{"id":54748,"date":"2019-08-29T17:20:44","date_gmt":"2019-08-29T12:20:44","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54748"},"modified":"2019-08-29T17:20:44","modified_gmt":"2019-08-29T12:20:44","slug":"land-identification-ordered-for-setting-up-plazas-apartments-along-olmt-route","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/land-identification-ordered-for-setting-up-plazas-apartments-along-olmt-route.html","title":{"rendered":"Land identification ordered for setting up plazas, apartments along OLMT route"},"content":{"rendered":"<p>Lahore: Punjab Chief Minister (CM) Usman Buzdar on Wednesday issued directives to the secretary local government to identify land for the construction of commercial plazas and apartments along the Orange Line Metro Train (OLMT) project route, a news source reported. The CM also ordered the officials concerned to prepare a comprehensive plan for this purpose.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/olmt-project-gets-new-deadline.html\" target=\"_blank\" rel=\"noopener noreferrer\">OLMT project gets new deadline<\/a><\/p>\n<p>Previously, the officials had sought the chief minister\u2019s approval for establishing commercial plazas and apartment projects along the OLMT route. Through this initiative, the executive hopes to generate additional revenue.<\/p>\n<p>The commercialisation gig is expected to generate PKR 1.4 billion for the government. As per officials, this projected figure is far less as compared to the funds spent on the OLMT project\u2019s civil works, utility service relocations and other expenditures.<\/p>\n<p>Read:\u00a0<a class=\"row-title\" href=\"https:\/\/www.zameen.com\/news\/olmt-should-become-track-ready-by-january-2020-sc.html\" target=\"_blank\" rel=\"noopener noreferrer\">OLMT should be ready by January 2020: SC<\/a><\/p>\n<p>The proposal shared to encourage construction of commercial and residential buildings is primarily meant to make the earning from this project compatible with the amount spent on it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Chief Minister (CM) Usman Buzdar on Wednesday issued directives to the secretary local government to identify land for the construction of commercial plazas and apartments along the Orange Line Metro Train (OLMT) project route, a news source reported. The CM also ordered the officials concerned to prepare a comprehensive plan for this purpose. Read:\u00a0OLMT project gets new deadline Previously, the officials had sought the chief minister\u2019s approval for establishing commercial plazas and apartment projects along the OLMT route. Through this initiative, the executive hopes to generate additional revenue. The commercialisation gig is expected to generate PKR 1.4 billion for the government. As per officials, this projected figure is far less as compared to the funds spent on the OLMT project\u2019s civil works, utility service relocations and other expenditures. Read:\u00a0OLMT should be ready by January 2020: SC The proposal shared to encourage construction of commercial and residential buildings is primarily meant to make the earning from this project compatible with the amount spent on it.<\/p>\n","protected":false},"author":18,"featured_media":35332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12759,12760,12758],"persona":[],"class_list":{"0":"post-54748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-commercial-projects-planned-for-orange-train-project","8":"tag-latest-update-on-orange-line-train","9":"tag-orange-line-train-project-update"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Land identification ordered for setting up plazas, apartments along OLMT route - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Punjab Chief Minister (CM) Usman Buzdar on Wednesday issued directives to the secretary local government to identify land for the construction of\" \/>\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\/land-identification-ordered-for-setting-up-plazas-apartments-along-olmt-route.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Land identification ordered for setting up plazas, apartments along OLMT route - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Punjab Chief Minister (CM) Usman Buzdar on Wednesday issued directives to the secretary local government to identify land for the construction of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/land-identification-ordered-for-setting-up-plazas-apartments-along-olmt-route.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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