Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CDA Deems Monetisation Of Govt Houses Unrealistic
12-12-2012, 02:04 PM
Post: #1
CDA Deems Monetisation Of Govt Houses Unrealistic
The Capital Development Authority (CDA) declared Planning Commission’s dream of monetising sectors G-6 and F-6 by building skyscrapers unrealistic. The Capital Development Authority also warned the federal government that the authority cannot deal with the increase in demand of civic services which will be brought along by high rise buildings if and when they’re built. This was revealed in a meeting held by the Planning Commission Department. It was headed by its Deputy Chairman Dr Nadeem ul Haq and attended by Housing Secretary Kamran Lashari and Chairman CDA Syed Tahir Shahbaz.

The CDA is currently facing financial crisis due to which it won’t be able to build the required sewage and infrastructure to provide disposal, water, electricity and gas to the new dwellers of these high-rise buildings. At the same time, the urban planning wing of civic agency has already prepared the blueprint to construct skyscrapers in the city.

The skyscraper project is a part of the Planning Commission’s ‘New Framework for Economic Growth’, and would contain apartment buildings and commercial plazas as well as new public sector buildings upon completion. The plan also proposes a special zone, which is to be built over an area of 371 acres with high rise developments like that in Hong Kong.

The monetisation of government houses was approved in April and a complete revision of the existing planning parameters, re-zoning and land reclassification had been expected. An official revealed that CDA will have to upgrade all the facilities and services in order to meet the growing needs. An engineering wing official of the CDA also revealed that currently, Centaurs Tower required around 20 megawatts of electricity and CDA will have to install a grid station to meet its need for more power.

If a few more such towers will be constructed, the demand of electricity would go up and CDA will need more space to install grid stations. Despite all of this, Mr Sajid insisted that CDA is an executing agency of the government and once it is given a directive, it will complete its duty of developing the city on modern lines
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 demolishes 48 houses in Park Enclave-I LRE-Azan 0 538 05-20-2023 04:28 PM
Last Post: LRE-Azan
  Govt speeds up work on building 500,000 houses . Salman 0 7,361 11-11-2013 12:41 PM
Last Post: Salman
  Houses For Sale In Defence Lahore Salman 0 72,995 07-03-2013 06:46 PM
Last Post: Salman
  Constructions on Islamabad farm houses Salman 0 4,078 05-20-2013 12:23 PM
Last Post: Salman
  CDA to seal houses being used for commercial purposes Salman 0 3,584 10-20-2012 01:04 PM
Last Post: Salman
  Five-marla houses given tax exemption Salman 0 8,987 06-15-2012 01:50 PM
Last Post: Salman
  Shahbaz gives away keys of AHS houses Salman 0 4,393 02-11-2012 12:35 PM
Last Post: Salman
  Ban on building houses along Ravi Salman 0 5,099 01-13-2012 12:46 PM
Last Post: Salman
  DHA told not to allow `parties` in houses Lahore_Real_Estate 0 3,827 06-28-2011 03:16 PM
Last Post: Lahore_Real_Estate
  Dream of houses for the poor came true: CM Lahore_Real_Estate 0 3,576 05-30-2011 02:35 PM
Last Post: Lahore_Real_Estate
  Aashiyana houses balloting on May 1,2011 Lahore_Real_Estate 0 3,706 04-18-2011 01:02 PM
Last Post: Lahore_Real_Estate
  Houses on encroached land demolished Lahore_Real_Estate 0 3,638 02-07-2011 04:41 PM
Last Post: Lahore_Real_Estate
  Punjab govt set to announce 50% pay raise for govt employees Lahore_Real_Estate 0 4,652 06-12-2010 11:42 AM
Last Post: Lahore_Real_Estate
  10,300 Houses Newly Constructed Lahore_Real_Estate 0 3,459 04-19-2010 03:38 PM
Last Post: Lahore_Real_Estate
  Construction of houses banned in G-15, G-14 Lahore_Real_Estate 0 3,591 04-06-2010 12:35 PM
Last Post: Lahore_Real_Estate
  Minister for Housing and Works: Govt determined to overcome shortage of houses’ LahoreEstate 0 3,354 01-20-2010 10:12 AM
Last Post: LahoreEstate
  PGSHF: 5 Years Business Plan to Build 23094 Houses for Govt Servants LRE 0 10,671 01-07-2010 08:22 PM
Last Post: LRE
  Inter-Risk used Punjab govt facilities to train guards without federal govt knowledge Naveed Yaseen 0 3,717 10-10-2009 07:38 AM
Last Post: Naveed Yaseen
  Malaysian co to build 160,000 houses LahoreEstate 0 3,069 08-21-2009 05:31 PM
Last Post: LahoreEstate
  Sindh: ‘Rs 200m for low-cost houses’: CM Naveed Yaseen 0 2,849 08-13-2009 07:10 AM
Last Post: Naveed Yaseen

Forum Jump:


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