Rawalpindi: The Rawalpindi Development Authority (RDA) will construct a commercial building on its land in Sherpao Colony, according to a news report. The purpose is to increase revenue for RDA.
Director Architect Shuja Ali visited the location to survey it on the instructions of DG RDA and presented a feasibility report along with his suggestions on the matter. In the feasibility report, he stated that a commercial building on the location in Sherpao Colony is feasible from both rental and sale perspectives.
He stated that the project is going to cost PKR 93 million, while PKR 750,000 can be earned in rent and PKR 126.386 million is its sale value.
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