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CDA Initiates Possession of Land for Development in E-12 Islamabad

Today (28-05-2014), the news published in Daily Jang regarding CDA action in sector E-12 Islamabad. According to the reporter, CDA has managed to reach on some agreement with the affectees of sector E-12, and they have initiated process of demolishing houses with affectees’ consent.

The first phase of possession process was completed today by demolishing 29 houses and 1400 more affectees will be evacuated from E-12. CDA has also initiated process to award plots in sector I-12 to the affectees of sector E-12. CDA has allotted 27 plots till date.

CDA has given contract for construction of roads in sector E-12, however the contractor has not yet been able to submit bank guarantee for this project. Therefore, CDA has not given the go-ahead to the contractor.

This is a very good news to the allottees of sector E-12 who were desperate to sell off their plots. If the progress continues in this sector and development starts as per the plan, prices are expected to rise much higher within a short period of time.