Islamabad: The Federal Government Employees Housing Authority (FGEHA) is hosting a two-day auction featuring 19 prime commercial properties in sectors G-13/3 and G-14/4, starting tomorrow and continuing the day after (December 27 and 28), as reported by a news source.
Read: CDA, FGEHA directed to compensate landlords of Sectors G-14, E-12
In addition to the auction of select commercial plots in the mentioned sectors, the FGEHA has approved the auction of a petrol filling station in the Mauve area in G-13. Reportedly, this auction will take place at Aura Grande, E-11 on Wednesday (December 27). The purpose of auctioning this filling station is to generate additional revenue for the authority, according to the news source.
Read: Senate Committee urges swift completion of FGEHA housing projects
Recently, the authority unveiled its plans to launch new housing projects in eight major cities across Pakistan: Faisalabad, Multan, Karachi, Lahore, Quetta, Peshawar, Lahore, and Rawalpindi. These projects will cater to both government employees and the general public. According to the Associated Press of Pakistan, the FGEHA has already received applications from companies and landowners interested in participating in these mega residential projects.