Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Islamabad: CDA warns public against investment in 4 sectors, H-13, H-14, H-15 & H-17
07-28-2008, 05:17 AM
Post: #1
Islamabad: CDA warns public against investment in 4 sectors, H-13, H-14, H-15 & H-17
ISLAMABAD: Capital Development Authority (CDA) has warned the public to refrain from sale and purchase of any plot for any purpose in sectors H-13, H-14, H-15 and H-17. A senior CDA official warned the people not to invest in these four non-residential sectors as being advertised by some housing scheme operators of Islamabad and Rawalpindi. Talking to this agency on Sunday, he said some real estate agents were using different prominent buildings situated in these four non-residential sectors including H-13, H-14, H-15 and H-17 in their advertisements to attract the customers. “All these four sectors fall within Islamabad Capital Territory (ICT) limits and are allocated for institutions. Planning of residential scheme is neither permissible in these sectors as per provision of ICT Zoning Regulations 1992 nor any scheme has been approved by the authority,” the official said. He said in its advertisement, the under-construction University Town is using name of Beacon House School System and Kalsoom International Institute of Medical Sciences situated in sector H-17, while the fact is that the Town is situated in sector H-18 outside the premises of Islamabad Capital Territory. “The University Town is located in H-18 and registered under Rawalpindi Development Authority and linking it with these sectors can mislead the people,” said the official. He said none of the said four sectors had yet been acquired and were not for residential purposes, so any investment in these sectors may cause huge financial loss to the investors. “Public is warned to refrain from sale and purchase of plots in any housing scheme in sectors H-13, H-14, H-15 and H-17 i.e. from Coca Cola factory to Motorway Interchange,” the official added.

http://www.dailytimes.com.pk/default.asp...008_pg11_2
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Development work in sectors G-13, 14 to be accelerated: Usman Salman 0 3,211 11-22-2013 05:20 PM
Last Post: Salman
  Qatar willing to invest in energy, housing sectors Salman 0 6,063 11-09-2013 04:28 PM
Last Post: Salman
  CDA Plans to Launch Two New Residential Sectors Salman 0 4,552 09-10-2013 08:03 PM
Last Post: Salman
  Islambabd : CDA is focusing on issues of I- Series Sectors Salman 0 2,977 07-22-2013 11:35 AM
Last Post: Salman
  CDA to start drive for renovation of sectors Salman 0 1,499 04-17-2013 03:55 PM
Last Post: Salman
  CDA decides to develop infrastructure in three sectors Salman 0 2,178 02-21-2013 03:21 PM
Last Post: Salman
  CDA to open sectors C15, 16 soon Salman 0 8,675 02-15-2013 12:51 PM
Last Post: Salman
  CDA to resume development of stalled sectors Salman 0 1,449 02-15-2013 12:51 PM
Last Post: Salman
  LDA warns dodgy name users Salman 0 650 02-08-2013 01:31 PM
Last Post: Salman
  LDA warns dodgy name users Salman 0 607 02-07-2013 06:56 PM
Last Post: Salman
  LDA warns developers and builders Salman 0 783 01-26-2013 01:51 PM
Last Post: Salman
  CDA to launch uplift work in I-9, I-10 sectors Salman 0 1,815 12-19-2012 05:24 PM
Last Post: Salman
  DHA Karachi Phase 8 : Three sectors to open by 2014 Salman 0 11,464 11-02-2012 04:41 PM
Last Post: Salman
  LDA warns of illegal housing colony Salman 0 2,014 08-23-2012 12:29 PM
Last Post: Salman
  CDA to develop 3 new sectors in Islamabad Salman 0 3,255 07-14-2012 11:58 AM
Last Post: Salman
  Two more sectors in CDA wish list Salman 0 1,707 07-10-2012 02:57 PM
Last Post: Salman
  CDA to open two residential sectors this year Salman 0 3,265 05-24-2012 01:52 PM
Last Post: Salman
  CDA decides to open 10 new sectors Salman 0 5,057 05-08-2012 03:11 PM
Last Post: Salman
  Italy extends help in technical sectors Salman 0 1,532 04-25-2012 12:39 PM
Last Post: Salman
  CDA starts demarcation of C-15, C-16 sectors Salman 0 1,518 04-14-2012 02:23 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 5 Guest(s)