ISLAMABAD: In a bid to attract investors for the auction of as many as 24 plots in Blue Area, the Capital Development Authority (CDA) is set to offer special incentives in accordance with the federal government’s directives.
Special media campaigns and roadshows at national as well as international level to spread the word about the lucrative package for the plots, which are located in the portion of Blue Area falling in sector G-9, on the southern side of Jinnah Avenue.
The contents of the package include a dedicated team to facilitate investors, 25% down payment within one month rather than the usual 10-day period, a 10% discount on full upfront payment instead of the current 5% offer and advance tax to be made proportional to the instalments instead of a one-time payment.
The proposal for the aforementioned incentives, presented by CDA’s Estate Wing, was approved in a recent board meeting, where it was decided that depending on the success of the venture, similar packages will be offered for the rest of the Blue Area as well.
Reportedly, the revenue generated from the auction would be spent on low-cost housing – including the relocation of slums – and on the rehabilitation of the federal capital.
For more news and blogs, visit Graana Blog.
ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…
Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…
Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…
Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…
KARACHI: Sindh Local Government Minister Saeed Ghani chaired a meeting on Monday to review measures…
ISLAMABAD: The Capital Development Authority (CDA) has unveiled plans to develop a modern food street…