Lahore: The Lahore Development Authority on Monday (December 20) announced the construction of new chambers for lawyers whose offices were damaged during the construction of Gulab Devi Underpass, news sources reported. The authority has estimated a total cost of PKR 7.2 million for the project.
As per the news, the LDA has decided to construct chambers on alternative land. The project will be completed in a period of two months and in this regard, the LDA Chief Engineer (II) Mazhar Hussain has already asked for tenders from interested parties. In another construction-related news, Punjab Planning and Development (P&D) Board has approved up to a 24% increase in construction-related expenses of all ongoing development projects of the province. In this regard, the government has cited increasing construction material prices as the reason behind the increase in the construction budget.
The new notification has approved a 20% increase in flyovers and underpasses projects as well as a 16% increase in local bodies’ development budget. The government of Punjab has recently hiked the prices of construction material in the province citing similar reasons of dollar to rupee parity and the higher import and energy prices. The price hike is likely to increase the overall construction costs for the housing sector.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
