{"id":64769,"date":"2020-04-28T15:16:29","date_gmt":"2020-04-28T10:16:29","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64769"},"modified":"2020-04-28T15:16:30","modified_gmt":"2020-04-28T10:16:30","slug":"cda-mulls-leasing-petrol-pump-sites-on-islamabad-expressway","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-mulls-leasing-petrol-pump-sites-on-islamabad-expressway.html","title":{"rendered":"CDA mulls leasing petrol-pump sites on Islamabad Expressway, Kashmir Highway"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) is considering leasing out petrol stations located alongside the Islamabad Expressway and the Kashmir Highway to generate a monthly income stream, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-urged-revise-building-byelaws-promote-activity-construction-industry.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA urged to revise building bylaws to promote construction activity<\/a><\/p>\n\n\n\n<p>The CDA\u2019s planning wing has identified ten sites alongside the city\u2019s two major roads, which will be reviewed and shortlisted by CDA Chairman Amer Ali Ahmed and a member planning. Five out of the given ten sites will likely be chosen, based on their ample potential to attract investors. A final decision in this regard will be made in the coming days.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-directed-to-submit-revised-pc-is-for-11th-12th-avenues-interchanges.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA directed to submit revised PC-Is for 11th, 12th Avenues Interchanges<\/a><\/p>\n\n\n\n<p>The CDA has already been selling land to cover the department\u2019s development and non-development costs. The source reported that due to its over 16,000 employees (including 10,000 who have been shifted to the Metropolitan Corporation Islamabad (MCI)), the income generated in terms of property tax collections and conservancy charges has been deemed to be insufficient.<\/p>\n\n\n\n<p>A <a href=\"https:\/\/www.zameen.com\/news\/park-enclave-ii-pc-1-to-be-tabled-before-cda-dwp-this-week.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA<\/a> official revealed that after the CDA-MCI staff issues have been resolved, the development authority will be left with only 4,000 employees \u2014 which, in turn, is expected to lead to reduced expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) is considering leasing out petrol stations located alongside the Islamabad Expressway and the Kashmir Highway to generate a monthly income stream, according to news sources. Read: CDA urged to revise building bylaws to promote construction activity The CDA\u2019s planning wing has identified ten sites alongside the city\u2019s two major roads, which will be reviewed and shortlisted by CDA Chairman Amer Ali Ahmed and a member planning. Five out of the given ten sites will likely be chosen, based on their ample potential to attract investors. A final decision in this regard will be made in the coming days. Read: CDA directed to submit revised PC-Is for 11th, 12th Avenues Interchanges The CDA has already been selling land to cover the department\u2019s development and non-development costs. The source reported that due to its over 16,000 employees (including 10,000 who have been shifted to the Metropolitan Corporation Islamabad (MCI)), the income generated in terms of property tax collections and conservancy charges has been deemed to be insufficient. A CDA official revealed that after the CDA-MCI staff issues have been resolved, the development authority will be left with only 4,000 employees \u2014 which, in turn, is expected&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[21514,27491],"persona":[],"class_list":{"0":"post-64769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-capital-development-authority-cda","9":"tag-cda-mulls-leasing-petrol-pump-sites-on-islamabad-expressway","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDA to lease petrol-pump sites on Islamabad Expressway - Zameen News<\/title>\n<meta name=\"description\" content=\"Capital Development Authority (CDA) is considering leasing out petrol stations located alongside the Islamabad Expressway and the Kashmir Highway\" \/>\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-mulls-leasing-petrol-pump-sites-on-islamabad-expressway.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA to lease petrol-pump sites on Islamabad Expressway - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Capital Development Authority (CDA) is considering leasing out petrol stations located alongside the Islamabad Expressway and the Kashmir Highway\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-mulls-leasing-petrol-pump-sites-on-islamabad-expressway.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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