Everyday News

CDA’s Urban Expansion Plans Include 10 New Residential Areas

Islamabad, Pakistan: The Capital Development Authority (CDA) has unveiled ambitious plans to increase its revenue through the launch of 10 new residential sectors and the auction of 200 plots in Sector C-14.

invest with imarat

Islamabad’s emerging city centre

Learn More

In addition to these residential initiatives, the CDA is also preparing to auction more than 35 commercial plots located in prime areas such as Blue Area and other key commercial centers. This move comes despite a previous announcement by the CDA chief to halt the auctioning of prime commercial plots.

Brochures are currently being finalized for the auction of 200 one-kanal plots in Sector C-14. The proposed price for each plot is expected to range between Rs50 and Rs60 million. Interested buyers will be required to submit an application along with a 25% deposit of the total cost, which will be refundable if a plot is not allocated.

The auction will be conducted through a balloting process. Approximately 70% of the development work in Sector C-14 has already been completed, with the remaining work focusing on the sewage system. Successful bidders will be obligated to pay the full price to the CDA in equal installments over a two-year period.

The CDA plans to invite applications for these plots later this month. Furthermore, the authority has announced its intention to launch 10 additional sectors by the next financial year. After allocating plots to landowners in exchange for acquired land, the remaining plots will be auctioned to the public through an open balloting process held at the CDA headquarters. NADRA will be involved to ensure transparency and fairness in the auction.

These initiatives are part of the CDA’s broader strategy to generate revenue and fund the development of new sectors in Islamabad. By increasing its revenue, the CDA aims to contribute to the overall growth and infrastructure of the capital city.

Zukhruf Hussain

As an SEO Content Writer and Editor, Zukhruf Hussain deeply appreciates the impact of words and narrative building. Her passion for crafting meaningful literature has led her to explore various writing styles and niches, making her a well-versed word wizard. Outside the sphere of language, she finds joy in expressing herself through the strokes of a paintbrush.

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