ProPropertyNewsDHAI-R Announces Open Auction for Mixed-Use Commercial & Hospital Plots

DHAI-R Announces Open Auction for Mixed-Use Commercial & Hospital Plots

ISLAMABAD: DHA Islamabad-Rawalpindi has announced an open auction for mixed-use commercial and hospital plots situated on Main G.T Road, Sector A, adjacent to Gate #02, Phase II, DHA Islamabad.

The auction is scheduled for the 12th and 13th of June, 2023. Interested parties are required to apply before the deadline of 09 June 2023.DHAI-R Announces Open Auction for Mixed-Use Commercial & Hospital Plots

Properties Available for Auction

Two 10 Kanal Mixed-Use Commercial Plots

14 Kanal Plot for Hospital

Key Features:

  • Ground Coverage: 70%
  • Floor Area Ratio (FAR) for Mixed-Use Commercial Plot: 1:8
  • FAR for Hospital Plot: 1:5
  • 5 Years Quarterly Installment Plan
  • 10% Discount on Lumpsum Payment

Eligibility Criteria:

  • All National & Overseas Pakistanis are eligible.
  • Companies/Firms/Societies registered in Pakistan are eligible.

To participate in the auction, interested parties must deposit a refundable bank draft/pay order of Rs 30.0 Million in favor of “Defence Housing Authority Islamabad” as a registration fee.

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Procedure to Submit Registration Form

Download the registration form and specimen of undertaking from the provided links.

Prepare a bank draft/pay order of Rs 30.0 Million in favor of “Defence Housing Authority Islamabad” (NTN # 2291993-7).

Submit the duly filled registration form (hardcopy) along with the bank draft/pay order of Rs 30.0 Million to the Marketing Directorate at DHA Head Office, Phase I, DHA Islamabad-Rawalpindi.

This open auction presents a unique opportunity for individuals, companies, and organizations to acquire prime real estate in a highly sought-after location.

Interested participants are encouraged to carefully review the provided information, complete the necessary procedures, and submit their registration forms before the deadline.

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