Business

FGEHA to auction commercial plots in sectors G-13, G-14, Check date inside

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Staff Reporter

ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA) is set to auction off commercial plots in sectors G-13 and G-14 on November 13 and 14 at the Citizen Club in F-9 Park, Islamabad.

This auction will feature multiple commercial plots in G-14, Class-III plots in G-13 and G-14-2/3, and a petrol pump plot in the Mauve area along Sri Nagar Highway in G-13.

Additionally, mixed-use plots and apartments located in front of G-13 Markaz will also be up for bidding.

Successful bidders will have the option to pay for their plots through easy installments spread over two years. However, those who choose to pay the full amount upfront will receive a 10% rebate on the total payment, plus an extra 5% discount if they pay in US dollars through banking channels.

The FGEHA has advertised the auction in major newspapers, encouraging interested individuals to obtain brochures from their offices.

This move is likely to attract investors seeking prime commercial locations in Islamabad. The plots are ideally situated near the Metro Station, GT Road, and N-5, making them perfect for multipurpose businesses, shopping centers, corporate offices, and banks.

Staff Reporter

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