Islamabad, Sep 10: The Lahore Development Authority (LDA) disclosed that they would be holding a significant public auction for educational and public utility properties.
The event will take place at the Convention Centre, Expo Centre, Johar Town, Lahore, on Wednesday, September 25, 2024, at 10:00 AM.
Highlights of the Auction
Places:
Venus Housing Scheme, Dream Garden Housing Scheme, Quaid-e-Azam Town, and Bahria Town
Site Categories:
Both instructional and utilitarian
Starting Bid Amounts
1 crore sq. ft.
Bid to Start: 50,000 PKR
13 lakh PKR is the security deposit.
Increase in Bid: One lakh PKR
two crore square feet.
Initial Bid: 18.75 lakh rupees
31 lakh PKR is the security deposit.
Increase in Bid: 2 lakh PKR
4 million square feet.
Initial Bid: 15 lakh rupees
40 lakh PKR is the security deposit.
Increase in Bid: 4 lakh PKR Investors have a fantastic opportunity to purchase priceless real estate in Lahore’s expanding real estate market with this auction. All parties involved in the bidding process are guaranteed transparency by the LDA.
