Second day of Auction of Plots

Islamabad, May 31, 2023 (PPI-OT): Capital Development Authority received a full review on the second day of the auction of the plots. 15 plots have been sold for over 18.50 billion in the auction so far. The auction of the plots will also be held at Jinnah Convention Centre on May 31st

Oversight of auction is being conducted by the auction committee chaired by CDA Member Finance. Other members of the committee are Member State, Member Planning and Design, DFA-II, DG Law, Director Urban Planning, Director Regional Planning, Director Estate Management-II and Director Finance. Are.

It is clear that the committee has made effective arrangements to make the public auction transparent and competitive atmosphere. Due to which the investors are increasingly participating in the bidding and getting plots of their choice. The bids received will be presented before the CDA Board after a thorough verification which is the authorized forum for approval or rejection of bids.

For more information, contact:

Public Relations Directorate

Capital Development Authority (CDA)

Main Office, G-7/4, Islamabad

Tel: +92-51-9252614

Email: getreply@cda.gov.pk

Website: www.cda.gov.pk