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CDA Proposes Development of a Business District on Margalla Avenue

ISLAMABAD: According to sources within the Capital Development Authority (CDA), a new business district may soon be established on the recently constructed stretch of Margalla Avenue. 

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Specifically, the proposed district will be situated in Zone 1 of the avenue, as revealed by a member of the Planning Wing. 

During a recent CDA board meeting, officials were informed of the plan to create the business district.

According to details, the CDA owns a considerable amount of land in the area, estimated to be between 1,000 to 1,500 kanals, mostly located in Sector C-16. 

This land is slated to be used for mixed-use projects, with a focus on apartment complexes that will also be marketed to overseas Pakistanis.

 To help develop the area, the CDA is seeking the services of a consultant, with a preference for government-owned consulting firms.

If the proposal is approved, it will be the second business district in Islamabad, in addition to the already established Blue Area.

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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