ISLAMABAD: According to sources within the Capital Development Authority (CDA), a new business district may soon be established on the recently constructed stretch of Margalla Avenue.
Specifically, the proposed district will be situated in Zone 1 of the avenue, as revealed by a member of the Planning Wing.
During a recent CDA board meeting, officials were informed of the plan to create the business district.
According to details, the CDA owns a considerable amount of land in the area, estimated to be between 1,000 to 1,500 kanals, mostly located in Sector C-16.
This land is slated to be used for mixed-use projects, with a focus on apartment complexes that will also be marketed to overseas Pakistanis.
To help develop the area, the CDA is seeking the services of a consultant, with a preference for government-owned consulting firms.
If the proposal is approved, it will be the second business district in Islamabad, in addition to the already established Blue Area.
Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…
Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…
Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…
ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…
ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…
Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…
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.
