Inauguration of Property Verification Center (PVC) in Islamabad for real estate fraud

DC Islamabad, Mr Hamza Shafqaat, dispatched Pakistan’s first state of the art online property verification Center (PVC). The capital organization on Wednesday began property confirmation to counter land-related fraud in the city, which took place at Facilitation Centre in the DC Office.

PVC is a joint venture of the capital administration and CDA, and a gateway has been made having records of land and housing societies of the CDA and the capital organization. People are also requested to utilize the CityApp dispatched by the organization.

According to the DC, overseas Pakistanis and residents in other parts of the country are the main victims of such land frauds in the capital, adding that greater part of these societies had either been announced unlawful or didn’t fall in the locale of Islamabad.

Ghouri Town is the greatest land/lodging fraud throughout the entire existence of the capital, the DC said, adding that it was illegal and the CDA had already mentioned it on its site yet individuals actually purchased land there.

Scores of illegal societies’ workplaces had been set up outside the capital to avoid legal action against them, he said, adding that Section 144 of the CrPC had been introduced in Islamabad concerning such societies.

In a bid to guarantee clarity in the real estate sector, the locale organization has disclosed the absolute first PVC, which will help individuals in putting resources into land undertakings and housing schemes that had been confirmed by the DC Office and pronounced legal according to the laws of the country.

Scores of illegal societies’ workplaces had been set up outside the capital to avoid legal action against them, he said, adding that Section 144 of the CrPC had been introduced in Islamabad concerning such societies.

In a bid to guarantee clarity in the real estate sector, the locale organization has disclosed the absolute first PVC, which will help individuals in putting resources into land undertakings and housing schemes that had been confirmed by the DC Office and pronounced legal according to the laws of the country.

Saudi Arabia to allow direct flights from Pakistan, says Federal Minister

As per reports in the media, Saudi specialists have chosen to lift the restriction on departures from six nations — Pakistan, India, Indonesia, Egypt, Brazil and Vietnam — and travelers from these nations will not be required to go through a 14-day quarantine in a third country.

 

Federal Minister Fawad Chaudhry, in a tweet, wrote that Saudi Arabia will allow direct flights from Pakistan, starting from 1^st December.

Saudi Arabia had imposed temporary restrictions on travel from the six nations who had not received two doses of Covid-19 vaccines in the realm.

A mandate, given by the Saudi Arabian General Authority of Civil Aviation to all airlines working in the realm’s air terminals, said: “Permitting direct entry to the kingdom from the Republic of Indonesia, Islamic Republic of Pakis­tan, Federal Republic of Brazil, Socialist Republic of Vietnam, Arab Republic of Egypt, (and) India, without the need to remain 14 days outside these nations prior to entering the realm.

5 Days Quarantine

“Institutional quarantine strategies should be applied for a time of 5 days, paying little mind to passengers’ vaccination status outside the realm, with the proceeded application of exemptions given in regards to certain groups in this matter…”

A representative for PIA said anybody keen on going to the realm should contact the airline for a ticket.

Unique business ideas you can start from home

 

Who does not want to earn and not wait for their pocket money to buy what they need? Living in an internet world with unlimited resources and opportunities, earning is not difficult now in the 21^st century.

While in international countries, youngsters start earning early in their teens with unique ideas, in a country like Pakistan, however, teenagers opt for the typical ways of earning that requires zero investment.

But now in an era of entrepreneurship and online businesses, there are a lot of creative and unique ideas that you can use to earn money.

There is no limit to talent in Pakistan but the lack of exposure to utilize their talent in the right way.

Here are a few ideas that might help you:

1. Online Thrift Stores

A new, yet fastest growing business idea is an online thrift store. People are buying items such as clothes, shoes, accessories, in bulk from their local thrift shops and selling them online mostly through Instagram. The customers mostly prefer them buying online from the comfort of their homes rather than going to the shop themselves, be it in prices double than the original.

There is also a new startup where you can upload the items you want to sell from your own closet and the interested customers will contact you.

 

2. Customized digital portraits

Art has always been admired and if you have a talent why let it waste? Customized digital portraits are attracting a large number of audience. People are using it in their wedding invites or just to gift it to a loved one.

Just make your page on Instagram now and start posting attractive content. Don’t forget to use the correct hashtags so it reaches maximum people.

3. Earn from gaming

Another unique idea that will give you great money in the long run, will be investing in a good gaming rig. Then begin streaming but be consistent and patient. If you plan on taking it further, you can earn an insane amount of money from gaming. Moreover, you will be in control and people will come to see you playing video games once you start marketing yourself.

 

4. Reselling Sneakers

In case you are a sneaker head and still not mindful of the sneaker business then you are on the losing side. Since in Pakistan shoe business is booming and individuals are contributing a huge number of rupees to get their hands on elite ones.

Moreover, people are finding the best picks from their local thrift stores and selling them with profit online.

In Pakistan, if you want to start a sneaker resale business, start with a low-profile. You don’t need to have the limited edition ones even at the start. But try not to go with the copied ones, since that’s illegal and also not worth it.

 

Pakistan’s first ever Drone Food Delivery ‘pandafly’, a great new initiative by Foodpanda

 

A leading online food and grocery delivery platform, foodpanda, introduced a customized drone which was successfully used on Friday to test food delivery.

Foodpanda Pakistan originally started with online food delivery and has over 15,000 restaurants available in top cities like Islamabad, Lahore, Karachi and Rawalpindi. Now it even offers grocery stores to shop from like Al-Fatah & Greenvalley. With the purpose of benefitting the people in the best way possible, foodpanda is now testing drone food delivery.

In association with the office of DCI (Deputy Commissioner Islamabad), the test flight of drone – named ‘pandafly’, took place in F-9 Park.

With the purpose of especially benefitting the customers living in the outskirts of the city and remote areas, the use of this advanced technology by foodpanda means faster deliveries will now be possible over longer distances.

Since they have limited food options in such local remote areas, with this drone, they will be able to order from main urban areas as well. The drone will drop off the parcel at the designated point in each zone, from where the foodpanda rider will pick the parcel and deliver it to the customer, completing the last mile of the delivery.

Communicating his perspectives, Deputy Commissioner Mohammad Hamza Shafqaat said: “E-commerce and the use of technology to serve the citizens is definitely the future and the Islamabad civil administration stands committed to supporting anyone who takes the initiative to provide greater convenience and facilities for the public.”

He said the district organization was taking on innovative advancements by launching the City App to offer 40 types of services in different areas to individuals, expanding its revenue collection from Rs4 billion to Rs10 billion annually.

Nauman Sikandar Mirza, the chief executive officer (CEO) of Foodpanda, at the launch said: “Foodpanda’s core ethos is to constantly innovate, stretch the limits and leverage technology to find great solutions for meeting the evolving needs of the people.

“Before we start actual drone deliveries for our customers, there are still many aspects that need to be thoroughly evaluated and locked in, including technical, operational and legal matters and we are vigorously addressing all these. The successful test flight and delivery today has been highly encouraging and proves we are on the right flight path.”

This a great example of how a company can keep progressing by using innovative methods to expand to all types of areas and maximum people rather than restricting to its initial target market. We hope to see such striking ideas in the future as well and for the proper start of this drone delivery initiative.

You might want to see carefully next time you spot something like this in the sky! Could be a UFO or maybe even you food delivery through pandafly!

 

STATE BANK OF PAKISTAN TAKES NECESSARY STEPS TO BOOST THE CONSTRUCTION SECTOR

 

The State Bank of Pakistan (SBP) has changed its capital ampleness guidelines to offer further help to the improvement of real estate sector by dividing the relevant risk weight on ventures of banks/development finance institutions (DFIs) in the units of Real Estate Investment Trusts (REITs).

The central bank brought down the appropriate risk weight from 200% to 100% on banks/DFIs’ interests in REITs, which raise financing from the overall population and organizations and convey these funds through investment in real estate properties.

This will enable the banks in promoting the development of real estate sector in the country, through the relevant changes in regulations banks/DFIs will now be able to increase their investments in real estate without having to grant a relatively large amount of capital.

It may not be out of place to specify that SBP has been finding a number of administrative ways to improve banks/DFIs’ cooperation in such areas through their financing and venture exercises, in accordance with the public authority’s different initiatives for the advancement of housing and development area.

Besides, the SBP has permitted the banks to count their investments in shares/units/bonds/TFCs/Sukuks given by REIT the executives organizations towards accomplishment of their targets for construction and housing finance. The changes in SBP’s capital sufficiency guidelines will facilitate banks to contribute towards a well-working capital market for the real estate sector.