{"id":76682,"date":"2021-06-07T14:31:29","date_gmt":"2021-06-07T09:31:29","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=76682"},"modified":"2021-06-07T14:31:33","modified_gmt":"2021-06-07T09:31:33","slug":"ravi-riverfronts-island-project","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ravi-riverfronts-island-project.html","title":{"rendered":"Ravi Riverfront&#8217;s Island Project to be launched in 15 days"},"content":{"rendered":"\n<p>Lahore: Ravi Urban Development Authority (RUDA) Chief Executive Officer (CEO) Imran Amin on Saturday said that the Ravi Riverfront Urban Development Project (RRUDP)&#8217;s Island &#8216;Zone-12&#8217;  &#8211; a sub-phase covering 1,500 acres- will be launched within two weeks, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/phase-2-of-ravi-riverfront-project-to-be-launched-soon.html\" target=\"_blank\" rel=\"noreferrer noopener\">Phase 2 of Ravi Riverfront project to be launched soon<\/a><\/p>\n\n\n\n<p>He stated that Zone-12 will be a mix-use (residential, commercial, etc) development for which the authority has acquired 700 acres of land. The government is planning on building hospitals and educational institutions. The said project is Pakistan\u2019s first PKR 5 trillion riverfront project to be launched in Lahore.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/ravi-city-generate-pkr-1000-bn-economic-activity.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Ravi City Project to Generate PKR 1,000 bn Economic Activity This Year\u2019<\/a><\/p>\n\n\n\n<p>Once the project is launched, the <a href=\"https:\/\/www.zameen.com\/news\/ruda-formalises-bidding-process-of-ravi-riverfront.html\" target=\"_blank\" rel=\"noreferrer noopener\">bidding process<\/a> will start. Also, the authority plans to issue the Letter of Intent (LoI) to the consortium of Sapphire Bay soon. Mr Imran Amin mentioned that the land will be offered on a deferred payment model to attract investors. He also added that the economist, Dr Salman Shah, will be RUDA\u2019s chairman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Ravi Urban Development Authority (RUDA) Chief Executive Officer (CEO) Imran Amin on Saturday said that the Ravi Riverfront Urban Development Project (RRUDP)&#8217;s Island &#8216;Zone-12&#8217; &#8211; a sub-phase covering 1,500 acres- will be launched within two weeks, according to news sources. Read: Phase 2 of Ravi Riverfront project to be launched soon He stated that Zone-12 will be a mix-use (residential, commercial, etc) development for which the authority has acquired 700 acres of land. The government is planning on building hospitals and educational institutions. The said project is Pakistan\u2019s first PKR 5 trillion riverfront project to be launched in Lahore. Read: \u2018Ravi City Project to Generate PKR 1,000 bn Economic Activity This Year\u2019 Once the project is launched, the bidding process will start. Also, the authority plans to issue the Letter of Intent (LoI) to the consortium of Sapphire Bay soon. Mr Imran Amin mentioned that the land will be offered on a deferred payment model to attract investors. He also added that the economist, Dr Salman Shah, will be RUDA\u2019s chairman.<\/p>\n","protected":false},"author":83,"featured_media":67765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[46173,46172,34535,46174],"persona":[],"class_list":{"0":"post-76682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-ravi-riverfront-island-project","10":"tag-ravi-riverfronts-island-project-to-be-launched-in-15-days","11":"tag-ruda","12":"tag-sapphire-bay","13":"cat-15016-id","14":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ravi Riverfront&#039;s Island Project to be launched in 15 days- Zameen News<\/title>\n<meta name=\"description\" content=\"The Ravi Riverfront Urban Development Project\u2019s Island, a sub-phase covering 1,500 acres- will be launched within two weeks.\" \/>\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\/ravi-riverfronts-island-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ravi Riverfront&#039;s Island Project to be launched in 15 days- Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Ravi Riverfront Urban Development Project\u2019s Island, a sub-phase covering 1,500 acres- will be launched within two weeks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ravi-riverfronts-island-project.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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