Chairman CDA, Muhammad Ali Randhawa, Acting Chairman Talat Mahmood expressed immense satisfaction over the very successful auction with the outcome, stating that the successful auction is a testament to the unwavering commitment of the CDA team under the vision of Federal Minister for Interior Mohsin Naqvi, supervision and guidance of Chairman CDA Muhammad Ali Randhwa
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ISLAMABAD: (27June, 2025): In line with the visionary directions of Federal Interior Minister Mohsin Naqvi and the leadership of Chairman CDA, Chief Commissioner Islamabad and DG Civil Defense Muhammad Ali Randhawa, and supervision of Talat Mahmood, Acting Chairman CDA, the Directorate of Sports and Culture CDA, has successfully auctioned 5 premium Padel Tennis sites across Islamabad at a substantial monthly revenue of PKR 7.6 million.
The auction process followed the strict adherence to principles of transparency and fair competition, which attracted enhanced interest from the investors and business community. The monthly lease rates achieved for each site are as follows:
1. Sector F-8: PKR 21 Lacs per month
2. Sector G-5: PKR 21 Lacs per month
3. Sector F-9: PKR 14.5 Lacs per month
4. Sector G-11: PKR 11 Lacs per month
5. Sector G-8: PKR 9 Lacs per month
Chairman CDA, Muhammad Ali Randhawa, Acting Chairman Talat Mahmood expressed immense satisfaction over the very successful auction with the outcome, stating that the successful auction is a testament to the unwavering commitment of the CDA team under the vision of Federal Minister for Interior Mohsin Naqvi, supervision and guidance of Chairman CDA Muhammad Ali Randhwa. CDA achieved optimal market value for these prime sports facilities through a process that was completely transparent and competitive, fulfilling our core objective of maximizing public resource utilization for the benefits of the citizens of Islamabad. The significant monthly revenue of PKR 7.6 million will be reinvested into further developing sports infrastructure and recreational facilities across the city.
Acting Chairman CDA said that this initiative aligns perfectly with the broader vision of promoting a healthy, active lifestyle among residents by facilitating private sector investment in high-quality sports amenities like Padel Tennis, which is rapidly gaining popularity in Pakistan.
The successful monetization of these sites underscores the CDA’s commitment to efficient asset management and generating sustainable revenue streams for public welfare projects, while simultaneously expanding the range of modern sporting facilities available to the community.
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