{"id":89496,"date":"2022-10-20T16:49:00","date_gmt":"2022-10-20T11:49:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89496"},"modified":"2022-10-20T16:49:05","modified_gmt":"2022-10-20T11:49:05","slug":"cda-auction-plots-generate-funds","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-auction-plots-generate-funds.html","title":{"rendered":"CDA to auction commercial, residential plots to generate funds"},"content":{"rendered":"\n<p>Lahore: The Capital Development Authority (CDA) has decided to auction its commercial and residential plots located in various parts of the city to generate revenue for development projects in the city, news sources reported on October 20.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-allow-skyscrapers-1000-ft-blue-area.html\" data-type=\"post\" data-id=\"89191\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to allow skyscrapers of up to 1,000 ft in Blue Area<\/a><\/p>\n\n\n\n<p>In this regard, a meeting was held at the CDA headquarters to discuss and select various plots across the city for the upcoming auction. During the meeting, participants reviewed around 40 plots for the sale located in<a href=\"https:\/\/www.zameen.com\/news\/cda-allow-skyscrapers-1000-ft-blue-area.html\" data-type=\"post\" data-id=\"89191\" target=\"_blank\" rel=\"noreferrer noopener\"> Blue Area<\/a>, Park Enclave, Northern Strip of E-11, a petrol pump plot in D-12, and several <a href=\"https:\/\/www.zameen.com\/news\/cda-allow-skyscrapers-1000-ft-blue-area.html\" data-type=\"post\" data-id=\"89191\" target=\"_blank\" rel=\"noreferrer noopener\">residential plots in F-10<\/a>. In this respect, the CDA&#8217;s Planning Wing has formed a team to further explore and locate plots around the city. The wing will present its findings to the CDA board, which will approve the auction of identified plots.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cbd-capital-punjabs-barren-lands-lcdaa.html\" data-type=\"post\" data-id=\"89377\" target=\"_blank\" rel=\"noreferrer noopener\">CBD to raise capital from Punjab\u2019s barren lands: LCDAA<\/a><\/p>\n\n\n\n<p>It is vital to highlight that most of CDA&#8217;s revenue comes from auctioning residential and commercial plots. The cash raised is often used to support civic development initiatives and pay wages to 16,000 employees. Currently, the CDA has launched several development projects worth PKR 50 billion, including road infrastructure development and sector development projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Capital Development Authority (CDA) has decided to auction its commercial and residential plots located in various parts of the city to generate revenue for development projects in the city, news sources reported on October 20.\u00a0 Read: CDA to allow skyscrapers of up to 1,000 ft in Blue Area In this regard, a meeting was held at the CDA headquarters to discuss and select various plots across the city for the upcoming auction. During the meeting, participants reviewed around 40 plots for the sale located in Blue Area, Park Enclave, Northern Strip of E-11, a petrol pump plot in D-12, and several residential plots in F-10. In this respect, the CDA&#8217;s Planning Wing has formed a team to further explore and locate plots around the city. The wing will present its findings to the CDA board, which will approve the auction of identified plots. Read: CBD to raise capital from Punjab\u2019s barren lands: LCDAA It is vital to highlight that most of CDA&#8217;s revenue comes from auctioning residential and commercial plots. The cash raised is often used to support civic development initiatives and pay wages to 16,000 employees. Currently, the CDA has launched several development projects worth PKR 50&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[39978,3827,24174,41],"persona":[],"class_list":{"0":"post-89496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-blue-area-islamabad","9":"tag-cda-auctioning-commercial-plots","10":"tag-cda-considers-postponing-commercial-plots-auction-in-blue-area","11":"tag-islamabad","12":"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 to auction plots to generate funds- Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Capital Development Authority (CDA) has decided to auction its commercial and residential plots located in various parts of the city to\" \/>\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-plots-generate-funds.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA to auction plots to generate funds- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Capital Development Authority (CDA) has decided to auction its commercial and residential plots located in various parts of the city to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-auction-plots-generate-funds.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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