Gulzar-e-Hijri: FGEHA generates Rs600m through auction for commercial properties
ISLAMABAD: Federal Government Employees Housing Authority’s successful auction of commercial properties in Gulzar-e-Hijri Karachi, generating over Rs 600 million
The Federal Government Employees Housing Authority (FGEHA) conducted a highly successful auction of commercial properties in Sector 24-B, Scheme 33, Gulzar-e-Hijri, Karachi. The event took place at Prof Salim-uz-Zaman Siddiqui Auditorium, ICCBS, Gate No. 04, Karachi University, Karachi.
Approximately 40 commercial properties were offered for auction, out of which 21 properties were successfully sold, generating a record revenue of Rs 600 million – a remarkable achievement in the authority’s history. The auctioned properties included 21 commercial shops and 18 commercial plots in Sector 24-B, Scheme 33, Gulzar-e-Hijri, Karachi.
On this occasion, the Chairman of the Auction Committee expressed appreciation for the renewed investor confidence, terming it a positive development for the organization and the nation’s progress.
Copyright Business Recorder, 2024
Comments
Comments are closed for this article.