategoriesNews Developments Economy Transport Urban Developments & Planning

Pakistan, ADB Set to Transform Railways with $1.2 Billion ML-1 Deal

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) have agreed to ensure the timely completion of documentation and procedural formalities to accelerate the implementation of the Main Line-1 (ML-1) railway project, with a focus on the Karachi-Rohri section.

A high-level meeting chaired by Minister for Economic Affairs Ahad Cheema reviewed the project’s implementation framework and deliberated on measures to fast-track progress. Secretary Economic Affairs Muhammad Humair Karim and Secretary Railways Mazhar Ali Shah briefed the participants on ongoing preparatory arrangements, while ADB Country Director Emma Fan and senior Bank officials also took part in the discussions.

The ADB is expected to approve a financing facility of approximately USD 1.2 billion to rehabilitate the Karachi-Rohri section of Pakistan Railways’ ML-1 project. The Bank is also planning to engage other development partners as co-financiers for the remaining corridor stretching from Karachi to Peshawar.

Minister Cheema directed the Ministry of Railways to accelerate the documentation process in close coordination with the ADB and the Economic Affairs Division. He underscored that Prime Minister Shehbaz Sharif is keen to hold the groundbreaking ceremony for the ML-1 project this year, and that securing ADB funding in the upcoming fiscal year remains a key government priority.

The Minister further instructed the Ministry of Railways to work in tandem with the Planning Division to ensure readiness of the PC-1 and all other mandatory project requirements, emphasising efficiency and transparency throughout the process.

ADB Country Director Emma Fan reaffirmed the Bank’s commitment to supporting Pakistan in expediting documentation and related formalities. She confirmed that the ADB would ensure the timely hiring of the PRF consultant and would endeavour to minimise the project review timeline.

ML-1 is regarded as a strategically significant initiative that will substantially improve freight movement and strengthen railway services nationwide.

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CategoriesSpecial Report Construction Developments Property Laws Real Estate Investment Urban Developments & Planning

Pakistan’s First Apartment Law: Inside the ICT Condominium (Ownership and Management) Act, 2026

ISLAMABAD โ€”ย For more than twenty years, people who bought apartments in Islamabad did so without any dedicated law to protect their ownership. Unlike those who bought a plot or a house, apartment buyers had no independent title in their own name.

Their rights were tied to whatever lease the developer held with the Capital Development Authority (CDA). If that lease was cancelled for any reason, buyers could find themselves with no legal recourse, regardless of how much money they had paid.

Pakistan’s parliament has finally moved to pass the Islamabad Capital Territory Condominium (Ownership and Management) Act, 2026, the first dedicated condominium law for the federal capital.

What the Law Actually Does

At its core, the Act does three things: it gives apartment owners a proper legal title, it creates a formal body to manage shared buildings, and it sets up a system to resolve disputes.

On ownership: Every unit sold in a condominium complex now confers exclusive ownership rights on the buyer. A formal Deed of Ownership containing details of the unit, common areas, value, and ownership percentage must be executed and registered with the Authority.

Builders are legally bound to provide this deed within three months of a sale. Critically, the buyer’s share in common areas, lobbies, staircases, car parking, and rooftops automatically transfers along with the unit. It cannot be separated.

On lease-hold properties: Many apartments in Islamabad sit on land that developers leased from the CDA rather than owned outright. The law now requires those developers to execute individual subleases for each unit and register them with the CDA.ย 

Once 50% of units are handed over to buyers, the developer must formally transfer the lease rights to the Association of Owners.

On collective management: The law makes it mandatory to form an Association of Owners for every condominium complex. This body, a minimum of five elected members, each serving a three-year term, takes on responsibility for maintaining the building, managing shared facilities, collecting maintenance contributions, and insuring the complex against fire, earthquakes, riots, and bomb blasts. Crucially, each unit owner gets one vote regardless of how many units they hold, preventing wealthier investors from dominating building decisions.

On enforcement: A federal Regulator will be designated by the government to receive complaints, inspect buildings, and issue binding decisions in disputes. If the Association of Owners fails to perform its duties, aggrieved owners or tenants can approach the Regulator directly. The Regulator’s decisions in unresolved disputes are final.

Pakistan’s Housing Crisis

Pakistan faces a housing shortage estimated at around 10 million units, while rapid urbanisation has intensified pressure on infrastructure, services, and farmland surrounding major cities. UN-Habitat notes that Pakistan’s urban population nearly doubled from 43 million to 75 million between 1998 and 2017.

Pakistan has historically relied on low-rise, plot-based housing development, unlike neighbouring India and many Gulf states, where vertical urban expansion has become more common in major cities.

Prime Minister Shehbaz Sharif, chairing a high-level meeting on housing sector reforms in May 2026, said the government would encourage high-rise buildings and vertical expansion in major cities as part of broader urban planning reforms, and directed authorities to digitise and automate housing-related processes to improve transparency and attract investment.

Officials also proposed mandatory registration with the Securities and Exchange Commission of Pakistan (SECP) for entities operating in the housing and development sector, alongside a proposed one-window system to protect the rights of developers, buyers, and other stakeholders.

The condominium law fits squarely within this direction. If vertical growth is to be encouraged, legal certainty for apartment buyers is not optional; it is a precondition.

Analyst Perspectives

Experts broadly welcome the legislation but point to significant implementation challenges. Investment advisors highlight 2026 as a turning point for property investment in Pakistan, with urban expansion, infrastructure projects, and growing overseas demand pointing toward market growth, but note that success depends on choosing developers who deliver on promises and provide international-standard living environments.

A recurring concern raised by observers is whether the Regulator, whose appointment is left to the Federal Government’s discretion, will be sufficiently independent and adequately resourced. The law grants the Regulator wide inspection and enforcement powers, but its effectiveness will depend entirely on how seriously the government treats that appointment.ย 

Similarly, the Association of Owners model only works if residents are willing and able to organise themselves, something that may prove difficult in buildings where a large share of units are held by absentee investors rather than resident owners.

Conclusion

The ICT Condominium Act, 2026, is a meaningful step forward for Pakistan’s urban property sector. It fills a legal vacuum that left apartment buyers in an unacceptably weak position for decades.

By establishing clear ownership titles, mandating owners’ associations, and creating a formal complaints mechanism, it lays the foundation for a healthier apartment market in the federal capital. The law has been written. The harder work begins now.

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References

Mehsud, R. (2026, May 14). Pakistan weighs high-rise housing push to curb urban sprawl, protect farmland. Arab News. https://www.arabnews.com/node/2643548

National Assembly of Pakistan. (2026). Islamabad Capital Territory Condominium (Ownership and Management) Act, 2026 [Bill text, as passed by the National Assembly].

Siddiqui, S. (2026, May 19). Bill on flats, shared building ownership tabled in the Senate. Bloom Pakistan. https://bloompakistan.com/bill-on-flats-shared-building-ownership-tabled-in-senate/

Nadeem ul Haque, N. (2026, May 6). Property title risks for apartments in Islamabad. Substack. https://nadeemulhaque.substack.com/p/property-title-risks-for-apartments

Wasay, A. (2026, January 26). National Assembly committee defers ICT condominium bill over officials’ absence. TechJuice. https://www.techjuice.pk/national-assembly-committee-defers-ict-condominium-bill-over-officials-absence/

Pakistan Moves to Regulate Housing Sector
CategoriesNews Real Estate Urban Developments & Planning

Pakistan Moves to Regulate Housing Sector Through Mandatory SECP Registration

ISLAMABAD: The federal government is considering making registration with the Securities and Exchange Commission of Pakistan (SECP) mandatory for all companies operating in the housing and development sector, as part of a broader push to bring transparency and regulatory oversight to the country’s largely unregulated real estate market.

The development came during a high-level meeting on housing sector reforms, chaired by Prime Minister Shehbaz Sharif, at which proposals to overhaul the sector were formally presented.

Pakistan faces a housing shortage estimated at around 10 million units, while rapid urbanisation has intensified pressure on infrastructure, services, and farmland surrounding major cities. Against this backdrop, the government has signalled its intent to pursue sweeping structural reforms.

Participants at the meeting were briefed that mandatory SECP registration would be introduced for all entities engaged in housing and development. A strategy is also to be formulated to curb unplanned urban expansion, while high-rise construction and vertical development will be encouraged in major cities.

The meeting further discussed master town planning for large urban centres and proposed establishing a one-window system to safeguard the rights of developers, buyers, and other stakeholders.

The government is also considering regulatory reforms to simplify procedures for credible developers and investors.

Addressing the meeting, Prime Minister Shehbaz Sharif underscored that housing sector reforms are an essential requirement given the country’s growing population. He reaffirmed that providing affordable housing for low-income groups and improving public facilities remain key government priorities.

The proposed measures, if enacted, are expected to instil greater investor confidence, curb fraudulent housing schemes, and provide a structured regulatory framework for one of Pakistan’s fastest-growing economic sectors.

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CategoriesNews Construction Developments Property Property Laws Real Estate Urban Developments & Planning

Big Relief for Developers as Court Allows Commercial Conversion of Karachi Residential Plots

KARACHI: The Federal Constitutional Court has lifted restrictions on converting residential plots for commercial and recreational use in Karachi, marking an important development for the cityโ€™s property and construction sectors.

The case was heard by a bench headed by Justice Aamer Farooq. The court disposed of a long-running matter related to illegal constructions in Karachi and removed earlier limits on changing residential plots into commercial properties.
However, the court made it clear that amenity plots cannot be converted. This means land reserved for parks, schools, hospitals, mosques, playgrounds, and graveyards will remain protected and cannot be used for commercial or residential purposes.

During the hearing, Justice Aamer Farooq observed that the court would not interfere in the work of institutions such as the Sindh Building Control Authority unless there was a clear violation of the law. The court also noted that affected parties may approach the relevant forum or the high court if they believe any rule has been violated.

Justice Arshad Hussain further remarked that officials who violate building regulations or planning laws would face legal action under existing laws.
The decision is expected to have a significant impact on Karachiโ€™s real estate market, where the use of residential areas for commercial activity has long been a disputed issue among developers, residents, and government authorities. While the ruling may open new business and construction opportunities, the protection of public-use land remains an important condition.

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CategoriesNews Construction Developments Real Estate Urban Developments & Planning

Rawalpindi completes Kachehri Chowk remodelling project

RAWALPINDI: Kachehri Chowk, one of Rawalpindiโ€™s busiest traffic points, has been renamed Marka-e-Haq Square following the completion of a major remodelling project aimed at improving traffic flow in the city.

Punjab Chief Minister Maryam Nawaz was scheduled to formally inaugurate the project on Sunday, May 10, 2026. The project, reportedly completed in six to seven months, was originally expected to take much longer.

The development includes two flyovers and three underpasses designed to reduce congestion for commuters travelling within Rawalpindi and between Rawalpindi and Islamabad. The project is expected to handle more than 250,000 vehicles daily, making movement easier for motorists using The Mall, Rashid Minhas Road, Jinnah Park, and nearby routes.

The remodelled Kachehri Chowk flyover and underpass have been named Marka-e-Haq, while other parts of the project include the Jinnah Underpass and Flyover, and the Iftikhar Janjua Underpass. A monument has also been established near Baggi Park as part of the development.

The project cost has been reported at around Rs. 19 billion. Frontier Works Organisation was involved in the work, with quality checks linked to the Punjab Communication and Works Department.

Security arrangements were made for the inauguration ceremony, with personnel from Rawalpindi Police, Elite Force, Special Branch, and district police deployed in the area.

Residents have welcomed the completion of the project, expressing hope that it will ease daily traffic problems and reduce travel time in one of the cityโ€™s most crowded areas.

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Solar Project Set to Turn Keenjhar Lake
CategoriesNews Developments Economy Investment Power/Energy Urban Developments & Planning

$243 Million Solar Project Set to Turn Keenjhar Lake Into a Power Plant

KARACHI: The Pakistani government has announced plans to develop a 500-megawatt floating solar power project at Keenjhar Lake in Sindh, marking a significant milestone in the country’s transition to clean, renewable energy. The project, estimated to cost $243.63 million, is projected to generate approximately 861.91 gigawatt-hours of electricity annually, operating at a capacity factor of 19.6%.

The electricity generated by the facility will be supplied to K-Electric under a long-term power purchase agreement. A letter of intent has already been secured from K-Electric, and the process to select Engineering, Procurement and Construction contractors through competitive bidding is currently underway. The Sindh Transmission and Dispatch Company has also signed a memorandum of understanding with GO Energy Private Limited to facilitate power transmission from the project site.

Situated 137 kilometres from Karachi on the surface of Keenjhar Lake, one of Sindh’s largest freshwater bodies, the project will utilise approximately 1,606 acres of the lake’s surface to accommodate nearly one million solar panels. The floating design offers dual advantages: it eliminates land acquisition challenges associated with conventional solar installations and leverages the natural cooling effect of water to improve panel efficiency and overall energy output.

The initiative aligns with Pakistan’s 2030 emissions reduction targets and is part of a broader national push to diversify energy sources and reduce dependence on costly imported fossil fuels. Construction is expected to commence in 2026, with commercial operations projected to begin by 2028. The project is also anticipated to generate significant employment during both the construction and operational phases.

However, the project has drawn concern from local fishing communities and environmentalists. As Keenjhar Lake falls within a designated Ramsar wetland site, experts have flagged potential risks to migratory bird habitats and local fisheries, underscoring the need for thorough environmental oversight throughout the project’s development.

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CategoriesNews Construction Urban Developments & Planning

Work on Sangjani Interchange to Be Fast-Tracked Ahead of July Deadline

ISLAMABAD: Interior Minister Mohsin Naqvi has directed the concerned authorities to complete the Sangjani Interchange on GT Road by July 31, 2026, as part of the Margalla Roadโ€“Motorway extension project in Islamabad.

During a visit to the project site, the minister reviewed the ongoing construction work and received a briefing from officials about the progress made so far. He instructed the relevant departments to speed up the work while ensuring quality standards are maintained.

The project covers a stretch of 2.7 kilometres and includes a three-lane road on both sides, along with a two-lane service road. Officials informed the minister that the project also includes the construction of a GT Road interchange, two underpasses, and a bridge.

The interchange is expected to improve traffic movement in the area and provide a smoother travel route for commuters using GT Road and nearby roads. Once completed, the project is likely to reduce traffic pressure and make daily travel easier for residents and road users.

Naqvi said public convenience should remain the main focus and directed officials to remove any hurdles causing delays. He stressed that the timely completion of the project would help improve connectivity and support better traffic management in the capital.

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