CDA Plans to Sell Additional Commercial Land in Islamabad

Picture of Hassan Khan

Hassan Khan

CDA Plans to Sell Additional Commercial Land in Islamabad

CDA Board Approves Key Projects in Second Meeting

ISLAMABAD: The Capital Development Authority (CDA) Board held its second meeting on Thursday at the CDA headquarters under the chairmanship of Muhammad Ali Randhawa, with all board members present.

Several important agenda items were discussed and approved during the session:

Auction of Commercial Plots

The board approved the auction of commercial plots under various categories to attract investment. Chairman Randhawa emphasized that the auctioned plots would be offered with the option of easy two-year installments. He further directed that all plots presented for auction must be equipped with basic amenities and free from any encroachments, ensuring transparency and the attractiveness of the investment opportunities.

Read More: CDA Sells Rs. 3.8 Billion Plots in Two Days for New Food Street

Procurement of Tree Transplanters

In another key development, the board approved the purchase of two tree transplanters to relocate trees affected by development projects. Chairman Randhawa instructed officials to expedite the procurement process. The CDA had previously relied on renting transplanters from other departments, but with the new equipment, the authority aims to quickly relocate trees to alternative sites, promoting environmental sustainability.

Construction of Parking Plazas

The board also approved the construction of a parking plaza adjacent to the Centaurus Hotel. The facility will include commercial shops, catering to both parking and retail needs. Additionally, Chairman Randhawa directed the planning of another parking plaza in Sector I-8 to address the growing parking demands in the area, further enhancing convenience for residents and visitors.

The CDA Board’s decisions reflect its commitment to enhancing urban infrastructure, fostering investment, and promoting environmental sustainability in Islamabad.

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