ISLAMABAD: The Asian Development Bank will officially be allocated a plot on Shahrah-e-Jamhuriat in the Red Zone of the federal capital after the Prime Minister’s approval.
The plot to the international financial institution (IFI) will be allocated by the Capital Development Authority (CDA) after the Federal cabinet approved of the plan.
The CDA awaits the payment to be submitted by the ADB, after which an allotment letter will be issued accordingly.
The Asian Development Bank will construct a ground plus five storey country office building, with a basement for car parking on the allocated plot.
Even though CDA reserves all plots for specific buildings, the formal approval is granted by the Prime Minister of Pakistan for the commencement.
Prior to this, a one-acre plot was earmarked by the CDA for the ADB in 2006. However, the IFI did not pursue approval.
For news and blog, visit Graana.com.
Tower 22 is a symbol of luxury and modern life in Lahore and is located…
Karachi, Pakistan – Graana.com, the country’s leading online real estate marketplace, has joined forces with…
Karianwala, a thriving town in the Gujrat District of Pakistan, has a long history from…
In Pakistan's Punjab Province, Balkasar is more than just a village. This colourful community also…
Liaquat Pur is located near the eastern bank of the River Sutlej in the Rahim…
Jheel Park is located in P.E.C.H.S. Karachi. It offers a peaceful haven amidst the busy…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
