CDA set to host Open Auction of commercial plots on 4,5 August

ISLAMABAD: The Capital Development Authority (CDA) is all set to host an ‘Open Auction’ to sell commercial plots of different categories on August 4 and 5, 2021.

invest with imarat

Islamabad’s emerging city centre

Learn More

The auctioning event to be held at Convention Centre will also include plots in the Blue Area.

This initiative will serve as an opportunity for investors and businesses to promote businesses in the federal capital.

To accommodate the bidders, the authority has approved several measures, including the first instalment of 25% paid within 30 days of the acceptance of the bid.

In addition, a 10% discount on a full payment within 30 days of the bid acceptance letter.

The authority has also announced providing a building plan approval facility after the first instalment and construction to start on full payment, advance income tax on a pro-rata basis.

 

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

A Guide to Quetta Town in Karachi

Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…

13 hours ago

Akbar Chowk Lahore: A Focal Point of Connectivity

Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…

1 day ago

A Guide to Khuda Baksh Colony Lahore

Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…

2 days ago

Gol Market Karachi: A Vibrant Commercial Hub

Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…

2 weeks ago

Model Town Gujranwala: A Well Planned Residential Area

Model Town, located in the heart of Gujranwala, is one of the city’s most prestigious…

2 weeks ago

Senate Greenlights Special Courts for Swift Resolution of Overseas Pakistanis’ Property Cases

ISLAMABAD, Pakistan— In a major move to address the longstanding grievances of overseas Pakistanis, the…

2 weeks ago