Lahore, In an effort to develop and expand Lahore's central business district, the Lahore Development Authority (LDA) is set to hold a public auction for several key commercial plots and public utility sites in Johar Town, the city's premier business hub. The auction, slated for May 15, 2024, will offer both commercial entities and private investors a chance to acquire valuable real estate in a sought-after area.

According to Zameen.Com, the event will commence at 10:00 AM at the LDA Community Centre in Lahore. The available plots include options for commercial development and public utility purposes, such as educational institutions and vegetable markets, providing a diverse range of investment opportunities. With a starting price of PKR 90 lac per Marla, the auction is expected to attract substantial interest from across the region.

Interested parties are encouraged to utilize the LDA Mobile App to track their application status and make inquiries. Further assistance is available through the LDA Housing Office, where the Assistant Director can provide additional information and support regarding the auction process.

This auction represents a significant opportunity for business expansion in Lahore, aligning with the LDA’s ongoing efforts to enhance the city's infrastructure and economic landscape.