{"id":8772,"date":"2023-01-09T16:32:08","date_gmt":"2023-01-09T11:32:08","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=8772"},"modified":"2023-01-09T16:32:08","modified_gmt":"2023-01-09T11:32:08","slug":"pakistan-considers-rebidding-for-embassy-building-in-washington-despite-receiving-highest-offer","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/pakistan-considers-rebidding-for-embassy-building-in-washington-despite-receiving-highest-offer\/","title":{"rendered":"Pakistan Considers Rebidding for Embassy Building in Washington Despite Receiving Highest Offer"},"content":{"rendered":"<p>ISLAMABAD: The Pakistani government is reportedly considering rebidding for the sale of a state-owned building in Washington, despite having received the highest bid for the property.<\/p>\n<p>The old chancery building on R Street in northwest Washington DC had its diplomatic status revoked by the US government and has been vacant since 2003.<\/p>\n<p>In November 2020, the Pakistani cabinet approved a proposal to auction the building, with the highest bid of $6.8 million coming from Pakistani businessman Shahal Khan.<\/p>\n<p>Shahal Khan had shared his intent to establish an institute in the building after completing renovations.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/pakistani-embassy-building-in-washington-to-be-turned-into-institute\/\" target=\"_blank\" rel=\"dofollow\" class=\"ube8a829c2ee6b8473e8a14ec70f9d1f3\"><style> .ube8a829c2ee6b8473e8a14ec70f9d1f3 { 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; } .ube8a829c2ee6b8473e8a14ec70f9d1f3:active, .ube8a829c2ee6b8473e8a14ec70f9d1f3:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .ube8a829c2ee6b8473e8a14ec70f9d1f3 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .ube8a829c2ee6b8473e8a14ec70f9d1f3 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .ube8a829c2ee6b8473e8a14ec70f9d1f3 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .ube8a829c2ee6b8473e8a14ec70f9d1f3: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\">Pakistani Embassy Building in Washington to be Turned into Institute<\/span><\/div><\/a><\/div>\n<p>However, the government has not yet finalized the deal with Khan and is reportedly avoiding contact with him.<\/p>\n<p>In November 2020, the information minister Mariyum Aurangzaib announced that the cabinet approved a proposal to auction one of the two state-owned buildings in Washington, DC that are owned by the Pakistan embassy.<\/p>\n<p>She added that in 2010, the Prime Minister approved the renovations of the two buildings and about 60% of the work was completed on one building while no renovation was done on the other one.<\/p>\n<p>As a result, it was deemed unfit for use and the cabinet decided to sell it transparently through an open bidding process.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/islamabad-gets-bids-for-countrys-property-in-washington\/\" target=\"_blank\" rel=\"dofollow\" class=\"u001512d6a49f242a9efe3ff43042345a\"><style> .u001512d6a49f242a9efe3ff43042345a { 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; } .u001512d6a49f242a9efe3ff43042345a:active, .u001512d6a49f242a9efe3ff43042345a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u001512d6a49f242a9efe3ff43042345a { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u001512d6a49f242a9efe3ff43042345a .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u001512d6a49f242a9efe3ff43042345a .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u001512d6a49f242a9efe3ff43042345a: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\">Islamabad Gets Bids for Country's Property in Washington<\/span><\/div><\/a><\/div>\n<p>The sale of the building has become important due to its vacant and dilapidated state, as well as the fact that it is subject to local building and taxation regulations.<\/p>\n<p>Additionally, the highest bid for the property was $6.9 million, a significant increase from the previous highest bid of $4.5 million.<\/p>\n<p>In December, the Foreign Office confirmed the approval of the sale and stated that the property would be sold through a thorough inter-ministerial process, following all necessary legal and codal formalities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistani government is reportedly considering rebidding for the sale of a state-owned building in Washington, despite having received the highest bid for the property. The old chancery building on R Street in northwest Washington DC had its diplomatic status revoked by the US government and has been vacant since 2003. In November 2020, the Pakistani cabinet approved a proposal to auction the building, with the highest bid of\u2026<\/p>\n","protected":false},"author":2,"featured_media":8773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-8772","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\/Pakistani-Building-Washington.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Pakistani-Building-Washington.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/01\/Pakistani-Building-Washington.jpg",1000,560,false]},"author_name":"Nazzir Zaidi","categories_name":["News"],"title_text":"Pakistan Considers Rebidding for Embassy Building in Washington Despite Receiving Highest Offer","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=8772","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/8772","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=8772"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/8772\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/8773"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=8772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=8772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=8772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}