{"id":69996,"date":"2020-09-02T14:52:42","date_gmt":"2020-09-02T09:52:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=69996"},"modified":"2020-09-02T17:38:50","modified_gmt":"2020-09-02T12:38:50","slug":"cda-announces-dates-for-2nd-auction-of-commercial-plots","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-announces-dates-for-2nd-auction-of-commercial-plots.html","title":{"rendered":"CDA announces dates for 2nd auction of commercial plots"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) administration has made arrangements to hold another auction of commercial plots located in various developed sectors of the city from September 21 to 23 \u2014 with the initiative falling in line with the government\u2019s policy to promote the country\u2019s construction sector, according to a news source published on September 2.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-announce-pending-built-up-property-award-7-sectors.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to announce pending \u2018Built-Up Property\u2019 award for 7 sectors<\/a><\/p>\n\n\n\n<p>This second auction of commercial plots by the CDA is expected to be held within three months of the first successful auction. Previously, 12 commercial plots worth PKR 17.4 billion were auctioned off in the city\u2019s <a href=\"https:\/\/www.zameen.com\/news\/cda-auctions-20-residential-for-pkr-696-mn.html\" target=\"_blank\" rel=\"noreferrer noopener\">New Blue Area<\/a> \u2014 with the final sum collected beyond the authority\u2019s original estimations.<\/p>\n\n\n\n<p>The proposed auctions are aimed at further cementing the investors\u2019 confidence in the investment-friendly policies recently introduced by the CDA and the federal government.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-invites-construction-bids-for-south-blue-areas-service-road.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA invites construction bids for South Blue Area\u2019s service road<\/a><\/p>\n\n\n\n<p>The auction is expected to encompass plots from the New Blue Area, the Diplomatic Enclave, F-10 Markaz, G-10 Markaz, I-8 Markaz, Industrial Triangle Kahuta, and various Class-III shopping centres in Sectors G-9\/1, G-9\/2, G-10\/3, G-11\/4 and I-11\/4. The types of plots presented at the planned auction will be suitable for setting up industrial units, agricultural farms, apartment structures, and shopping malls.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.zameen.com\/forum\/answers\/buying_property\/dates_for_cda_s_second_auction_of_commercial_plots_-33715.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA<\/a> has also formed a committee \u2014 headed by Member Finance \u2014 to preside over the auction proceedings. In addition, the brochures for the said auction are available at the One Window Operation Directorate and designated branches of various banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) administration has made arrangements to hold another auction of commercial plots located in various developed sectors of the city from September 21 to 23 \u2014 with the initiative falling in line with the government\u2019s policy to promote the country\u2019s construction sector, according to a news source published on September 2. Read: CDA to announce pending \u2018Built-Up Property\u2019 award for 7 sectors This second auction of commercial plots by the CDA is expected to be held within three months of the first successful auction. Previously, 12 commercial plots worth PKR 17.4 billion were auctioned off in the city\u2019s New Blue Area \u2014 with the final sum collected beyond the authority\u2019s original estimations. The proposed auctions are aimed at further cementing the investors\u2019 confidence in the investment-friendly policies recently introduced by the CDA and the federal government. Read: CDA invites construction bids for South Blue Area\u2019s service road The auction is expected to encompass plots from the New Blue Area, the Diplomatic Enclave, F-10 Markaz, G-10 Markaz, I-8 Markaz, Industrial Triangle Kahuta, and various Class-III shopping centres in Sectors G-9\/1, G-9\/2, G-10\/3, G-11\/4 and I-11\/4. The types of plots presented at the planned auction will be&hellip;<\/p>\n","protected":false},"author":75,"featured_media":67026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385],"tags":[21260,38369,35077,20851],"persona":[],"class_list":{"0":"post-69996","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-auction-of-commercial-plots","10":"tag-cda-announces-dates-for-2nd-auction-of-commercial-plots","11":"tag-cda-auction","12":"tag-new-blue-area","13":"cat-15013-id","14":"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 announces dates for 2nd auction of commercial plots - Zameen News<\/title>\n<meta name=\"description\" content=\"CDA administration has made arrangements to hold another auction of commercial plots located in various developed sectors of the city\" \/>\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-announces-dates-for-2nd-auction-of-commercial-plots.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA announces dates for 2nd auction of commercial plots - Zameen News\" \/>\n<meta property=\"og:description\" content=\"CDA administration has made arrangements to hold another auction of commercial plots located in various developed sectors of the city\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-announces-dates-for-2nd-auction-of-commercial-plots.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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