FAISALABAD, Oct 13 (APP):The Faisalabad Development Authority (FDA) has completed all arrangements for public auction
of several commercial plots at 11 a.m. in FDA Complex here on Thursday (October 15, 2026).
FDA spokesman said here on Tuesday that Director General FDA Muhammad Asif Chaudhry has constituted a six-member auction committee to organize and supervise the auction. Director Estate Management-I will head the committee while Deputy Director Estate Management-I, Deputy Director Finance, Deputy Director Town Planning-I, Deputy Director Town Planning-II, and Assistant Director Estate Management-I have been nominated as its members.
Director General FDA Muhammad Asif Chaudhary has directed the concerned officials to ensure the provision of all necessary facilities and information to citizens wishing to participate in the auction.
He emphasized that the entire auction process must be conducted in a transparent, well-organized manner and in accordance with the principles of merit.
He further clarified that equal opportunities must be provided to all participants to ensure that there is no room for ambiguity or complaints.
FDA spokesman said that the relevant officers have also been directed to ensure strict compliance with all rules and regulations and to complete every stage of the auction in accordance with the prescribed procedures.
These measures aim to maintain public confidence in the institution and further improve the effectiveness of the FDA’s financial and administrative affairs.
The purpose of conducting the public auction is to sell the available commercial properties transparently, enhance the authority’s financial resources, and provide citizens with opportunities to establish and expand business activities.
The commercial plots selected for auction are located in Madina Town, Millat Town, Ahmad Nagar, Allama Iqbal Colony, Sir Syed Town, and other areas.
Similarly, 16 plots of various sizes, situated in 110 private housing schemes and FDA-controlled residential colonies and designated for educational and healthcare facilities, will also be offered for auction.
The bids will be invited for renting out shops available on different floors of Gulistan Plaza, a property owned by the FDA, the spokesman added.
Source: APP (Associated Press of Pakistan)
