CDA has sold residential and commercial plots worth nearly Rs15 billion in the first two days of its Islamabad auction, offering incentives for local and overseas investors.
Islamabad Plot Auction Generates Strong Investor Response
The Capital Development Authority (CDA) has recorded robust investor interest in its latest auction of residential and commercial plots in Islamabad. During the first two days of the auction, total proceeds reached about Rs14.809 billion, reflecting strong demand from both local and overseas buyers. The auction is being held at the Jinnah Convention Centre, where different categories of plots are being offered for investment across key sectors and schemes of the federal capital. The process is being supervised by the Chairman Auction Committee and Member Finance Tahir Naeem, along with other members of the auction committee, to ensure transparency and competitive bidding.
High-Value Plots Sold in Blue Area and Orchard Scheme
On the first day of the auction, some of the highest bids were received for commercial plots located in Islamabad’s prime Blue Area. Plot No. 15, situated at the F-8/G-8 Blue Area strip, fetched a winning bid of around Rs3.52 billion, while Plot No. 17 in the same corridor was auctioned for an impressive Rs9.15 billion. Beyond the Blue Area, strong bidding was also witnessed in the Orchard Scheme on Murree Road. Plot No. C-37 in the Orchard Scheme was sold for approximately Rs422 million, and Plot No. D-37 went under the hammer for around Rs420 million. These results show that well-located commercial and residential assets in Islamabad continue to attract major investors despite broader economic challenges.
Day Two Sales in D-12 Markaz and F-10/3
The second day of the CDA auction also saw encouraging participation from buyers. According to the authority, plots worth about Rs1.28 billion were sold on day two alone. Among the headline transactions, Plot No. 12 in Sector D-12 Markaz was auctioned for roughly Rs1.04 billion, highlighting the premium attached to well-planned commercial centres in developing sectors. In addition, Plot No. A-284 in the posh Sector F-10/3 fetched a bid of around Rs246 million. These deals add to the overall tally and underline the continued appetite for Islamabad real estate, particularly in sectors where infrastructure and amenities are already in place or are rapidly improving.
Investor-Friendly Incentives to Boost Participation
To attract a wider investor base, including Pakistanis living abroad, the CDA has introduced a range of incentives for successful bidders. A five percent discount is being offered on commercial plots if payment is made in US dollars, which is particularly appealing for overseas investors who hold foreign currency savings. Another five percent rebate is available for buyers who make a lump-sum payment within 30 days of bid approval. The authority has also streamlined development and possession timelines: building plan approval will be granted after payment of the first 25 percent of the plot price, while physical possession of the plot will be handed over once 75 percent of the payment has been made. All bids received during the auction will be placed before the CDA Board for formal approval before finalisation.
How CDA Plans to Use the Auction Proceeds
CDA officials have stated that the revenue raised from the ongoing auction will be channelled back into Islamabad’s development. The funds are expected to be used for upgrading infrastructure, improving road networks, enhancing public facilities and further beautification of the federal capital. By linking plot sales directly to development spending, the authority aims to reassure investors that their money will support long-term value creation in the city. With the auction scheduled to continue until 24 December, more residential and commercial plots will come under the hammer, potentially pushing the total auction value even higher. For many investors, this auction offers an opportunity to secure prime real estate in Islamabad under a transparent process with clear payment schedules and built-in incentives.
