CDA Expects Rs. 500 Billion From New Commercial Project in Islamabad

Meanwhile, the Capital Development Authority (CDA) is working on a major commercial project along G.T.

Key points

• The CDA acquired 3, 550 kanals along a 16-kilometer stretch between EME College and Nicholson Monument in 1967.
• Director General Spatial Planning Ijaz Ahmad Sheikh has formed a four-member committee led by Deputy Director General Architecture Ali Abdullah to finalize the project's design.
• Former PIA Society President Reportedly Arrested Over Alleged Occupation of Elderly Widow's Home.
• Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
• Add as a preferredSource on Google Follow on Google News Join WhatsApp.

Meanwhile, the Capital Development Authority (CDA) is working on a major commercial project along G.T. Road in Islamabad that could generate more than Rs. 500 billion for the civic body after its development and sale.

CDA Chairman Sohail Ashraf has directed the relevant teams to accelerate work on the project. It the authority expects to launch in the coming months. Authorities stated the CDA would develop and sell the project in phases rather than offer the entire area at once. Punjab Electric Bike Scheme Distribution Date Made public.

Meanwhile, the CDA acquired 3, 550 kanals along a 16-kilometer stretch between EME College and Nicholson Monument in 1967. The land forms a 200-foot-wide strip on both sides of G.T. Road. After planning, authorities estimate that around 2, 000 kanals could become available for commercial development.

For context, the CDA has additionally intensified efforts to recover the remaining land from encroachments. Authorities have already retrieved a significant portion and have marked permanent structures for removal after completing the required legal procedures. Authorities estimate that more than 100 permanent buildings occupy CDA land in the area.

Director General Spatial Planning Ijaz Ahmad Sheikh has formed a four-member committee led by Deputy Director General Architecture Ali Abdullah to finalize the project's design. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.

In short, CDA Expects Rs. 500 Billion From New Commercial Project in Islamabad is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.