Ef­forts on for early com­ple­tion of de­vel­op­ment work at G-14 sec­tor

The Pak Banker - - NATIONAL -

Min­istry for Hous­ing and Works, is mak­ing ef­forts for early com­ple­tion of de­vel­op­ment work in Sec­tor G14/1 and G-14/2. Ac­cord­ing to of­fi­cial doc­u­ments, the as­sess­ment of built up

prop­erty in Sec­tor G-14/1 and re­main­ing area in G-14/2 is also in progress. When the as­sess­ment of built up prop­erty in Sub-Sec­tor G- 14/1& 2 is com­pleted, the de­vel­op­ment work in th­ese ar­eas will also be started.

Pos­ses­sion of plots shall be handed over to the al­lot­tee af­ter com­ple­tion of in­fra­struc­ture de­vel­op­ment work ac­cord­ingly. Fed­eral Min­is­ter for Hous­ing and Works, Akram Khan Dur­rani in writ­ten re­ply to Na­tional As­sem­bly said the de­vel­op­ment work of Sub-Sec­tor G-14 / 2 & 3 was start- ed in Septem­ber, 2012. Ini­tially, the de­vel­op­ment work awarded to M/S NCL with the ap­proval of Ex­ec­u­tive Com­mit­tee / Board of Di­rec­tors of Hous­ing Foun­da­tion. He said NCL did not carry out the de­vel­op­ment work de­spite the laps of con­sid­er­able time. Con­se­quently, the same was handed over to M/S ASCO with the ap­proval of Ex­ec­u­tive Com­mit­tee/ Board Di­rec­tors of

of Hous­ing Foun­da­tion who is presently work­ing at site.

Ini­tially, 29 per­cent of the area in Sub-Sec­tor G-14/2 and 3 was handed over to M/S ASCO for de­vel­op­ment work. Later on, fur­ther 56 per­cent of the va­cant area in Sub-Sec­tor G-14/2 & 3 has also been handed over to M/S ASCO. He said that land ac­qui­si­tion process of Sec­tor G- 14/ 1 & 2 Is­lam­abad is in progress.

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