Connect with us


Development of the blue zone soon | The express stand




Development work on the ‘new blue zone’ – a new shopping district and skyline created in the city by the ruling Pakistan Tehreek-e-Insaf (PTI) – could start as early as next week after investors, who had successfully bid for plots, paid the first installment in advance.

Capital Development Authority (CDA) officials said on Sunday that the government has set a 30-day deadline for investors to pay about a quarter of the value of plots from the time their bids are officially ratified by the authority. . This would qualify them to move on to the approval stage of management plans.

They added that of the 7 billion rupees in collections targeted by the CDA following the auction, they had reached the target before the appointed time.

The recoveries, they said, were aided by the fact that at least two investors chose to pay the full value of their plots together.

The government had encouraged the initial payment for the plots by offering these investors a 10 percent discount on the overall cost of the plot.

Officials added that development work to provide essential services to this area could start as early as next week, adding that the power supply for the local network station is already ready while work is underway for the construction of the area. ” at least one pedestrian crossing connecting the area.

A senior CDA official said his plan for the new blue zone was to build a new shopping center of international standards in the federal capital.

According to Prime Minister Imran Khan’s vision, the official told the Express Tribune that by incorporating international construction and development standards, the new blue zone will improve the city’s commercial and landscape profile.

He added that CDA was working on an integrated strategy to build the new blue zone as soon as possible.

As of July, CDA had established 24 plots in the New Blue Area, a strip of land sandwiched between Jinnah Avenue and Ibn-e-Sina Road overlooking Sector F-9 Park. Of this total, the authority received offers for 15 plots worth 22 billion rupees. However, CDA only considered bids for 12 plots valued at Rs 17.04 billion.

In addition, the authority announced a series of incentives for investors. This included a dedicated team to help investors every step of the way, allowing payment of the first 25 percent installment within 30 days of accepting the offer. Additionally, the building plan can be approved after the first payment is made, while investors can get a 10% discount on the cost of their plot if they pay full payment up front.

Plus, those who get their development plans approved by a set date would be eligible for the Prime Minister’s coveted building program.

Likewise, a pro-rated income tax advance and 100% coverage for plots less than 1,000 square meters and 70-75% coverage for larger plots.

The money, officials had said, would be spent to improve the city for which initial planning and work, such as repairing roads, building and rehabilitating sidewalks, streetlights and sewers, has already started.

Posted in The Express Tribune on September 14, 2020.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content