Nationwide Accountability Bureau Islamabad/Rawalpindi has accomplished the switch of 1000’s of kanal of amenity and public utility land to Capital Improvement Authority in a significant transfer aimed toward addressing long-standing irregularities in housing societies.
In keeping with official particulars, 5,484.76 kanal of amenity land in Gulberg Residencia and 999 kanal in Margalla View D-17 have been formally transferred to CDA throughout the first section of the initiative.
Authorities stated the transferred land is valued at round Rs66 billion, together with roughly Rs41 billion assessed underneath DC charges and public utility land with an estimated market worth of Rs25.43 billion.
The method was accomplished underneath the supervision of DG NAB Islamabad/Rawalpindi Waqar Ahmed Chauhan in coordination with CDA, the Islamabad Income Division and housing society administrations.
Officers stated a number of instances pending for many years have now been regularised, together with the Civil Workers Housing Society case that remained unresolved for practically 31 years.
NAB stated the recovered land had initially been reserved for parks, faculties, hospitals and different public welfare amenities, however administrative delays had led to encroachments and unlawful practices, together with “china reducing”.
The bureau added that one other 4,500 kanal of land from extra housing societies is anticipated to be transferred within the coming weeks, whereas mutation of over 2,500 kanal is at present underneath course of.
