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Auction of Commercial and Residential Plots

Islamabad, May 12, 2017: Capital Development Authority (CDA) is all set to auction 80 residential and commercial plots located at prime locations in Federal Capital. These plots would be auctioned in three days open auction which would commence from May 16 2017 and will concluded on May 18, 2017 at Jinnah Convention Centre.\

In order to ensure transparency in auction proceedings, Mayor of Islamabad and Chairman CDA Sheikh Anser Aziz has constituted a high level committee which would supervise three days auction proceedings.  .

During the first day of three days auction, 37 residential plots located in developed sectors would be presented for auction on the first day i.e May 16, 2017 while auction of 43 commercial plots of different categories would be held on May 17, 2017 and May 18, 2017. 

Commercial plots which would be presented for auction are of different categories including 24 plots for Class-III shopping centers. Out of these plots, two (02) plots located in sector F-6/2, one (01) in sector F-8/3, one (01) in sector G-10/3, one in sector G-11/2, two (02) in sector D-12/2, two plots in sector H-11/4, one in I-11/1, one (01) in I-11/2, two in I-14/1, three (03) in I-14/2, one in I-14/3, two (02) in I-14/4, one in sector I-16/2 and four (04) class-III shopping center plots located in sector G-11/4.  Similarly, nine (09) commercial plots of different Marakiz including two (02) plots of F-11 Marakiz,  three (03) plots of Markaz D-12, two (02) plots of Park Enclave-I and two (02) plots of Blue Area. Similarly, one (01) plot of diplomatic Enclave for apartment purpose and one (01) economy flats plot of sector G-11/3. During the upcoming auction, two (02) plots meant for hotel purpose located in Markaz G-11 and I-8 would be presented for auction. Moreover, three (03) petrol pump plots located in Markaz G-11, Mauve Area and park Road would be also presented for auction. Furthermore, one Auto mobile workshop plot in sector I-10/3, one (01) timber market plot located in sector I-11/2 and one (01) plot in Orchard Scheme Murree Road.

Residential plots which would be presented for auction are located in sector G-10/2, F-11/2, D-12/3 and D-12/1.

Mayor of Islamabad and Chairman CDA, Sheikh Anser Aziz has constituted an auction committee headed by Member Finance, Dr. Haroon Aziz, while Member Planning & Design Asad Mehboob Kiyani, Director General Finance, Deputy Director General Estate, Deputy Director General (Law), Director Public Relations, Director Regional Planning, Director Urban Planning and Director Estate Management-II are members of this committee.  The committee will submit its recommendations to CDA Board which is competent forum to approve the bids.  

Mayor of Islamabad and Chairman CDA Sheikh Anser Aziz has directed the concerned formations to make proper arrangements to facilitate the people participating in the upcoming auction.