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CDA auction shows: Real estate prices high

ISLAMABAD, May 30: Enthusiasm of bidders at the auction of residential and commercial plots by the Capital Development Authority on Monday belied the talk of a depressed real estate market in Islamabad. Not only more bidders turned up than did at the last such auction held in December, the Rs358.2 million that CDA received for[…]

Elahi orders eradication of encroachments within 15 days

ISLAMABAD: Civic authorities have been directed to get concrete steps within 15 days to eradicate encroachments, removal of construction material, maintenance of cleanliness and elimination of illegal construction in the residential and commercial areas of capital. Capital Development Authority (CDA) Chairman Imtiaz Inayat Elahi said this during a surprise visit of Markaz G-9 (Karachi Company)[…]

19,000 acres of CDA still encroached upon

ISLAMABAD: CDA has so far failed to get possession of land acquired for developing new sectors. Presently over 18,898 acres of acquired land are still in possession of former owners and ownership of 10,879 acres has not been yet transferred in favour of CDA in the Islamabad Capital Territory (ICT) administration and Rawalpindi revenue records[…]

SC summons CDA chairman in agricultural farms case

ISLAMABAD: Supreme Court Tuesday summoned Chairman Capital Development Authority (CDA) with complete records of the illegal use of agricultural farms in the federal capital. Issuing notices to agricultural farm owners who have illegally constructed palaces and marriage centers on farmlands, the court asked why the allotted land should not be canceled.

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