{"id":97800,"date":"2024-07-04T10:37:16","date_gmt":"2024-07-04T05:37:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97800"},"modified":"2024-07-04T10:37:18","modified_gmt":"2024-07-04T05:37:18","slug":"cbd-punjab-finalizes-rs-6-9-billion-deal","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cbd-punjab-finalizes-rs-6-9-billion-deal.html","title":{"rendered":"CBD Punjab closes fastest ever transfer for Lahore Prime 4 &amp; 5"},"content":{"rendered":"\n<p>Lahore: The Central Business District Punjab (CBD Punjab), has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 &amp; 5, as reported on July 4.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/murree-development-plan-gets-green-light.html\" target=\"_blank\" rel=\"noreferrer noopener\">Murree Development Plan\u2019 approved following briefing by Punjab Minister<\/a><\/p>\n\n\n\n<p>According to the details, taxes for this transfer amounted to over PKR\u00a0 310 million, marking it as the largest plot transfer at auction price in Punjab\u2019s history. The transfer involves a 23-kanal plot owned by the Pakistan Corporate Consortium REIT fund, representing a significant milestone for both CBD Punjab and the Pakistan Corporate Consortium (PCC). This is the first plot that CBD Punjab has transferred to PCC, with the Board of Revenue (BOR) recording its largest transfer fee for the year 2023-2024.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/punjab-pdwp-approves-development-schemes.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab PDWP approves development schemes worth PKR 26 bn<\/a><\/p>\n\n\n\n<p>CBD Punjab demonstrated its dedication to investor convenience by transferring land to investors within 24 hours of full payment. This quick process underscores their commitment to creating an efficient, investor-friendly environment, offering a one-stop service to streamline the process. Recently, CBD Punjab completed the transfer of two combined plots in Lahore Prime CBD Punjab Quaid District to PCC after they paid in full. PCC secured these plots in a competitive auction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Central Business District Punjab (CBD Punjab), has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 &amp; 5, as reported on July 4.\u00a0 Read: Murree Development Plan\u2019 approved following briefing by Punjab Minister According to the details, taxes for this transfer amounted to over PKR\u00a0 310 million, marking it as the largest plot transfer at auction price in Punjab\u2019s history. The transfer involves a 23-kanal plot owned by the Pakistan Corporate Consortium REIT fund, representing a significant milestone for both CBD Punjab and the Pakistan Corporate Consortium (PCC). This is the first plot that CBD Punjab has transferred to PCC, with the Board of Revenue (BOR) recording its largest transfer fee for the year 2023-2024. Read: Punjab PDWP approves development schemes worth PKR 26 bn CBD Punjab demonstrated its dedication to investor convenience by transferring land to investors within 24 hours of full payment. This quick process underscores their commitment to creating an efficient, investor-friendly environment, offering a one-stop service to streamline the process. Recently, CBD Punjab completed the transfer of two combined plots in Lahore Prime CBD Punjab Quaid District to PCC after they paid in full. PCC&hellip;<\/p>\n","protected":false},"author":89,"featured_media":92568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[58678,58680,51737,58681,56663,58677,56222,58679,21462,58676,55421,54568],"persona":[],"class_list":{"0":"post-97800","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-23-kanal-plots","9":"tag-board-of-revnue","10":"tag-cbd","11":"tag-cbd-plot-auction","12":"tag-cbd-punjab","13":"tag-lahore-prime-4-and-5","14":"tag-news-and-updates","15":"tag-pcc","16":"tag-plot-auction","17":"tag-plots-lahore-prime","18":"tag-reit","19":"tag-zameen-news","20":"cat-15016-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 Punjab Finalizes Rs. 6.9 Billion Deal - Zameen News<\/title>\n<meta name=\"description\" content=\"The CBD Punjab, has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 &amp; 5.\" \/>\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-punjab-finalizes-rs-6-9-billion-deal.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBD Punjab Finalizes Rs. 6.9 Billion Deal - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The CBD Punjab, has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 &amp; 5.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cbd-punjab-finalizes-rs-6-9-billion-deal.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=\"2024-07-04T05:37:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-04T05:37:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/02\/CBD_News-Cover.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":"CBD Punjab Finalizes Rs. 6.9 Billion Deal - Zameen News","description":"The CBD Punjab, has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 & 5.","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\/cbd-punjab-finalizes-rs-6-9-billion-deal.html","og_locale":"en_US","og_type":"article","og_title":"CBD Punjab Finalizes Rs. 6.9 Billion Deal - Zameen News","og_description":"The CBD Punjab, has completed its fastest land transfer ever, finalising a deal worth PKR 6.9 billion for plots Lahore Prime 4 & 5.","og_url":"https:\/\/www.zameen.com\/news\/cbd-punjab-finalizes-rs-6-9-billion-deal.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-07-04T05:37:16+00:00","article_modified_time":"2024-07-04T05:37:18+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/02\/CBD_News-Cover.jpg","type":"image\/jpeg"}],"author":"Sabahat Abid","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Sabahat Abid","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/cbd-punjab-finalizes-rs-6-9-billion-deal.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/cbd-punjab-finalizes-rs-6-9-billion-deal.html"},"author":{"name":"Sabahat Abid","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9db33618e4b5dfe90a74f6cd07923d16"},"headline":"CBD Punjab closes fastest ever transfer for Lahore Prime 4 &amp; 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