That's LDA project right? like the business district one?
Yea PTI does need to start democratic principles internally. But PTI is not corrupt- at least not like PDM parties are. Hard to argue that there are not corrupt elements though. They definitely need to be cleaned out.
Let's not act all sanctimonious, those propping up Nawaz and his minions were acceptable when they were propping Imran Khan? At least to Imran Khan they were. I won't expect his cult followers to have any independent opinion on this conflicting with their great leader.
ot BS, f off man and stop trolling
Land grab at the behest of those who would fill PTI coffers, actually. Grabbing agricultural lands along the banks of Ravi and handing these over to real estate speculators and developers. is there no land other than agricultural land that could be developed in Punjab? Agricultural land is at a premium in a country whose ability to produce food is going to get hammered by climate change with declining crop yields. We need more arable land, not housing societies, posh lifestyle destinations, and two-bit skyscrapers in a country no one wants to invest in (pathetic law and order situation, property rights which are being trampled over in RUDA episode, and intellectual property rights). Make "business districts" (a country that barely produces anything of value for the world wants to erect business districts), business districts for what? Pretexts for land grab under glitzy slogans to befool supporters, nothing else. Try making business districts by abolishing establishments on Mall road and see if traders with deep pockets allow it to happen. The livelihood of poor farmers is easy to sacrifice for developing the illusion of progress for an out-of-touch middle and elite class.
New Recruit
The best part is we all know that in the end, the towers will be erected under the pretext of business district, then sold off as residential apartments to overseas Pakistan's who will then do squat with the apartments except wait for them to appreciate in value. Pakistani's wonder why we have such a consumer based economy, but what do you expect when all you build is residential towers and commercial plaza's without any industry base.
That's no BS, that's an actual fact. Ofcourse, you have the right to disagree. Disagree if you must and move on.
Well, even overseas Pakistanis (me being one) are not that stupid anymore. The sustained bouts of devaluation of PKR (that are again indirectly linked to real estate sapping the productive potential of the economy, lowering productivity thereby increasing reliance on food imports, expanding trade deficit and hence swelling current account deficit) have made the investment even in speculative heavens like real estate financially unviable for overseas Pakistanis. Interest rates in host countries are pretty high offering safer investment options. What actually happens with such projects is that in order for them to be developed, major inputs get imported (construction machinery, steel, paint, tiles, plumbing fixtures, etc). This puts pressure on the current account when you are not producing anything of worth for the world to offset the dollars you are bleeding to develop such BULLSHIT vanity projects. Young folks like @Ssan have bought the dogma hook, line, and sinker that Imran Khan is some uber visionary. They can't see how he is part of the problem just like his political opponents, not a solution. The worse is that he is also a hypocrite. Denouncing real estate "mafia" in one breath while also pimping for their interests in the shape of extractive undertakings like RUDA that are shrinking arable agricultural land in a country that is now importing 9 billion DOLLARS worth of food each year (only going to increase as climate change makes crop yields plummet in the coming years).
