CDA to amend laws allowing land acquisition at market rate

ISLAMABAD: The Capital Development Authority (CDA) has formed a nine-member committee headed by CDA member estate Naveed Ilahi to amend CDA’s Ordinance 1960 to allow land acquisition at market rate.

invest with imarat

Islamabad’s emerging city centre

Learn More

The other members of the committee comprise Deputy-Commissioner CDA, Director-General (law), Director of Urban Planning, Director Master Plan, Director Regional Planning, Deputy Financial Adviser,  Director Land, and Assistant Legal Advisor.

The final bill, after amendments, will be presented to the parliament for final approval.

According to details, Sections 2(k),32-A, and 12(2)(g) of the CDA ordinance will be amended. The cabinet was also directed to expedite the development of sector E-12 in the same meeting.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

SBP Cuts Policy Rate to 10.5% as KIBOR Declines, Easing Borrowing Costs

Islamabad: The Monetary Policy Committee of the State Bank of Pakistan on Monday reduced the…

7 minutes ago

CDA Completes T-Chowk Flyover Two Months Ahead of Schedule

Islamabad: The Capital Development Authority has completed the main structure of the T-Chowk Flyover in…

7 hours ago

Saudi Real Estate Sector Enters New Phase with Digital Governance and Non-Saudi Ownership Framework

Here is a concise and professional rephrased version of the news: Saudi Arabia’s real estate…

2 days ago

FBR Revises Property Valuation Rates Across Islamabad’s Key Residential and Commercial Areas

Islamabad: The Federal Board of Revenue has updated property valuation rates across 68 locations in…

2 days ago

Dubai’s Residential Property Market Records Strong Growth in November 2025

Dubai’s residential real estate market maintained its upward momentum in November 2025, with the latest…

4 days ago

Saudi Arabia Launches “Saudi Properties” Platform for Non-Saudi Real Estate Ownership

Saudi Arabia’s Real Estate General Authority (REGA) has announced the launch of a new platform…

6 days ago