Lahor Property News : LDA Auction

[Salman]

Lahore :AUCTION of a hotel site, measuring 118 Kanals, in the Finance and Trade Centre, MA Johar Town would be held on Monday (today) by LDA.

Base price for auction of this plot has been fixed as Rs 14 million per kanal by LDA. The governing body of LDA has permitted other uses of this hotel site including setting up an inter city bus terminal, a D-class bus stand for indefinite period, super store, shopping centre and provision of other allied facilities. Lahore Development Authority has also decided to relax building bye laws for encouraging construction of high rise buildings in this new business hub in the provincial metropolis.