LAHORE: The Lahore Central Business Development Authority (LCBDA) auctioned seven commercial plots, titled ‘Downtown Lahore’, worth Rs34.89 billion.
The size of plots auctioned ranged from 12 and 14 Kanals. The event organised was attended by international and domestic investors.
The auction jury comprised CEO LCBDA Iman Amin, Brigadier (R) Mansoor Janjua, Secretary Colonies Jamil Ahmed. Sumair Abid and Kamran Ali Rehman.
While addressing the occasion, CEO LCBDA Imran Amin informed that developers were offered a five-year instalment plan.
The event aimed to promote urbanisation in the provincial capital. This activity will ensure economic growth and employment generation in the area.
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