CDA to raise Rs 2.5bn through compliance of building by-laws

Author: Agencies

The Capital Development Authority (CDA) likely to generate around Rs. 2.5 billion by ensuring compliance of building by-laws by different commercial premises situated in sectoral area of the city, according to a press release issued by the organisation.

In this context, after completing a comprehensive survey of the commercial buildings in the sectoral area of the city, the Building Control Directorate-I has segregated premises on the basis of violations committed by the owners under compoundable and non-compoundable violations categories. The said revenue will be generated from the commercial premises which are under category of compoundable violations while strict action including demolishing or removal of violations will be taken against non-compoundable violations or irregularities. Till now, for many years these buildings have continued to carry out business activities without paying the fees. However, either these will have to comply with the fee structure already in practice or will be proceeded against.

It is pertinent to mention here that the incumbent management of the authority has taken various initiatives aimed to ensure discipline in all spheres. Lacunas in the system are being fixed while the sources of revenue generation, which were never touched in the past, are being explored. As result of multipronged policies and initiatives of the authority not only longstanding issues of the federal capital are being addressed affectively but gradually authority has attaining financial stability coupled with a permanent source of revenue generation for the authority.

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