CDA offers inexpensive apartments for overseas Pakistanis
Islamabad: According to an advertisement in daily news publications, the Capital Development Authority (CDA) has unveiled Nilore Overseas Residencia Phase-1, an affordable apartment complex created specifically for Pakistanis living abroad.
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On Lehtrar Road in Zone-IV of Islamabad, the property offers 2-bedroom apartments with a total square footage of 779. According to the advertisement, the apartments’ online application will be accessible from February 25 through March 31, 2023, and computerized voting will take place on April 15.
Only abroad Pakistanis with valid NICOP and Pakistan origin cards are eligible to apply for the apartment project, which will be carried out jointly by CDA and the central government. All payments must be paid in US dollars. The advertisement instructed potential customers to visit CDA’s official website beginning on February 25 to download brochures and application forms.
It is significant to note that the CDA has begun a number of residential projects for Pakistanis living abroad in an effort to draw foreign direct investment (FDI)