Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CDA auctions six commercial plots
07-22-2011, 04:12 PM
Post: #1
CDA auctions six commercial plots
ISLAMABAD: The Capital Development Authority (CDA) has sold six commercial plots located in different sectors of federal capital for Rs 1.57 billion however approval of CDA Board is compulsory for allotment of plots to the bidders.

During the auction, CDA offered for bidding seven commercial plots, out of which six plots of different sizes located in the Marakiz of Sector F-6, F-7, F-8, G-11 and F-11, were auctioned. Whereas, auction of Plot No.1-D, situated in F-7 Markaz, was withdrawn due to legal issue.

Plot No 24 measuring 711.11 square yards located in F-6 Markaz fetched the highest bid of Rs 433,000 per sq yards. Plot No 27 measuring 844.44 square yard situated in F-11 Markaz has been auctioned at the rate of Rs 355,000 per square yard. Similarly, Plot No 13-G measuring 666.66 square yard located in F-8 Markaz was auctioned for Rs 275,000 per square yard. Plot No 8, measuring 1777.77 in G-11 Markaz was auctioned for Rs141,000 per square yard. Plot No.33 measuring 1777.78 situated in G-11 Markaz was auctioned for Rs.124, 000 per square yard. While Plot No.5 (for establishment of Hospital) measuring 3333.33 square yard in F-11 Markaz was auctioned at the rate of Rs.95, 000 per square yard.

This auction was supervised by Saeedur Rehman, Member Finance, comprises of Khalid Mirza, Member Estate, Tahir Shamshad, Member Planning & Design, Director (One Window Operation) Director Estate Management-I Director Estate Management-II, Director Public Relations and Deputy Financial Advisor. The recommendations of auction committee would be submitted to CDA Board, which is the final authority for approving or disapproving any of the bids against these plots.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  CDA Decided to Auction Commercial & Residential Plots Next Month LRE-Azan 0 316 09-30-2023 04:55 PM
Last Post: LRE-Azan
  CDA Successfully Auctions Off Most Expensive Plot in F-7 at Rs. 8.54 Billion LRE-Azan 0 526 01-26-2023 02:05 PM
Last Post: LRE-Azan
  GIEDA had Completely Ignored the Rules in allotting Commercial & Industrial plots LRE-Azan 0 4,849 01-03-2018 04:43 PM
Last Post: LRE-Azan
  Possession Plots Detail of Sector A,B,C & D Commercial Broadway Ph-VIII DHA Lahore Salman 0 6,056 04-30-2015 06:39 PM
Last Post: Salman
  CDA finalises arrangements for auction of commercial plots Salman 0 4,844 03-26-2014 06:36 PM
Last Post: Salman
  CDA’s commercial plots auction from April 2nd Salman 0 4,750 03-22-2014 06:07 PM
Last Post: Salman
  Islamabad CDA to auction commercial plots from next month Salman 0 5,097 03-17-2014 01:30 PM
Last Post: Salman
  LDA Auctioned Six Commercial And Nine Residential Plots ... Salman 0 5,110 03-14-2014 05:47 PM
Last Post: Salman
  LDA Auctioned 34 Commercial Plots In Lahore Salman 0 4,943 02-15-2014 06:12 PM
Last Post: Salman
  LDA auctions 16 commercial plots for Rs 126 million Salman 0 4,523 01-22-2014 03:15 PM
Last Post: Salman
  CDA earns Rs8b from auction of commercial plots Salman 0 6,040 11-25-2013 01:26 PM
Last Post: Salman
  CDA ready to bid for commercial plots Salman 0 6,802 11-18-2013 02:05 PM
Last Post: Salman
  CDA Auctioning Commercial Plots Salman 0 8,222 11-12-2013 04:04 PM
Last Post: Salman
  CDA to hold three-day auction of 56 commercial plots Salman 0 12,563 11-06-2013 02:58 PM
Last Post: Salman
  CDA to auction commercial plots in November Salman 0 11,854 10-31-2013 02:31 PM
Last Post: Salman
  CDA to auction 40 commercial plots in November Salman 0 8,877 10-14-2013 04:28 PM
Last Post: Salman
  CDA to hold auction of commercial plots Salman 0 11,631 10-10-2013 01:42 PM
Last Post: Salman
  LDA To Auction Commercial Plots On 10th October 2013 Salman 0 8,461 09-27-2013 04:03 PM
Last Post: Salman
  LDA to Auction 50 commercial plots on 24th September 2013 Salman 0 9,793 09-04-2013 08:37 PM
Last Post: Salman
  CDA to get Rs4.6 billion from auction of commercial plots Salman 0 6,477 07-18-2013 10:57 AM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)