{"id":77155,"date":"2021-06-19T10:00:00","date_gmt":"2021-06-19T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=77155"},"modified":"2021-06-18T17:16:58","modified_gmt":"2021-06-18T12:16:58","slug":"plan-formalised-walton-airport-land-business","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/plan-formalised-walton-airport-land-business.html","title":{"rendered":"Plan formalised to turn Walton Airport land into a business center"},"content":{"rendered":"\n<p>Lahore: The Central Business District Authority (CBDA) has authorised plans to build a commercial market on the Walton airport property, news sources reported. The authority has devised a plan to begin economic activities in the city worth PKR 60 billion.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/business-district-established-walton-airport-land.html\" target=\"_blank\" rel=\"noreferrer noopener\">Business district to be established on Walton Airport land<\/a><\/p>\n\n\n\n<p>The strategy will be created in collaboration with private developers and builders.<\/p>\n\n\n\n<p>According to the sources, the <a href=\"https:\/\/www.zameen.com\/news\/punjab-to-establish-new-development-authority-in-lahore.html\" data-type=\"post\" data-id=\"73744\" target=\"_blank\" rel=\"noreferrer noopener\">CBDA <\/a>has sanctioned the development plan of 770,000 sq ft of land. Of the proposed land plan:<\/p>\n\n\n\n<p>\u2022 17% would be used for the development of residential buildings,&nbsp;<\/p>\n\n\n\n<p>\u2022 43% of the land will be used for the commercial centres and buildings<\/p>\n\n\n\n<p>\u2022 40% of the land will be used for mixed activities such as lifestyle, business centres and academies&nbsp;<\/p>\n\n\n\n<p>\u2022 180,000 sq.mt. the land will be used for the construction of road networks<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pm-officiates-lahore-central-business-district.html\" target=\"_blank\" rel=\"noreferrer noopener\">PM officiates Lahore Central Business District at Walton Airport site<\/a><\/p>\n\n\n\n<p>On the other hand, the budget for the current and upcoming fiscal years &#8211; worth PKR 2.5 billion -was approved for CBDA. In addition, the Punjab government would offer a loan of PKR 100 million, repayable in two years. The feasibility studies, infrastructure design, and construction supervision would cost a total of PKR 940 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Central Business District Authority (CBDA) has authorised plans to build a commercial market on the Walton airport property, news sources reported. The authority has devised a plan to begin economic activities in the city worth PKR 60 billion. Read: Business district to be established on Walton Airport land The strategy will be created in collaboration with private developers and builders. According to the sources, the CBDA has sanctioned the development plan of 770,000 sq ft of land. Of the proposed land plan: \u2022 17% would be used for the development of residential buildings,&nbsp; \u2022 43% of the land will be used for the commercial centres and buildings \u2022 40% of the land will be used for mixed activities such as lifestyle, business centres and academies&nbsp; \u2022 180,000 sq.mt. the land will be used for the construction of road networks Read: PM officiates Lahore Central Business District at Walton Airport site On the other hand, the budget for the current and upcoming fiscal years &#8211; worth PKR 2.5 billion -was approved for CBDA. In addition, the Punjab government would offer a loan of PKR 100 million, repayable in two years. The feasibility studies, infrastructure design, and construction supervision would&hellip;<\/p>\n","protected":false},"author":84,"featured_media":65110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[45835,45361],"persona":[],"class_list":{"0":"post-77155","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-central-business-district-in-lahore","9":"tag-pm-officiates-lahore-central-business-district-at-walton-airport-site","10":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Plan formalised to turn Walton Airport into business center- Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Central Business District Authority (CBDA) has authorised plans to build a commercial market on the Walton airport property, news sources\" \/>\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\/plan-formalised-walton-airport-land-business.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plan formalised to turn Walton Airport into business center- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Central Business District Authority (CBDA) has authorised plans to build a commercial market on the Walton airport property, news sources\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/plan-formalised-walton-airport-land-business.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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