Hazardous medical waste was found lying exposed inside the premises of the Karachi Metropolitan Corporation (KMC)-run Sobhraj Maternity Hospital, raising serious concerns about public health, environmental safety, and hospital waste management practices. According to reports, used syringes, cannulas, IV drip sets, plastic medical waste, and biological material, including human placenta, were discovered scattered in the...
The Pakistan Stock Exchange (PSX) extended its recent downturn on Friday, with the benchmark KSE-100 Index falling 1,264.14 points, or 0.74%, during the morning trading session as investor sentiment remained subdued. The index slipped to 170,475.30 points before trading was temporarily suspended for the routine Friday (Jummah) prayer break. After opening on a weaker note,...
The proposed Disco Bakery Flyover in Karachi has encountered major hurdles even before construction begins, as officials raise concerns over conflicts with the city’s upcoming K-IV water supply project and other ongoing infrastructure works. The development has sparked questions about whether the flyover should proceed as planned. Karachi Mayor Murtaza Wahab had announced that construction...
Based on everything that has surfaced ahead of FY2026-27 (Budget 2027), it may give relief to real estate; however, it is not the regular relief that Karachi investors assume. What could this mean for the real estate investors? It is designed to: Lower taxes on buying and selling property Reports indicate that the government is...
The Sindh government has issued a no-objection certificate (NOC) for the upcoming Aurat March in Karachi, but with a lengthy list of conditions covering participants’ clothing, slogans, speeches, and security arrangements. The march is scheduled to take place at Sea View on Mother’s Day, May 10. According to the official notification, organisers must ensure that...
Scheme 33 on the M-9 motorway: Karachi’s next big real estate frontier or a trap involving illegal societies and fake documentation? In scheme 33, buyers have files but no ownership. The reasons are that there are numerous unauthorised housing schemes. Many societies operate without proper approval (NOCs) from authorities. Some projects are built on encroached...
Karachi is quietly becoming the next harbour for the wealth shift as the Dubai dream crashes. Projects like DHA City Karachi and Bahria Town Karachi are attracting attention as the Middle East crisis deepens. Although Pakistan is currently facing the effects of the war, oil prices surged sharply due to disruptions in the Strait...
The real estate market in Karachi has seen a shift in buyer preferences. Karachiites are opting for smarter living, which offers them various amenities and, most importantly, security. Karachi faces major security concerns; hence, there is a rising demand for gated communities. Both families and overseas investors are mostly interested in such developments. They offer...
Despite being the economic hub, Karachi offers the lowest quality of life. Nevertheless, 10,000 people enter Karachi daily, according to 2022 statistics. This consistent influx contributes to its rapid expansion and a growing urban population that has now exceeded 20 million people. It indicates an ever-growing demand for properties and business opportunities. A megacity like...
According to the claims by Muttahida Qaumi Movement-Pakistan (MQM-P) leader Farooq Sattar, the removal of Sindh Governor Kamran Tessori, representing MQM (P), without any consultation with the party, gives “a clear message” that the federal government did not “need” the party anymore. Could this be the final blow? Pakistan Muslim League (N) leader and Karachi-based lawyer,...