CDA board approves revised layout plan of E-11, C-14
The board of Capital Development Authority (CDA) gave approval to revision of the layout plan of the Northern Strip of sectors E-11 and C-14.
The CDA board meeting was held under the chairmanship of Chairman Mohammad Usman and discussed several agenda items. The meeting approved the revision of the layout plan of the E-11 Northern Strip, permitting 103 commercial and apartment plots in place of the site earlier reserved for high-rise apartment projects.
The board also announced that the bylaws of the Markaz of Islamabad should be applied to the said plots.
In this regard, CDA officials stated that E-11 was a fast-developing sector and the said plots in total had the ability to produce over Rs40 billion. They added it was expected that in the forthcoming auction, the authority would put the first batch of the said plots for auction.
Moreover, the meeting also approved the revised layout plan of C-14, increasing the number of plots of size 50×90, from 542 to 601. The board also sanctioned an auction of plots for the construction of a five-star hotel adjacent to the Marriott Hotel in F-5.
Recently, the officials of CDA decided in favor of the civic body and recommended going for auction after getting approval from the federal government. Consequently, the matter was placed before the board to get its consent for sending the summary to the federal government.
The CDA officials went on to say that after receiving approval from the government, the civic body would auction off this plot because the capital’s growing population necessitated the urgent need for new hotels.
Similarly, the meeting also approved policy changes for dealing with cases involving those affected by land acquisition. According to sources, the board also agreed to reduce the bus fare (shuttle service from Bhara Kahu bazaar to terminal of green bus service) from Rs20 to Rs15.