CDA revises schedule for Park Enclave-II installments
The Capital Development Authority made the decision in its eleventh board meeting
The Capital Development Authority made the decision in its eleventh board meeting. PHOTO: FILE
ISLAMABAD:
The Capital Development Authority (CDA) in its eleventh board meeting has approved the revision of payment plan for installments of Park Enclave II, a much delayed project, and waived off the delayed charges for one time on Tuesday.
CDA board while approving the change of use of plot no.10, I-11/4, from Islamabad cold storage to warehouse observed that trivial issues of minor nature must be approved at directorate level and such summaries should not be brought before apex policy making body.
However, CDA, in its seven agenda board meeting has deferred three agendas pertaining to naming of capital’s roads after social leaders, prominent intellectuals, literary personalities and professors like renowned journalist Zahid Malik (late), A-Hameed and Mukhtar Masood, and Masiuddin Ahmed Siddiqui. The Director apprised the board members that a draft bill was in process in ministry of law and justice, and name of roads would be specified according to guidelines of that bill.
The authority had failed in starting development work in Park Enclave-II housing project, event CDA could not take complete possession of the land.
The aforementioned relaxation to the purchasers and investors of Park Enclave- II is apparently an attempt of CDA to give a cover to its negligence and attract investors towards this project.
The CDA board had discussed a summary of the estate management for not charging over 300 plot owners any fee for the delay in making their payments for one time. They had been also allowed to sell out their plots along with liabilities if investors want.
Published in The Express Tribune, August 9th, 2017.
The Capital Development Authority (CDA) in its eleventh board meeting has approved the revision of payment plan for installments of Park Enclave II, a much delayed project, and waived off the delayed charges for one time on Tuesday.
CDA board while approving the change of use of plot no.10, I-11/4, from Islamabad cold storage to warehouse observed that trivial issues of minor nature must be approved at directorate level and such summaries should not be brought before apex policy making body.
However, CDA, in its seven agenda board meeting has deferred three agendas pertaining to naming of capital’s roads after social leaders, prominent intellectuals, literary personalities and professors like renowned journalist Zahid Malik (late), A-Hameed and Mukhtar Masood, and Masiuddin Ahmed Siddiqui. The Director apprised the board members that a draft bill was in process in ministry of law and justice, and name of roads would be specified according to guidelines of that bill.
The authority had failed in starting development work in Park Enclave-II housing project, event CDA could not take complete possession of the land.
The aforementioned relaxation to the purchasers and investors of Park Enclave- II is apparently an attempt of CDA to give a cover to its negligence and attract investors towards this project.
The CDA board had discussed a summary of the estate management for not charging over 300 plot owners any fee for the delay in making their payments for one time. They had been also allowed to sell out their plots along with liabilities if investors want.
Published in The Express Tribune, August 9th, 2017.