Graana News

Second Day of the Auction: Eight Plots of 30 Acres For More Than 10 Billion Rupees

Islamabad: The second day of the auction for plots by the Capital Development Authority (CDA) witnessed substantial earnings. So far, a total of 8 plots have been sold for more than 10.94 billion rupees. The auction for the plots will continue until October 20 at the Jinnah Convention Center in Islamabad.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, on the second day of the auction, Plot No.1 in Sector G-6/1-1, measuring 355.55 square yards, was sold for 602 million rupees. Similarly, Plot N-1 in Sector E-11, measuring 1066.66 square yards, was auctioned for 1.24 billion rupees. On the second day of the auction, an 1111.11 square yards hostel plot in Sector G-7/3 was sold for 706 million, while a hostel plot of the same size in Sector G-9/4 was auctioned for 604 million rupees.

The four-day auction includes residential and commercial plots of various categories for investment purposes. Plots in the Blue Area, as well as various centres and plots in Sector E-11 Northern Strip, are being auctioned.

For more news and updates, visit the Graana Blog.

Arslan Siddiqui

Arslan is a Content Writer at Graana.com. With a bachelor's in marketing, he writes research-based guides on real estate, lifestyle and tech.

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

20 hours ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

5 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago