Auction of commercial plots being organized by CDA on September 21, 2020 at Jinnah Convention Center
Islamabad, September 20, 2020 (PPI-OT): Auction of commercial plots being organized by Capital Development Authority will commence today i.e September 21, 2020 at Jinnah Convention Center. The three days auction will remain continue on September 22, 2020 and will be concluded on September 23, 2020. Arrangements in this regard have been finalized.
The auction is being held in line with policy of the government for promotion of construction industry in the country. This is second auction of commercial plots CDA is going to hold within short period of three months. In July, CDA held historic auction of commercial plots, the investors expressed overwhelming enthusiasm and CDA auctioned 12 plots of Blue Area New vision against 17.4 billion rupees.
During three days auction proceedings, Capital development Authority will offer commercial plots from various developed sectors of Islamabad. Plots from Blue Area New Vision will also be offered for auction. Similarly industrial plots, agro farm plots, apartment plots and class III shopping centre plots will also be offered for auction. Plots from G-10 Markaz, I-8 Markaz, Diplomatic Enclave, F-10 Markaz, Industrial Triangle Kahuta and various class III shopping centers including G-9/1, G-9/2, G-10/3, G-11/4 and I-11/4 will be offered during upcoming auction. CDA has constituted a committee headed by Member Finance to conduct auction proceedings.
For more information, contact:
Public Relations Directorate
Capital Development Authority (CDA)
Main Office, G-7/4, Islamabad