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Tag: ABAD

ABAD House Pakistan

ABAD Strongly Rejects Increased Property Valuation Rates in Karachi

December 6, 2023December 6, 2023Shahnawaz Akhter

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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ABAD House Pakistan

UAE Real Estate Conglomerate Announces $25 Billion Investment in Pakistan

November 10, 2023November 10, 2023Shahnawaz Akhter

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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ABAD House Pakistan

DHA Multan Hopes for Abolishment of Section 7E of Income Tax Ordinance 2001

October 13, 2023October 13, 2023Shahnawaz Akhter

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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ABAD House Pakistan

Property Builders and Developers Demand Abolishing Section 7E

October 9, 2023October 9, 2023Shahnawaz Akhter

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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ABAD House Pakistan

Asif Sumsum Elected Chairman of ABAD for 2023-2024 Term

September 30, 2023September 30, 2023Shahnawaz Akhter

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 House Pakistan

ABAD lodges complaints against police officials involved in land grabbing

March 11, 2023March 11, 2023Hamza Shahnawaz

Association of Builders and Developers (ABAD) Pakistan has lodged a complaint against police officials involved in land grabbing.

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ABAD House Pakistan

Boycott results fall in steel prices: ABAD

March 2, 2023March 2, 2023Hamza Shahnawaz

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

Steel producers reject allegations of ABAD

February 25, 2023February 25, 2023Mrs. Anjum Shahnawaz

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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ABAD House Pakistan

Construction industry continues boycott steel purchase

February 24, 2023February 24, 2023Hamza Shahnawaz

KARACHI: Construction industry has continued boycott the purchase of steel bars in protest of high prices.

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ABAD House Pakistan

Housing construction comes to halt in Pakistan on high steel prices

February 9, 2023February 9, 2023Faisal Shahnawaz

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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