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MBS
( 1157 posts )

[28 Replies]
Well, yet another charming claim surfaced by cda - opening of new cda sectors c-15 and c-16.

Some talk happened last year and a refresher news came 2 months back. Here are the details:

The sector c-16 is spread over 4,500 kanals and would provide space for construction of 5,500 housing units, including 2,500 for affected people.

Both the sectors would be developed on land-sharing formula under which the cda would allot the land owners one kanal of developed land against four kanals of un-developed land acquired from them.

Location:
The sectors fall near nicholson monument that is very close to the gt road. The sectors will be linked by margalla avenue

Concerns:
-land is not yet acquired for c 13, 14, 15, 16
-poor record of cda
-margalla avenue construction (lost in gossips)
-number of non-developed sectors like e-12, g-14, etc

    2225 days ago In Where to Buy
    Post Answer
    PAKISTANI-1
    (3019 posts)
    This is like cda asking people to chase the tail-light of a truck. (truck di batti dey pichay laa deina kissay nu)

    As you have pointed out yourself, cda is already way behind schedule on almost all of its projects. Development in sector e-12 could not be launched for about 30 years! The hype of margalla avenue has died down and this project is in doldrums.

    I hope they can start these new projects, but i think only someone who is in his early twenties should invest in the hope that if he is lucky he may be able to retire there and play with his grand children in these sectors.
      2225 days ago 

      MBS
      (1157 posts)
      That's true. Its difficult to trust in cda but nevertheless, it has its own charm.

      Park enclave - the most expensive project is still in terrible shape but u hardly see its plots on sale.
      Or look at pha housing scheme on kuri road.
      Even e-12 and g-14 plots continue to gain spikes in prices just for the sake of being cda sectors.

      Rationally they all seem bad choices but people are happy to reserve their stakes in all cda sectors/schemes and frankly they don't suffer loss in cda even if there is no development.

      Cda sectors/schemes usually maintain a steady positive trend in their prices
        2224 days ago 

        MBS
        (1157 posts)
        So if it comes to my choice and these sectors are announced, i might as well try to grab an option there, regardless of all the dark sides of it.

        Margalla hills are too charming to resist. :)
          2224 days ago 

          Talib-e-ghil..
          (248 posts)
          Excellent job mbs!
          I have the fears of all cds sectors gaining price momentum with no ground work for decades, for this to increase the size of the real estate bubble and push it further to burst.
            2223 days ago 

            Anu
            (128 posts)
            Dear,

            What is the best way to get information about this lunch? What will be the procedure to get plot in this sector? It would be an installment bases or lum sum payment? Any idea about the opening price?
              2223 days ago 

              Syed Ibrhaim
              (1436 posts)
              If cda launched c 15 and c 16 it will be booked rapidly with in days because cda didnt launched any proper residential sector from last 15 years, agree with mbs people willl try to book there, it will be on installments plan not on lum sum, opening price will be high as compared to society rates.
                2223 days ago 

                PAKISTANI-1
                (3019 posts)
                Is it possible that cda may launch these sectors in partnership with the private sector such as for example multi, bahria, jammu kashmir etc as they did in the case of e-11?

                That will make these sectors more credible with guarantee of success. In that case it will be very useful to buy there because then it might be fully developed in 4-5 years max. What do you think ibrahim bhai?
                  2223 days ago 

                  PAKISTANI-1
                  (3019 posts)
                  I just checked out cda website. They have invited private survey firms to apply for topographical survey work for c-15, c-16 and i-12. 5000 kanals (undeveloped) per sector.

                  By the way the location of c-15 and c-16 seems very very close to the margalla reserve forest or actually inside the area where there are trees right now. These will be extremely beautiful sectors but this development will potentially damage the forest because you will have large scale human inhabitation right next to the jungle.

                  I think there is a chance that influential people who are part of the margalla hills society of islamabad and epa may raise objections and court petitions against these two sectors and may be able to get stay orders. Media could also get involved. To develop these two sectors, a lot of trees will need to be cut. Don't forget, these two sectors will be on the other side of margalla avenue (hills side).
                    2223 days ago 

                    MBS
                    (1157 posts)
                    Yes there is a possibility that cda does it on private partnership.
                      2223 days ago 

                      MBS
                      (1157 posts)
                      The good side is apparently there doesnt seem to be much encroachment there.
                        2223 days ago 

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