Washington, D.C
Indian realtor bids for Pakistani diplomatic property in Washington DC | India News – Times of India
NEW DELHI: An Indian realtor has bid $5 million (Rs 41.42 crore) for a Pakistani diplomatic property situated in Washington DC. The constructing as soon as housed the defence part of Pakistan’s embassy within the US capital, mentioned a report in The Daybreak.
The very best bid of virtually $6.8 million (Rs 56.33 crore) is a Jewish group that plans to construct a synagogue within the constructing. “The third bidder with about $4 million ( ₹33.13 core) is a Pakistani realtor,” mentioned the report, citing Pakistani diplomatic supply.
The constructing, situated on R Road NW, is one in every of three properties owned by the Pakistani embassy in Washington DC. After images of the current and previous Pakistani embassy flooded social media with studies claiming they have been up on the market as properly, officers clarified that this was not true.
The present embassy is in a brand new constructing constructed within the early 2000s, the previous one was on Massachusetts Avenue.
The Pakistan embassy moved to the brand new constructing within the early 2000s. Islamabad, nevertheless, saved the previous constructing and has reportedly spent round $7 million on its renovation. The R Road constructing, nevertheless, is reportedly in a dilapidated situation. Close by residents have even complained about it being a safety hazard.
The constructing was purchased by then-Pakistani ambassador Syed Amjad Ali between 1953 and 1956.
Pakistan can be contemplating leasing out the location of the New York Roosevelt Resort, which it owns. The federal government is considering of forming a cooperative enterprise for potential mixed-use improvement.
(With inputs from businesses)
The very best bid of virtually $6.8 million (Rs 56.33 crore) is a Jewish group that plans to construct a synagogue within the constructing. “The third bidder with about $4 million ( ₹33.13 core) is a Pakistani realtor,” mentioned the report, citing Pakistani diplomatic supply.
The constructing, situated on R Road NW, is one in every of three properties owned by the Pakistani embassy in Washington DC. After images of the current and previous Pakistani embassy flooded social media with studies claiming they have been up on the market as properly, officers clarified that this was not true.
The present embassy is in a brand new constructing constructed within the early 2000s, the previous one was on Massachusetts Avenue.
The Pakistan embassy moved to the brand new constructing within the early 2000s. Islamabad, nevertheless, saved the previous constructing and has reportedly spent round $7 million on its renovation. The R Road constructing, nevertheless, is reportedly in a dilapidated situation. Close by residents have even complained about it being a safety hazard.
The constructing was purchased by then-Pakistani ambassador Syed Amjad Ali between 1953 and 1956.
Pakistan can be contemplating leasing out the location of the New York Roosevelt Resort, which it owns. The federal government is considering of forming a cooperative enterprise for potential mixed-use improvement.
(With inputs from businesses)