Islamabad – The Capital Development Authority (CDA) is preparing for an open auction of commercial properties, aiming to provide attractive investment opportunities in the heart of Islamabad. This announcement came following a meeting of the Auction Committee held on Tuesday at CDA Headquarters, led by CDA Chairman Muhammad Ali Randhawa. The session was attended by board members and other key members of the Auction Committee.
Chairman Randhawa emphasized the importance of offering valuable and business-friendly plots to attract investors in the forthcoming auction. “We are committed to creating a dynamic and rewarding environment for investment in Islamabad,” he remarked during the meeting.
The upcoming auction is set to feature a diverse range of properties, catering to various commercial interests. These include prime plots for businesses, Class III shopping centers, industrial plots, hotel plots, and residential apartment plots. A key highlight of the auction will be the inclusion of commercial shops located in the Blue Area Parking Plaza, which are ready for immediate commercial use.
In an effort to make the investment process more accessible, the CDA has also introduced a flexible installment payment plan. This initiative is designed to ensure that investors can easily manage their purchases while benefitting from the city’s thriving commercial landscape.
The Chairman also called for a thorough evaluation of the market value of the Blue Area Parking Plaza shops, stressing the importance of offering accurate pricing to prospective buyers. He reassured that the CDA will provide full support to ensure a smooth and transparent auction process, offering maximum facilitation to investors.
The meeting signals the CDA’s ongoing commitment to boosting investment in Islamabad, with an emphasis on making the city an even more attractive destination for both local and international investors.
