Lahore Central Business District Development Authority organized successful Pre-Bid Interactive Sessions before the Grand Auction

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Lahore Central Business District Development Authority

Lahore Central Business District Development Authority (LCBDDA) also known as Central Business District Punjab (CBD Punjab) organized successful Pre-Bid Interactive Sessions across Islamabad, Karachi and Lahore. LCBDDA is now contributing to the urbanization of Pakistan and thus have amalgamated their resources to build a first ever business infrastructure in the country.

These interactive sessions were attended by the notable developers, investors, realtors & other relevant stakeholders from three metropolitans. The event was hosted by the Commercial Team of CBD Punjab to share details of the upcoming auction of “Lahore Prime” where 5 commercial plots are scheduled for an open auction on the 7th of September, 2021 in Lahore. The location of these plots is adjacent to the Main Boulevard Gulberg, Kalma Chowk and Ferozepur Road.

LCBDDA was constituted through an Act of Parliament and is completely backed by the Government of Punjab. This mega high-rise development project has the most favorable bylaws along with very promising Floor Area Ratio (FAR) of the construction sites for the builders. 

Also Read: PFMA with cooperation of UNIDO and PSIC launched Pakistan

Mohammad Omer, Executive Director Commercial mentioned in this regard; “CBD Punjab is an optimistic contributor to the nation exchequer, by offering bespoke real-estate to the potential investor/bidders, local & international both. This mega project will certainly put Pakistan on the list of Global Business Districts.”

Bidders from national and international leading investment groups and developers are showing huge interest for these commercial plots. Lahore Central Business District Development Authority (LCBDDA) is aiming to play a vital role in increasing the economic growth of Pakistan by attracting the people seeking employment opportunities & conducive environment for their business. Through the vision of smart city concepts, LCBDDA has come up with amazing initiatives which are planned for the benefit of residents spread across the CBD Punjab & its surrounding. It has also initiated the fast track one window facility to address all the queries of clients. They will assist their clients on the common problems of depositing the dues, taking over possession, getting building plans approved etc.

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