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KDA to Hold Two-Day Auction of Commercial Plots Today

According to a news report, the Karachi Development Authority (KDA) will organize a two-day auction of its commercial plots in the KDA Seminar Hall on the first floor of the Karachi Civic Centre.

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There will be a total of 47 business plots and 1 residential site up for auction. These plots are located in the Surjani, North Karachi, Korangi, Old Nazimabad, Clifton, and Gulistan-e-Jauhar Townships.

At the aforementioned auction, there will also be eight commercial plots in Surjani Township that range in size from 250 square yards to 800 square yards. Each plot requires a security deposit of PKR 500,000.

23 commercial plots in North Karachi Township, Clifton, Old Nazimabad, and Gulistan-e-Jauhar will be put up for auction by the KDA on April 22. Seven of these have a size of up to 150 square yards and are located in North Karachi Township. Each plot requires a security deposit of PKR 500,000.

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A security deposit of PKR 1,000,000 is required to bid on a 600 square yard business land in Old Nazimabad. Another 400 square yard business land in Clifton is available with a PKR 1,000,000 security deposit.

At Gulistan-e-Jauhar, 13 commercial plots totaling 400 square yards will also be put up for auction. Each plot requires a security deposit of PKR 1,000,000.

Please check out the Al Sadat Marketing website to find out what’s going on.

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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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Syed Sadat Hussain Shah

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