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In Just Two Days, CDA Sells Commercial Plots Worth More Than Rs. 8 Billion

For the second day in a row, the Capital Development Authority (CDA)-managed auction of commercial properties in Islamabad is still going on.

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The Sector H-9 Petrol Pump Plot auction, which received a price of more over Rs 3 billion, is one of the noteworthy ones. Five different plots were successfully auctioned out on the first day of the auction, bringing in a total of Rs 4 billion, 75 rupees. Six plots have so far been sold at auction for a combined amount of Rs 8 billion 10 crore.

The CDA views this as a fantastic opportunity for people to invest in and buy properties within Islamabad. The open auction will run at the Jinnah Convention Centre through May 31. This gives prospective investors plenty of opportunity to take part. Investor participation in the auction was substantial, demonstrating the rising demand for commercial plots. The CDA is providing commercial plots in a variety of categories, giving potential buyers several possibilities.

With the sale scheduled to go through the end of May, the current auction generally offers a good chance for anyone wishing to invest in commercial plots in Islamabad.

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