Capital Development Authority | Pakistan

ISLAMABAD: Capital Development Authority (CDA) has initiated action against Al-Mustafa Tower, located in Sector F-10, and an inquiry has been launched in this regard. Sources in the CDA said the inquiry would determine the role of CDA officials and fix responsibility, if any. They said the civic agency recently received information that amenity spaces in the tower, such as the gym and open areas, had allegedly been sold out. CDA officials said that in 2019, on the directions of the Islamabad High Court (IHC), the CDA took over the project and started managing its affairs through a management committee. “On the directions of the Islamabad High Court, CDA constituted a committee to manage the affairs of Al-Mustafa Tower. However, the committee became dysfunctional without any order from the competent authority, due to which the affairs of the building could not be managed properly. In the meantime, CDA received information that public amenity spaces had been illegally sold by the ex-allottee/builder and more th...

ISLAMABAD: The Islamabad High Court (IHC) on Thursday upheld the Capital Development Authority (CDA) decision, canceling lease of iconic skyscraper One Constitution Avenue owing to the multi-billion rupees default. IHC Chief Justice Sardar Mohammad Sarfraz Dogar announced the decision on the appeals filed by M/s BNP (Private) Limited and the occupants of flats in the skyscraper. The court in February this year had reserved its verdict in the high-profile case concerning the cancellation of the lease of Grand Hyatt building located in the Red Zone near Constitution Avenue. Counsel for the CDA Kashif Ali Malik advanced arguments on behalf of the civic agency. IHC in February this year had reserved the verdict in the high-profile case The case pertains to the controversial five-star hotel project, which was awarded to BNP Group nearly two decades ago. However, instead of functioning as a five-star hotel, it was converted into residential apartments and commercial areas. Apartments in the building were also repor...