CDA auctioned Islamabad’s most expensive plot in its history

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ISLAMABAD: The Capital Development Authority (CDA), on Tuesday, auctioned the most expensive plot in the history of Islamabad, measuring 5,952 square yards in Blue Area for Rs 8.54 billion. 

In a tweet, the former Chairman of CDA and Chief Commissioner, Captain (r) Muhammad Usman Younis revealed that a total of four plots have been sold so far with the worth amounting to Rs 11.95 billion. 

CDA auctioned Islamabad’s most expensive plot in its history

Usman further stated that two plots were sold in I-14 Markaz for Rs 1.3 billion while the sale of another plot in I-8 Markaz was in the pipeline for a price of Rs. 1.2 billion. 

CDA earlier reported that it aims to auction a total of 47 plots including orchards, commercial, poultry and vegetable plots to generate Rs 20 billion. 

 

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