{"id":56714,"date":"2019-10-24T12:32:21","date_gmt":"2019-10-24T07:32:21","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56714"},"modified":"2019-10-24T12:32:21","modified_gmt":"2019-10-24T07:32:21","slug":"cda-earns-pkr-2-815-bn-second-day-plot-auction","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-earns-pkr-2-815-bn-second-day-plot-auction.html","title":{"rendered":"CDA earns PKR 2.815 bn on second day of plot auction"},"content":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA), during the second day of its biannual auction event which began on Tuesday, earned PKR 2.815 billion through the bidding of eight commercial plots, according to news sources. As per details, the event is set to conclude today (October 24).<\/p>\n<p>According to officials, <a href=\"https:\/\/www.zameen.com\/news\/cda-auctions-20-residential-for-pkr-696-mn.html\" target=\"_blank\" rel=\"noopener noreferrer\">this year\u2019s auction <\/a>witnessed an impressive crowd and was conducted in a transparent manner. The proceeding of the auction was supervised by a high-level auction committee that was led by the authority\u2019s member estate.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/seventh-avenue-to-be-presented-before-cda-dwp-in-next-meeting.html\" target=\"_blank\" rel=\"noopener noreferrer\">Seventh Avenue to be presented before CDA DWP in next meeting<\/a><\/p>\n<p>The details of the plots auctioned are as follows:<\/p>\n<p>Markaz G-9: Plot no 40-B (733.33 sq yds); received a bid of PKR 500,000 per sq yd<\/p>\n<p>Markaz G-9: Plot no 31-B (205.55 sq yds); received a bid of PKR 1,170,000 per sq yd<\/p>\n<p>Markaz G-10: Plot no 23-B (333.33 sq yds); received a bid of PKR 1.050,000 per sq yd<\/p>\n<p>Markaz D-12: Plot no 13 (711.11 sq yds); received a bid of PKR 530,000 per sq yd<\/p>\n<p>Markaz D-12: Plot no 13-A (711.11 sq yds); received a bid of PKR 480,000 per sq yd<\/p>\n<p>Markaz I-8: Plot no 27 (1,111.11 sq yds); received a bid of PKR 805,000 per sq yd<\/p>\n<p>Sector F-11\/2: Plot no 10 (1,066.66 sq yds); received a bid of PKR 122,000 per sq yd<\/p>\n<p>Park Enclave: Plot no 32 (266.66 sq yds); received a bid of PKR 431,000 per sq yd<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-expedites-sector-d-12-uplift-project.html\" target=\"_blank\" rel=\"noopener noreferrer\">CDA expedites Sector D-12 uplift project<\/a><\/p>\n<p>The income generated through the auction of commercial plots in 2019 will be utilised to develop various sectors in Islamabad. Moreover, the rise in bidding amounts on day two was associated with peoples\u2019 trust in the department policies. The committee spearheading the auction will present its recommendations before the CDA board for final approval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA), during the second day of its biannual auction event which began on Tuesday, earned PKR 2.815 billion through the bidding of eight commercial plots, according to news sources. As per details, the event is set to conclude today (October 24). According to officials, this year\u2019s auction witnessed an impressive crowd and was conducted in a transparent manner. The proceeding of the auction was supervised by a high-level auction committee that was led by the authority\u2019s member estate. Read:\u00a0Seventh Avenue to be presented before CDA DWP in next meeting The details of the plots auctioned are as follows: Markaz G-9: Plot no 40-B (733.33 sq yds); received a bid of PKR 500,000 per sq yd Markaz G-9: Plot no 31-B (205.55 sq yds); received a bid of PKR 1,170,000 per sq yd Markaz G-10: Plot no 23-B (333.33 sq yds); received a bid of PKR 1.050,000 per sq yd Markaz D-12: Plot no 13 (711.11 sq yds); received a bid of PKR 530,000 per sq yd Markaz D-12: Plot no 13-A (711.11 sq yds); received a bid of PKR 480,000 per sq yd Markaz I-8: Plot no 27 (1,111.11 sq yds); received a bid of&hellip;<\/p>\n","protected":false},"author":75,"featured_media":56673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13574],"persona":[],"class_list":{"0":"post-56714","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-cda-earns-pkr-2-815-bn-on-second-day-of-plot-auction"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDA earns PKR 2.815 bn on second day of plot auction - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Capital Development Authority (CDA), during the second day of its biannual auction event which began on Tuesday, earned PKR 2.815 billion\" \/>\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\/cda-earns-pkr-2-815-bn-second-day-plot-auction.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA earns PKR 2.815 bn on second day of plot auction - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Capital Development Authority (CDA), during the second day of its biannual auction event which began on Tuesday, earned PKR 2.815 billion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-earns-pkr-2-815-bn-second-day-plot-auction.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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