The auction will be held at Jinnah Convention Centre where star attractions will be recently launched commercial plots at a proposed business hub in Sector I-12. PHOTO: FILE.
ISLAMABAD:
The Capital Development Authority (CDA) has finalised arrangements for an open commercial plot auction in various sectors of Islamabad on June 27-28.
The auction will be held at Jinnah Convention Centre where star attractions will be recently launched commercial plots at a proposed business hub in Sector I-12.
Developed sectors’ plots will be auctioned on June 27 and I-12 Markaz plots on June 28 from 10am to 4pm, according to a press release issued by the CDA.
The auction process will be supervised by a committee headed by CDA Finance Member Azhar Ali Chaudhry.
The I-12 Markaz plots, each of which covers an area of 1,096 square yards, are being presented at the auction for the first time.
All four provinces are represented in I-12 Markaz’s design theme, titled “Twin-City Saddar Market”, while the market’s fifth block, Kashmir Mall, symbolises Gilgit-Baltistan.
All blocks are interconnected so as to facilitate pedestrians. Commercial plots in Blue Area will also be auctioned to raise money for the agency.
Published in The Express Tribune, June 25th, 2013.
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