Pakistan Property & Real Estate News
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- Islamabad: Alternative Arrangement
- PESHAWAR: Construction of drains completed in Mohmand Agency
- Lahore: Punjab notifies amended rules on land lease
- Karachi: House census work in Karachi
- Lahore: Parking plazas project dropped
- Islamabad: Senate committee takes notice of non-release of road funds
- Aashiyana Housing Scheme will be corruption-free: CM
- Islamabad: CDA working on residential sector for citizens
- Islamabad: CDA likely to go for auction of all plots, says spokesman
- Rawalpindi: 1,819 development schemes launched in Rawalpindi District
- Islamabad: CDA takes possession of strip in E-11 on SC directions
- Islamabad: CDA bonanza
- Islamabad: CDA launches 20 rain harvesting projects
- Islamabad: Land soon to be transferred
- Islamabad: 20 rain harvesting projects completed
- LDA razes four illegal buildings, seals others
- Islamabad: CDA to auction northern strip of E-11
- Islamabad: Completion of Zero Point Interchange project likely by June
- CDA to upgrade I-11 fruit & vegetable market
- SARRAN (AZAD KASHMIR): Construction of tourist huts
- Removal of structures from riverbanks a Herculean task
- Draw for Ashiana scheme on May 1: Shahbaz
- Karachi: Lack of progress on model village irks fishermen
- Flyover and park to be dedicated to Mehdi Hassan
- Mianwali: Work on more schools
- Karachi: 200-bed hospital to be built in Orangi Town
- Lahore: Plans for 3 more plazas
- Lahore: City to have nine more food streets
- Islamabad: SC summons CDA chairman in agricultural farms case
- Islamabad: 19000 acres of CDA still encroached upon
- Lahore: Ashiyana schemes in other districts from next month: CM
- Islamabad: SC hauls up CDA chairman in illegal use of farms land case
- Rawalpindi: Construction on children park challenged
- Islamabad: Call for innovative policies to manage land, water resources
- Rawalpindi: RDA to make Rawalpindi beautiful, green
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| Lahore: Parking plazas project dropped, Source |
LAHORE – Government has
dropped the idea of constructing over ten proposed park and ride
plazas in the City for indefinite period due to some technical reasons –
the major being insufficient funds, sources informed TheNation.
“Government postponed the construction of these proposed parking plazas
when the departments concerned have completed entire paper work of
these proposed parking plazas,” they added.
Although, government was desirous to construct such plazas in the City
but financial crunch in the country played key role in flopping this
project. “The government even has not enough funds for purchasing land
for the construction of parking plazas in some commercial areas of the
City. However, no official even higher authorities have any idea about
restarting the work on the project, they further added.
Sources in Tepa and LDA further told this scribe that the government had only made tall claims in this regard.
They further said that government just invited pre-qualifications from
the consultants only after announcing the construction of these plazas.
“No bids for the construction of any of the proposed plazas could be
invited by the government so far and announced projects are still in
files despite identifying the sites for the purpose”, the added.
They said that the official of LDA and Tepa justified their performance
by completing the entire file work including identifying the sites for
the proposed plazas.
The Tepa experts and engineers identified three sites for the
construction of such proposed plazas in Anarkali Bazaar including Neela
Gumbad Chowk, office of medicolegal and New Delhi Hotel, Barkat Market,
Moon Market Allama Iqbal Town, Bhati Chowk, Ichra Ferozpur Road, Model
Town Mor, District Courts and some other sites.
The authority had also planned to establish a central business district
(CBD) in the City comprising Jail Road, Main Boulevard, MM Alam Road,
segment of Hali Road and Sharah-e-Noor Jehan, Gulberg, for more
investment opportunities. But, unfortunately government started using
delaying tactics in release of funds and the work done by the LDA/Tepa
officials going in waste.