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KDA to auction residential and commercial properties from 25th February

Real Estate News
19 Feb 2020
KDA to auction residential and commercial properties from 25th February

KDA to auction residential and commercial properties from 25th February

Karachi: The Karachi Development Authority (KDA) has announced to auction the residential and commercial units including offices, flats, and shops in different public housing schemes in Gulshan-e-Iqbal, Korangi Towns, and Surjani from February 25 to 27.

According to the news sources, the auction of residential and commercial properties would be held at the seminar hall of Civic Center Karachi. The Director-General KDA, Syed Saif-ur-Rehman has assured that the auction of these units will be conducted in accordance with the rules and regulations of the authority.

The DG has also directed the officials concerned to maintain transparency in the auction of residential units, offices, and shops. He issued these directives during the 3rd meeting as the Chairman of the Executive Board for Public Housing Scheme here, as informed by the spokesperson.

The meeting was held to discuss the recommendations submitted by the different organizations regarding the market value of the shops, offices, and other property in the Daycare Centre North Nazimabad, Surjani Retreat Apartment, Surjani View Apartment, Civic Center, and Gulshan Terrace.

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