Three-day annual plot auctio­n kicks offISLAMABAD: The apex civic body of the capital kicked off its now-annual three-day plot auction drive, receiving bids worth Rs4 billion for seven commercial plots located in various developed sectors of the city. Similarly, industrial plot 21 in Sector I-10/3, with a size of 1,888.88 square yards, fetched Rs173. 78 million at a rate of Rs92,000 per square yard with a listed token price of Rs20 million. Similarly, the 577.77 square yards, plot 9-A in Sector I-10 Markaz fetched Rs304.48 million at a rate of Rs527,000 per square yards against a listed token price of Rs20 million. The similarly sized, 577.77 square yards, plot 9-B in Sector I-10 Markaz fetched a lower Rs283.68 million at a rate of Rs491,000 per square yard against the token of Rs20 million.

Source: The Express Tribune October 03, 2018 05:03 UTC