Punjab Province

Lahore: [ReNews Pakistan]
Punjab Central Business District Development Authority (PCBDDA) Chief Executive Officer Imran Amin has inspected major ongoing development projects, including CBD Walk, CBD Lake and NSIT City, to review construction progress and ensure the timely completion of the schemes.
During the visit, the CEO assessed the pace and quality of work at different project sites and received detailed briefings from project teams regarding the current status of construction activities. The inspection was aimed at monitoring adherence to approved timelines, identifying any possible delays and ensuring that development standards are being maintained.
Imran Amin stressed that all projects must be completed within the stipulated timeframe without compromising on quality. He said CBD Punjab’s development initiatives are an important part of Lahore’s modern urban and commercial transformation and must be delivered according to professional standards.
The CEO was accompanied by Executive Director Technical Riaz Hussain, Director Construction Asif Babar, Director Engineering Umar Hayat and Project Manager NSIT City Yasir Saifullah. Senior officials from CBD Punjab, National Engineering Services Pakistan (NESPAK) and project contractors were also present during the inspection.
Officials said the visit was part of the authority’s regular monitoring process to accelerate work on strategic infrastructure projects and ensure effective coordination among all stakeholders.
CBD Punjab is currently working on several key urban development schemes, including CBD Walk, CBD Lake and NSIT City. These projects are designed to strengthen Lahore’s commercial landscape, promote modern planning and support future business and investment activity in the city.

Lahore | ReNews Pakistan
The Punjab government has made online payment of property tax mandatory under the provincial budget for fiscal year 2026 27, introducing a major digital reform aimed at improving transparency, efficiency and accountability in tax collection.
Under the new policy, property owners across the province will no longer be allowed to pay property tax through manual or cash-based methods. Instead, all payments will be processed through digital platforms, including online banking and other approved electronic channels.
Officials said the decision is part of the provincial government’s broader plan to modernize revenue management and reduce irregularities in public finances. The move is also expected to limit administrative delays, improve record-keeping and reduce opportunities for corruption in tax collection.
According to the provincial administration, the reform follows the successful implementation of online payments for vehicle token tax, which is already being collected through digital banking channels in Punjab.
The government has also introduced an incentive for taxpayers by offering a 5 percent discount on property tax to individuals who assess their properties through the self-assessment mechanism announced in the budget.
Officials believe that the combination of mandatory online payments and self-assessment will encourage voluntary compliance, make the payment process easier for citizens and strengthen overall revenue collection.
The latest measure is being seen as an important step toward digital governance in Punjab and is expected to significantly change how property tax is assessed, paid and monitored across the province.

Multan | ReNews Pakistan
Multan’s real estate market is witnessing fresh activity as the Multan Development Authority moves ahead with auction plans for commercial and residential plots in various housing schemes.
According to the latest public notices listed by the authority, open auction activity is planned for plots situated in different MDA housing schemes. The move is expected to attract investors, builders and end users looking for legally documented property options in the city.
Real estate observers say official auctions can help bring more transparency to property transactions, especially at a time when buyers are becoming more careful about legal status, transfer procedures and development approvals.
Multan’s property market is also being supported by the growth of planned housing projects. DHA Multan remains one of the city’s major planned communities, with its large scale residential and commercial development continuing to influence investment activity in South Punjab.
Other approved housing societies and new private projects are also contributing to market movement, particularly in areas connected with Bosan Road, Mattital Road, Northern Bypass and other expanding corridors of the city.
Market experts believe that Multan is gradually moving from traditional property buying toward planned urban development. Demand is being shaped by better road connectivity, gated communities, commercial plots, apartment projects and increasing interest from overseas Pakistanis.
However, investors have been advised to verify the legal status of any housing scheme before buying plots or files. Checking MDA approval, layout plan status and ownership documents remains important to avoid investment risks.
Overall, Multan’s real estate sector appears to be moving through a development led phase, where official auctions, approved housing projects and expanding urban infrastructure are expected to remain key drivers of property activity.