ISLAMABAD, Jul 24 (APP): The Federal Government Employees Housing A
uthority (FGEHA) is all set to auction its three mixed-use commercial plots in G-13 on August 7, as not only to generate more revenues but also to attract investors.
“The a
uthority has already advertised the auction
of the plots in different leading newspapers and urged the interested persons to obtain brochures from FGEHA
office,” an
official in the Ministry of Housing and Works told APP.
The
official said that the prime location
of these plots makes them suitable for a range of purposes, including multi-use businesses, shopping centers, corporate
offices, and banks.
He said the plots have an ideal location positioned along the Main Srinagar Highway, adjacent to Metro Stations, GT Road, & N-5, which is an eight-minute drive from Motorway M-1 and M-2 while 12-minute distance from the New Islamabad International Airport.
Moreover, the
official said the investors can benefit from a 10 per cent rebate on advance lump-sum payments, making the opportunity even more attractive.
The reasons to consider these plots for investment include their ideal location, affordable pricing, and modern facilities, he added.
The
official said the detailed terms and conditions for participation in the auction can be obtained from the relevant
office, with brochures available for interested parties.