| Islamabad: The Capital Development Authority (CDA) is gearing up to commence an auction of commercial and residential plots, encompassing a variety of sizes and categories, scheduled from October 17 to 20 at the Jinnah Convention Centre, according to news published on September 28. The primary objective of this auction is to bolster revenue generation for the authority and entice investors to participate in this promising opportunity.
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An official from the CDA highlighted that prospective investors are encouraged to partake in this auction, as it presents a golden opportunity to acquire commercial and residential plots in the federal capital with full legal protection. The auction will span various sectors within the Islamabad capital territory, concluding on October 20. The CDA has already disseminated the auction schedule for various plots through various newspapers and social media platforms.
According to the official, real estate experts have deemed this opportunity a must-avail investment venture for both local and overseas investors. The plots on offer encompass a wide range of categories, including those situated in Blue Area, Marakaz, E-11 Northern Strip, Park Enclave Commercial, Petrol Pumps, Class-III Shopping Centres, Agro Farms, Fruit and Vegetable Shops, IT Center (Commercial), Apartments, Industrial, Hostels, Residential, and I-11 Markets. Interested parties can obtain brochures starting October 2nd from the one-window directorate of the CDA and designated branches of HBL, UBL, MCB, Askari Bank, and Bank of Punjab. |
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