Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Islamabad: CDA to engage private firm for Sector F-12 land acquisition
02-09-2009, 05:31 AM
Post: #1
Islamabad: CDA to engage private firm for Sector F-12 land acquisition
* Official says at least Rs 40 billion required for compensation to locals for land, built-up property
* Over 6,000 plots to be developed in this sector

ISLAMABAD: The Capital Development Authority (CDA) has decided to engage some private sector company for the acquisition of land in Sector F-12 that has now become an uphill task for the civic body.

According to senior CDA official, the authority is going to engage some private sector company to get the land of the sector acquired from the landowners, who had earlier declined to accept the award announced by the CDA.

“The authority acquired the land in 1985, but the landowners did not accept the price of land and most of them did not accept the payment,” said the official. He said earlier, the authority had not announced the award for built-up property, which was still owned by the locals. Later, in connivance of the locals, the outsiders also started construction in the area but the authority failed to stop it due to lack of workforce in its enforcement directorate.

Compensation: When asked about the cost of the land acquisition, he said, it required at least Rs 40 billion to compensate the people for their land and built-up property, which would put huge burden on the authority already facing financial crunch.

Terms and conditions: He said it was also possible that the authority handed over the sector for land acquisition and development to the private company. He said in this regard the terms and conditions were yet to be finalised with the company.

He said the CDA had planned practical means for early acquisition of land. He, however, said any timeframe in this would be immature.

FGEHF: He said the high-ups had already accorded approval for the allocation of Sector F-12 to Federal Government Employees Housing Foundation (FGEHF) for allotment of plots to federal government employees.

He said the Ministry of Housing and Works and the CDA would jointly work to open the sector for government employees to meet the shortage of housing units in the federal capital.

Plots: The official said over 6,000 plots would be developed in the new sector, which would be allotted according to set criteria of the FGEHF under which quota- wise plots would be provided to federal government employees, general public, armed forces personnel, journalists and special people. app

http://www.dailytimes.com.pk/default.asp...009_pg11_1
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  RDA Takes Firm Action Against Promotion of Unlawful Housing Projects LRE-Azan 0 477 11-23-2023 06:15 PM
Last Post: LRE-Azan
  CDA Recovers 700 Kanals of Land in Sector I-12 LRE-Azan 0 515 10-13-2023 07:54 PM
Last Post: LRE-Azan
  CDA To Invite Tenders For The Development Of Sector C-16 Islamabad* LRE-Azan 0 931 04-29-2023 06:14 PM
Last Post: LRE-Azan
  After a protracted 7 years, CDA resumes development in Sector C-15 in Islamabad LRE-Azan 0 827 04-03-2023 06:19 PM
Last Post: LRE-Azan
  CDA Serves Notice to Private Housing Scheme LRE-Azan 0 1,250 01-20-2023 02:01 PM
Last Post: LRE-Azan
  Islamabad: if the Cantonment Land is not Used for Defense then Return it to the Gover LRE-Azan 0 1,578 12-02-2021 07:52 PM
Last Post: LRE-Azan
  Islamabad: Sector E-12 Victims Protest LRE-Azan 0 1,502 11-22-2021 08:06 PM
Last Post: LRE-Azan
  New City at Ravi Bank: Acquisition of one Lac Acres of Land Became a Challenge LRE-Azan 0 1,568 11-22-2021 08:05 PM
Last Post: LRE-Azan
  Islamabad: CDA Built a New Temporary Dumping Site in Sector H-16 LRE-Azan 0 1,282 11-02-2021 06:38 PM
Last Post: LRE-Azan
  Islamabad: FGEHA Asked to Provide Details of Land Acquisition in G-14 LRE-Azan 0 1,538 11-02-2021 06:34 PM
Last Post: LRE-Azan
  Illegal occupation of a Vast Piece of Land in Zone-III Near to Sector D-12 of the Cap LRE-Azan 0 5,163 11-07-2017 04:47 PM
Last Post: LRE-Azan
  Land acquisition for motorway complete, says DCO Salman 0 5,845 04-21-2015 02:42 PM
Last Post: Salman
  Punjab approves Rs 3,315 million for Apparel Park land acquisition Salman 0 5,824 03-31-2014 07:32 PM
Last Post: Salman
  LDA seals offices of 5 private housing schemes in Lahore Salman 0 5,974 03-27-2014 07:52 PM
Last Post: Salman
  Records Of Private Housing Schemes Submitted To LDA Salman 0 6,820 03-19-2014 02:53 PM
Last Post: Salman
  LDA Notice for Private Housing Schemes in Lahore Division Salman 0 7,114 03-14-2014 05:52 PM
Last Post: Salman
  Road construction: ‘Private investment too expensive’ Salman 0 4,511 03-06-2014 12:09 PM
Last Post: Salman
  Property sector aims to put down firm roots in Pakistan Salman 0 4,397 02-26-2014 10:14 PM
Last Post: Salman
  Property sector aims to put down firm roots in Pakistan Salman 0 4,500 02-17-2014 01:18 PM
Last Post: Salman
  Garment City’s Land Acquisition Stayed Salman 0 4,749 01-30-2014 04:52 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: