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Making Murree Merrier

New developments could usher a new era of prosperity for the country’s favorite hill station

Namra Mansoor 05:13 PM | 11 Nov, 2015
Making Murree Merrier
Pakistan’s favorite holiday destination – Murree Hills – has finally received a green signal for development it has been awaiting for quite some time now.

Murree has long been a go-to destination for citizens looking to liven up their days in this scenic hill resort following exhaustion from months of routine chores.

Over the years, numerous commercial, retail, and accommodation facilities have sporadically sprung up along the route leading to Muree from Islamabad. This wayward development not only led to an increase in the area’s population and a subsequent rise in commercial activity, but also highlighted problems such as poor health facilities, inadequate sewerage systems and most importantly, inaccessibility of potable water.

Interested authorities

But the town’s fortunes appear to be changing for the better, with the area starting to garner the authorities’ attention. Last week, Prime Minister Nawaz Sharif directed the Punjab government to consider developing another expressway between Murree and Islamabad.

With a remarkable rise in tourist population in Murree, the town’s main Mall Road is almost always jam packed with tourists arriving from all corners of the country. Miles-long traffic jams are a norm in peak tourist seasons, and it was to counter this inconvenience that the PM asked the government to also consider running a cable-car service from Bastal to Pindi point and from Kotli Sattian to Patriata.

Nawaz also approved a PKR 7 billion-bulk water supply scheme for Murree that will hopefully resolve the area’s water woes. The development project will lay a 30 km-long water pipeline from River Jhelum to Murree in about 18 months.

To make up for limited water resources in the region, the government launched a rain water harvesting system last year to be installed in various government buildings across Muree. Though the programme somewhat helped the locals meet their needs by conserving large volumes of rainwater, the new pipeline is likely to end the area’s water problem for good.

Prosperous times

With a new set of roads leading to and running through the hill station and an end to the area’s water worries, immense prosperity is expected in and around Murree soon. The area’s viability and value is expected to grow even more with the construction of a now-approved all-purpose hospital near the general bus stand.

“Property prices in the hill resort town can increase by as much as 100% in a year if the government continues to allow and support urban construction in the area,” Hassan Cheenah, developer of Murree Modern Villages, told the country’s top property e-portal Zameen.com.

He said the price of a property measuring 1-kanal in Murree was PKR 400,000 when he launched the project in 2012. “The same-sized plot is selling for PKR 2,000,000 nowadays,” Cheenah added.

As improvements in health, sewage and transport infrastructure become a reality in Murree, experts foresee an even better future for the real estate sector in the area. The government has given a heads-up to all development authorities concerned, all that is needed is the right follow-up on the directions.

Namra Mansoor
Namra Mansoor

A social sciences graduate from LUMS with an interest in culture and socio-poilitical issues. You can contact her at its.namra01@gmail.com

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 03, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 272.25 273.25
Euro EUR 297.32 297.65
UK Pound Sterling GBP 333.31 333.61
U.A.E Dirham AED 73.03 73.33
Saudi Riyal SAR 71.49 71.80
Australian Dollar AUD 188.9 191.3
Bahrain Dinar BHD 712.73 720.73
Canadian Dollar CAD 200.95 203.15
China Yuan CNY 39.67 40.07
Danish Krone DKK 39.11 39.51
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 877.76 886.76
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.76 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.3

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 212,900 on Friday. The price of 10 grams of 24k gold was recorded at Rs182,530.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 212,900 PKR 2,420
Karachi PKR 212,900 PKR 2,420
Islamabad PKR 212,900 PKR 2,420
Peshawar PKR 212,900 PKR 2,420
Quetta PKR 212,900 PKR 2,420
Sialkot PKR 212,900 PKR 2,420
Attock PKR 212,900 PKR 2,420
Gujranwala PKR 212,900 PKR 2,420
Jehlum PKR 212,900 PKR 2,420
Multan PKR 212,900 PKR 2,420
Bahawalpur PKR 212,900 PKR 2,420
Gujrat PKR 212,900 PKR 2,420
Nawabshah PKR 212,900 PKR 2,420
Chakwal PKR 212,900 PKR 2,420
Hyderabad PKR 212,900 PKR 2,420
Nowshehra PKR 212,900 PKR 2,420
Sargodha PKR 212,900 PKR 2,420
Faisalabad PKR 212,900 PKR 2,420
Mirpur PKR 212,900 PKR 2,420

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