{"id":97025,"date":"2024-05-06T16:54:52","date_gmt":"2024-05-06T11:54:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97025"},"modified":"2024-08-06T15:16:08","modified_gmt":"2024-08-06T10:16:08","slug":"slow-progress-raises-cost-concerns-for-10th-avenue-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html","title":{"rendered":"10th Avenue project faces cost concerns due to slow progress"},"content":{"rendered":"\n<p>Islamabad: The National Logistic Cell (NLC), which is responsible for the project, has contacted the Capital Development Authority (CDA) for a price adjustment formula as reported by the news source on May 6. According to the NLC, the previously quoted bid rates are no longer feasible.<br><strong>Read: <\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-avenue-1-welcomes-miyawaki-forest.html\" target=\"_blank\" rel=\"noreferrer noopener\">Miyawaki Forest launched in LHR\u2019s LDA Avenue-1<\/a><\/p>\n\n\n\n<p> As per news details, civic authority initiated the Rs. 10.2 billion project in 2022 under the Public Sector Development Programme (PSDP). The project was supposed to be completed in March this year but CDA recently extended the deadline to December as only around 25% of the work has been completed.  The main reason behind the delayed work is the shortage of funds.\u00a0<br><strong>Read: <\/strong> <a href=\"https:\/\/www.zameen.com\/news\/dha-quetta-sets-stage-dubai-investments.html\">DHA Quetta extends investment avenue to Dubai with commercial, residential plots<\/a><\/p>\n\n\n\n<p>A senior officer of CDA told a national daily that if the required funds aren\u2019t allocated in the upcoming fiscal year, the project could be delayed for years. He highlighted the sluggish pace of work on the project, adding that work on the railway bridge has been started near the service roads of I-9 and I-10.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The National Logistic Cell (NLC), which is responsible for the project, has contacted the Capital Development Authority (CDA) for a price adjustment formula as reported by the news source on May 6. According to the NLC, the previously quoted bid rates are no longer feasible.Read: Miyawaki Forest launched in LHR\u2019s LDA Avenue-1 As per news details, civic authority initiated the Rs. 10.2 billion project in 2022 under the Public Sector Development Programme (PSDP). The project was supposed to be completed in March this year but CDA recently extended the deadline to December as only around 25% of the work has been completed. The main reason behind the delayed work is the shortage of funds.\u00a0Read: DHA Quetta extends investment avenue to Dubai with commercial, residential plots A senior officer of CDA told a national daily that if the required funds aren\u2019t allocated in the upcoming fiscal year, the project could be delayed for years. He highlighted the sluggish pace of work on the project, adding that work on the railway bridge has been started near the service roads of I-9 and I-10.<\/p>\n","protected":false},"author":89,"featured_media":75427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[58202,58204,58203],"persona":[],"class_list":{"0":"post-97025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-avenue","9":"tag-civic-authority","10":"tag-nlc","11":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Slow Progress Raises Cost for 10th Avenue Project<\/title>\n<meta name=\"description\" content=\"CDA warns of years-long delay for 10th Ave project without funds. Railway bridge work initiated near I-9 and I-10 service roads.\" \/>\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\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Slow Progress Raises Cost for 10th Avenue Project\" \/>\n<meta property=\"og:description\" content=\"CDA warns of years-long delay for 10th Ave project without funds. Railway bridge work initiated near I-9 and I-10 service roads.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.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=\"2024-05-06T11:54:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-06T10:16:08+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=\"Sabahat Abid\" \/>\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=\"Sabahat Abid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Slow Progress Raises Cost for 10th Avenue Project","description":"CDA warns of years-long delay for 10th Ave project without funds. 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Railway bridge work initiated near I-9 and I-10 service roads.","og_url":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-05-06T11:54:52+00:00","article_modified_time":"2024-08-06T10:16:08+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/CDA.jpg","type":"image\/jpeg"}],"author":"Sabahat Abid","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Sabahat Abid","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html"},"author":{"name":"Sabahat Abid","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9db33618e4b5dfe90a74f6cd07923d16"},"headline":"10th Avenue project faces cost concerns due to slow progress","datePublished":"2024-05-06T11:54:52+00:00","dateModified":"2024-08-06T10:16:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html"},"wordCount":192,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/CDA.jpg","keywords":["Avenue","Civic authority","NLC"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html","url":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html","name":"Slow Progress Raises Cost for 10th Avenue Project","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/slow-progress-raises-cost-concerns-for-10th-avenue-project.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/04\/CDA.jpg","datePublished":"2024-05-06T11:54:52+00:00","dateModified":"2024-08-06T10:16:08+00:00","description":"CDA warns of years-long delay for 10th Ave project without funds. 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