Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CDA Collected Rs6 billion from Plots Auction
04-24-2015, 03:11 PM
Post: #1
CDA Collected Rs6 billion from Plots Auction
Capital Development Authority (CDA) has fetched Rs6 billion approximately, from the two day auction of residential and commercial plots.

I have learnt that a large number of investors enthusiastically participated in the auction procedure and offered record prices of residential and commercial plots. Enthusiastic participation shows investors’ confidence in the transparency procedures and CDA’s commitment to deliver the right services.

As per an official, a ten-member auction committee headed by Member Finance CDA Arbab Sher Bahadar supervised the auction process. On the second day, 14 commercial plots of different sizes in the developed sectors, Industrial Area, Marakiz and Blue Area were auctioned and they fetched Rs 5,264 million from the auction.

The chairman CDA appreciated the efforts of the auction committee for conducting a successful auction. He said that auction of commercial plots will generate new business venues that will increase business activity volume in the federal capital. The income generated from the auction will be used for the development of the city.
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 Decided to Auction Commercial & Residential Plots Next Month LRE-Azan 0 324 09-30-2023 04:55 PM
Last Post: LRE-Azan
  CDA finalises arrangements for auction of commercial plots Salman 0 4,852 03-26-2014 06:36 PM
Last Post: Salman
  CDA’s commercial plots auction from April 2nd Salman 0 4,756 03-22-2014 06:07 PM
Last Post: Salman
  Islamabad CDA to auction commercial plots from next month Salman 0 5,103 03-17-2014 01:30 PM
Last Post: Salman
  CDA changes building parameters to make auction of plots success Salman 0 4,393 02-28-2014 01:38 PM
Last Post: Salman
  CDA earns Rs8b from auction of commercial plots Salman 0 6,044 11-25-2013 01:26 PM
Last Post: Salman
  CDA earns Rs1.88b on second day of auction Salman 0 5,174 11-22-2013 05:21 PM
Last Post: Salman
  CDA to ensure hassle-free process for auction of plots Salman 0 6,224 11-18-2013 12:22 PM
Last Post: Salman
  CDA to hold three-day auction of 56 commercial plots Salman 0 12,570 11-06-2013 02:58 PM
Last Post: Salman
  CDA to auction commercial plots in November Salman 0 11,860 10-31-2013 02:31 PM
Last Post: Salman
  CDA to auction 40 commercial plots in November Salman 0 8,882 10-14-2013 04:28 PM
Last Post: Salman
  CDA to hold auction of commercial plots Salman 0 11,636 10-10-2013 01:42 PM
Last Post: Salman
  LDA To Auction Commercial Plots On 10th October 2013 Salman 0 8,467 09-27-2013 04:03 PM
Last Post: Salman
  LDA to auction four plots for new bank square Salman 0 7,823 09-09-2013 01:39 PM
Last Post: Salman
  LDA to Auction 50 commercial plots on 24th September 2013 Salman 0 9,802 09-04-2013 08:37 PM
Last Post: Salman
  CDA to get Rs4.6 billion from auction of commercial plots Salman 0 6,481 07-18-2013 10:57 AM
Last Post: Salman
  CDA to auction commercial plots Salman 0 6,355 06-26-2013 11:56 AM
Last Post: Salman
  CDA to auction 52 commercial plots in I-12 Markaz Salman 0 5,904 06-11-2013 02:32 PM
Last Post: Salman
  Plan finalised for commercial plots auction in I-12 Salman 0 5,623 06-10-2013 12:27 PM
Last Post: Salman
  CDA to get Rs2.3 billion from auction of 4 commercial plots Salman 0 5,344 05-23-2013 12:02 PM
Last Post: Salman

Forum Jump:


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