Islamabad, July 16, 2025: The Capital Development Authority (CDA) continued its highly successful open auction of commercial plots on Wednesday, with eight plots sold for a record-breaking Rs19.03 billion over the first two days. The auction is being held at the Jinnah Convention Center, with CDA Chairman and Chief Commissioner Islamabad Muhammad Ali Randhawa personally supervising the proceedings.
The event has witnessed strong investor interest, reflecting confidence in CDA’s transparent and competitive auction process. A total of 46 commercial plots and shops are being offered for sale during the three-day auction, which will conclude on July 17.
On the second day of bidding, Plot No. 20 (petrol pump category) in I-14 Markaz was sold for Rs1.64 billion, while Plot No. E-1 in F-11/1 fetched approximately Rs251.3 million. These figures followed an equally remarkable opening day, during which Plot No. 13 in Blue Area (G-8) was sold for Rs7.24 billion, Plot No. 14 for Rs4.16 billion, and Plot No. 12 for Rs3.60 billion.
Other successful transactions included Plot No. 3-A in Sector I-14, sold for Rs749.32 million, Plot No. 3-B in I-14 Markaz for Rs709.32 million, and Plot No. 10-A in I-14 Markaz for Rs669.32 million.
The auction is being conducted under the direct supervision of senior CDA officials, including Member Estate Talat Mehmood, Member Finance Tahir Naeem, Member Engineering Syed Nafasat Raza, and Member Planning Dr. Khalid Hafiz. A dedicated oversight committee led by Member Finance, comprising DG Resource, DG Building Control, DG Law, and other senior officers, is ensuring full transparency throughout the process.
In addition to the auction, Chairman Randhawa visited the ongoing Investment Expo at the Convention Center, where various CDA departments, including the Environment Wing, Resource & Planning Wing, Metropolitan Corporation Islamabad (MCI), and the Sports & Culture Directorate, have set up information stalls to brief investors.
During his visit, Randhawa directed officials to provide maximum facilitation to investors and the business community. He announced the establishment of a dedicated investor facilitation team to guide participants through the auction process.
He further emphasized that the revenue generated through the auction will be reinvested in the development of Islamabad, including the improvement of road infrastructure, sector development, and urban beautification projects, in line with the CDA’s vision of transforming Islamabad into a model capital city.
