CDA restricts FGEHA from auctioning commercial plots.



ISLAMABAD -- The Capital Development Authority (CDA) has once again restricted the Federal Government Employees Housing Authority from auctioning commercial plots in Sector G-14/4.

The FGEHA is going to auction fourteen commercial plots of class three shopping centres in Sector G-13 and G-14/4 today (Wednesday) at a local hotel here at Islamabad.

A letter in this regard was written by the Planning Wing of the civic body to the Director General FGEHA in which it was conveyed that the upcoming auction of commercial plots is contradictory with the CDA board's decisions.

The letter stated that it was included in the terms and condition of the NOC issued to housing foundation for the development of Sector G-13 and G-14/4 that all the commercial plots in said sectors would be allocated to CDA on actual cost basis to enable CDA to finance maintenance of these sectors.

The letter asked the housing authority to comply with aforementioned condition and asked not to auction the plots of Class-III shopping centre in G-14/4 on Wednesday to avoid any complication as it involves financial implications and accruing the third party rights in the public interest.

When contacted, the housing foundation's spokesperson Nasir Chaudhry while responding has confirmed that the letter has been received and its reply would be sent...

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