Lahore: The project plan for construction of a parking plaza exclusively for motorbikes at the junction of Mall Road and Hall Road has been approved, according to a news report. The plaza will be built on a 3.12-kanal plot of land and will house 4,000 motorbikes.
Metropolitan Corporation Lahore (MCL) has also been given the approval to spend PKR 300 million for acquiring land for the project, which belongs to the Liquidation Board. Out of this amount, PKR 255 million will be given to the board against land. In the annual MCL budget, PKR 600 million have been reserved for this parking plaza.
The project is planned to be completed in four months.
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Samra Zulfiqar
Samra Zulfiqar is a Real Estate Analyst at Zameen Media (Pvt) Ltd. You can also find and follow her on Google+.