RDA Launches Crack Down Against Illegal Housing Societies in Rawalpindi

Rawalpindi Development Authority (RDA) is cracking down on illegal housing schemes at the directive of Director General Muhammad Saif Anwar Jappa.

The RDA has issued strict orders to take action against such schemes in accordance with the law.

The RDA spokesman stated that the authority has filed a First Information Report (FIR) against the owners of the illegal housing scheme called Rose Valley.

The Metropolitan Planning and Traffic Engineering (MPandTE) Directorate RDA has issued a notice against the owners who were misleading the public through social media by falsely claiming that the society was approved. The owners, Zafar Mushtaq, Sharjeel Ahmad, and Haris Iftikhar, have also been booked in the FIR.

Furthermore, the Director MPandTE RDA has also issued a demolition order against the illegal housing scheme.

Sponsors and advertisers have been warned of strict action and directed to immediately cease the marketing of the unapproved and illegal housing scheme. The RDA had previously issued notices to the owners of four other illegal private housing schemes, namely Pak Sar Zameen Town at Chakri Road, Century Town Housing Scheme, Rawat City Housing Scheme, and Al-Buraq Enclave Rawat.

The Director General has urged the authorities to take strict action against those who violate the rules. The public has also been advised not to invest in unapproved housing projects and check the status of the housing schemes before investing on RDA’s official website.

The RDA spokesman stated that the crackdown on the violators of the rules will continue, and strict action will be taken against unapproved housing societies.

Source: Pro Pakistani

CDA Demolishes 30 Houses in One of Islamabad’s Most Expensive Sectors

On the order of the Islamabad High Court, CDA’s grand operation against the occupants in Sector F-11.

CDA demolished 30 illegally built houses, 15 shops, and 11 boundary walls constructed on the government land. Government land worth billions of rupees was recovered in the operation.

On the direction of Chairman CDA Noor ul Amin Mengal, CDA Enforcement, Land and Rehabilitation, ICT Police and Islamabad administration are participating in the operation.

Last week, Member Estate and his team conducted a mega operation and removed all the illegal structures from park enclave phase III. 50 houses built on government land were demolished and four people were arrested for obstructing the operation. The operation aimed to remove encroachment from the acquired land

After the encroachments in the park enclave phase III, encroachments from phases I and II will also be removed.

Member Estate supervised the operation on the direction of Chairman CDA Capt. (Retd.) Noor-ul-Amin Mengal, Enforcement Directorate, Land and Restoration, Islamabad Administration, and ICT Police participated in the operation.

Source: Pro Pakistani

Multan-Sukkur Motorway Gets New Traffic Monitoring System

An automated transport monitoring system has been implemented on M5 Multan-Sukkur Motorway.

M5 will be the first motorway in Pakistan that has an automated transport system. According to the National Highway and Motorway Police (NHMP), the system features 269 cameras that will monitor all moving vehicles continuously.

IG NHMP stated that the system has been installed at 77 hotspots for overspeeding. He added that speed cams have been placed at five-kilometer intervals to constantly monitor the road and ensure action against any violation promptly.

Robotic Toll and Fine Collection Systems

In two years, the National Highways and Motorway Police (NHMP) will install Intelligent Transport System (ITS) on motorways M1, M2, M3, and M4.

An NHMP official announced in March that the Motorway Police has signed an agreement with the Frontier Works Organization (FWO) through the National Highway Authority (NHA) to implement ITS.

The source said that this new system will eliminate commuter motorway delays. He said motorists only pay fines and toll taxes when they exit the Lahore-Sialkot motorway, which is completely automated.

The official said that the ITS system sends challans to offenders who exit the motorway. He noted that there are a few obstacles in implementing this system in Pakistan.

He noted that, in some cases, multiple family members use one vehicle, making challan assignments difficult. ITS also has trouble finding unregistered vehicles with open letters.

He said an accurate and efficient ITS system needs a strong database. Despite challenges, the NHMP’s ITS system will be a major modernization step.

Source: Pro Pakistani

Installation of Synthetic Turf at National Hockey Stadium in the Doldrums

The installation of the new synthetic turf at the National Hockey Stadium in Lahore has been hampered by adverse weather conditions in the city.

The work on installation began in mid-April, with Sports Advisor Punjab, Wahab Riaz, inaugurating the project, which is estimated to cost around Rs. 160 million.

As per media reports, the blue synthetic turf was not properly attached to the ground, leading to fears that it would be heavily damaged by strong winds blowing it away.

However, officials from the Sports Board Punjab have claimed that the process is being carried out under the supervision of experts and is proceeding according to plan.

The blue synthetic turf, which has been approved by the International Hockey Federation (FIH), was procured from Belgium to bring the venue up to standard.

Last month, it was reported that the astroturf installed at Lala Ayub Hockey Sports Complex in Peshawar, which cost over Rs. 10 crores, was found to be substandard.

A five-member committee was tasked with investigating the faulty installation of the astroturf and was expected to submit its report within a month, but there has been no further progress on the matter.

In a letter to the director general of the PSB, Syed Zahir Shah noted that the turf’s surface exhibited noticeable signs of deterioration just one month after its installation.

Source: Pro Pakistani

PSX Set to Implement New Trading System

After the failed launch of the new trading system by the Pakistan Stock Exchange in late 2021, the PSX is once again all set to replace the 20-year-old Karachi Automated Trading System.

Official sources told ProPakistani that PSX will launch the new trading system (NTS), deemed necessary for the progress of the capital market in Pakistan, in the coming days.

Earlier in February, Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed met with representatives of the brokerage industry to deliberate the successful re-launch of the NTS.

The chairman and his team were apprised of the experiences, including the issues and challenges, faced by brokerage houses during mock tests of Jade Trading Terminal (JTT) and other ancillary systems that have recently been conducted by PSX to ensure successful testing of the functionalities and speed before going-live with NTS.

The PSX has been conducting mock sessions of the new trading systems for some time now. In a recent notice, the PSX announced that during the three market-wide mock sessions conducted in March and April this year, no issues were reported.

The mock sessions were conducted in coordination with the Pakistan Stock Brokers Association (PSBA) and TRE Certificate Holders/Securities Brokers (TRECHs). With the mock sessions now completed, the PSX has set a deadline of May 15 to go live with the new system.

The 2021 fiasco

Back in October 2021, the PSX launched the new trading system (NTS), which was procured from the Shenzhen Stock Exchange (SZSE). At the time of launch, PSX labeled it a state-of-the-art, robust, advanced trading and surveillance system having readiness for new products and additions.

The PSX held 18 mock sessions before go-live but reverted to the previous system i.e. Karachi Automated Trading System (KATS) within a matter of days after citing issued with the Jade Trading Terminal (JTT), the front-end Order Management System (OMS).

While reverting to KATS, PSX had expressed hope that the NTS will be implanted again within a few weeks once the matters concerning the front-end system are fully resolved. However, subsequently, the new system was never implemented again.

Source: Pro Pakistani