| Rawalpindi: The Rawalpindi Development Authority (RDA) has devised a plan to increase its revenue streams by constructing commercial real estate projects on all its owned plots, news sources reported on February 24.
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According to sources, RDA Director General Saif Anwar Jappa said that the strategy aims to stabilize the financial situation of the authority and make it economically self-sufficient and self-fund its development work in the future. He said that the authority will construct a commercial building consisting of a basement plus three stories on an 11-marla commercial plot owned by the RDA in the Civil Lines neighbour will also start work on the RDA Mega Complex project near Murree Road to establish a business hub in the region.
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Additionally, the auction process for awarding the contract for building the three-floor parking garage in the unfinished parking plaza at Fawara Chowk will resume and be finished based on the building’s maximum capacity and market pricing |
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