{"id":70798,"date":"2020-09-23T09:24:03","date_gmt":"2020-09-23T04:24:03","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=70798"},"modified":"2020-09-23T09:24:05","modified_gmt":"2020-09-23T04:24:05","slug":"cda-3-5-bn-day-one-three-day-auction","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-3-5-bn-day-one-three-day-auction.html","title":{"rendered":"CDA receives PKR 3.5bn on day one of three-day auction"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) has received PKR 3.5 billion on the first day of its three-day auction of commercial plots, according to a news source. It collected the said amount through the auction of five commercial plots out of the total 28 commercial plots on sale.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/new-blue-area-plots-auction-cda-collects-pkr-7-bn-first-instalment.html\" target=\"_blank\" rel=\"noreferrer noopener\">New Blue Area Plots Auction: CDA collects PKR 7 bn in first instalment<\/a><\/p>\n\n\n\n<p>The CDA is expecting to earn around PKR five to eight billion in this three-day auction, which is being held at Jinnah Convention Centre. Mazhar Hussain, a spokesman for the CDA, revealed this information and also stated that the bidding had been very enthusiastic. He added that this amount will be used to develop the city.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/cda-kurang-road-expansion-bids.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA shares details on bids received for Kurang Road expansion<\/a><\/p>\n\n\n\n<p>Previously in July, the civic body  had auctioned off 12 plots in Blue Area for over PKR 17 billion. Now, its focus is on commercial plots situated in Blue Area, I-8 Markaz, Diplomatic Enclave, F-10 Markaz, G-10 Markaz, and Industrial Triangle Kahuta. In addition, various Class III shopping centres have also been selected for auction in Sectors G-9\/1, G-9\/2, G-10\/3, G-11\/4, and I-11\/4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) has received PKR 3.5 billion on the first day of its three-day auction of commercial plots, according to a news source. It collected the said amount through the auction of five commercial plots out of the total 28 commercial plots on sale. Read: New Blue Area Plots Auction: CDA collects PKR 7 bn in first instalment The CDA is expecting to earn around PKR five to eight billion in this three-day auction, which is being held at Jinnah Convention Centre. Mazhar Hussain, a spokesman for the CDA, revealed this information and also stated that the bidding had been very enthusiastic. He added that this amount will be used to develop the city. Read: CDA shares details on bids received for Kurang Road expansion Previously in July, the civic body had auctioned off 12 plots in Blue Area for over PKR 17 billion. Now, its focus is on commercial plots situated in Blue Area, I-8 Markaz, Diplomatic Enclave, F-10 Markaz, G-10 Markaz, and Industrial Triangle Kahuta. In addition, various Class III shopping centres have also been selected for auction in Sectors G-9\/1, G-9\/2, G-10\/3, G-11\/4, and I-11\/4.<\/p>\n","protected":false},"author":58,"featured_media":60265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[21260,35077],"persona":[],"class_list":{"0":"post-70798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-auction-of-commercial-plots","9":"tag-cda-auction","10":"cat-15016-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 receives PKR 3.5bn on day one of three-day auction - Zameen News<\/title>\n<meta name=\"description\" content=\"The CDA earned PKR 3.5 million in the first day of its three-day auction for commercial plots in various sectors of Islamabad.\" \/>\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-3-5-bn-day-one-three-day-auction.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA receives PKR 3.5bn on day one of three-day auction - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The CDA earned PKR 3.5 million in the first day of its three-day auction for commercial plots in various sectors of Islamabad.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-3-5-bn-day-one-three-day-auction.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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