Nawaz’ 88 Kanal Land Auctioned in Sheikhupura
Lahore: Following the court orders, the Sheikhupura revenue administration auctioned the former prime minister Nawaz Sharif’s 88.4 kanal (11 acres, 4 marlas) land situated in Feroze Wattwan town reportedly for Rs 10.1m per acre – Rs 3.1m over of the base/reserved price of Rs 7m per acre.
Read More: AJK PM Inaugurates Mini Dam Worth Rs 862 Million
One Muhammad Boota offered the highest bid of Rs10.1m per acre of the land in the open auction held at the Municipal Committee/Corporation Office at Sheikhupura district headquarters.
During the auction, about six claimants appeared and claimed the ownership of the land.
Before commencement of the auction, the revenue administration had displayed banners in and outside the hall inscribed with the information about the auction, nature and measurement of land and court order.
Read More: FDI Can Spur Construction Sector
Before start of the auction, an official, through a loudspeaker, explained details for the participants.
A five-member committee, headed by the Sheikhupura additional deputy commissioner (revenue), urged the claimants to approach the court about their claims instead of obstructing the auction.
They also told the successful bidder about the next procedure (regarding transfer of the land, receipt of bid money etc.) to be completed by the court that ordered for auctioning the former premier’s property.
Read More: FDI Can Spur Construction Sector
Please check out the Al Sadat Marketing website to find out what’s going on.
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad 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
