{"id":97292,"date":"2024-05-24T11:58:14","date_gmt":"2024-05-24T06:58:14","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97292"},"modified":"2024-05-24T11:58:15","modified_gmt":"2024-05-24T06:58:15","slug":"cbd-organises-auction-zameen-closes-deal","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cbd-organises-auction-zameen-closes-deal.html","title":{"rendered":"CBD Punjab 3rd Auction: BSM, Zameen.com win commercial spots"},"content":{"rendered":"\n<p>Lahore: The Central Business District (CBD) in Punjab has successfully concluded its third auction of commercial plots, generating a significant revenue of PKR 6.55 billion, as reported in a news article on May 24. This milestone reinforces CBD Punjab&#8217;s status as a premier business hub in the region, building on the successes of its previous two auctions.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cbd-punjab-signs-16-mous-for-nsit-city.html\" target=\"_blank\" rel=\"noreferrer noopener\">CBD Punjab signs 16 MoUs for Nawaz Sharif IT City<\/a><\/p>\n\n\n\n<p>According to the details, the auction featured three prime mixed-use commercial plots in the prestigious CBD Punjab Business Bay, attracting bidders from all over Pakistan. Notable participants included Zameen.com, BSM Developers, Enrichers Investment Group, Banu Mukhtar, and Grand City. The competitive bidding underscored the strategic importance and investment potential of these plots.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CBD Punjab Business Bay 1:<\/strong> Spanning 8.73 kanals with a Floor Area Ratio (FAR) of 1:16, acquired by BSM Developers for PKR 2.32 billion.<\/li>\n\n\n\n<li><strong>CBD Punjab Business Bay 2:<\/strong> Measuring 8.89 kanals, secured by Zameen.com for PKR 2.15 billion, showcasing Zameen.com&#8217;s commitment to prime commercial real estate.<\/li>\n\n\n\n<li><strong>CBD Punjab Business Bay 3:<\/strong> Measuring 6 kanals, sold to BSM Developers for PKR 2.08 billion.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Central Business District (CBD) in Punjab has successfully concluded its third auction of commercial plots, generating a significant revenue of PKR 6.55 billion, as reported in a news article on May 24. This milestone reinforces CBD Punjab&#8217;s status as a premier business hub in the region, building on the successes of its previous two auctions. Read: CBD Punjab signs 16 MoUs for Nawaz Sharif IT City According to the details, the auction featured three prime mixed-use commercial plots in the prestigious CBD Punjab Business Bay, attracting bidders from all over Pakistan. Notable participants included Zameen.com, BSM Developers, Enrichers Investment Group, Banu Mukhtar, and Grand City. The competitive bidding underscored the strategic importance and investment potential of these plots.<\/p>\n","protected":false},"author":88,"featured_media":97293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[58323,56664,49998],"persona":[],"class_list":{"0":"post-97292","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-cbd-auction","9":"tag-cbd-news-and-updates","10":"tag-central-business-district-cbd","11":"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>CBD Organises Auction, Zameen.com Closes Deal - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore&#039;s CBD Punjab has concluded its third commercial plot auction, raising PKR 6.55 billion, in which Zameen.com closes a commercial spot.\" \/>\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\/cbd-organises-auction-zameen-closes-deal.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBD Organises Auction, Zameen.com Closes Deal - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore&#039;s CBD Punjab has concluded its third commercial plot auction, raising PKR 6.55 billion, in which Zameen.com closes a commercial spot.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cbd-organises-auction-zameen-closes-deal.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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