Lahore: The Lahore Development Authority (LDA) has announced a major public auction of residential and commercial plots to be held on May 27 at the Expo Centre in Johar Town. The auction will feature a wide range of prime plots from various LDA housing schemes, catering to both investors and homebuyers.
The auction will include commercial plots located in key areas of Lahore, such as Johar Town, Jubilee Town, LDA Avenue-I, Allama Iqbal Town, Sabzazar, Model Town, Mustafa Town, Tajpura, and Gujjarpura. These plots are situated in high-demand locations, making them a lucrative investment opportunity for business owners and developers.
In addition to commercial plots, the LDA will also offer residential plots in sought-after localities, including Gulberg III, Johar Town, New Garden Town, and Jubilee Town. These areas are well-known for their strategic location and are expected to attract significant interest from potential homeowners and investors.
The auction will also feature plots designated for health and education purposes within the LDA City project. This provides an additional opportunity for those interested in contributing to the development of essential infrastructure in the city.
Furthermore, the LDA will offer rental rights for several facilities, including educational institutions, hospitals, fuel stations, market spaces, the LDA Sports Complex, and tuck shops at LDA-run schools. These rental rights are expected to appeal to those looking for long-term business opportunities in Lahore.
The public auction will take place at the Expo Centre in Johar Town, and interested parties can participate in the bidding process on May 27. The LDA has urged potential buyers to register in advance to ensure a smooth and organized auction process.
This auction is part of the LDA’s ongoing efforts to promote urban development and generate revenue for the city’s infrastructure projects. The LDA encourages both local and international investors to take advantage of the opportunities presented by this event.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
