CDA moves towards residential development


Staff Reporter

Capital Development Authority (CDA) moves toward residential development after nearly two decades.
CDA issues tenders for development works in E-12. After a lapse of nearly four decades finally after efforts of last six months formalities have been fulfilled and tenders being floated on 19.8.2019.
CDA Management had announced in February this year to initiate development activities on stalled sectors. As a consequence the oldest stalled sector has been taken up first and development work shall now become a reality.
This will add to the housing stock available in the city as well as the country. Roughly over 4,000 units will eventually be created here.
Initially work will be started on service road and gradually momentum shall be built. Similarly development works in other sectors are also in the pipeline.

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