BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb led a high-level review on expanding Pakistan’s REIT sector, signaling renewed policy focus on real estate investment trusts to deepen capital markets and attract broader investor participation. The virtual meeting, held on May 2, brought together senior government officials, regulators, and leading private …
Read More »FIR lodged against Faisal Town over alleged land fraud
Aftab Maken RAWALPINDI: The Rawalpindi Development Authority (RDA) has initiated a major legal crackdown against the management of the “Faisal Town” housing scheme, filing a formal First Information Report (FIR) over allegations of widespread fraud, illegal plot sales, and the violation of approved development plans. The FIR (No. 15/26) was …
Read More »CCP launches inquiry against Real Estate
Watchdog seeks public evidence as housing societies accused of using fake approvals and Islamabad’s name to mislead investors. BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated a formal inquiry into deceptive marketing practices in the real estate sector after uncovering widespread misrepresentation by several housing societies and …
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