AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

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.