{"id":96096,"date":"2024-01-11T12:15:07","date_gmt":"2024-01-11T07:15:07","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96096"},"modified":"2024-01-11T12:16:27","modified_gmt":"2024-01-11T07:16:27","slug":"cda-marks-significant-7-9bn-milestone-auction","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-marks-significant-7-9bn-milestone-auction.html","title":{"rendered":"CDA nets record PKR 7.96bn on first day of auction"},"content":{"rendered":"\n<p>Islamabad: The Capital Development Authority (CDA) accomplished a noteworthy financial feat on the initial day of its three-day auction, securing the highest offers of PKR 7.96 billion for four commercial plots on Wednesday, as reported by a news source on January 11.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-takes-strict-measures-agains-fraud-schemes.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA starts implementing regulations to curb fraud in housing schemes<\/a><\/p>\n\n\n\n<p>According to the details, the CDA&#8217;s auction committee presented eleven commercial plots at various locations, garnering responses for four plots. Among these, two were situated in Markaz I-8, with one plot each in Blue Area and I-14 Markaz.<\/p>\n\n\n\n<p>After the first day\u2019s proceedings, the auction committee achieved the highest bid of PKR 4.53 billion for plot number 9, Sector G-8 in Blue Area. This 2666.66 square yards plot received an impressive bid of PKR 1.7 million per square yard.<\/p>\n\n\n\n<p>Another plot, measuring 800 square yards in I-8 Markaz, obtained the highest bid of PKR 1.825 million, ultimately auctioned for PKR 1.46 billion. Additionally, a 666.66 square yards plot in I-8 Markaz was auctioned at PKR 1.725 million per square yard, resulting in a total price of PKR 1.49 billion.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-launches-fast-track-services-approvals.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA launches fast-track services for building plans\u2019 approval<\/a><\/p>\n\n\n\n<p>A commercial plot spanning 533.33 square yards in I-14 Markaz was auctioned at Rs1.22 million per square yard, realizing a total price of PKR 0.653 billion. The CDA plans to present 24 commercial plots for auction at prime locations over the next two days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) accomplished a noteworthy financial feat on the initial day of its three-day auction, securing the highest offers of PKR 7.96 billion for four commercial plots on Wednesday, as reported by a news source on January 11. Read: CDA starts implementing regulations to curb fraud in housing schemes According to the details, the CDA&#8217;s auction committee presented eleven commercial plots at various locations, garnering responses for four plots. Among these, two were situated in Markaz I-8, with one plot each in Blue Area and I-14 Markaz. After the first day\u2019s proceedings, the auction committee achieved the highest bid of PKR 4.53 billion for plot number 9, Sector G-8 in Blue Area. This 2666.66 square yards plot received an impressive bid of PKR 1.7 million per square yard. Another plot, measuring 800 square yards in I-8 Markaz, obtained the highest bid of PKR 1.825 million, ultimately auctioned for PKR 1.46 billion. Additionally, a 666.66 square yards plot in I-8 Markaz was auctioned at PKR 1.725 million per square yard, resulting in a total price of PKR 1.49 billion. Read: CDA launches fast-track services for building plans\u2019 approval A commercial plot spanning 533.33 square yards in I-14&hellip;<\/p>\n","protected":false},"author":88,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[57856,21514,54485],"persona":[],"class_list":{"0":"post-96096","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-auction-day","9":"tag-capital-development-authority-cda","10":"tag-cda-news-and-updates","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>CDA Marks Significant 7.9Bn Milestone in Auction- Zameen News<\/title>\n<meta name=\"description\" content=\"CDA achieved a significant financial milestone by garnering the top bids of PKR 7.96 billion for four commercial plots on Wednesday.\" \/>\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-marks-significant-7-9bn-milestone-auction.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA Marks Significant 7.9Bn Milestone in Auction- Zameen News\" \/>\n<meta property=\"og:description\" content=\"CDA achieved a significant financial milestone by garnering the top bids of PKR 7.96 billion for four commercial plots on Wednesday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-marks-significant-7-9bn-milestone-auction.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-11T07:15:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-11T07:16:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/CDA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CDA Marks Significant 7.9Bn Milestone in Auction- Zameen News","description":"CDA achieved a significant financial milestone by garnering the top bids of PKR 7.96 billion for four commercial plots on Wednesday.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/cda-marks-significant-7-9bn-milestone-auction.html","og_locale":"en_US","og_type":"article","og_title":"CDA Marks Significant 7.9Bn Milestone in Auction- Zameen News","og_description":"CDA achieved a significant financial milestone by garnering the top bids of PKR 7.96 billion for four commercial plots on Wednesday.","og_url":"https:\/\/www.zameen.com\/news\/cda-marks-significant-7-9bn-milestone-auction.html","og_site_name":"Pakistan Real Estate News &amp; 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