ISLAMABAD: The Capital Development Authority’s (CDA) design-vetting committee has given the green light to building plans for nine high-rise structures at prime locations in the federal capital, signaling a surge in construction activities despite a significant rise in building costs.
These forthcoming high-rise projects, including a 26-story hotel on Club Road, entail investments worth billions of rupees, impacting various sectors associated with the construction industry.
A meeting of the CDA’s design-vetting committee held at the CDA headquarters saw participation from officials representing the planning wing of the civic authority.
Among the approved building plans, a standout is the 26-story edifice earmarked for plot number 13 on Club Road, spanning a substantial 27,394.40 square yards.
Additionally, the committee gave the nod to a 15-story building planned for plot number B-2, covering 1,333.33 square yards in the New Blue Area.
Further approvals encompass a nine-story building designated for the Asian Development Bank, occupying a plot measuring 4,840.40 square yards in sector G-5.
Additionally, a nine-story building for the Institute of Cost Management Accounts of Pakistan also received the committee’s endorsement.
In sectors I-8 and F-8, building plans for six-story and seven-story structures gained approval after meticulous scrutiny of the requisite documentation.
The committee also approved the plans for three commercial buildings situated within two private housing societies.
Source: The News