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CDA involved in Rs500m plot scandal

ISLAMABAD: A plot scandal to the tune of millions of rupees has been unearthed in the Department of Estate Management-2 (Commercial) of the Capital Development Authority (CDA). It was revealed that the national exchequer was inflicted with a loss of Rs500 million because the CDA restored cancelled plot in 1985 on the pressure of an[…]

Illegal allotment by CDA caused losses of billions

ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry on Monday remarked, during hearing of a suo motu notice, that illegal allotment of over 4,000 plots by the Capital Development Authority (CDA) has caused a loss of billions of rupees to the national exchequer. He was heading a three-member bench also comprising Justice Khilji Arif Hussain and Justice[…]

Park Enclave Housing Scheme

ISLAMABAD: Senate Standing Committee on Cabinet Secretariat has directed Capital Development Authority (CDA) to complete the Park Enclave Housing Scheme-Zone IV within stipulated time. The committee met under the chairmanship of Senator Shahid Hassan Bugti at CDA headquarters on Thursday to discuss the work progress of Park Enclave Sector E-12 and construction of offices of[…]

CDA starts auction process

ISLAMABAD – Keeping the tradition alive of auctioning the plots to overcome financial crisis, the Capital Development Authority (CDA) began auctioning residential and commercial plots in posh areas of Islamabad on Monday. However, sources in the CDA said it was difficult for the civic body to get rid of the financial crunch through auctioning process,[…]

CDA residential plot auction receives positive response

ISLAMABAD: The Capital Development Authority (CDA) got a resounding response from the public on the first day of the CDA grand auction of residential plots, which began at a local hotel on Monday. The two-day auction announced by the CDA was meant for residential as well as commercial plots and would continue from 1000 to[…]

CDA promises to hand over possession of plots in eighteen months

Islamabad: Capital Development Authority (CDA) Chairman Farkhand Iqbal, along with Prime Minister’s Task Force on Islamabad Chairman Faisal Sakhi Butt, Thursday performed the ground-breaking ceremony to launch development work in the delayed sector of I-11 Islamabad. The CDA chairman, who in his recent press conference announced that he would focus on starting development work in[…]

CDA to auction commercial plots

ISLAMABAD: Capital Development Authority (CDA) will auction commercial plots in busiest commercial centres of the federal capital to attract business community and international business firms for generating economic activity.

CDA not in a position to launch new sectors

ISLAMABAD – CDA Chairman Engineer Farkhand Iqbal on Tuesday said the Capital Development Authority (CDA) was not in a position to develop new sectors, adding that instead of developing new sectors, the civic body would complete the construction work in the underdeveloped areas “within days”. Addressing a news conference at the Jinnah Convention Centre, Farkhand[…]

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