CDA collected PKR 20.35 billion through the auction of
13 properties in different areas of Islamabad. The event got an overwhelming
response from the investors and the authority reached its goal amount on the
very first day by auctioning 13 out of 29 plots for sale.
The highest bid received for a plot was PKR 6.5
billion. CDA chairman Amer Ali Ahmed stated that the sale of these commercial
plots will be used for public welfare and to build more housing units in the
area.