{"id":49669,"date":"2019-02-21T17:28:54","date_gmt":"2019-02-21T12:28:54","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=49669"},"modified":"2019-02-21T17:29:22","modified_gmt":"2019-02-21T12:29:22","slug":"fgehf-auctions-commercial-plots-earns-over-pkr-700-mn","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fgehf-auctions-commercial-plots-earns-over-pkr-700-mn.html","title":{"rendered":"FGEHF auctions commercial plots, earns over PKR 700 mn"},"content":{"rendered":"<p>Islamabad: The Federal Government Employees Housing Foundation (FGEHF) on Wednesday auctioned several commercial plots situated in sectors G-13 and G-14\/4 of the capital city \u2013 a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fgehf-invites-bids-to-develop-sector-g-144.html\">FGEHF invites bids to develop Sector G-14\/4<\/a><\/p>\n<p>A ceremony to this effect took place at the Islamabad Hotel Melody. FGEHF Director General Waseem Hayat and senior officials of the Ministry of Housing &amp; Works were all present at the occasion.<\/p>\n<p>At least 15 commercial plots were put up for auction. The event began at 10 in the morning and continued till 4 in the evening. The authority managed to earn PKR 706.35 million through the auction process.<\/p>\n<p>A plot situated in sector G-13\/2 measuring 233.33 square yards fetched a price of PKR 88 million. The same plot had received the highest bid offer of PKR 380,000 per square yards. Similarly, two plots in the same sector &#8211; measuring 500 square yards \u2013 were each auctioned for PKR 262,000 per square yard.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/fgehf-to-auction-commercial-plots-in-g-1314.html\">FGEHF to auction commercial plots in G-13\/14<\/a><\/p>\n<p>Nine of the 15 plots were auctioned, while the authority deferred the auction of six plots. FGEHF plans to spend the amount received on the development of sectors G-13 and G-14\/4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Government Employees Housing Foundation (FGEHF) on Wednesday auctioned several commercial plots situated in sectors G-13 and G-14\/4 of the capital city \u2013 a news source reported. Read:\u00a0FGEHF invites bids to develop Sector G-14\/4 A ceremony to this effect took place at the Islamabad Hotel Melody. FGEHF Director General Waseem Hayat and senior officials of the Ministry of Housing &amp; Works were all present at the occasion. At least 15 commercial plots were put up for auction. The event began at 10 in the morning and continued till 4 in the evening. The authority managed to earn PKR 706.35 million through the auction process. A plot situated in sector G-13\/2 measuring 233.33 square yards fetched a price of PKR 88 million. The same plot had received the highest bid offer of PKR 380,000 per square yards. Similarly, two plots in the same sector &#8211; measuring 500 square yards \u2013 were each auctioned for PKR 262,000 per square yard. Read:\u00a0FGEHF to auction commercial plots in G-13\/14 Nine of the 15 plots were auctioned, while the authority deferred the auction of six plots. FGEHF plans to spend the amount received on the development of sectors G-13 and G-14\/4.<\/p>\n","protected":false},"author":67,"featured_media":13110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[10608],"persona":[],"class_list":{"0":"post-49669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-fgehf-auctions-commercial-plots-in-sectors-g-13-and-g-144"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FGEHF auctions commercial plots, earns over PKR 700 mn - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Government Employees Housing Foundation (FGEHF) on Wednesday auctioned several commercial plots situated in sectors G-13 and G-14\/4\" \/>\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\/fgehf-auctions-commercial-plots-earns-over-pkr-700-mn.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FGEHF auctions commercial plots, earns over PKR 700 mn - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Federal Government Employees Housing Foundation (FGEHF) on Wednesday auctioned several commercial plots situated in sectors G-13 and G-14\/4\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fgehf-auctions-commercial-plots-earns-over-pkr-700-mn.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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