ISLAMABAD, Jan 26 (APP): The Capital Development Authority (CDA) has sold 33 plots worth over around Rs 40 billion during a three-day open auction that concluded here on Thursday.
“The authority got an overwhelming response as a large number of investors took part during the last day of the auction,” said the CDA in a news release.
The open auction of the residential and commercial plots, supervised by a committee headed by Member Finance of CDA, was held at Jinnah Convention Centre.
The auction committee included CDA’s Member State, Member Planning and Design, DFA-II, DG Law, Director Public Relations, Director Urban Planning, Director Regional Planning, Director State Management-II and Director Finance.
The CDA said that the committee had made effective arrangements to ensure a transparent and competitive environment for conducting the auction.