Manahil Estate

NAB Initiates Inquiry Against CDA Park Enclave Housing Scheme

Park Enclave Islamabad

Chairman National Accountability Bureau Mr. Javed Iqbal has ordered inquiry against CDA Park Enclave Housing Scheme Islamabad. Park Enclave was launched in 2011, and CDA spent millions of rupees to highlight the project through advertisements which attracted a lot of overseas Pakistanis, but unfortunately CDA is still unable to deliver this project even after the lapse of 8 years.

CDA has reportedly received more than 15 billion rupees from general public for Park Enclave Housing Scheme, but only a few plots have been given possession till date. Reportedly, CDA has been unable to acquire the proposed land for this project, which has raised serious question marks on the credibility of CDA. Overseas Pakistanis were quite disgruntled on unwarranted delay by CDA, therefore NAB has decided to initiate inquiry against Park Enclave.

It is important to mention here that CDA had also launched Park Enclave Phase 2 earlier in 2015, which lies right opposite to Park Enclave 1 on Kurri Road, but CDA has not been able to initiate development on this project also even after 3 years or so.

Read Also: CDA Failed to Resolve Land Issues in Park Enclave Phase 1 and Phase 2

We hope that NAB will seriously investigate into the matter and resolve the issues of hundreds of Pakistanis who have invested their lifetime earnings in Park Enclave Islamabad.

A copy of the news report by Dunya News is attached below:

NAB Inquiry Against Park Enclave Islamabad

You May Also Like...

PTCL Offers Premium Lands in Punjab OfferPTCL Offers Premium Lands in Punjab Offer
PTCL Offers High-Value Residential & Commercial Lands...
Pakistan Telecommunication Company Limited (PTCL) has announced the sale of...
Read more
csc banner discount policy extensioncsc banner discount policy extension
Capital Smart City Extends Discount Policy till...
Capital Smart City has released a notification announcing a 4-day...
Read more
Capital Smart City Construction Policy BannerCapital Smart City Construction Policy Banner
Capital Smart City Construction Policy 2025
Future Developments Holdings (Pvt) Ltd. (FDHL) has announced a new...
Read more
Share This Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Time limit is exhausted. Please reload CAPTCHA.

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms