ISLAMABAD - Capital Development Authority (CDA) on Wednesday issued an offer letter of 13 acres of land on lease for establishment of Islamabad High Court and residence of Chief Justice of Islamabad High Court and other officers. Interestingly, the CDA is still waiting for the approval of Prime Minister for this deal. 

It is worth mentioning here that CDA cannot lease out such pieces of land without approval of the Prime Minister. Official documents available with The Nation revealed on Wednesday that CDA issued the offer letter to lease out ten acres of land to Islamabad High Court situated in Diplomatic Enclave while a piece of three acres of land situated at the Constitution Avenue near the Foreign Affairs Ministry.

The documents revealed that CDA may lease out land (worth of billion of rupees) to Islamabad High Court for a period of 33 years extendable for two subsequent terms of 33 years each, subject to the approval of Prime Minister of Pakistan. The land, which is worth billions of rupee, has been leased out against a total premium of Rs 337.59 million only.

Besides the payment of premium, annual ground rent @ Rs 2 over square yard per annum shall be payable in advance in the first week of every year, wWhile the AGR shall be increased @15 rupees per annum after the expiry of every three years.

Although in the offer letter to the registrar Islamabad High Court it is mentioned that the land will be leased subject to the approval of the Prime Minister of Pakistan but CDA is yet to seek this approval.

When contacted, CDA spokesman Asim Khichi said that he was unaware of this matter. Despite repeated contacts Shaista Sohail, Member Estate of CDA, was not available for comment and couldn’t be connected on her cell.