Islamabad: Due to the personal efforts of the Minister for Privatisation Fawad Hassan Fawad, Privatization Commission handed over the mutation deed of the FBR land situated at Faisalabad to Successful Buyer.
According to PC, Caretaker Federal Minister on Friday met Sohail Ilahi, CEO Kiran Builders & Developers (Pvt) Ltd and handed over the mutation deed of the FBR land situated at Faisalabad.
The land measuring 15 Kanals land situated at Faisalabad was auctioned by Privatisation Commission in Sept 2020 on behalf of the Federal Board of Revenue (Custom Department), while the full payment was made in Feb 2021.
The transaction faced legal issues from the Government of Punjab and land could not be transferred to the successful buyer. Privatisation Commission made persistent efforts to resolve the bottlenecks and obtain necessary NoCs from the Board of Revenue Punjab.
The buyer expressed his gratitude to the Privatisation Commission, particularly to the Federal Minister and the Secretary, for their personal efforts. He further said that such proactive measures by the PC enhances the confidence.
