The Capital Development Authority Auction has made headlines with its astonishing commercial plot CDA auction, raking in a whopping PKR 11 billion on the first day alone ¹. Five prime plots were sold, sparking intense investor interest and competitive bidding throughout the day. CDA Chairman Muhammad Ali Randhawa was thrilled with the turnout, attributing the…
All Posts in "real estate" Tag
Tag archive page
Pakistan’s commercial real estate sector is on life support, and its prospects of recovery are bleak. The industry has been in a downward spiral for the past two years, with values of immovable properties plummeting by over 50%. The Pakistan’s Property Market Crisis is so dire that experts predict a recovery is unlikely before 2030….