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.
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.
2024 witnesses a significant shift in Pakistan’s real estate market, as the SECP grants IMARAT…
Located in Quetta, Balochistan, Ayub National Stadium (previously known as the Balochistan Cricket Association Ground)…
Understanding the Income Tax Ordinance (ITO 2001) is crucial for any taxpayer in Pakistan; it's…
In the centre-west of the largest province of Pakistan, Nasirabad is a district awaiting exploration. …
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…