Directorate of Municipal Administration, Capital Development Authority (CDA) auctioned the bus stand at G-9 Markaz at an amount of Rs 70 million on Tuesday. CDA has earned almost double amount in comparison with the amount earned last year through auction of the same bus stand.
The bus stand at G-9 Markaz was auctioned at an amount of Rs 40.13 million last year. The auction process was held in quite transparent manner in accordance with prescribed rules and procedures. Twenty firms from all over Pakistan participated in auction process. Chairman CDA, Maroof Afzal, while expressing his pleasure over the successful and transparent auction congratulated Directorate of Municipal Administration for generating resources almost double in comparison with last year through auction of the same bus stand.-PR