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07 November, 2018

RDA is set to launch its First Ever Housing Scheme

Property News

After 30 years of its establishment, the Rawalpindi Development Authority (RDA) is launching its first ever housing scheme even though it has neither funds nor land for it. A senior official of the RDA stated,

The RDA had prepared two plans to generate revenues, including the establishment of a housing society on a piece of land allocated for the setting up of a sewerage treatment plant in the Adiala village and construction of a commercial plaza adjacent to the RDA offices near Liaquat Bagh,

The scheme, which is meant for deserving families, BPS 1-16 government employees, and the middle class, has been approved by the authority. The housing scheme will have water, electricity, gas, schools, markets, mosques, and playgrounds. The housing scheme will have 3-, 5-, and 7-marla plots available on installments. The scheme will be launched on the basis of public-private partnership. Private partners will be brought on board who have 2,000 kanals of land in a single khasra.

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