Lahore: In a significant development for the local commercial real estate market, the Central Business District (CBD) Punjab Quaid District has launched ‘Axis,’ a new 20-kanal retail space designed to cater to businesses aiming for a high-profile presence in Lahore. This initiative, announced via CBD’s official Facebook page on October 25, introduces a flexible five-year payment plan to facilitate potential buyers.

According to Zameen.Com, ‘Axis’ is strategically located in a bustling commercial area, which is expected to enhance brand visibility and customer access due to its high traffic. The retail space offers a Floor Area Ratio (FAR) of 1:6, allowing for extensive business operations and growth.

The pricing is set at 32 crores per kanal, reflecting the ongoing market trend of appreciating value in prime commercial locations. CBD Lahore has structured the payment plan with an initial 20% down payment, followed by the balance spread over five years, aimed at easing the financial burden on investors and supporting their cash flow.

Prospective buyers have until November 2, 2024, to submit their applications. Those interested in this promising opportunity can obtain more information and apply through the official CBD website or by contacting their designated UAN.