{"id":16757,"date":"2023-05-29T18:05:10","date_gmt":"2023-05-29T13:05:10","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=16757"},"modified":"2023-05-29T18:05:10","modified_gmt":"2023-05-29T13:05:10","slug":"cda-to-review-commercialization-charges-for-small-plots-in-islamabad","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/cda-to-review-commercialization-charges-for-small-plots-in-islamabad\/","title":{"rendered":"CDA to Review Commercialization Charges for Small Plots in Islamabad"},"content":{"rendered":"<p>ISLAMABAD: The Capital Development Authority (CDA) is set to reassess the commercialization charges for small plots following concerns raised by officials.<\/p>\n<p>Under the new regulations, the CDA board initially fixed the commercialization fee at Rs. 3500 per square yard for small plots.<\/p>\n<p>However, officials argued that this fee should be aligned with the rate for larger plots, which is Rs. 7500 per square yard.<\/p>\n<p>In January of this year, the commercialization fee for commercial plots exceeding 100 kanal was set at Rs. 7500 per square yard, with a maximum ground coverage of 55 percent.<\/p>\n<p>However, the CDA&#8217;s planning wing clarified that this fee structure applied only to larger plots and that there was no specific rate established for smaller plots.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/cda-announces-auction-of-commercial-plots-in-developed-sectors-of-islamabad\/\" target=\"_blank\" rel=\"dofollow\" class=\"uaf10300a53dd9fee35f616d3210f7083\"><style> .uaf10300a53dd9fee35f616d3210f7083 { 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; } .uaf10300a53dd9fee35f616d3210f7083:active, .uaf10300a53dd9fee35f616d3210f7083:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .uaf10300a53dd9fee35f616d3210f7083 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .uaf10300a53dd9fee35f616d3210f7083 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .uaf10300a53dd9fee35f616d3210f7083 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .uaf10300a53dd9fee35f616d3210f7083: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 Announces Auction of Commercial Plots in Developed Sectors of Islamabad<\/span><\/div><\/a><\/div>\n<p>The planning wing highlighted that the Rs. 7500 fee was intended for commercial schemes spanning over 20 kanal, and a proper fee structure for standalone commercial projects, such as small plots, was yet to be determined.<\/p>\n<p>As a result, a proposal to set the commercialization fee for small plots at Rs3500 per square yard was put forward.<\/p>\n<p>However, sources indicate that the CDA management has decided to review the proposed rate, considering the potential financial implications for the authority.<\/p>\n<p>It is expected that the civic agency will revise its decision on the fee and align it with the rate applicable to larger plots to avoid any financial losses.<\/p>\n<p>Chairman CDA Noorul Amin Mengal confirmed that the CDA will be revisiting the issue of commercialization charges, adding that the CDA would reassess the commercialization charges.<\/p>\n<p><em>Source: DAWN<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Capital Development Authority (CDA) is set to reassess the commercialization charges for small plots following concerns raised by officials. Under the new regulations, the CDA board initially fixed the commercialization fee at Rs. 3500 per square yard for small plots. However, officials argued that this fee should be aligned with the rate for larger plots, which is Rs. 7500 per square yard. In January of this year, the\u2026<\/p>\n","protected":false},"author":3,"featured_media":13828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-16757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/Finance-Wing-of-CDA-Accused-of-Making-Duplicate-Payments-to-Landowners.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/Finance-Wing-of-CDA-Accused-of-Making-Duplicate-Payments-to-Landowners.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/03\/Finance-Wing-of-CDA-Accused-of-Making-Duplicate-Payments-to-Landowners.jpg",1000,560,false]},"author_name":"Firas Qureshi","categories_name":["News"],"title_text":"CDA to Review Commercialization Charges for Small Plots in Islamabad","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=16757","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/16757","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=16757"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/16757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/13828"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=16757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=16757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=16757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}