| Lahore: The Lahore Development Authority (LDA) is set to conduct a major public auction for educational and public utility sites, as revealed in their official Facebook post on September 10.
Read: CM praises LDA for digital map approval, signals expansion of ‘Dastak’ project
The event is scheduled for Wednesday, September 25, 2024, at 10 AM, and will be held at the Convention Centre, Expo Centre, Johar Town, Lahore.
Auction Highlights
Locations
Bahria Town, Dream Garden Housing Scheme, Quaid-e-Azam Town, Venus Housing Scheme
Site Types
Educational and public utility
Initial Bidding Prices
1 crore sq. ft.
Starting Bid: 50,000 PKR
Security Deposit: 13 lakh PKR
Bid Increment: 1 lakh PKR
2 crore sq. ft.
Starting Bid: 18.75 lakh PKR
Security Deposit: 31 lakh PKR
Bid Increment: 2 lakh PKR
4 crore sq. ft.
Starting Bid: 15 lakh PKR
Security Deposit: 40 lakh PKR
Bid Increment: 4 lakh PKR This auction presents an exceptional opportunity for investors to acquire valuable real estate in Lahore’s growing market. The LDA ensures a transparent bidding process for all participants. |
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