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.

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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

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