Lahore: The Civil Aviation Authority (CAA) has allowed the Central Business District (CBD) to construct buildings of up to 750 feet in height, news sources reported on March 29. Permission was given following an advanced aeronautical study conducted by the CAA and the Pakistan Air Force (PAF) to identify potential flight scenarios and obstacles.
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According to a statement released by the Lahore Central Business District Development Authority (LCBDDA) on Monday (March 28), the authorisation marks a historic shift in Lahore’s construction industry. For the first time in Lahore’s history, this would allow the construction of high-rise buildings. According to the statement, the LCBDDA auctioned five plots with a permitted height of 500 feet, but the height has been extended to 750 feet. The bidders will pay for the extra height. In an interview with the media, Chief Executive Officer (CEO) Imran Amin stated that the move would transform the skyline of Lahore by adding more highrises to the country’s second-largest metropolis.
Read: Lahore Downtown bags ‘record’ PKR 35 bn from open auction
Lahore Prime in the CBD comprises 12 commercial plots, five of these were auctioned off in September. In addition, the CBD recently auctioned off properties in Lahore Downtown for the development of highrises, residences, and commercial complexes. By auctioning off seven plots, a historic revenue of PKR 35 billion was generated.
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