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Home Islamabad

CDA auctions plots worth over Rs17 billion in Islamabad public auction

by Sub News
December 24, 2025
CDA auctions plots worth over Rs17 billion in Islamabad public auction
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Islamabad, December 24, 2025: Residential and commercial plots worth more than Rs17 billion were auctioned during a three-day public auction organised by the Capital Development Authority (CDA) in the federal capital, with investors showing strong interest, particularly on the final day.

Chairman CDA Muhammad Ali Randhawa personally reviewed the auction proceedings on the last day and said that the active participation of investors reflected their confidence and trust in CDA’s policies. He added that earning and maintaining investor confidence remained among the authority’s top priorities.

According to official details, plots across various categories were sold for a total of Rs17.002 billion during the three-day auction. On the final day, Plot No. 514 in Sector G-10/2 was sold for Rs93.33 million, Plot No. 516 for Rs92.62 million, and Plot No. 517 for Rs100.44 million. Plot No. 526 in the same sector fetched Rs93.33 million, while Plot No. 531 was auctioned for Rs94.04 million.

Similarly, Plot No. 547 in Sector G-10/2 was sold for Rs91.90 million, Plot No. 548 for Rs91.90 million, and Plot No. 556 for Rs91.90 million. In the Orchard Scheme on Murree Road, Plot No. 9 was auctioned for Rs712 million, while Plot No. A-9 fetched Rs732 million. In total, 10 plots from different categories were sold on the final day for Rs2.193 billion.

Thanking investors for their participation, Chairman CDA said that the revenue generated through the auction would be utilised to improve civic facilities for all citizens, including investors. He described investors and CDA as partners in the development and progress of Islamabad and said that further improvements would be made in the authority based on feedback from the business community.

The auction process was supervised by Member Finance Tahir Naeem and the Auction Committee formed under his chairmanship. The committee ensured transparency and a competitive environment throughout the process. Chairman CDA commended the Auction Committee for the successful and transparent conduct of the auction.

Chairman Randhawa also directed that investor-friendly incentives and facilities be provided during the auction. The received bids will now be scrutinised and presented before the CDA Board, which is the authorised forum for approving or rejecting the bids.

Tags: Auction committeeCapital Development AuthorityCDACDA boardChairman CDAIslamabadMember Finance Tahir NaeemMuhammad Ali RandhawaPakistan
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