Karachi: The Karachi Development Authority (KDA) is all set to hold a two-day auction of its commercial plots today (April 21) at KDA Seminar Hall on the first floor of Karachi Civic Centre at 10 am, according to a news story.
During this auction, a total of 47 commercial plots and one residential plot will be presented for bidding. These plots lie in Surjani Township, North Karachi Township, Korangi Township, Old Nazimabad, Clifton and Gulistan-e-Jauhar.
It was announced that today (on April 21), the public auction of 17 commercial plots (sized between 40 sq yds to 300 sq yds) located in Korangi Township will be held. The security deposit for each plot is PKR 500,000. The said auction will also include eight commercial plots in Surjani Township that are sized between 250 sq yds and 800 sq yds. The security deposits for each plot is PKR 500,000.
On April 22, the KDA will auction 23 commercial plots located in North Karachi Township, Clifton, Old Nazimabad and Gulistan-e-Jauhar. Out of these, seven commercial plots are in North Karachi Township and are sized up to 150 sq yds. The security deposit for each plot is PKR 500,000.
A 600 sq yds commercial plot in Old Nazimabad will also be available for bidding and requires a security deposit of PKR 1,000,000. Another commercial plot of 400 sq yds is available in Clifton and requires a security deposit of PKR 1,000,000.
Finally, 13 commercial plots of 400 sq yds will also be up for bidding in Gulistan-e-Jauhar. The security deposit for each plot is PKR 1,000,000.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
