CDA okays bids for 7 commercial plots

ISLAMABAD – The Capital Development Authority (CDA) Board Thursday approved bids against seven commercial and five residential plots, while the Board also rejected bids against some seven residential and commercial plots terming them below the reserve price.

The bids were offered during the two days open auction of residential and commercial plots organized by the Authority.

The meeting of the CDA Board was presided over the Chairman CDA, Syed Tahir Shahbaz.  In residential category, the CDA Board accepted the bid of five (05) numbers of plots including Plot Nos. 535, 536, 537, 538 and 556 of Sector G-10.

While in commercial category, bids of seven (07) numbers of plots i.e. Plot No. 2 and 3 meant for mid rise economic apartments in Sector E-11, Northern Strip, in Blue Area Plot No.5 (F-8 / G-8), Plot B-2 (F-9 / G-9) and Plot No.B-3 (F-9 / G-9), Plot No.14, Markaz D-12, and Plot No.20 Sector G-11/3 (meant for Economic Flats) were accepted. The Chairman CDA appreciated the efforts of the auction committee for conducting successful bidding and said that the authority would make all out efforts for city development and provision of quality services to the residents of the federal capital.

Source: http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/islamabad/23-Nov-2012/cda-okays-bids-for-7-commercial-plots