Pakistan Real Estate Times - Pakistan Property News

ISLAMABAD: The Capital Development Authority (CDA) has started the land acquisition for sector D-14 to develop it for residential purposes and it has announced compensation under land-sharing formula. A senior CDA official said the authority had advertised the process of land acquisition and asked landowners to register their complaints, if they had any, about the process or evacuation of their land. He said the land of Mauza Sara-e-Kharbuza, Johad, Shah Allah Ditta and Rakkh Sarkar would be acquired and would be developed for residential purposes to overcome housing units shortage in federal capital. He said the city was facing a shortage of 50,000 housing units. He said Khasra numbers of Sara-e-Kharbuza, Johad and Shah Allah Ditta had also been advertised to avoid any inconvenience for the landowners. The official said CDA had planned to open six residential sectors and two sub-sectors including D-13, E-13, F-13, D-14, C-13 and C-14 and D-15/2 and D-15/3, he added. He said the affected people of these sectors would be accommodated in sector I-14 where they would get land against their owned land in these sectors under land-sharing formula. The official said CDA was also planning to develop these sectors through public-private partnership to share the burden of the CDA and ensure quality as well. He said CDA was mulling to invite foreign firms as well for development purposes as it would bring investment in the country.

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