{"id":78335,"date":"2021-08-02T11:49:58","date_gmt":"2021-08-02T06:49:58","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=78335"},"modified":"2021-08-02T11:50:03","modified_gmt":"2021-08-02T06:50:03","slug":"kda-retrieves-plots-pkr-7bn-illegal-occupation","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kda-retrieves-plots-pkr-7bn-illegal-occupation.html","title":{"rendered":"KDA retrieves commercial plots worth PKR 7bn from illegal occupation"},"content":{"rendered":"\n<p>Karachi: Director General (DG) Karachi Development Authority (KDA) Nasir Abbas Soomro conducted anti-encroachment operations in various parts of the city and recovered 500 commercial plots worth PKR 7 billion from illegal occupation by land grabbers, news sources reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/kda-issues-notification-to-resolve-land-related-problems.html\" target=\"_blank\" rel=\"noreferrer noopener\">KDA issues notification to address land-related issues<\/a><\/p>\n\n\n\n<p>In order to generate revenue during the financial crisis, KDA undertook the state land recovery operation. The KDA&#8217;s governing board has already approved the plan for the sale of these recently retrieved prime commercial plots. As per the source, the sale of 60 commercial plots on premium land is projected to earn PKR 2 billion.<\/p>\n\n\n\n<p>It is important to note that the current KDA DG took charge eight months ago on the instructions of the Sindh High Court and has begun to handle the finances while the organisation struggles to pay its dues and employees. So far, the provincial government has provided funds to the KDA to help it handle its outstanding debts. However, it is believed that the organisation would be able to become self-sufficient following the<a href=\"https:\/\/www.zameen.com\/news\/kda-to-hold-two-day-auction-of-commercial-plots-today.html\" data-type=\"post\" data-id=\"75672\" target=\"_blank\" rel=\"noreferrer noopener\"> auction of plots seized <\/a>in an anti-encroachment drive.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/recover-encroached-kda-plot-in-karachi.html\" target=\"_blank\" rel=\"noreferrer noopener\">Details shared on how to recover an encroached KDA plot in Karachi<\/a><\/p>\n\n\n\n<p>On the directives of the Supreme Court, the KDA has begun an anti-encroachment drive around the Gujjar Nullah in June 2021 to manage rainwater during the monsoon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Director General (DG) Karachi Development Authority (KDA) Nasir Abbas Soomro conducted anti-encroachment operations in various parts of the city and recovered 500 commercial plots worth PKR 7 billion from illegal occupation by land grabbers, news sources reported. Read: KDA issues notification to address land-related issues In order to generate revenue during the financial crisis, KDA undertook the state land recovery operation. The KDA&#8217;s governing board has already approved the plan for the sale of these recently retrieved prime commercial plots. As per the source, the sale of 60 commercial plots on premium land is projected to earn PKR 2 billion. It is important to note that the current KDA DG took charge eight months ago on the instructions of the Sindh High Court and has begun to handle the finances while the organisation struggles to pay its dues and employees. So far, the provincial government has provided funds to the KDA to help it handle its outstanding debts. However, it is believed that the organisation would be able to become self-sufficient following the auction of plots seized in an anti-encroachment drive. Read: Details shared on how to recover an encroached KDA plot in Karachi On the directives of the&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[20803,47189,12717],"persona":[],"class_list":{"0":"post-78335","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-karachi-development-authority-kda","9":"tag-kda-retrieve-commercial-land-from-encroachers","10":"tag-kda-retrieves-plots-of-overseas-pakistanis","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>KDA retrieves encroached commercial plots worth billions- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: Director General (DG) Karachi Development Authority (KDA) Nasir Abbas Soomro conducted anti-encroachment operations in various parts 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\/kda-retrieves-plots-pkr-7bn-illegal-occupation.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KDA retrieves encroached commercial plots worth billions- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: Director General (DG) Karachi Development Authority (KDA) Nasir Abbas Soomro conducted anti-encroachment operations in various parts of the city\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kda-retrieves-plots-pkr-7bn-illegal-occupation.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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