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NAB Chief Orders Inquiry Into Islamabad’s Rs15Bn Park Enclave Housing Project

ISLAMABAD, Oct 18, 2018: Taking notice of non-allotment of plots to citizens specially overseas Pakistanis, National Accountability Bureau (NAB) chairman Justice (retd) Javed Iqbal has ordered an inquiry into irregularities in Park Enclave housing scheme in the federal capital.

The project is said to be an unattended scandalous case of the capital authority’s commercial housing scheme that was sold for over Rs15 billion but yet to be delivered to hundreds of Pakistanis, both local and overseas, according to The News.

The project is being built by the Capital Development Authority (CDA) in Kurri Village of Islamabad’s Zone-IV.

Launched in 2011, the high-end project is yet to be completed despite passage of eight years, said a statement issued by the corruption watchdog on Thursday.

The balloting was conducted in December 2014 for 1 kanal and 2 kanal plots priced at Rs17.5 million (price laater increased to Rs22 million) and Rs35 million respectively, according to their website.

The CDA launched the initiative with the attractive slogan “The Jewel of Islamabad” during the last PPP government in 2011 and then extended it in 2014 and 2015 during the PML-N regime. “The Park Enclave has been used by government to pocket billions of rupees but failed to keep its promise of giving possession of plots within stipulated time period,” the paper reported today.

It’s the first ever housing scheme (gated community) with 60% area reserved for natural landscaping…Offering lifestyle even better than the posh sectors of Islamabad, it says.

“How can one trust the government with such failures and deceits on part of government departments,” a source said.

The NAB chief has taken notice of the complaints over non-allotment of plots despite collection of billions of rupees from the public specially those living abroad, the statement added.

The Capital Development Authority (CDA), despite not only allegedly spending millions on advertisement and receiving approximately Rs15 billion from the masses, has failed to complete the project on time. “This is not only a serious joke with the public but also a case of severe misuse of authority by the officials concerned.”






One Comment to NAB Chief Orders Inquiry Into Islamabad’s Rs15Bn Park Enclave Housing Project

  1. Nawaz bhatti says:

    All corners plots were issued to influential people
    With out attending auctions…..

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