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Capital Development Authority (CDA) has finalized the arrangements of three days auction of commercial plots

Islamabad, March 24, 2018: Capital Development Authority (CDA) has finalized the arrangements of three days auction of commercial plots including plots of Blue Area. The auction would be commenced on March 27, 2018 and will be concluded on March 29, 2018 at Jinnah Convention Centre Islamabad. In order to ensure transparency in auction proceedings, Chairman CDA, Usman Akhtar Bajwa has approved the constitution of a high level 11 members committee headed by Member Finance, CDA, Dr. Fahad Haroon Aziz. The auction committee include Member Planning & Design Asad Mehboob Kiyani, Member Estate Khushal Khan, Deputy Director General Estate, Deputy Director General (Law), Deputy Financial Advisor-II, Director Public Relations, Director Regional Planning, Director Urban Planning, Director Estate Management-II and Deputy Director (Finance) as its members.  

 

In order to finalize arrangements of upcoming auction, meeting of the auction committee was held at CDA Headquarters which was chaired by Member Finance, Dr. Fahad Haroon Aziz.

 

The committee was told that during the three days auction, 02 commercial plots of Blue Area for construction of High-rise buildings will be presented for auction in addition to 22 plots for Class-III shopping centers. Out of these class-III shopping centre’s plots, two (02) plots are located in sector F-6, one (01) in sector F-8, two (02) in sector F-10, two (02) in sector F-11, one (01) plot in sector G-10, three (03) in sector G-11, four (04) in sector D-12, one (01) in sector I-8, two (02) plots in sector I-11, one (01) class-III shopping centre in Shahzad Town and three (03) in sector I-14.

 

Similarly, seven (07) commercial plots located in different Marakiz including  two (02) plots in Markaz D-12, two (02) plots in Markaz I-8 and three (03) commercial plots in Diplomatic Enclave would be also presented for auction. During the three days auction, three (03) plots for construction of apartments located in Markaz F-10, G-11/1 and G-11/3 would be auctioned during the three days auction. Similarly, one (01) hospital plot in Markaz G-11, one (01) Hotel plot in Markaz G-11, one (01) filling station plot in Blue Area / F-7 and one (01) petrol pump plot in G-8/1 Mauve Area are arrange the plots which would be presented for auction. Moreover, one (01) commercial plot in community core sector H-8/2, one (01) commercial plot H-11/4, two (02) commercial plots in Margalla Twon Phase-II and two (02) industrial plots in sector I-10/3 are also in the list of plots which would be presented in the upcoming auction.