{"id":70809,"date":"2020-09-23T13:51:22","date_gmt":"2020-09-23T08:51:22","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=70809"},"modified":"2020-09-23T17:24:40","modified_gmt":"2020-09-23T12:24:40","slug":"cda-auction-second-day-authority-reports-on-enthusiastic-response-from-bidders","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-auction-second-day-authority-reports-on-enthusiastic-response-from-bidders.html","title":{"rendered":"CDA Auction Second Day: Authority reports on \u2018enthusiastic response\u2019 from bidders"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) on Tuesday stated that it had received \u2018an even more enthusiastic response\u2019 during the second day of its three-day auction event for plots, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-civil-bodies-provide-utilities-in-i-11.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA requests civil bodies to provide utilities in I-11<\/a><\/p>\n\n\n\n<p>CDA Spokesperson Mazhar Hussain stated the authority during the first day had received bids to the tune of PKR 3.5 billion against five commercial plots, whereas the bids notified for the CDA auction second day amounted to PKR 15.5 billion for nine commercial plots.<\/p>\n\n\n\n<p>During the auction, commercial plots from Blue Area, Sector G-11\/3, Sector F-10, Diplomatic Enclave, Orchard Scheme, Industrial Triangle Kahuta, and Industrial area I-10\/3 were presented.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-announces-dates-for-2nd-auction-of-commercial-plots.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA announces dates for 2nd auction of commercial plots<\/a><\/p>\n\n\n\n<p>The proceedings will continue for a third day on Wednesday. According to Hussain, the public response and receipt of PKR 19 billion in two days for 14 plots \u2018attests to the confidence of investors in the policies of the incumbent CDA administration\u2019. The CDA Board will grant the final approval to the proposed bids.<\/p>\n\n\n\n<p>Moreover, the <a href=\"https:\/\/www.zameen.com\/news\/cda-3-5-bn-day-one-three-day-auction.html\" target=\"_blank\" rel=\"noreferrer noopener\">three-day auction<\/a> is being supervised by a 10-member committee headed by Member Finance of the civic authority.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) on Tuesday stated that it had received \u2018an even more enthusiastic response\u2019 during the second day of its three-day auction event for plots, according to news sources. Read: CDA requests civil bodies to provide utilities in I-11 CDA Spokesperson Mazhar Hussain stated the authority during the first day had received bids to the tune of PKR 3.5 billion against five commercial plots, whereas the bids notified for the CDA auction second day amounted to PKR 15.5 billion for nine commercial plots. During the auction, commercial plots from Blue Area, Sector G-11\/3, Sector F-10, Diplomatic Enclave, Orchard Scheme, Industrial Triangle Kahuta, and Industrial area I-10\/3 were presented. Read: CDA announces dates for 2nd auction of commercial plots The proceedings will continue for a third day on Wednesday. According to Hussain, the public response and receipt of PKR 19 billion in two days for 14 plots \u2018attests to the confidence of investors in the policies of the incumbent CDA administration\u2019. The CDA Board will grant the final approval to the proposed bids. Moreover, the three-day auction is being supervised by a 10-member committee headed by Member Finance of the civic authority.<\/p>\n","protected":false},"author":75,"featured_media":70814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[40124,3827,40125],"persona":[],"class_list":{"0":"post-70809","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-cda-auction-second-day-recieves-enthusiastic-response","10":"tag-cda-auctioning-commercial-plots","11":"tag-cda-three-day-auction","12":"cat-15016-id","13":"cat-15017-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 Auction Second Day recieves enthusiastic response - Zameen News<\/title>\n<meta name=\"description\" content=\"CDA Spokesperson Mazhar Hussain stated the bids notified for CDA auction second day amounted to PKR 15.5 billion for nine commercial plots.\" \/>\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-auction-second-day-authority-reports-on-enthusiastic-response-from-bidders.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA Auction Second Day recieves enthusiastic response - Zameen News\" \/>\n<meta property=\"og:description\" content=\"CDA Spokesperson Mazhar Hussain stated the bids notified for CDA auction second day amounted to PKR 15.5 billion for nine commercial plots.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-auction-second-day-authority-reports-on-enthusiastic-response-from-bidders.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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