11/09/2026
🚨 **ISLAMABAD REAL ESTATE — FACT CHECK**
# # # CDA–DHA & FGEHA–DHA PROJECT RUMOURS
There is a lot of discussion in the market regarding **D-13, E-13, F-13** and **Sky Gardens**.
Here is the position based on available reports:
🔹 **D-13 | E-13 | F-13**
CDA has reported a proposed collaboration with DHA for development of these sectors, with the **formal agreement still pending**. DHA has also reportedly clarified that no joint development has been formally approved or announced.
➡️ **Not yet a confirmed/implemented DHA project.**
🔹 **SKY GARDENS | FGEHA**
Sky Gardens continues to be identified as an **FGEHA project**. Reports indicate that a government request has been made for DHA to join FGEHA as a JV partner.
➡️ **DHA takeover is NOT confirmed.**
# # # ⚠️ THE IMPORTANT DIFFERENCE
**Announcement / Proposal ≠ Final Agreement ≠ Takeover**
At IBSAM Associates, we believe investors deserve **facts — not market rumours.**
**VERIFY BEFORE YOU INVEST.**
**TEAM IBSAM**
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**Sources:** Zameen News | CDA | FGEHA | Recent government/project reporting
The distinction is important: the available reporting supports **a proposed CDA–DHA collaboration**, not an already implemented DHA project, while Sky Gardens remains under FGEHA and DHA participation has only been reported as a proposal/request.