The Capital Development Authority (CDA) is gearing up for an imperative commercial plot auction in Islamabad to propel its financial stability. Scheduled for January 10-12 at the esteemed Ghandra Hall, F9 Park, this significant event will feature 35 sought-after commercial plots within the city’s prime locations.
The auction is meticulously structured over three days, offering a spectrum of investment opportunities. The first day will kick off with 11 versatile plots, including 8 prime spots city-wide, 2 plots in the bustling Blue Area, and 1 valuable plot on Park Road. Investors can anticipate a diverse portfolio on the second day, with 10 plots designed for various uses—3 for apartments, 1 for a hotel venture, 1 for a petrol pump facility, 2 earmarked for hospital development, and 2 plots reserved for timber businesses.
Wrapping up the auction, the third and final day will present 14 plots: 2 for agro farms, 3 dedicated to I&T Centers, 1 plot for the historic Aabpara Market, and 6 for Class Three shopping centers, each plot beckoning promising investment returns.
The CDA highlights the auctions’ fiscal significance, considering the pressing financial challenges confronting the authority. With critical development projects on hold, the upcoming auction stands as a key strategy to revitalize the CDA’s funds and foster the continuation of essential infrastructure developments in Islamabad.
Prospective bidders and investors are invited to participate in this pivotal auction, as the CDA seeks to harness this event to surmount its financial hurdles and usher in a new era of growth and prosperity for the capital.
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