12 commercial plots auctioned

Staff Report

ISLAMABAD: The Capital Development Authority (CDA) on Tuesday completed the grand auction held at a local hotel where 12 commercial plots of various categories were offered for open auction.

Out of these, the plots tagged as No 4 and No 13 are located at different Marakiz. The No 3 plots are located in Class III shopping centres; one plot is located in a wholesale market; and one at I&T Centre. The No 3 (Orchid) plots were also offered for auction.

Five commercial plots – No 2 at F11 Markaz; one at G9 Markaz and two plots of Class III shopping centre (F10/2) were auctioned. The highest bid (Rs 306,000 per square yard) was fetched by plot no 48 B in G9 Markaz, while the lowest bid (Rs 245,000 per square yard) was received by plot no 10, Class III shopping centre, F10/2.

Source: http://www.dailytimes.com.pk/default.asp?page=2012\09\12\story_12-9-2012_pg11_3