Islamabad: The Federal Government Employees Housing Authority (FGEHA) has decided to auction land for the construction of a five-star hotel in Sector G-13, according to news published on November 3.
Read: Details shared on progress of FGEHA’s Life Style Residency
The news source mentioned that a high-end hotel will be constructed on state-owned land in Sector G-13 of the capital city. It was revealed the FGEHA owns over 21 kanals of land in Mawariya. As per the details shared about the auction, it was revealed that an international auction will be held.
Read: FGEHA, AJK govt to launch housing project in Rawalakot
Reportedly, the authority has decided to auction the land in a bid to generate revenue. It was also disclosed that besides the five-star hotel, a 40-feet-wide loop will be constructed to make the location easily accessible and improve the traffic flow.