{"id":91670,"date":"2023-01-23T12:33:40","date_gmt":"2023-01-23T07:33:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=91670"},"modified":"2023-01-23T12:33:41","modified_gmt":"2023-01-23T07:33:41","slug":"cdas-open-auction-tomorrow","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cdas-open-auction-tomorrow.html","title":{"rendered":"CDA\u2019s 3-day open auction starts tomorrow"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) will hold a three-day open auction of over 47 residential and commercial properties tomorrow (January 24), news sources reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-allow-skyscrapers-1000-ft-blue-area.html\" 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>The open auction will be held in Jinnah Convention Center (JCC) Islamabad with the proceedings expected to start at 10 AM onwards. As per the sources, the event will auction 47 plots located in various zones and commercial areas of the city. The plots include residential properties, <a href=\"https:\/\/www.zameen.com\/news\/construction-parking-plaza-blue-area.html\" target=\"_blank\" rel=\"noreferrer noopener\">land demarcated for parking plazas<\/a>, poultry farm land and orchards. The property experts have predicted that the authority will fetch over PKR 20 billion.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"704\" height=\"155\" src=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/01\/CDA-Auction.jpeg\" alt=\"\" class=\"wp-image-91672\" srcset=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/01\/CDA-Auction.jpeg 704w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/01\/CDA-Auction-300x66.jpeg 300w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/01\/CDA-Auction-420x92.jpeg 420w\" sizes=\"auto, (max-width: 704px) 100vw, 704px\" \/><figcaption class=\"wp-element-caption\">Image Source: CDA website<\/figcaption><\/figure>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-ballot-sector-c-plots.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA conducts ballot of Sector C plots<\/a><\/p>\n\n\n\n<p>The authority has claimed that the terms of the building on the plots are designed to make them investor-friendly, with 100% coverage allowed for plots under 1,000 square yards and 70-75% coverage for larger plots, with a flexible number of stories. The construction timeline for larger plots has also been increased from 3 to 5 years. The open auction, which starts tomorrow, will include 3 plots of 6,000 and 9,600 square yards in the old Blue Area and a plot of 4,500 square yards in the extended Blue Area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) will hold a three-day open auction of over 47 residential and commercial properties tomorrow (January 24), news sources reported. Read: CDA to allow skyscrapers of up to 1,000 ft in Blue Area The open auction will be held in Jinnah Convention Center (JCC) Islamabad with the proceedings expected to start at 10 AM onwards. As per the sources, the event will auction 47 plots located in various zones and commercial areas of the city. The plots include residential properties, land demarcated for parking plazas, poultry farm land and orchards. The property experts have predicted that the authority will fetch over PKR 20 billion. Read: CDA conducts ballot of Sector C plots The authority has claimed that the terms of the building on the plots are designed to make them investor-friendly, with 100% coverage allowed for plots under 1,000 square yards and 70-75% coverage for larger plots, with a flexible number of stories. The construction timeline for larger plots has also been increased from 3 to 5 years. The open auction, which starts tomorrow, will include 3 plots of 6,000 and 9,600 square yards in the old Blue Area and a plot of 4,500 square&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":[319,56021,54485,56020,56019],"persona":[],"class_list":{"0":"post-91670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-cda","9":"tag-cda-auciton-dates","10":"tag-cda-news-and-updates","11":"tag-cda-open-auction","12":"tag-the-open-auction-will-be-held-in-jinnah-convention-center-jcc-islamabad-with-the-proceedings-expected-to-start-at-10-am-onwards","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\u2019s 3-day open auction starts tomorrow - Zameen News<\/title>\n<meta name=\"description\" content=\"The open auction will be held in Jinnah Convention Center (JCC) Islamabad with the proceedings expected to start at 10 AM onwards.\" \/>\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\/cdas-open-auction-tomorrow.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA\u2019s 3-day open auction starts tomorrow - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The open auction will be held in Jinnah Convention Center (JCC) Islamabad with the proceedings expected to start at 10 AM onwards.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cdas-open-auction-tomorrow.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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