CDA plans to auction residential, commercial plots

[Salman]

Islamabad : The Capital Development Authority (CDA) has planned to hold grand auction of residential and commercial plots, economy flats, filling stations and other plots of different sizes and categories in developed sectors of Islamabad.

Auction of residential plots will be held on Monday (November 19) while the commercial plots will be offered for auction on Tuesday, November 20, 2012. During two days of this grand auction total 22 numbers of residential and commercial plots will be offered, which includes plot no 15 Northern Strip, E-11 of measuring size 2,184 square yards meant for filling station, Plot no 2 & 3 of Northern Strip of measuring size 4,833.33 square yards, plot number 5 & 6 of Blue Area F-8/G-8 of measuring size of 2,666.3 square yards, plot no B-1 & B-4 Blue Area F-9/G-9 1333.3 square yards, plot number 6 & 11 Markaz D-12 measuring size of 1333 square yards, plot 40-B sector G-8, measuring size 7,333.3 square yards, plot no 10 Markaz F-11 measuring size 888.88 square yards, Plot no 2 Markaz G-11 measuring size 888.88 square yards meant for economy flats. 4 numbers of residential plots measuring size 272.22 of Sector G-10 and 6 plots measuring size 355.55 square yards of the same sector will also being offered for auction.

The plots offered during the auction and bids received bids would be presented before the CDA Board, which is the final authority to accept or reject the offers.