AVN 57.07 Increased By ▲ 0.05 (0.09%)
BOP 10.10 Decreased By ▼ -0.03 (-0.3%)
CHCC 133.76 Increased By ▲ 4.93 (3.83%)
DCL 9.43 Increased By ▲ 0.11 (1.18%)
DGKC 107.25 Decreased By ▼ -0.34 (-0.32%)
EFERT 67.25 Decreased By ▼ -0.25 (-0.37%)
EPCL 32.03 Decreased By ▼ -0.58 (-1.78%)
FCCL 21.51 Increased By ▲ 0.40 (1.89%)
FFL 12.37 Increased By ▲ 0.40 (3.34%)
HASCOL 13.46 Decreased By ▼ -0.12 (-0.88%)
HBL 130.81 Increased By ▲ 6.15 (4.93%)
HUBC 81.08 Decreased By ▼ -0.32 (-0.39%)
HUMNL 9.44 Decreased By ▼ -0.16 (-1.67%)
JSCL 16.36 Increased By ▲ 0.51 (3.22%)
KAPCO 24.60 Decreased By ▼ -0.15 (-0.61%)
KEL 3.64 Decreased By ▼ -0.07 (-1.89%)
LOTCHEM 13.05 Decreased By ▼ -0.15 (-1.14%)
MLCF 33.90 Increased By ▲ 0.26 (0.77%)
OGDC 113.93 Decreased By ▼ -0.57 (-0.5%)
PAEL 33.80 Increased By ▲ 1.06 (3.24%)
PIBTL 11.29 Decreased By ▼ -0.05 (-0.44%)
PIOC 82.10 Increased By ▲ 6.00 (7.88%)
POWER 8.68 Increased By ▲ 0.56 (6.9%)
PPL 98.99 Decreased By ▼ -0.04 (-0.04%)
PSO 187.00 Increased By ▲ 3.00 (1.63%)
SNGP 56.19 Decreased By ▼ -0.17 (-0.3%)
STPL 11.10 Decreased By ▼ -0.11 (-0.98%)
TRG 51.06 Increased By ▲ 1.30 (2.61%)
UNITY 12.35 Decreased By ▼ -0.21 (-1.67%)
WTL 0.99 Decreased By ▼ -0.02 (-1.98%)
BR100 4,156 Increased By ▲ 19 (0.47%)
BR30 21,247 Increased By ▲ 88 (0.42%)
KSE100 40,076 Increased By ▲ 204 (0.51%)
KSE30 17,394 Increased By ▲ 74 (0.42%)
COVID-19 TOTAL DAILY
CASES 280,461 432
DEATHS 5,999 15
Sindh 121,705 Cases
Punjab 93,336 Cases
Balochistan 11,777 Cases
Islamabad 15,095 Cases
KP 34,253 Cases

KARACHI: Karachi Metropolitan Corporation's Spokesman said that the auction of a plot at Old Sabzi Mandi has been cancelled and the resolution adopted by the city Council was deferred. In a statement on Friday, the spokesman said that after auction, many people approached the Director Land and concerned officials and maintained that they could not take part in the auction due to COVID-19. They were in isolation at the auctions time and now requested the KMC to cancel the auction so that they could take part in the second auction.

The Director Land apprised high officials about the matter and the KMC has decided to cancel the auction in larger interest of the people of Karachi, the Spokesman added. He said that the security deposit amount has also been refunded as no amount was deposited in the KMC's account. "The plot 2B 2700 is still the KMC's property and no one claims it" he added.

The KMC's spokesman was of the view that the plot is a commercial one and designated for a petrol pump that's why many parties were interested in the auction.