Islamabad Property News: Sakhi directs for time frame to develop Sector I-15

Posted February 6, 2012 by admin in Blog, Pakistan Property News | Comments Off

Islamabad Property News: Sakhi directs for time frame to develop Sector I-15

Islamabad—Chairman Prime Minister Task Force on Islamabad, Faisal Sakhi Butt in a recent meeting directed Capital Development Authority (CDA) to submit a workable solution and a time frame for the development of sector I-15 to overcome shortage of housing units in the federal capital.

The project of development of I-15 sector, which include 5 or 6 Marla plot flats, was announced the year 2005 which also included construction of 8000 flats for the low income groups. The amount of Rs 1.4 million per flat was fixed at the time of the announcement of this project but when it was realize before start of this project that the amount was too low to complete it so the authority dropped the idea to work on it.

Around 8,000 allottees submitted the amount for flats to CDA among which the authority returned the amount to 2700 allottees.

The Chairman Prime Ministers’ Task Force Faisal Sakhi Butt said the government is committed to provide affordable housing to the people especially those of the low income class.

He said that Prime Minister has given special directions for development of low income housing schemes.

“The development of the stalled sectors is a chronic issue which has multi dimensional implications not only for future development of Islamabad but on the very existence of the CDA in the light of the grooming competition among Real Estate Developers in and around Islamabad.”

The plight and miseries of the affected people and those of the allotees of the stalled sectors must end now as it is their third generation waiting for the compensation on account of the land acquisition and the dream houses”;

Butt said adding that the development of the stalled sector must be initiated with out any further delay.

The allied road infrastructure consisting of the other link roads to these sectors should immediately be constructed.

The opening of the residential units and new commercial centers would help discourage the trend of non conforming use of the residential buildings in the developed sectors. CDA chairman, in its board meeting, has directed the concerned formation of the authority to expedite work on this sector and submit report to PM Taskforce in a fortnight period.