CDA To Complete Margalla Avenue On Priority

Property Updates News
#1

For sometime now, work has been going on at a snails pace on the margalla avenue project, as the CDA has not made any payments to the contractor despite completion of 40% of work. Speculation has been rife that maybe the new government is not interested in executing projects started by previous govt and is focusing more on the new ideas such as economic zone and tunnel etc. The current CDA chairman, who has a reputation of a strong go-getter type officer and considered close to the sharifs, had ordered an inquiry into the margalla avenue project also, which was recently completed.

However, it is reassuring to learn that the CDA chairman has reaffirmed his commitment that they will complete the ongoing projects including margalla avenue first, from available resources, before spending money on any new extravagant venture. This is from today's newspaper, and fortunately, i was able to personally confirm this news item also from a source in the CDA:

Http://e.Jang.Com.Pk/09-23-2013/pindi/pic.Asp?Picname=54.Gif

Could this be the good news that could trigger a price boom in zone 2?

#2

Jazak Allah Khair Ajmal. Keep up the good work! Seems like the prior contractors were PPP appointed so no monetary advantages to the new government buddies. Thats what you get for democracy! Anyway, InshaAllah things will be much better than before!

#3

Yes, this is true, the new Chairman CDA is close Punjab CM Shahbaz Sharif and he had worked in Lahore under him, due to his pressure, Margalla Avenue and Kashmir Highway projects will be completed soon, InshAllah, he is doing a very nice work. Regards,

#4

Well, the CDA might not have any sympathy for the people, who suffer due to delay in the project, but it has its own axe to grind. Without Margalla avenue, they cant launch C-15/16, and collect more money, which would make them “penny wise, pound foolish”. It is my understanding that CDA will start clearing the bills within the next few weeks. The day that happens, it would be a green signal for more investment.

#5

Exactly. The fact that they have to launch new sectors, completion of margalla avenue by next year is crucial

#6

That will positively effect B-17, D-17, E-16/17.

This has to happen sooner or later at the CDA would earn good income from C sectors if Marglla Avenue is completed.

Regards

#7

In the PPP government's time Margalla Avenue was listed at the top of 'Projects in Progress' on CDA website.

Now in PML-N government, Margalla Avenue is listed on 'Future Projects' with the remark, "Tenders under Acceptance".

In Mian Sahab's first term as PM in 1991, he started the Motorway Project. When BB government came in power, they ordered the contractor Daewoo to reduce the number of lanes from 6 to 4. After that, the project was returned to 6 lanes again but in the process, our poor country had to pay many millions of dollars extra.

This is what these politicians do. They only care about how much credit and how many votes a particular project will give them. They dont care about how much loss it will cause to the national exchequer.

Now that the earthwork of the Margalla Avenue is completed, more delay will mean that rains will wash away the earth work because it is still muddy and then they will pay extra for doing it again.

If the contractor has not submitted a bank guarantee, they should invoke the relevant clause of the contract and serve him default legal notice according to the terms and conditions of the contract. In this notice, CDA should warn the contractor that CDA will appoint another contractor and deduct the extra cost from the dues of the existing contractor. I can bet, the contractor will immediately procure the bank guarantee.

But delay will not suit anyone.

#8

@Pk1. Your concern is genuine but I hope you must also be aware of the mindset of senior level govt ppl, and to be honest most of them are not IT literate and dont give a damn about even maintaining or updating their websites. I have seen absolutely hilarious examples of content posted on some govt websites. Infact I have seen material pasted on a ministry's website which had been copied from another govt site but was not even related to that ministry's functions!

Raising contract prices is the way to corruption in govt projects, its like a norm these days. I just hope that they sort out whatever they have to do and get on with the project. So far the news from the CDA seems to be positive. Lets hope that we soon get to see some movement on the ground as well.

#9

Very true Pk1, the govt should proceed as per the relevant provisions of the contract in order to complete this project as early as possible.

Regards

Get the Zameen App

Buy and Rent Property faster and better
using our app.
Scan the QR code to
get the app

Get Connected

© 2007– Zameen.com. All rights are reserved.