In the face of a significant increase in construction costs, the development of high-rise commercial buildings in the federal capital shows no signs of slowing down. The design-vetting committee of the Capital Development Authority (CDA) has recently given its stamp of approval to the building plans of nine more towering structures, strategically located in lucrative areas.
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Among the approved projects is a striking 26-storey hotel to grace Club Road, a development expected to involve investments totaling billions of rupees, drawing in various industries connected to the construction sector. The meeting of the design-vetting committee took place at the CDA headquarters, with the attendance of key officials from the civic body’s planning wing.
One of the notable approvals includes a 26-storey building set to rise on plot number 13 on Club Road, spanning an impressive 27,394.40 square yards. Additionally, the green light was given for a 15-storey building on plot number B-2, covering an area of 1,333.33 square yards in the New Blue Area.
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The list of approvals extends further, encompassing a nine-storey building for the Asian Development Bank, situated on a plot spanning 4,840.40 square yards in sector G-5, as well as a nine-storey structure designated for the Institute of Cost Management Accounts of Pakistan.
The committee also sanctioned building plans for six-storey and seven-storey buildings located in sectors I-8 and F-8 after thorough document reviews. Furthermore, the committee granted its approval for the construction of three commercial buildings in two private housing societies.
Source: Pro Pakistani