The Capital Development Authority (CDA) is finalising a plan for demolition of damaged Margalla Towers and construction of high-rise residential apartments at the site.
Sources in the civic body told ‘The News’ that the CDA Planning Wing had approved the building plan for construction of 13- to 15-storey residential apartments on 2.42-acre plot of four blocks of the Margalla Towers following increase in floor area ratio (FAR).
A CDA official said that they are in the process of prequalifying parties, which would be awarded the contract for demolition of existing structures of the Margalla Towers.
One of the four blocks of Margalla Towers collapsed while another was partially damaged in October 8, 2005, earthquake while all apartments were declared unsafe for living.
The occupants and owners of apartments of collapsed and damaged apartments then moved the Supreme Court of Pakistan demanding compensation from the CDA.
The apex court, a few months back, gave a judgement, according to which, the CDA became owner of the plot after paying Rs1.75 billion as compensation to affected people through registrar of the court.
The CDA, however, would recover nearly Rs100 million from occupant owners of apartments who were paid monthly rent for two years under court orders.
The CDA official said following increase in FAR, the covered area of towers would increase to 16 acres allowing number of at least 13 floors of each of blocks.
The official said that after demolishing remaining structure of the tower, the authority would offer the plot for sale at open auction. “We expect to recover the compensation amount which was paid to owners of apartments,” he said.
Planning Wing and Building Control Section of CDA would approve the final plan given by the private construction firm.
The official, however, rejected fears that there would be any danger to nearby luxury apartments during the demolishing process.
“We will be using latest technology in demolishing the nine-storey damaged blocks in which joints and bases of the buildings are weakened causing vertical collapse of the structure,” he said.
The demolition process would be completed in the next couple of months.
Even after passage of over two years of collapse of Margalla Towers, the government had not been able to get developer of towers extradited from England despite the fact that his red warrants were issued. One of the two collapsed apartments was owned by developer of Margalla Towers and his wife.
Source: The News, 20/4/2008