CDA receives Rs3.5bn on first day of auction

The Capital Development Authority (CDA) received Rs3.5 billion on the first day of the auction of commercial plots, held at Jinnah Convention Centre.

invest with imarat

Islamabad’s emerging city centre

Learn More

The authority secured the amount against auctioning five plots.

Along with New Blue Area, the plots to be auctioned are located in G-10 Markaz, I-8 Markaz, Diplomatic Enclave, F-10 Markaz, Industrial Triangle Kahuta and various class III shopping centres including G-9/1, G-9/2, G-10/3, G-11/4 and I-11/4 have also been selected for auctioning event.

The three-day auction event is proceeding under a ten-member committee headed by Member Finance CDA, comprising Member Estate, Member P & D, DFA-II, DG Law, Director Public Relations, Director Urban Planning, Director Regional Planning, Director EM-II and Director Finance.

The auction of the commercial plots will conclude on 23rd September 2020.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

CDA Requests Additional Rs2 Billion Grant to Continue 10th Avenue Development

ISLAMABAD: The Capital Development Authority (CDA) is looking to the federal government for an additional…

3 hours ago

Islamabad’s Capital Hospital to Be Upgraded Under CDA-ADB Agreement

ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…

1 week ago

CDA to Issue Possession Letters for E-12 Sector After Eid

Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…

1 week ago

Graana.com Announces Property Festival 2025 to Revitalize Islamabad’s Real Estate Sector

Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…

2 weeks ago

Graana.com Proudly Partners with IAP for Graana Property Festival 2025

Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…

2 weeks ago

Sindh Government Reviews Measures to Regulate Real Estate Sector

KARACHI: Sindh Local Government Minister Saeed Ghani chaired a meeting on Monday to review measures…

2 weeks ago