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The Most Costly Plot in Islamabad’s Historical past Auctioned by CDA

The most costly plot in CDA historical past was efficiently auctioned off, in response to Captain (r) Muhammad Usman Younis, the previous CDA Chairman and Chief Commissioner.

Usman mentioned on Twitter that the sale introduced in Rs. 8.54 billion for the CDA. Usman complimented the CDA and famous that by promoting 4 plots at public sale, the administration altogether introduced in Rs. 11.95 billion.

Usman talked about the public sale’s robust begin in a subsequent tweet. A complete of Rs. 1.3 billion was paid for 2 plots in I-14 Markaz. He additionally talked about {that a} plot in I-8 Markaz with a reserved worth of Rs. 1.2 billion might be going to fetch Rs. 1.5 billion at public sale.

Individually, Captain (r) Muhammad Usman Younis, a BS-20 officer of the Pakistan Administrative Service (PAS), was let go from his place yesterday because of a battle of curiosity between a outstanding businessman and an area politician.

Since August of final 12 months, he has held the positions of Chief Commissioner and Chairman of CDA in Islamabad. He should report back to the Institution Division instantly, in response to a notification the Cupboard Secretariat despatched out yesterday.

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