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Naqvi Announces Plans for High-Rises, Manhattan-Style City and Safari Park in Islamabad

Government will seek a 15% inventory share instead of land payments as it auctions plots for hotels, malls and housing projects.

Investors to be offered plots without upfront payment, with govt seeking 15% share of project inventory, says minister

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Federal Interior Minister Mohsin Naqvi on Friday announced the establishment of a new city in Islamabad on the model of Manhattan and special incentives for investors in the real estate sector. Speaking on the last day of the three-day Saudi Pakistan Real Estate Expo in Lake City, Lahore, Mohsin Naqvi said that the government will auction government land and commercial plots for hotels, shopping malls and residential projects in Islamabad in Dec…

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Independent Urdu broke the news on Friday, October 23, 2026.
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