Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Construction of Iqbal Town parking plaza complete
11-25-2013, 01:28 PM
Post: #1
Construction of Iqbal Town parking plaza complete
LAHORE: The Lahore Development Authority (LDA) has completed construction of an eight-storey commercial and parking plaza in Moon Market Allama Iqbal Town at a cost of Rs 800 million. The structure would be operational in first quarter of the next year.

The project, aimed at meeting parking needs of the area, was started in February 2012 on the directive of Punjab Chief Minister Shahbaz Sharif.

The LDA had awarded contract for the project to a private contractor in 2012, spending an amount of Rs 550 million last year and earmarking Rs 250 million in budget of the current fiscal year 2013-14.

The commercial and parking plaza would have eight floors. The first and second floors will consist of 67 shops for business activities.

The LDA will sell the shops to the general public through an open auction while the management of parking will be given to a private contractor.

The estimated car parking capacity of the plaza will be more than 400 vehicles at a time.

The plaza will ease parking problems on roads and also be a major source of income for the LDA.

According to an LDA spokesman, the construction of plaza had been completed, adding that only final touches, including electric work, were underway
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
  Lahore: There will be 30 Agreements with Companies at the Dubai Expo, Aslam Iqbal Sai LRE-Azan 0 51 11-22-2021 08:04 PM
Last Post: LRE-Azan
  Tax Reforms 2018 Complete Details - Real Estate market LRE-Azan 0 2,649 09-05-2018 01:52 PM
Last Post: LRE-Azan
  Pakistan Raised their Economic Development Ahsan Iqbal LRE-Azan 0 3,357 11-06-2017 01:43 PM
Last Post: LRE-Azan
  Land acquisition for motorway complete, says DCO Salman 0 4,457 04-21-2015 02:42 PM
Last Post: Salman
  CDA won’t tolerate Royal Apartment Plaza encroachments Salman 0 3,601 04-14-2015 03:09 PM
Last Post: Salman
  Ashiana Iqbal Housing Scheme – Acting CEO of PLDC removed over negligence Salman 0 5,630 03-27-2014 07:53 PM
Last Post: Salman
  CDA to complete Kashmir Highway project by May 31 Salman 0 3,333 02-25-2014 01:22 PM
Last Post: Salman
  Iqbal Town parking plaza ready for businessss Salman 0 5,068 12-16-2013 11:37 AM
Last Post: Salman
  CDA suffers setbacks in parking plazas project Salman 0 4,972 12-04-2013 01:36 PM
Last Post: Salman
  Construction Of Mehran Hotel Flyover – Arrangements Complete Salman 0 5,701 12-02-2013 01:47 PM
Last Post: Salman
  Sindh : 293 development schemes to complete by Dec 31 Salman 0 5,473 11-25-2013 01:34 PM
Last Post: Salman
  General Survey Of Property Tax Could Not Complete In A Week Salman 0 10,029 11-04-2013 04:45 PM
Last Post: Salman
  ‘Illegal’ parking sealed: CDA comes down hard on Centaurus Salman 0 11,539 10-31-2013 02:34 PM
Last Post: Salman
  Lowari Tunnel – Construction Work Expected To Complete In Three Years Salman 0 4,874 10-23-2013 12:23 PM
Last Post: Salman
  LDA Demolished An Approved Plaza Salman 0 7,224 09-17-2013 02:58 PM
Last Post: Salman
  5-year plan being prepared for sustainable development: Ahsan Iqbal - See more at: ht Salman 0 5,632 09-13-2013 01:21 PM
Last Post: Salman
  CDA to auction all parking sites in capital Salman 0 4,213 09-13-2013 01:18 PM
Last Post: Salman
  Preparation Of Crackdown On Land Mafia, Complete Salman 0 5,223 07-25-2013 12:36 PM
Last Post: Salman
  CDA needs Rs3.6 billion to complete remaining part Salman 0 3,829 07-02-2013 12:43 PM
Last Post: Salman
  Marrir railway crossing project to complete by Aug Salman 0 4,549 06-22-2013 12:14 PM
Last Post: Salman

Forum Jump:


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