{"id":77225,"date":"2021-06-22T11:33:22","date_gmt":"2021-06-22T06:33:22","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=77225"},"modified":"2021-06-22T11:45:33","modified_gmt":"2021-06-22T06:45:33","slug":"lda-build-along-metro-bus-orange-line-routes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-build-along-metro-bus-orange-line-routes.html","title":{"rendered":"LDA proposes multi-storey buildings along Metro Bus, Orange line routes"},"content":{"rendered":"\n<p>Lahore: The Lahore Development Authority (LDA) informed the government that the vacant lands near the Metro Bus route and Orange Train will be utilised to develop multi-story buildings, news sources reported. The project&#8217;s revenue will be utilised to subsidise public transit.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-amend-private-housing-regulations.html\" target=\"_blank\" rel=\"noreferrer noopener\">LDA to enact amended Private Housing Schemes Regulations<\/a><br>According to the authority&#8217;s plan presented to the P&amp;D Board, after conducting a survey they have identified 1,400 kanals of unused land along the Orange Train track and 800 kanals of government land along the Metro Bus route. The authority also informed the Advisor to the CM Dr Salman Shah about the project, and he directed LDA to undertake added research on the project\u2019s feasibility.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lahore-metro-bus-service-contract-renewed-43pc-lower-rate.html\" target=\"_blank\" rel=\"noreferrer noopener\">Lahore Metro Bus service contract renewed at 43% lower rate<\/a><br>Reportedly, plans are being made to repay a PKR 165 billion loan obtained from China for the Orange Line train, however, the one instalment has reached PKR 15 to 16 billion. The payment of the Orange line train has increased in the current fiscal year due to the provincial government&#8217;s internal and external debt servicing. The Orange Train, on the other hand, has consumed 97% of Punjab&#8217;s transportation development budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) informed the government that the vacant lands near the Metro Bus route and Orange Train will be utilised to develop multi-story buildings, news sources reported. The project&#8217;s revenue will be utilised to subsidise public transit. Read: LDA to enact amended Private Housing Schemes RegulationsAccording to the authority&#8217;s plan presented to the P&amp;D Board, after conducting a survey they have identified 1,400 kanals of unused land along the Orange Train track and 800 kanals of government land along the Metro Bus route. The authority also informed the Advisor to the CM Dr Salman Shah about the project, and he directed LDA to undertake added research on the project\u2019s feasibility. Read: Lahore Metro Bus service contract renewed at 43% lower rateReportedly, plans are being made to repay a PKR 165 billion loan obtained from China for the Orange Line train, however, the one instalment has reached PKR 15 to 16 billion. The payment of the Orange line train has increased in the current fiscal year due to the provincial government&#8217;s internal and external debt servicing. The Orange Train, on the other hand, has consumed 97% of Punjab&#8217;s transportation development budget.<\/p>\n","protected":false},"author":84,"featured_media":69199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[234,46381],"persona":[],"class_list":{"0":"post-77225","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-lda","9":"tag-multi-storey-buildings-along-metro-route","10":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LDA to build along Metro Bus, Orange line routes- Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Lahore Development Authority (LDA) informed the government that the vacant lands near the Metro Bus route and Orange Train will be utilised to\" \/>\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-build-along-metro-bus-orange-line-routes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA to build along Metro Bus, Orange line routes- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Lahore Development Authority (LDA) informed the government that the vacant lands near the Metro Bus route and Orange Train will be utilised to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-build-along-metro-bus-orange-line-routes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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