Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
LDA Trade Centre’s auction today
09-18-2012, 03:15 PM
Post: #1
LDA Trade Centre’s auction today
LAHORE – The governing body of the Lahore Development Authority (LDA) has permitted other uses of the hotel site in the Finance and Trade Centre for setting up of an inter-city bus terminal, superstore, shopping centre and provision of other allied facilities.

The LDA has also decided to relax building bye laws for encouraging construction of high-rise buildings in this new hub of business in the provincial capital. Comparing to other areas of the City, the maximum height of buildings to be constructed in the Trade Centre has been increased. Ground floor coverage has also been enlarged and a building could now be constructed by covering 60 per cent area of a plot.

In this regard open auction of the hotel site, measuring 118 kanals, in the Trade Centre will be held today (Monday) at 10:00am at the LDA Community Centre, Ayubia Market, New Muslim Town, Lahore. Base price for auction of this plot has been fixed as Rs 14 million per kanal by the LDA.

The Trade Centre is being established by the LDA on 1,123 kanals, situated near Expo Centre, in Johar Town. The LDA has allocated a sum of Rs550 million for construction and improvement of infrastructure of the area.

Of this land, a superstore would be built on 90 kanals, a hotel on 118 kanals, a bank square on 69 kanals, a health club on 27 kanals, a hospital on 25 kanals, a mosque on 5 kanals, recreational area on 75 kanals, and parking and mini golf club on 32 kanals.

About 40 kanals have been reserved for multi-storey apartments, 8 kanals for the service area and 388 kanals for roads. The commercial area of the Centre would be on 111 kanals and a corporate office and the LDA tower on 101 kanals.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Inauguration of Punjab’s Premier e-Registration Model Centre for Public Access LRE-Azan 0 148 01-09-2024 03:46 PM
Last Post: LRE-Azan
  Enforcement Action Taken: LDA Shuts Down Siddiq Trade Centre Office LRE-Azan 0 366 08-19-2023 02:10 PM
Last Post: LRE-Azan
  CDA earns Rs1.88b on second day of auction Salman 0 5,170 11-22-2013 05:21 PM
Last Post: Salman
  Modern burn centre to be functional in 2 months Salman 0 6,206 10-28-2013 03:22 PM
Last Post: Salman
  $15bn trade target set for 2015 is achievable’ Salman 0 4,291 04-16-2013 12:55 PM
Last Post: Salman
  CDA set to auction plots Salman 0 4,151 03-25-2013 06:25 PM
Last Post: Salman
  CDA set to auction 62 plots Salman 0 3,849 03-14-2013 05:41 PM
Last Post: Salman
  Benazir Bhutto Road Becomes Centre Of Problems Salman 0 4,769 02-09-2013 12:50 PM
Last Post: Salman
  CDA proposes City Centre for Islamabad Salman 0 4,554 09-27-2012 02:37 PM
Last Post: Salman
  Pakistan for trade expansion with China Salman 0 4,205 04-11-2012 12:44 PM
Last Post: Salman
  DHA residents get a new Medical Centre Salman 0 3,645 04-09-2012 12:12 PM
Last Post: Salman
  PM for increased trade among Asian countries Salman 0 3,813 04-04-2012 01:26 PM
Last Post: Salman
  Pak-India trade moot to take place on 4th Salman 0 3,623 04-02-2012 12:48 PM
Last Post: Salman
  Pakistan to explore new trade opportunities with New Zealand Salman 0 3,813 03-17-2012 02:20 PM
Last Post: Salman
  LDA to auction plots Salman 0 3,444 02-23-2012 06:20 PM
Last Post: Salman
  UAE investment and trade with Pakistan stands out Salman 0 3,910 02-13-2012 11:53 AM
Last Post: Salman
  ‘Pak trade to get boost even if it captures 1% of India’s market Salman 0 4,118 02-06-2012 01:25 PM
Last Post: Salman
  Auction of LDA plots, Salman 0 2,868 01-30-2012 01:37 PM
Last Post: Salman
  Asia becomes new world economic centre Salman 0 3,877 01-09-2012 11:34 AM
Last Post: Salman
  EU urges Pakistan to enhance trade with ECO countries Salman 0 4,276 12-27-2011 02:03 PM
Last Post: Salman

Forum Jump:


User(s) browsing this thread: 1 Guest(s)