{"id":95206,"date":"2023-10-16T15:12:45","date_gmt":"2023-10-16T10:12:45","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=95206"},"modified":"2023-10-16T15:12:47","modified_gmt":"2023-10-16T10:12:47","slug":"cda-pay-cash-acquired-land-bup","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-pay-cash-acquired-land-bup.html","title":{"rendered":"CDA to pay cash for acquired land instead of BuP"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) is changing its compensation approach by paying cash for acquired land instead of built-up property (BuP), according to news published in the leading newspaper on October 14.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/grand-anti-encroachment-drive-in-islamabad.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA announces grand anti-encroachment drive in Islamabad<\/a><\/p>\n\n\n\n<p>As per the details, the decision to discontinue the allocation of plots in favour of cash compensation stems from past controversies and delays in land acquisitions, and the CDA Chairman Anwarul Haq confirmed this shift in policy during an interview. He emphasized that the new approach would be presented to the board for final approval, specifying that it would only be applicable to future acquisitions.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-instructed-pace-up-work-in-4-sectors.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA directed to expedite development work in 4 sectors<\/a><\/p>\n\n\n\n<p>Furthermore, the development states that the civic agency will also ensure that both land and BuP awards are announced simultaneously for transparency and efficiency, thereby averting any delays in land acquisitions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) is changing its compensation approach by paying cash for acquired land instead of built-up property (BuP), according to news published in the leading newspaper on October 14. Read: CDA announces grand anti-encroachment drive in Islamabad As per the details, the decision to discontinue the allocation of plots in favour of cash compensation stems from past controversies and delays in land acquisitions, and the CDA Chairman Anwarul Haq confirmed this shift in policy during an interview. He emphasized that the new approach would be presented to the board for final approval, specifying that it would only be applicable to future acquisitions. Read: CDA directed to expedite development work in 4 sectors Furthermore, the development states that the civic agency will also ensure that both land and BuP awards are announced simultaneously for transparency and efficiency, thereby averting any delays in land acquisitions.<\/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":[21514,57518],"persona":[],"class_list":{"0":"post-95206","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-to-pay-cash-for-acquired-land-instead-of-bup","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 Pay Cash for Acquired Land Instead of BuP- Zameen News<\/title>\n<meta name=\"description\" content=\"The CDA is changing its compensation approach by paying cash for acquired land instead of built-up property (BuP)....\" \/>\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-pay-cash-acquired-land-bup.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA to Pay Cash for Acquired Land Instead of BuP- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The CDA is changing its compensation approach by paying cash for acquired land instead of built-up property (BuP)....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-pay-cash-acquired-land-bup.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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