CDA to generate development funds from auction of prime residential and commercial plots

Islamabad: Capital Development Authority will auction 81 residential and commercial plots from April 8 to April 11 at Jinnah Convention Centre.

invest with imarat

Islamabad’s emerging city centre

Learn More

Only residential plots located in developed sectors shall be auctioned on the first two days. Whereas commercial plots in Blue Area, developed marakiz, hospitals and class-III shopping centres of developed sector will be auctioned on the last two days.

A high level committee headed by the Member Finance along with Member Planning and Design, Member Estate, and other senior officials of CDA will supervise the auction proceedings.

The committee shall present its recommendations to CDA Board for approval of the bids.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

PM Shehbaz Inaugurates Murree Road Underpass Project

ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…

3 hours ago

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

1 day ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

5 days ago

Citywide Anti-Encroachment Drive to Begin in Karachi

Karachi – Mayor Barrister Murtaza Wahab has announced the launch of a citywide anti-encroachment operation…

5 days ago

CDA Chairman Orders Revival of 23 Water Fountains with Artistic Lighting

ISLAMABAD: CDA Chairman Muhammad Ali Randhawa has directed the immediate restoration of 23 non-functional water…

6 days ago

Govt to Abolish 3% FED on First Sale of Properties in Pakistan

ISLAMABAD: In a major relief for the real estate sector, the federal government has decided…

7 days ago