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PKR 350mn recovered from FDA City defaulters

Manik Aftab | December 20, 2020

Faisalabad: The Faisalabad Development Authority (FDA) on Thursday stated that it had recovered PKR 350 million from FDA City defaulters during the previous month, a news source reported.

Read: Details on FDA City plots up for auction shared

The officials concerned unveiled the information during a meeting; presided over by FDA Director General (DG) Muhammad Suhail Khawaja.

FDA Additional Director General Amir Aziz, Director Estate Management Suhail Maqsood and other officials concerned were all present at the occasion.

According to the details revealed, the amount recovered would be spent on the development of said housing scheme.

Read: FDA City defaulters issued final notices to clear due payments

DG Khawaja expressed satisfaction over the recovery of arrears; stating that the civic agency would cancel the allotment letters of all defaulters following the expiration of the communicated deadline.

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