Table of Contents

LCBDDA to Auction Five Commercial Plots in Gulberg

According to a recent advertisement in a national media, the Lahore Central Business District Development Authority (LCBDDA) has planned a public auction of five commercial plots located on Gulberg’s Main Boulevard and Ferozepur Road on September 7.

Read: How to Find Properties Online in 2023?

The aforementioned parcels are intended for the development of high-rise signature towers, mixed-use complexes, financial towers, hotels, and business centres. The government has put up for sale five parcels with varied sizes and prices, labeled Prime 01 (18 Kanal), Prime 02 (11 Kanal), Prime 03 (10 Kanal), Prime 04 (13 Kanal), and Prime 05 (10 Kanal).

According to the advertisement, the project will be the first of its sort inside the jurisdiction of the Central Business District (CBD) in the heart of the city. A list of the project’s most important characteristics includes

  • 5% discount on plots paid in full within 45 days following the auction.
  • Optional 25% bid deposit with submission of earnest money within 45 days of the auction.
  • 75% of the balance is due within one year in three quarterly installments.
  • The greatest Floor Area Ratio lots (FAR)
  • Single-window operation to facilitate bidders throughout the whole bidding procedure.
  • The land is allocated on the basis of “Title Ownership.”
  • First LEED-certified project in the country
  • Favorable regulations for high-rise development
  • Pakistan will host the OIC trade festival in 2022.

Read: GFS 7 Wonders City Updates 2023

Please contact Al Sadat Marketing for further assistance.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *