Lahore: The Lahore Development Authority (LDA) has auctioned off 14 plots in various parts of the city fetching PKR 130 million, news sources reported on March 2.
The plots were sold in a public auction that presented plots located in Sabzazar, Tajpura, Jubilee Town, and Avenue One for auction. The auction included a mix of residential and commercial plots, with some selling at high prices.
Here is a list of the commercial plots that were sold at the auction
Plot No. 504-A (Corner) Block C Sabzazar (Commercial)
The auction was deemed a success by the LDA, as it generated significant revenue for the organization. It is also seen as a positive sign for the real estate market in Lahore, as demand for plots remains high in the city. It is important to note that the government of Punjab has recently asked LDA to fund the majority of its development projects through its own resources, reducing dependency on the provincial government.
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