Source: Graana.com
Lahore: The Lahore Development Authority (LDA) has announced a large-scale public auction of residential and commercial plots, scheduled for May 27 at the Expo Centre, Johar Town. The auction will showcase a diverse portfolio of prime properties from multiple LDA housing schemes, targeting investors, business owners, and prospective homeowners.
A wide range of commercial plots will be up for grabs in key areas such as Johar Town, Jubilee Town, LDA Avenue-I, Allama Iqbal Town, Sabzazar, Model Town, Mustafa Town, Tajpura, and Gujjarpura — all known for their strategic locations and high commercial potential.
Residential plots will also be available in high-demand neighborhoods including Gulberg III, Johar Town, New Garden Town, and Jubilee Town, offering attractive options for those looking to build homes or make long-term investments.
The auction will further feature plots reserved for educational and healthcare facilities in the LDA City project, inviting stakeholders interested in contributing to Lahore’s essential public infrastructure.
In addition to plot sales, the LDA is also auctioning rental rights for various facilities, including schools, hospitals, fuel stations, market shops, tuck shops in LDA schools, and the LDA Sports Complex, providing robust opportunities for long-term commercial ventures.
Prospective bidders are encouraged to pre-register to ensure smooth participation in the auction. This initiative aligns with LDA’s broader vision to drive urban development and generate funds for public infrastructure projects. Local and overseas investors are invited to take advantage of this opportunity to invest in Lahore’s growing property market.
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