Capital Development Authority (CDA) has revealed plans to publically auction commercial plots in Islamabad on 2nd, 3rd and 4th October 2018.
The auction will be held in Jinnah Convention Center Islamabad, which will start at 10 AM in the. The auction will continue for three consecutive days (Tuesday, Wednesday & Thursday) during which commercial plots of different sizes & categories from differed sectors will be auctioned by CDA.
This was revealed through advertisement in leading newspapers after Prime Minister talked about dead assets of government which can generate huge revenues for the federal government.
He was referring to the land owned by government of Pakistan through different departments and agencies. After his speech many expected a similar auction in which government lands will be sold for generating revenue.
This is not the first time that CDA will auction lands in the federal capital of Islamabad. Many previous governments have also sold government lands in Islamabad.
In austerity drive the new government has also started the auction of 100+ cars of PM House including 4 bullet proof cars. They expect to generate millions through it though many believe it is not as beneficial as it is being claimed.
In another step governor houses in different provinces are also being opened for public. Though public access is limited to some parts of the building. PM Imran Khan also announced that PM House will be made a public university in few years.
For more details and information about purchase of lands during auction contact at:
Address: Capital Development Authority, Khayaban-e-Suharwardi, Sector G-7/4, Islamabad
Phone Number: 051-9252481
Email: chairman@cda.gov.pk
Website: www.cda.gov.pk