{"id":10854,"date":"2014-12-04T17:07:58","date_gmt":"2014-12-04T12:07:58","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=10854"},"modified":"2017-12-11T12:31:39","modified_gmt":"2017-12-11T07:31:39","slug":"lda-auctions-various-plots-for-rs-699-million","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-auctions-various-plots-for-rs-699-million.html","title":{"rendered":"LDA auctions various plots for Rs 699 million"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2014\/12\/lda.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10855 aligncenter\" src=\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2014\/12\/lda.png\" alt=\"lda\" width=\"600\" height=\"350\" srcset=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/12\/lda.png 600w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/12\/lda-300x175.png 300w, https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2014\/12\/lda-537x313.png 537w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/strong>On December 3, 2014, the Lahore Development Authority (LDA) auctioned several residential and commercial plots in various areas of the city, generating a sum of Rs 699 million. The auction was held at the LDA Community Centre in New Muslim Town, Lahore and was supervised by LDA Auction Committee members Chief Town Planner Ch Muhammad Akram, Finance Director Zaheer Asghar, and Assistant Management Director Akbar Nakai.<\/p>\n<p>The auction received a massive response from bidders, who helped LDA sell these commercial and residential plots at very impressive rates. The commercial plots in Finance and Trade Centre, Johar Town fetched the highest bids, totalling Rs 2.503 million per marla at a starting bid of Rs 1.3 million per marla. The Finance and Trade Centre, Johar Town is Pakistan\u2019s first planned business hub and the three commercial plots there were auctioned for a total of Rs 649 million.<\/p>\n<p>The public interest in Finance and Trade Centre property should tell you the importance this project holds in Lahore. The most expensive of these three plots was the corner plot (10-G), auctioned for Rs 253 million. We will collect more information about the Finance and Trade Centre and update you about the project\u2019s details and current status soon as well.<\/p>\n<p>In addition to these three plots, 13 other properties were also auctioned, fetching LDA a sum of Rs 56.29 million. Out of these 13 plots, eight were commercial and five were residential plots, all located in Sabzazar, Lahore. The highest bid offered for a commercial plot was for a Block A plot (No. 390-C\/10), which was auctioned for Rs 2 million at a starting bid of Rs 1.2 million.<\/p>\n<p>For the residential plots, the highest bid was received for a Sabzazar D Block plot (No. 519) \u2013 Rs 0.605 million per marla against the starting bid of Rs. 0.45 million per marla.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 3, 2014, the Lahore Development Authority (LDA) auctioned several residential and commercial plots in various areas of the city, generating a sum of Rs 699 million. The auction was held at the LDA Community Centre in New Muslim Town, Lahore and was supervised by LDA Auction Committee members Chief Town Planner Ch Muhammad Akram, Finance Director Zaheer Asghar, and Assistant Management Director Akbar Nakai. The auction received a massive response from bidders, who helped LDA sell these commercial and residential plots at very impressive rates. The commercial plots in Finance and Trade Centre, Johar Town fetched the highest bids, totalling Rs 2.503 million per marla at a starting bid of Rs 1.3 million per marla. The Finance and Trade Centre, Johar Town is Pakistan\u2019s first planned business hub and the three commercial plots there were auctioned for a total of Rs 649 million. The public interest in Finance and Trade Centre property should tell you the importance this project holds in Lahore. The most expensive of these three plots was the corner plot (10-G), auctioned for Rs 253 million. We will collect more information about the Finance and Trade Centre and update you about the project\u2019s details and&hellip;<\/p>\n","protected":false},"author":18,"featured_media":10855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[786,788,787,785,789],"persona":[],"class_list":{"0":"post-10854","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-auctioned-plots","8":"tag-commercial-plots-lahroe","9":"tag-finance-and-trade-centre-lahroe","10":"tag-lda-auction","11":"tag-residential-plots-lahore"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LDA auctions various plots for Rs 699 million - Zameen News<\/title>\n<meta name=\"description\" content=\"On December 3, 2014, the Lahore Development Authority (LDA) auctioned several residential and commercial plots in various areas of the city, generating a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/lda-auctions-various-plots-for-rs-699-million.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA auctions various plots for Rs 699 million - Zameen News\" \/>\n<meta property=\"og:description\" content=\"On December 3, 2014, the Lahore Development Authority (LDA) auctioned several residential and commercial plots in various areas of the city, generating a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-auctions-various-plots-for-rs-699-million.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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