{"id":55541,"date":"2019-09-23T16:20:34","date_gmt":"2019-09-23T11:20:34","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=55541"},"modified":"2019-09-24T17:37:50","modified_gmt":"2019-09-24T12:37:50","slug":"rda-grants-commercial-status-to-16-roads","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/rda-grants-commercial-status-to-16-roads.html","title":{"rendered":"RDA grants commercial status to 16 roads"},"content":{"rendered":"<p>Rawalpindi: The Rawalpindi Development Authority (RDA) has declared 16 major roads in the city as commercial establishments, a news source reported. As per officials, the authority has accorded this status in its bid to generate additional revenue worth millions of rupees in terms of map approval fee payments and property taxes &#8211; which will now be collected as per the rates applicable on commercial properties.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/rda-assigns-commercial-status-25-roads-markets.html\" target=\"_blank\" rel=\"noopener noreferrer\">RDA assigns commercial status to 25 roads, markets<\/a><\/p>\n<p>Some of these roads include Dhamiyal Road, Kallar Syedan Road, Morgah Oil Refinary Road, Mohala Raja Sultan Road, Dhok Elahi Bakhsh Road, Link Bajnial Road near Dhama Phatak, Lakhoder Road, and Dastgir Road.<\/p>\n<p>According to reports, the change in real estate status would allow the RDA to collect map approval fee payments, as well as <a href=\"https:\/\/www.zameen.com\/news\/rda-increase-property-transfer-fees-rawalpindi.html\" target=\"_blank\" rel=\"noopener noreferrer\">property transfer fee<\/a> and taxes, on properties located on these roads according to commercial rates. In addition, the utility bills for these units will also be now prepared in accordance with the commercial tariff.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/rda-to-convert-roads-for-accommodating-one-way-traffic.html\" target=\"_blank\" rel=\"noopener noreferrer\">RDA to convert roads for accommodating one-way traffic<\/a><\/p>\n<p>Following the issuance of the commercial status, the market value of the properties situated on the said roads has increased &#8211; since these units will now be purchased and sold as commercial establishments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rawalpindi: The Rawalpindi Development Authority (RDA) has declared 16 major roads in the city as commercial establishments, a news source reported. As per officials, the authority has accorded this status in its bid to generate additional revenue worth millions of rupees in terms of map approval fee payments and property taxes &#8211; which will now be collected as per the rates applicable on commercial properties. Read:\u00a0RDA assigns commercial status to 25 roads, markets Some of these roads include Dhamiyal Road, Kallar Syedan Road, Morgah Oil Refinary Road, Mohala Raja Sultan Road, Dhok Elahi Bakhsh Road, Link Bajnial Road near Dhama Phatak, Lakhoder Road, and Dastgir Road. According to reports, the change in real estate status would allow the RDA to collect map approval fee payments, as well as property transfer fee and taxes, on properties located on these roads according to commercial rates. In addition, the utility bills for these units will also be now prepared in accordance with the commercial tariff. Read:\u00a0RDA to convert roads for accommodating one-way traffic Following the issuance of the commercial status, the market value of the properties situated on the said roads has increased &#8211; since these units will now be purchased and sold&hellip;<\/p>\n","protected":false},"author":18,"featured_media":24610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13119],"persona":[],"class_list":{"0":"post-55541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-rda-grants-commercial-status-to-16-roads"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RDA grants commercial status to 16 roads - Zameen News<\/title>\n<meta name=\"description\" content=\"Rawalpindi: The Rawalpindi Development Authority (RDA) has declared 16 major roads in the city as commercial establishments, a news source reported. 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