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CDA Announces Auction of Commercial Plots

Capital Development Authority (CDA) is holding open auction of commercial plots from January 10th-12th, 2024, at Ghandra Hall at F-9 Park.

CDA Auction, CDA Commercial Plots Auction
CDA Announces Auction of Commercial Plots

According to CDA, the auction presents an opportunity for all investors to participate in the upcoming auction from January 10th-12th, 2024.

The auction will include prime locations like Blue Area, Markaz, and Park Road with a diverse range of properties.

Plot Categories

  • Petrol Pumps
  • Class-III Shopping Centers
  • Agro Farms
  • Fruit and Vegetables Shops
  • I&T Center (Commercial)
  • Apartments
  • Hotels

Special Steps for Prospective Investors

  • Presence of facilitation team at every step for providing facilities to the investors
  • Payment of 25% of bid amount as first installation within 30 days of acceptance of bid
  • Advance tax will be collected on pro-rata basis
  • After payment of first installment, building plan approval facility will be granted
  • Construction work will be started after making full payment

There will be a 10% rebate on full payment within 30 days of the bid acceptance letter, while an additional 5% rebate will be given on payment in US Dollar (USD).

Ali Gulrez

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