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CDA’s Plot Auction Receives Impressive Response From Investors

On the first day of a two-day auction in Islamabad, the Capital Development Authority (CDA) received an extraordinary reaction from investors as it auctioned 13 commercial plots for over Rs 20 billion.

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The CDA has put 29 properties up for auction; on the first day, the Jinnah Convention Centre successfully auctioned all 13 sites.

In its annual budget for the current fiscal year 2021-22, the authority had projected 20 billion rupees in revenue from this two-day auction, but it achieved this amount on the first day.

On the first day, according to the details, four commercial plots in I-8, two in G-10 Markaz, one in F-11 Markaz, two in I-12 Markaz, and four in Blue Area were auctioned off.

Being auctioned are commercial/shopping centre plots, as well as plots for hospitals, gas stations, hotels, residences, and shopping malls.

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In addition to other considerations, luring investors was aided by the prime minister’s package for the construction industry and the new policies of the municipal agency, which included a 10 percent discount on full payment and streamlined clearance of building designs, according to another official.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

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Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

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