Karachi, December 6, 2023 – The Association of Builders and Developers (ABAD) has vehemently opposed the recent increase in property valuation rates in Karachi, stating that the decision was made without consultation with ABAD, as announced by ABAD Chairman Asif Sumsum on Wednesday.
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UAE Real Estate Conglomerate Announces $25 Billion Investment in Pakistan
Karachi, November 10, 2023 – A consortium of real estate companies from the United Arab Emirates (UAE) has expressed its intent to invest a staggering $25 billion in Pakistan’s construction industry.
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DHA Multan Hopes for Abolishment of Section 7E of Income Tax Ordinance 2001
Karachi, October 13, 2023 – Brigadier Muhammad Shoeb Anwar Kiyani, the Administrator of the Defence Housing Authority (DHA) Multan, expressed his reservations about Section 7E of the Income Tax Ordinance 2001, calling it an unwise decision.
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Property Builders and Developers Demand Abolishing Section 7E
Karachi, October 9, 2023 – The Association of Builders and Developers (ABAD) of Pakistan has called upon the government to abolish Section 7E from the statute.
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Asif Sumsum Elected Chairman of ABAD for 2023-2024 Term
Karachi, September 30, 2023 – The Association of Builders and Developers (ABAD) has elected Asif Sumsum, a prominent builder and developer, as its chairman for the term 2023-2024.
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ABAD lodges complaints against police officials involved in land grabbing
Association of Builders and Developers (ABAD) Pakistan has lodged a complaint against police officials involved in land grabbing.
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Boycott results fall in steel prices: ABAD
KARACHI: Association of Builders and Developers of Pakistan (ABAD)’s boycott of steel purchase has brought positive result as steel manufacturers have brought down prices of steel to Rs271,000 from Rs345,000 per ton.
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Steel producers reject allegations of ABAD
ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has rejected allegations leveled by builders and developers regarding price hike of steel bars.
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Construction industry continues boycott steel purchase
KARACHI: Construction industry has continued boycott the purchase of steel bars in protest of high prices.
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Housing construction comes to halt in Pakistan on high steel prices
KARACHI: Housing constructions comes to a halt in Pakistan as an association on Wednesday decided to boycott purchasing steel due to high prices.
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