I filed an I-130 for my wife on Dec'14 2006 and then filed an I-129(f) on Feb 1st after receiving the NOA1
Yesterday I got an approval notice for both applications and they state the following:

I129(f)
It says that "The above petition has been approved. We have sent the original visa petition to the Department of State National Visa Center (NYC), 32 Rochester Avenue , Portsmouth, NH 03801 - 2909. NVC Processes all approved immigrant visa petitions that need consular action. It also determines which consular post is the appropriate consulate to complete visa processing NVC will then forward the approved petition t o that consulate."

I-130
It says that "The above petition has been approved . The petition indicates that the person for whom you are petitioning is i n the
United States and will apply for adjustment of status . He or she should contact the local INS office to obtain Form I-485, Application for permanent residence. A copy of this notice should be submitted with the application."
If the person for whom you are petitioning decides to apply. for a visa outside the United States based on this petition, the petitioner should file Form 1-824, Application for Action on an Approved Application or Petition, with this office to request that we send the petition to the Department of State National Visa Center (NVC).

Now, the biggest problem is that my wife is still in Pakistan and I have no idea why the I-130 says she is here.
Now I am confused as to what my plan should be, should I continue with the K-3 and when she gets here process the I-130? is that the fastest way for me?
help:

The approval notice for your I-130 says what it does because they assume your wife will be entering the US on a K-3 visa and will adjust status after she's entered the US. That is what most people entering on a K-3 do.

You can pursue the I-130/CR1 if you wish and have your wife return to her home country for the I-130/CR1 interview at a later date by filing I-824, which costs $200 and takes up to six months to process. Most people following the K-3 route find it easier to adjust status, but you do have the option of pursuing the CR1 visa.

If you go the normal route and decide to adjust status once she's entered the US, you do not need to do anything further with the I-130. You will include a copy of the I-130 approval notice (2nd NOA) in your petition to adjust status.

Hope this helps.

Thank you very much for your help, I have also scheduled an appointment with an immigration officer this wek to ask the same question.
I do have another question that if I continue the K3 route, can she get a SSN when she enters US so she can get on my health insurance? I plan on trying for a children and would like her to be on my Medical insurance.
I appreaciate your help

This is one of the pitfalls of the K-3 non-immigrant visa. She won't be able to apply for a SSN until she has work authorization. Most people file for EAD (employment authorization) at the same time they file for Adjustment of Status (green card). EAD takes a couple months to process. I've been told you can file for EAD before filing for AOS, but that's not the usual order of doing things. Once she has work authorization, she can apply for a SSN at a local office. http://www.ssa.gov/pubs/10096.html

If you end up deciding to go the I-130/CR1 route, she can apply for a SSN on the DS-230 immigrant application form itself. From what I've read, however, this doesn't always work and some have ended up having to reapply at a local office anyway.

If you talk to your insurance company and explain the situation, perhaps they'll let you add her to your plan pending an SSN. Some people have had no problems being added without an SSN, while other insurance companies have been real stick-in-the-muds about it. If your company demands a SSN and you can't wait a bit to have her added, you might want to look into switching companies or finding low-cost insurance for her as a temporary measure.

Congrats!!

Congrats!!

CONGRATULATIONS!!!

THANK YOU VERY MUCH!!!!