Islamabad Real Estate News

The Capital Development Authority (CDA) will introduce a tourist mini-train within the area of Rawal Lake promenade after its completion in two years, a CDA official said on Friday.

On October 8 when nation will mark the first anniversary of last year”s devastating earthquake, the prime minister is expected to announce compensation for the residents of Margalla Towers – the only high-rise of federal capital that tumbled after 7.6 strong tremors hit the country especially its northern parts.

Having spent Rs 900 million on making the 7th Avenue, the Capital Development Authority (CDA) has now reportedly realised there are several faults in its construction, which it now intends to rectify.

Whosoever coined the phrase – Islamabad the Beautiful – perhaps meant only the posh ‘E’ and ‘F’ series of sectors for that is where the Capital Development Authority’s focus continues to be.

Prime Minister Shaukat Aziz has said that the forthcoming Overseas Pakistanis Investment Conference (OPIC) being held in Islamabad should effectively be used to galvanize maximum number of overseas Pakistanis to invest in Pakistan.

The Capital Development Authority (CDA) will construct three new sectors in the capital and has directed the Islamabad chief commissioner to close registries and transfers of land in E-13, D-13 and F-13 sectors after October 30. Sources said the CDA had already started implementing steps to stop trade of land in the new sectors. The[…]

The Capital Development Authority (CDA) has chalked out a Rs 350 million plan to construct ten new sectors in Islamabad, and has approved its PC-1 titled Land Acquisition Project. According to sources, the CDA would recruit 30 Patwaris, 4 Naib Tehsildars, various computer operators and other staff, and purchase seven new vehicles for the project.[…]

The Capital Development Authority (CDA) Thursday issued provisional allotment letters of residential plots to 416 officers of authority at sector I-8.

The Capital Development Authority (CDA) is expanding the limits of Diplomatic Enclave up to the Bari Imam shrine to accommodate the offices of some 35 more foreign missions presently operating in different residential areas of the capital.

The Planning Commission (PC) has expressed concern over the unavailability of the identified areas for the Karachi Light Rail Mass Transit System and has directed the Karachi Port Trust (KPT) to redesign their land use plan in collaboration with the City District Government of Karachi (CDGK).

Town planners are regularly announcing to open up 10 new residential sectors in the federal capital, whereas they have not yet initiated fully the development work in the already planned five sectors for which the land was acquired several years ago.

The Islamabad District Magistrate president has banned, under section 144, any kind of construction and the carrying of construction material in Sectors G-14/1, G-14/2 and G-14/3. The ban has come into immediate effect and will remain in force for two months.

The Federal Government Employees Housing Foundation (FGEHF) would soon launch a new housing scheme to construct 15,000 houses for lower grade employees, Secretary Housing and Works Abdul Rauf Chaudhry said here on Tuesday.

Housing societies located near a site set for the new Islamabad International Airport would not be included in the Islamabad Capital Territory (ICT), Brig Nusratullah, the Capital Development Authority (CDA) member planning, said on Wednesday.

The Civil Aviation Authority (CAA) has reached an agreement for buying another 323 kanals of land near Fatehjang for the proposed “New Islamabad International Airport” (NIIA) through a private agent.

The law ministry has approved a controversial land deal between the Capital Development Authority (CDA) and the Pakistan Golf Federation (PGF), under which 150 acres near Shakarparian have been leased out to the federation for 99 years at a throwaway price of Rs41 per square yard, a source told Dawn on Sunday.

The Supreme Court has directed the Capital Development Authority to complete the demarcation of land owned by six private housing schemes in Sector E-11 in ten days, so that their land disputes could be resolved in the best interest of the plot owners, an official of CDA told Dawn on Thursday.

The CDA has decided to cancel the allotment of all residential plots being used for commercial purposes in Islamabad within a few days. Sources said that special directives have been issued to the deputy commissioner in this context. A large number of schools, showrooms, property centres and shops are running on residential plots in the[…]

The families affected by the collapse of the Margalla Towers held an emergency meeting on Wednesday and criticised the Capital Development Authority (CDA) for stopping payments of house rents to them.

Bahria Town, Asia “s leading”s property developer, welcomed the Chief Minister Punjab Mr. Parvaiz Elahi on 20 th November 2006. He was accompanied by Provincial Law Minister Muhammad Basharat Raj and former NA deputy speaker Haji Muhammad Nawaz Khokhar. The guests were greeted by Chief Executive Officer Bahria Town Mr. Malik Riaz at his Corporate[…]

Capital Development Authority (CDA) has failed to award the contract of I-15 development work despite the passage of months to the cancellation of earlier awarded contract for the purpose in same sector.

Sector I-15 is still waiting for the commencement of development work in the sector owing to the alleged negligence and faulty planning of the Capital Development Authority (CDA). The CDA had awarded the development contract worth Rs 1.15 billion to a firm about six months ago and Prime Minister Shaukat Aziz had inaugurated the development[…]

The Capital Development Authority (CDA) has decided to cancel the contract of a firm that is carrying out development work in I-15 sector and has re-invited tenders for the project.