{"id":10240,"date":"2023-01-27T14:23:09","date_gmt":"2023-01-27T09:23:09","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=10240"},"modified":"2023-01-27T14:23:09","modified_gmt":"2023-01-27T09:23:09","slug":"cda-auctions-raise-record-breaking-pkr-41bn-from-sale-of-42-plots","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/cda-auctions-raise-record-breaking-pkr-41bn-from-sale-of-42-plots\/","title":{"rendered":"CDA Auctions Raise Record-Breaking PKR 41Bn from Sale of 42 Plots"},"content":{"rendered":"<p>ISLAMABAD: The Capital Development Authority (CDA) recently held a three-day auction for plots which concluded on Thursday.<\/p>\n<p>According to the details, the authority has raised an impressive PKR 41 billion from the sale of 42 plots.<\/p>\n<p>This marks a new record for the civic authority, surpassing the previous auction held in 2021 which raised PKR 37 billion.<\/p>\n<p>The Director CDA also stated that during this three-day auction, the authority had made almost PKR 40.7 billion with 41 plots which he claimed was the highest figure.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/cda-auctions-off-most-expensive-plot-in-history\/\" target=\"_blank\" rel=\"dofollow\" class=\"uaabcedd8e897c7d2b6ea00ec56c3b49b\"><style> .uaabcedd8e897c7d2b6ea00ec56c3b49b { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .uaabcedd8e897c7d2b6ea00ec56c3b49b:active, .uaabcedd8e897c7d2b6ea00ec56c3b49b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .uaabcedd8e897c7d2b6ea00ec56c3b49b { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .uaabcedd8e897c7d2b6ea00ec56c3b49b .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .uaabcedd8e897c7d2b6ea00ec56c3b49b .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .uaabcedd8e897c7d2b6ea00ec56c3b49b:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">CDA Auctions Off Most Expensive Plot in F-7 at Rs. 8.54 Billion<\/span><\/div><\/a><\/div>\n<p>The success of the auction was attributed to the teamwork of the estate, planning, and finance wings, with the planning wing playing a key role in providing well-planned plots in desirable locations, which were then effectively marketed by the estate wing.<\/p>\n<p>Despite the current economic crisis in the country, the auction received an overwhelming response from investors.<\/p>\n<p>CDA, being an autonomous body, relies heavily on its land bank as a source of funding for its operations.<\/p>\n<p>However, officials have stated that they would need to explore other options for increasing income in the future, such as constructing commercial buildings and apartments to rent out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Capital Development Authority (CDA) recently held a three-day auction for plots which concluded on Thursday. According to the details, the authority has raised an impressive PKR 41 billion from the sale of 42 plots. This marks a new record for the civic authority, surpassing the previous auction held in 2021 which raised PKR 37 billion. The Director CDA also stated that during this three-day auction, the authority had\u2026<\/p>\n","protected":false},"author":2,"featured_media":10242,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-10240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Islamabad.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Islamabad.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Islamabad.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"CDA Auctions Raise Record-Breaking PKR 41Bn from Sale of 42 Plots","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=10240","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/10240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=10240"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/10240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/10242"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=10240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=10240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=10240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}