{"id":94192,"date":"2023-07-13T18:24:46","date_gmt":"2023-07-13T13:24:46","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=94192"},"modified":"2023-07-13T18:24:47","modified_gmt":"2023-07-13T13:24:47","slug":"cda-auction-plots-shakarparian-food-street","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-auction-plots-shakarparian-food-street.html","title":{"rendered":"CDA shares auction date for plots on Capital (food) Street Islamabad"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) has shared the dates for an open auction of 1-kanal-size plots dedicated to eateries, cafes, and restaurants in the Capital Street Islamabad, which will be constructed in Shakarparian, a news source reported on July 12.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-nods-pc-1-development-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA-DWP gives nod to PC-1 of development projects in Islamabad<\/a><\/p>\n\n\n\n<p>As per the details, the open auction will feature 20 plots of 500 square yards each and is scheduled to take place on July 20 and 21 at Jinnah Convention Center in Islamabad. Eligibility for participation in the open auction extends to food businesses registered with the relevant authorities. Furthermore, international food businesses are also welcome to partake after completing all necessary formalities.<\/p>\n\n\n\n<p>Moreover, the CDA is offering a 10% rebate on the total payment if made within one month of the auction, along with an additional 5% rebate for payments made in USD.<\/p>\n\n\n\n<p>Prospective investors can now obtain brochures from the CDA Facilitation Center, Directorate of Estate Management II, starting today. The brochures are also conveniently accessible on the official website of the CDA. To encourage investment, the CDA has introduced several special initiatives:<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/demarcation-drive-sihala-road.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA to carry out joint demarcation drive for Kahuta Road\u2019s ROW<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A dedicated budget of PKR 1 billion has been approved for the area&#8217;s regeneration<\/li>\n\n\n\n<li>Within the next six months, infrastructure development and other essential facilities will be improved in the vicinity<\/li>\n\n\n\n<li>Advance tax will be deducted on a pro-rata basis<\/li>\n\n\n\n<li>A 25% payment is required within 30 days from the acceptance of the bid<\/li>\n\n\n\n<li>1\/3 of the plot area will be reserved for art and craft activities<\/li>\n\n\n\n<li>Pedestrian boulevards and streets will be integrated into the project to enhance walkability<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Capital Development Authority (CDA) has shared the dates for an open auction of 1-kanal-size plots dedicated to eateries, cafes, and restaurants in the Capital Street Islamabad, which will be constructed in Shakarparian&#8230;<\/p>\n","protected":false},"author":83,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[21514,57207],"persona":[],"class_list":{"0":"post-94192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-capital-development-authority-cda","9":"tag-cda-shares-auction-date-for-plots-on-capital-food-street-islamabad","10":"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 in Shakarparian Food Street - Zameen News<\/title>\n<meta name=\"description\" content=\"The Capital Development Authority (CDA) has shared the dates for an open auction of 1-kanal-size plots dedicated to eateries.....\" \/>\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-shakarparian-food-street.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 in Shakarparian Food Street - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Capital Development Authority (CDA) has shared the dates for an open auction of 1-kanal-size plots dedicated to eateries.....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-auction-plots-shakarparian-food-street.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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