eProperty | Capital Development Authority, Islamabad Real Estate | February 11, 2012
ISLAMABAD – The city managers are expecting best possible returns, at least equivalent to a hefty amount the Capital Development Authority (CDA) has paid to the families of victims of ill-fated Margalla Towers, from the sale of ex-Margalla Towers plot along with the leftover structure.
As many as 23 firms have submitted documents of Expression of Interest (EoI) with the Capital Development Authority for an auction of land where ex-Margalla Towers plot would also be presented for sale along with six other commercial plots across the capital. The CDA Pre-qualification Committee on Thursday opened the documents of EoI following which the process of pre qualification of interested firms has been started. Only pre-qualified firms would take part in grand auction that is scheduled in first week of March.
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