{"id":97399,"date":"2024-06-04T12:06:40","date_gmt":"2024-06-04T07:06:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97399"},"modified":"2024-06-04T12:06:42","modified_gmt":"2024-06-04T07:06:42","slug":"lahore-bund-road-faces-imminent-delays","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lahore-bund-road-faces-imminent-delays.html","title":{"rendered":"Lahore Bund Road faces imminent delays"},"content":{"rendered":"\n<p>Lahore : The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including administrative delays and payment issues to contractors, as reported on June 3.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/maryam-nawaz-launches-853-acre-it-city-project-in-lahore.html\" target=\"_blank\" rel=\"noreferrer noopener\">Maryam Nawaz launches 853-Acre IT City project in Lahore<\/a><\/p>\n\n\n\n<p>As per news details, the Lahore Development Authority (LDA) still needs to green-light the updated cost estimate, which includes acquiring land for service roads, while government funds designated for the project remain stuck at the Accountant General of Punjab\u2019s office, causing delays. The project, launched in the third quarter of 2022, aims to enhance Bund Road&#8217;s poor condition, alleviate traffic congestion, and mitigate pollution.<\/p>\n\n\n\n<p><strong>Read<\/strong>:  <a href=\"https:\/\/www.zameen.com\/news\/road-development-projects-in-lahore.html\" target=\"_blank\" rel=\"noreferrer noopener\">PKR 6bn approved for road development projects in Lahore<\/a><\/p>\n\n\n\n<p>Initially estimated at Rs. 11.3 billion, the project&#8217;s cost increased to Rs. 15 billion due to land acquisition requirements. Although the revised estimate has government support, it awaits final clearance from LDA&#8217;s top management. Despite ongoing efforts, slow progress persists due to insufficient funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore : The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including administrative delays and payment issues to contractors, as reported on June 3. Read: Maryam Nawaz launches 853-Acre IT City project in Lahore As per news details, the Lahore Development Authority (LDA) still needs to green-light the updated cost estimate, which includes acquiring land for service roads, while government funds designated for the project remain stuck at the Accountant General of Punjab\u2019s office, causing delays. The project, launched in the third quarter of 2022, aims to enhance Bund Road&#8217;s poor condition, alleviate traffic congestion, and mitigate pollution. Read: PKR 6bn approved for road development projects in Lahore Initially estimated at Rs. 11.3 billion, the project&#8217;s cost increased to Rs. 15 billion due to land acquisition requirements. Although the revised estimate has government support, it awaits final clearance from LDA&#8217;s top management. Despite ongoing efforts, slow progress persists due to insufficient funds.<\/p>\n","protected":false},"author":89,"featured_media":76191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54331,58387,1397,234,56222,54568],"persona":[],"class_list":{"0":"post-97399","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-bund-road","9":"tag-lahore-bund-road","10":"tag-lahore-news","11":"tag-lda","12":"tag-news-and-updates","13":"tag-zameen-news","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>Lahore Bund Road faces imminent delays - Zameen News<\/title>\n<meta name=\"description\" content=\"The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including payment issues to contractors.\" \/>\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\/lahore-bund-road-faces-imminent-delays.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lahore Bund Road faces imminent delays - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including payment issues to contractors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lahore-bund-road-faces-imminent-delays.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-04T07:06:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-04T07:06:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/News-Cover-Govt-Punjab.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sabahat Abid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sabahat Abid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lahore Bund Road faces imminent delays - Zameen News","description":"The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including payment issues to contractors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/lahore-bund-road-faces-imminent-delays.html","og_locale":"en_US","og_type":"article","og_title":"Lahore Bund Road faces imminent delays - Zameen News","og_description":"The Lahore Bund Road project, valued at Rs. 15 billion has encountered hurdles, including payment issues to contractors.","og_url":"https:\/\/www.zameen.com\/news\/lahore-bund-road-faces-imminent-delays.html","og_site_name":"Pakistan Real Estate News &amp; 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