Lahore: The Lahore Development Authority (LDA) has announced its decision to hold multiple auction events at various locations, including the Finance & Trade Centre (located within the immediate vicinity of Expo Centre), in the city – according to the civic agency’s official Facebook page.
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The public auction for commercial plots will take place on February 23 (Tuesday) at 9 AM at LDA Sports Complex in Johar Town. As per the announcement, the location is perfect for 5-star hotels, shopping malls, apartments, banks, food court, restaurants, health club/gyms, community centres and other profitable ventures.
The civic agency has announced to hold auctions events for 12 commercial plots in Finance & Trade Centre. Another 27 plots situated in Iqbal Town, Sabzazar, Faisal Town, and Johar Town will be presented for auction.
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LDA will also auction the lease rights for community centre, marquee, petrol pump and other commercial plots located in Johar Town, New Muslim Town, New Garden Town, and LDA-Avenue-1.