LDA to hold an auction for commercial, residential plots next week.
Lahore: The Lahore Development Authority (LDA) is expected to auction commercial and residential plots in different areas of the city next week, a news source reported. As per details, the civic agency will hold the auction for the plots in Jubilee Town, Gujjarpura, Mustafa Town, and Faisal Town on March 3 (Tuesday) at 10 am.
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According to a notification, the LDA will auction plots meant for educational premises in Jubilee Town and Faisal Town. The development authority further stated that it was conducting the auction for providing investors with the opportunity to set up their businesses in ideal locations. It added that marriage hall owners, event management companies, catering firms, oil companies, and petroleum dealers could benefit from this auction.
The plots on auction include:
- Nine marquee sites in Johar Town, Mustafa Town, and Jubilee Town
- Already constructed community centers located in Muslim Town and Garden Town
- Petrol pump site at Civic Centre in Jubilee Town
- Four parking plazas located in Rang Mahal, Liberty Market, Gulberg, and Allama Iqbal Town, respectively
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For more information, individuals can contact the office of Deputy Director Sales and Allotment LDA at 467-D/II, Main Boulevard, Johar Town, Lahore or visit LDA’s official website.
The development authority will conduct the auction event at 239/A, LDA Community Centre, Ayubia Market, and New Muslim Town.