{"id":100440,"date":"2024-11-11T10:44:28","date_gmt":"2024-11-11T05:44:28","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=100440"},"modified":"2024-11-11T10:53:31","modified_gmt":"2024-11-11T05:53:31","slug":"govt-houses-in-islamabad-may-be-replaced-with-high-rises-under-new-proposal","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-houses-in-islamabad-may-be-replaced-with-high-rises-under-new-proposal.html","title":{"rendered":"Govt houses in Islamabad may be replaced with high-rises under new proposal"},"content":{"rendered":"\n<p>Islamabad: The Special Investment Facilitation Council (SIFC) has initiated preliminary discussions to replace old government houses in prime sectors of Islamabad with high-rise developments, a move aimed at unlocking billions of rupees in state-owned land value.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The proposal targets sectors F-6, G-6, and G-7, currently occupied by single-storey government residences. In F-6, these include large houses for senior officials with servant quarters. Officials believe demolishing these residences could make way for multiple high-rise buildings, optimizing land use and meeting Islamabad\u2019s urban development needs. \u201cA vertical construction approach is essential to preserve Islamabad\u2019s land resources,\u201d an anonymous government official stated.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-high-rise-commercial-buildings-survey.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to conduct survey for structural stability of all high-rise, commercial buildings<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The single-storey houses in G-6\/1 alone cover 86 acres, which a recent study found could be condensed into high-rise buildings on just nine acres\u2014freeing up approximately 77 acres valued at PKR 52 billion.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Although the idea of replacing these homes with high-rises has been discussed for decades, no concrete action has been taken. Recently, the SIFC sent an official letter to the Capital Development Authority (CDA) requesting input on vertical development, specifically in G-6\/1. This request was prompted by a PIDE article on \u201cdead capital,\u201d which highlighted underutilized urban land as a significant financial burden, particularly in cases like Islamabad\u2019s government housing.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>According to PIDE\u2019s study, replacing the current homes with high-rise structures in G-6\/1 could free up valuable land worth PKR 52 billion and potentially add 0.09% to Pakistan\u2019s annual GDP. This approach has been implemented in countries such as the UK and India, where vertical development on government-owned land has shown economic benefits.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/rda-construct-high-rise-building-murree-road.html\" target=\"_blank\" rel=\"noreferrer noopener\">RDA to construct high rise building on Murree Road<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>While the plan is still in its early stages, with the SIFC describing it as &#8220;raw,&#8221; it has requested CDA\u2019s feedback before moving forward. \u201cLet\u2019s see what happens,\u201d commented an SIFC source, noting that vertical development is common in major cities worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Special Investment Facilitation Council (SIFC) has initiated preliminary discussions to replace old government houses in prime sectors of Islamabad with high-rise developments, a move aimed at unlocking billions of rupees in state-owned land value. The proposal targets sectors F-6, G-6, and G-7, currently occupied by single-storey government residences. In F-6, these include large houses for senior officials with servant quarters. Officials believe demolishing these residences could make way for multiple high-rise buildings, optimizing land use and meeting Islamabad\u2019s urban development needs. \u201cA vertical construction approach is essential to preserve Islamabad\u2019s land resources,\u201d an anonymous government official stated. Read:CDA to conduct survey for structural stability of all high-rise, commercial buildings The single-storey houses in G-6\/1 alone cover 86 acres, which a recent study found could be condensed into high-rise buildings on just nine acres\u2014freeing up approximately 77 acres valued at PKR 52 billion. Although the idea of replacing these homes with high-rises has been discussed for decades, no concrete action has been taken. Recently, the SIFC sent an official letter to the Capital Development Authority (CDA) requesting input on vertical development, specifically in G-6\/1. This request was prompted by a PIDE article on \u201cdead capital,\u201d which highlighted underutilized urban&hellip;<\/p>\n","protected":false},"author":18,"featured_media":100445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[319,60377,20718,60374,12571,41,60380,60381,60376,33,60375,60379,60378],"persona":[],"class_list":{"0":"post-100440","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-cda","9":"tag-dead-capital","10":"tag-economic-development","11":"tag-government-housing","12":"tag-high-rise-buildings","13":"tag-islamabad","14":"tag-land-optimization","15":"tag-national-treasury","16":"tag-pide","17":"tag-real-estate","18":"tag-sifc","19":"tag-urban-land-use","20":"tag-vertical-development","21":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt houses in may be replaced with high-rises - Zameen News<\/title>\n<meta name=\"description\" content=\"Replacing the current homes with high-rise structures in G-6\/1 could free up valuable land worth Rs52 billion and potentially ad...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-houses-in-islamabad-may-be-replaced-with-high-rises-under-new-proposal.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt houses in may be replaced with high-rises - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Replacing the current homes with high-rise structures in G-6\/1 could free up valuable land worth Rs52 billion and potentially ad...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-houses-in-islamabad-may-be-replaced-with-high-rises-under-new-proposal.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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