ISLAMABAD: The Capital Development Authority (CDA) has failed to complete a project providing affordable housing to low-income individuals in Sector I-5 since the past fifteen years.
The delay has deprived 4000 people from receiving low-cost apartments. In 2003, an amount of Rs2612 million was approved for the project. The CDA commenced work that year but the development project has faced hurdles ever since and remains incomplete.
The lands were procured in Sector I-5 and adjoining area and PC-1 worth Rs2944 million was approved for the project which includes the construction of 5000 apartments for low-income individuals. In 2017, the CDA offered to allot plots to 4000 applicants and refunded the remaining 1000 allottees.
The CDA has failed to complete the project as the amount stipulated for the project has been used for other non-developmental expenditures. On the other hand, a new PC-1 was issued last year despite the lands in the adjoining areas have been procured which has doubled the amount to Rs5656 million.
The CDA has been impressing the federal government with its progress report and has vowed to resume development projects in Sector I-5 by end of this month.
ADVERTISEMENT
