BR100 Decreased By (-0.31%)
BR30 Decreased By (-0.49%)
KSE100 Decreased By (-0.07%)
KSE30 Decreased By (-0.16%)
AGHA 7.70 No Change ▼ 0.00 (0%)
BECO 5.10 Decreased By ▼ -0.03 (-0.58%)
BML 56.70 Increased By ▲ 0.03 (0.05%)
BOP 33.72 Decreased By ▼ -0.03 (-0.09%)
CNERGY 10.04 Increased By ▲ 0.16 (1.62%)
CSIL 5.30 Increased By ▲ 0.01 (0.19%)
FCCL 53.00 Decreased By ▼ -0.09 (-0.17%)
FFL 16.55 Increased By ▲ 0.03 (0.18%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.22 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.01 (0.17%)
LOTCHEM 29.65 Increased By ▲ 0.34 (1.16%)
MLCF 91.24 Decreased By ▼ -0.92 (-1%)
NBP 200.55 Decreased By ▼ -1.06 (-0.53%)
NCPL 56.40 Decreased By ▼ -0.05 (-0.09%)
NPL 66.43 Decreased By ▼ -0.14 (-0.21%)
OGDC 317.34 Increased By ▲ 1.05 (0.33%)
PACE 10.47 Decreased By ▼ -0.01 (-0.1%)
PAEL 41.75 Decreased By ▼ -0.29 (-0.69%)
PIBTL 16.52 Increased By ▲ 0.11 (0.67%)
PPL 217.00 Increased By ▲ 0.16 (0.07%)
PRL 51.70 Increased By ▲ 0.84 (1.65%)
PTC 69.00 Decreased By ▼ -0.86 (-1.23%)
SSGC 26.70 Decreased By ▼ -0.28 (-1.04%)
TBL 9.61 Decreased By ▼ -0.12 (-1.23%)
TELE 8.59 Decreased By ▼ -0.06 (-0.69%)
TPL 18.00 Increased By ▲ 0.10 (0.56%)
TPLP 13.45 Increased By ▲ 0.06 (0.45%)
TREET 22.50 Decreased By ▼ -0.06 (-0.27%)
TRG 59.59 Increased By ▲ 0.33 (0.56%)
By

KARACHI: The Sindh and the federal governments have approved the draft Memorandum of Understanding (MoU) to be signed for the remodeling and development of Jahangir, Martin, Claytor and Pakistan Quarters Project.

The draft of the MoU was prepared by the Ministry of Housing & Works (federal govt) and the Sindh government in consultation with each other which Caretaker Sindh Chief Minister Former Justice Maqbool Baqar has approved, a CM House communiqué said here on Saturday.

As per the agreement between the two governments, federal and provincial, the MoU would be signed between Ministry of Housing & Works (federal govt), the Sindh government, and Karachi Metropolitan Corporation (KMC) for the implementation of ‘Remodeling and Development of Jahangir, Martin, Claytor and Pakistan Quarters Project’.

The old quarters have 335 acres of prime urban land in the middle of the city. At present, there exist government-built residential quarters that are mostly in dilapidated condition. These quarters were initially allotted to federal government employees when Karachi was the Federal Capital. After the capital was shifted from Karachi, the quarters were never retrieved from employees of the federal government.

Most quarters are still occupied by the families of such employees, and some of the quarters have been sold to third parties. There is no allotment or title deed available with any resident. The quarters have outlived their age and are in shabby conditions.

Similarly, land use considering the value of land is inefficient and is a challenge for service providers. Therefore, a MoU would be signed between the Federal and Sindh governments and the KMC for the development of the Jahangir, Martin, Clayton and Pakistan Quarters. The proposed project would see phase-wise development. In the first phase a comprehensive master plan would be prepared by the KMC. Also, potential sites on vacant land would be identified for the launch of a pilot project for construction of vertical housing structures. After the relocation of the existing residents into newly constructed structures, land would be retrieved and developed as per the master plan.

Comments

Comments are closed for this article.