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CDA Lifts Ban on Property Transfer in Islamabad

CDA Lifts Ban on Property Transfer in Islamabad

Web Desk April 22, 2024 Add Bol News as a trusted source
  • CDA has lifted the ban on property transfers in Islamabad.
  • It caused uncertainty for buyers and protests from the Real Estate Agents Association.
  • Despite concerns about the motive behind lifting the ban, property transfers have now resumed.
The Capital Development Authority (CDA) has recently ended the ban on property transfers in Islamabad, as confirmed by a letter from Additional Director Land Affectees, Riaz Khan. This decision comes after the ban was initially imposed in January 2024 by the Deputy Director General of Land.

The ban, which initially targeted property transfers linked to land affectees during the tenure of former Member Estate, Afnan Alam Khan, had created uncertainty for many buyers. It affected individuals who had received plots as compensation after their land was acquired by the CDA.

While property transfers through open auctions proceeded smoothly, those involving plots allocated to land-affected persons were put on hold, prompting protests from the Real Estate Agents Association. Despite their efforts and meetings with CDA officials, including Chairman Captain (retired) Anwar-ul-Haq, the ban remained in place.

The association emphasized the need for targeted actions against wrongdoing rather than a blanket ban. Subsequently, some individuals approached the Islamabad High Court, leading to a directive for the immediate resumption of property transfers to their rightful owners.

Although the CDA issued a notification lifting the ban, concerns linger among realtors regarding the authority's motives, with suspicions that the decision was made under court pressure rather than genuine intent.

The withdrawal of the ban, initially imposed by senior management and revoked by a junior officer like the Additional Director of Land Affectees, raises questions about the organization's compliance with court orders.

[embedpost slug="/nadra-b-form-urgent-fee-update-in-pakistan-april-2024/"]

Former Member of Estate Afnan Alam Khan, along with other officers, faced an investigation by the Federal Investigation Agency (FIA) over alleged fraudulent allotments in sector E-11. The FIA's inquiry now seeks comprehensive details of all allotments and plot changes during Khan's tenure, reflecting broader scrutiny into land-related affairs in Islamabad.

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