/news/auction-for-liberty-park-ride-plaza-to-take-place-tomorrow.html
Auction For Liberty Park & Ride Plaza To Take Place Tomorrow - Zameen News

Auction For Liberty Park & Ride Plaza To Take Place Tomorrow

September 24, 2014 • news

Lahore: The auction for tenancy rights to the rooftop restaurant planned at Liberty Park & Ride Plaza is to be held tomorrow (September 25, 2014) at 10 am at the LDA’s community centre in New Muslim Town, Lahore.

The tenancy rights of this rooftop restaurant located on the 10th floor of Park & Ride Plaza, Liberty Market, Lahore will be auctioned for a period of 10 years. The successful bidder will not pay the site rent for the first 6 months.

The participants are required to deposit PKR 500,000 in advance. The successful bidder has to pay an amount of PKR 4 million within 7 days of the auction. The starting bid is PKR 60/square-foot per month.

The LDA will also auction nine shops in Park n Shop Plaza, Allama Iqbal Town and 21 commercial and residential plots in different housing schemes.

Those looking to participate in the auction have to bring two attested copies of their CNIC with them. Further information can be obtained from the LDA Deputy Director Sales and Allotments.