LAHORE: The Government of Punjab is working on reviving an erstwhile urban development project to establish a new city centre alongside River Ravi on a modern theme.
The scheme, originally conceived by the previous government in 2013 but was shelved due to the dearth of requisite foreign investment of $7.5 billion, comprises a number of residential and commercial zones, medical city and forest reserve besides a central business district.
The riverfront is projected to be developed on the lines of the one on the banks of River Thames that runs through London.
Keen on the idea to establish a new city, Chief Minister Punjab Sardar Usman Buzdar presided over a meeting to review proposals regarding the same. Director General Lahore Development Authority Sumair Ahmed Saeed briefed him on the proposed project.
“Building new cities is important in the wake of population increase,” said Buzdar.
Also present in the meeting was Housing Minister Mian Mehmood-ur-Rasheed, Chairman Naya Pakistan Housing Authority.
For more news and blogs, visit Graana.com.
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…
Model Town, located in the heart of Gujranwala, is one of the city’s most prestigious…
ISLAMABAD, Pakistan— In a major move to address the longstanding grievances of overseas Pakistanis, the…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
