fbpx

CDA Proposes High-Rise Apartments than Plots for Employees

Islamabad: The interim federal cabinet has assigned the Capital Development Authority (CDA) with a new task: exploring the feasibility of providing high-rise apartments to its employees instead of the traditional practice of granting plots allotment.

This decision is from the Islamabad High Court (IHC) intervened, raising concerns about the impact of Regulation 5 of the Islamabad Land Disposal Regulations 2005 on the revenue of CDA.

For decades, CDA has been following the practice of allocating small plots to its employees, a tradition dating back to 1971 and lasting until 2006. However, with the recent drafting of an Allotment Policy by CDA, there have been revisions emphasizing fair pricing based on land acquisition and infrastructure costs.

The government’s proposal to construct apartments on existing plots rather than expanding horizontally aligns with global trends favoring vertical development. The Ministry of Interior has sought approval for this updated policy in accordance with the court’s directives.

Capital Development Authority (CDA) is now assessing the feasibility and practicality of offering apartments to its employees. A progress report is expected to be presented to the court during the hearing on February 21, 2024. This endeavor not only tackles the housing requirements of staff but also maximizes the utilization of land in the capital city.

For latest news and updates, Visit Rabt Marketing Blog. Click here

Spread the love