FDA to auction 199 properties on October 25.

FAISALABAD -- Faisalabad Development Authority (FDA) would auction its 199 properties here on October 25, 2023 (Wednesday).

Chairing a meeting here on Monday, FDA Director General (DG) Muhammad Asif Chaudhry said that all necessary arrangements were completed for auction of FDA properties.

He said that auction would start at 11 a.m. in FDA Complex and the bidders would take part in the auction of commercial, residential plots and shops.

A five-member committee was also constituted to monitor the entire auction procession on October 25, he said, adding that this auction would increase revenue of the authority for undertaking various development projects.

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