ISLAMABAD, Sep 26(ABC): Apparently due to sheer negligence, the Capital Development Authority (CDA) has failed to get possession of more than 700 developed plots from Defence Housing Authority (DHA) in lieu of the civic agency’s land which was handed over to DHA some 14 years ago.
The CDA and DHA in 2007 signed an agreement, under which the CDA handed over 1,500 kanals of Zone 5 to DHA and it was decided that in return the DHA would give 727 developed plots to CDA.
However, so far, the CDA has failed to get its plots worth almost around Rs7bn.
The CDA had purchased/acquired the land under two awards announced in 1961 and 1964 for its own use, but all of a sudden, the civic agency in 2007 decided to hand over the land to DHA for getting developed plots. As per its earlier announcement, the CDA [whenever will get possession from DHA] will auction the plots to generate funds to be utilised on the development works in the city.
On the other hand, the civic agency every year in its budget, showed the said plots as its receivable assets. Sources in CDA said that occasionally, the matter came under discussion but due to unknown reasons, there is no tangible progress.
