RUDA Sapphire Bay Files for Sale | Rates Update 1st March 2023

[LRE-Azan]

RUDA Sapphire Bay Files for Sale | Rates Update 1st March 2023

A huge consortium of more than 10 companies, led by a well-known group of companies, has successfully acquired the development rights for Phase 1 of Lahore's first mega river development company - Ravi City Sapphire Bay. Dollar Ravi Riverfront Urban Development Project Dollar.


Ravi Urban Development Authority (RUDA) Sapphire Bay Zone-3 Files Prices Update
Project Price Contact Last Update
RUDA Sapphire Bay Zone-3 (7 Marla) 22 Lacs Adil Saeed
+923224009766 01 March, 2023
RUDA Sapphire Bay Zone-3 (15 Marla) 36 Lacs Adil Saeed
+923224009766 01 March, 2023


“We have completed the award/license bidding process to develop Phase 1 of the project (2,000 Acres/Sapphire Bay). The official announcement of the winning bidder will be on Monday or Tuesday (May 31 or 6 1st of March),” said Imran Ameen, CEO of RUDA.


According to the RUDA boss, more than eight groups/companies have been pre-qualified to submit technical bids for the project. According to him, out of the eight he was four technically qualified and was asked to submit a bid. Three of the four submitted bids, including one owned by the Arif Habib Group of Companies (Javedan Consortium). 


READ MORE: RUDA PROJECT PLOT PRICES | PAYMENT PLAN | LOCATION MAP | DEVELOPMENT UPDATES