CDA sells 15 plots for Rs. 11.282 bln

ISLAMABAD: The Capital Development Authority (CDA) on the third day of auction Thursday, sold 15 plots for Rs 11.282 billion.
In Sector F-6/4, plot No 1 was sold for Rs 44.35 million, plot No. 2 for Rs. 24.847 million, plot No. 3 for Rs. 27.34 million, plot No. 4 for Rs. 31.01 million, plot No. 5 for Rs. 40.52 million, and plot No. 6 for Rs. 47.026 million, a CDA news release said.
Similarly, a plot in Sector F-8/4 for a fruit, vegetable and meat shop was auctioned for Rs 42.106 million.
The four-day auction comprises residential and commercial plots, catering to investments in class three shopping centers, agricultural farms, apartments, and industrial plots.
This auction also marks the first time the sale of plots intended for hostels. Residential plots would also be auctioned on the final day on Friday. –Agencies