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CDA: Commercial construction on Srinagar Highway approved

ISLAMABAD: The Capital Development Authority’s (CDA) Planning Wing approved the construction of commercial buildings on the Srinagar Highway on the unacquired right of way (ROW). 

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In line with the Master Plan of 1960, the CDA has acquired land in several areas of the federal capital to expand the ROW to 1,200 feet. 

According to the details, a portion of the unacquired area of ROW in Zone II will be allocated for commercial development. The civic authority has allotted this space in G-16 and G-17.

In addition, the authority has also decided to introduce a  commercialization charge of PKR 7,500 per square yard for commercial plots. Previously, a conversion fee was in place for the entire plot area. 

 

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Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

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