{"id":73169,"date":"2021-01-04T16:54:00","date_gmt":"2021-01-04T11:54:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=73169"},"modified":"2021-01-04T16:54:06","modified_gmt":"2021-01-04T11:54:06","slug":"100bn-worth-of-economic-activity-in-islamabad-in-2020","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/100bn-worth-of-economic-activity-in-islamabad-in-2020.html","title":{"rendered":"PKR 100bn worth of economic activity generated in Islamabad last year: CDA"},"content":{"rendered":"\n<p>Islamabad: The capital city was seen to generate PKR 100 billion worth of economic activity following the initiation of various uplift schemes aimed at reviving the construction sector during 2020, according to a report publicized by the Capital Development Authority (CDA).<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-establish-special-technology-zone-shahzad-town.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to establish special technology zone in Shahzad Town<\/a><\/p>\n\n\n\n<p>Moreover, the Building Control Section (BCS) of the civic agency approved the maps of 2,315 buildings spanning over 22 million square feet and received PKR 1.92 billion in terms of fee. In 2019, the section had provided its approval to 2,075 residential and 138 commercial buildings.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-resume-one-window-service.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to resume one-window service<\/a><\/p>\n\n\n\n<p>CDA spokesperson Mohsin Sherazi said that in the past the civic agency did not give enough attention to the approval of private housing societies which had resulted in an increased number of illegal structures in the city. Not to mention that the civic agency also suffered economic loss as investors hesitated from funding in real estate projects. Sherazi also revealed that the government\u2019s policy to uplift the construction sector will also boost <a href=\"https:\/\/www.zameen.com\/news\/cda-chief-satisfied-with-beautification-projects-in-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA\u2019<\/a>s revenue in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The capital city was seen to generate PKR 100 billion worth of economic activity following the initiation of various uplift schemes aimed at reviving the construction sector during 2020, according to a report publicized by the Capital Development Authority (CDA). Read: CDA to establish special technology zone in Shahzad Town Moreover, the Building Control Section (BCS) of the civic agency approved the maps of 2,315 buildings spanning over 22 million square feet and received PKR 1.92 billion in terms of fee. In 2019, the section had provided its approval to 2,075 residential and 138 commercial buildings. Read: CDA to resume one-window service CDA spokesperson Mohsin Sherazi said that in the past the civic agency did not give enough attention to the approval of private housing societies which had resulted in an increased number of illegal structures in the city. Not to mention that the civic agency also suffered economic loss as investors hesitated from funding in real estate projects. Sherazi also revealed that the government\u2019s policy to uplift the construction sector will also boost CDA\u2019s revenue in the coming years.<\/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":[15016,15017],"tags":[44824],"persona":[],"class_list":{"0":"post-73169","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-pkr-100bn-worth-of-economic-activity-generated-in-islamabad-last-year","10":"cat-15016-id","11":"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>100bn worth of economic activity in Islamabad in 2020 - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The capital city was seen to generate PKR 100 billion worth of economic activity following the initiation of various uplift schemes aimed at\" \/>\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\/100bn-worth-of-economic-activity-in-islamabad-in-2020.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"100bn worth of economic activity in Islamabad in 2020 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The capital city was seen to generate PKR 100 billion worth of economic activity following the initiation of various uplift schemes aimed at\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/100bn-worth-of-economic-activity-in-islamabad-in-2020.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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