{"id":96449,"date":"2024-02-20T11:49:31","date_gmt":"2024-02-20T06:49:31","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96449"},"modified":"2024-02-20T11:49:32","modified_gmt":"2024-02-20T06:49:32","slug":"cda-proposes-apartments-rather-plots","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cda-proposes-apartments-rather-plots.html","title":{"rendered":"CDA to conduct feasibility study for provision of apartments to staff"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The Capital Development Authority (CDA) receives instructions to initiate a feasibility study regarding the possibility of providing apartments in high-rise buildings to its employees, rather than allocating plots, according to a news source on February 20.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-private-firm-team-up-new-development.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA invites EOI from private developers for Kurri Enclave Housing Scheme<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following are the key pointers regarding this development:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The recent meeting discussed the Interior Ministry&#8217;s summary on compliance with Islamabad High Court (IHC) orders regarding the adverse effects of Regulation 5 of Islamabad Land Disposal Regulations 2005 on CDA&#8217;s revenue generation.<\/li>\n\n\n\n<li>The Interior Ministry sought the cabinet&#8217;s approval for a revised Allotment Policy applicable to CDA Employees under Regulation 2(f) of Islamabad Land Regulations 2005.<\/li>\n\n\n\n<li>The cabinet instructed the CDA to review the draft policy for fairness and assess potential losses compared to auction proceeds or tender bids, as directed by the court.<\/li>\n\n\n\n<li>A cabinet-mandated feasibility study by a reputable consultant regarding the provision of high-rise apartments to CDA employees, findings to be presented to the next elected government.<\/li>\n\n\n\n<li>Cabinet briefed on the court\u2019s orders from December 6, 2022, and February 14, 2023, along with subsequent examination by the CDA Board.<\/li>\n\n\n\n<li>CDA historically allocated small plots to low-paid employees since 1971 to encourage home construction and bolster housing stock in the capital.<\/li>\n\n\n\n<li>Previous allotments were made under the CDA Ordinance, 1960, and Land Disposal Regulations, the last allotments occurred in 2006.<\/li>\n\n\n\n<li>CDA Board approved the draft Allotment Policy and returned it for resubmission due to changes in ministerial responsibilities.<\/li>\n\n\n\n<li>The CDA Board reaffirmed the decision and endorsed a revised Draft Allotment Policy emphasizing pricing mechanisms based on land acquisition and infrastructure development costs.<\/li>\n\n\n\n<li>The recent trend of horizontal expansion prompted discussions on alternative approaches.<\/li>\n\n\n\n<li>The cabinet proposed the provision of apartments instead of plots to CDA employees in compliance with court orders.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-cleanliness-drive-in-motion-active-now.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA launches drive to clean roads, commercial areas<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The matter is to be reported to the court in an upcoming hearing scheduled for February 21, 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Capital Development Authority (CDA) receives instructions to initiate a feasibility study regarding the possibility of providing apartments in high-rise buildings to its employees, rather than allocating plots, according to a news source on February 20. Read: CDA invites EOI from private developers for Kurri Enclave Housing Scheme Following are the key pointers regarding this development: Read: CDA launches drive to clean roads, commercial areas The matter is to be reported to the court in an upcoming hearing scheduled for February 21, 2024.<\/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":[21514,54485],"persona":[],"class_list":["post-96449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-notices-announcements","tag-capital-development-authority-cda","tag-cda-news-and-updates","cat-15017-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CDA Proposes Apartments Rather than Plots - Zameen News<\/title>\n<meta name=\"description\" content=\"The CDA is directed to explore the feasibility of offering high-rise apartments to its employees instead of land plots.\" \/>\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-proposes-apartments-rather-plots.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDA Proposes Apartments Rather than Plots - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The CDA is directed to explore the feasibility of offering high-rise apartments to its employees instead of land plots.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cda-proposes-apartments-rather-plots.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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