Join eProperty WhatsApp Channel

Join Pakistan’s Most Popular Whatsapp Channel for Property New Updates and Daily Prices

HOT | PLOTS | BOOKINGS | UAN: 03 111 042 111


Learn, Share & Grow

Buy DHA Lahore Phase 10 Files

CDA should offer special lease renewal rates for F-8: ICCI

Islamabad—President Islamabad Chamber of Commerce and Industry (ICCI), Yassar Sakhi Butt, has said the value of commercial property of F-8 Markaz has gone extremely down due to illegal occupation by lawyers in front and around of plazas.

“It is high time for courts to be shifted from the centre of posh residential sector which would give a sign of relief to the landlords and the residents of the locality,” the ICCI president made these remarks during a meeting with the landlords of F-8 Markaz at Jinnah Convention Centre Islamabad.

The President ICCI said that the lease renewals rates of plazas in F-8 Markaz are at par with F-6 aned F-7 Markaz which is not fair. Landlords here are suffering for the last more than 20 years, so he underlined the need to review the rates charged to the landlords of F-8 Markaz.

He was of the view that traffic nuisance, waste mismanagement and chocked sewerage have become hallmark of the area as well as the entire residential community has been put on high security risk and the customers were not able to approach the market because of placement of steel wires surrounding the court premises.

Yassar Sakhi Butt emphasized on shifting the courts from F-8 Markaz and urged the Capital Development Authority (CDA) and other concerned bodies to finalize it ans shift the courts on war footing. He also called upon the Government to compensate the landlords of F-8 Markaz instead of levying taxes even on vacant properties.

Expressing their grievances, the landlords of F-8 Markaz said that presence of police offices and courts in the F-8 Markaz was also a predicament for the residents of the sector and visitors to the commercial area adjacent to the courts. They said that car parking issue of F-8 Markaz would be solved if courts will be shifted to any other proper place.

CDA should offer special lease renewal rates for F-8: ICCI
eProperty WhatsApp Community

Join the eProperty Community for daily Pakistan Property rate updates, the latest developments, and news.

eProperty WhatsApp Community

Property buying and selling was never easy before; simply connect with our WhatsApp hotline for absolutely free property consulting. Please save this number, +923111042111 in your contact list to get regular updates from us; otherwise, you will not receive any updates.

CDA should offer special lease renewal rates for F-8: ICCI
Scroll to top
Open chat
WhatsApp Hotline
السلام عليكم ورحمة الله وبركاته

مہربانی فرما کر ہمارا نمبر 00923111042111 اپنے موبائل کی رابطہ لسٹ میں محفوظ کر لیں۔ اگر یہ نمبر آپکے موبائل کی رابطہ لسٹ میں محفوظ نہی تو آپ کو ہماری طرف سے تازہ معلومات موصول نہی ہوں گی۔

Kindly save this number in your contact list for future updates. You will not received our WhatsApp updtaes if this number +923111042111 is not saved in your contact list.

Atif Iqbal from eProperty®