Lahore Central Business District Development Authority (LCBDDA) has launched “Lahore Prime” which is located at Kalma Chowk, Ferozpur Road, and Main Boulevard Gulberg. Lahore Prime is all about business opportunities and investment. This is a mega-investment business opportunity that should be neglected by those who are seeking potential investment opportunities in the region.
From the past few years, there came a lot of skyscrapers in Lahore developed for commercial purposes or solely for residential purposes. The Government is also appreciating the investors in this regard as the Govt wants the resources to be used in unproductive land and to create job opportunities in the region.
The vertical development of Lahore will accommodate businesses, hospitals, entertainment, and technology. The Modern Downtown project in Lahore will be developed by auctioning the seven premium mixed-use commercial land sites. These are present in the area adjacent to the main boulevard Gulberg. There will be an open auction where the investors will bid and the winner will have to pay the installments spanning over 5 years.
According to an LCBDDA official “Lahore Downtown will be a sign of Class and integrity for all by revolutionizing new opportunities in the field of real estate. Apart from domestic and foreign investment, the project will also create new jobs and business opportunities in Punjab”.
Registration for Biding
All you have to do is fill a simple form where you will be required to mention your company name, type of business, contact details, etc. Besides that information, you will also have to select the area where you want to bid against. The online portal is available at LAHORE BUSINESS DISTRICT DEVELOPMENT AUTHORITY.
Master Plan of Central Business District Lahore
It was an initiative of PM Imran Khan back in 2021 as Pakistan’s first smart and ecological development. It truly highlights the importance of developing sustainable infrastructure.
Lahore downtown is part of the central business district masterplan where the following facilities will be provided
· Blue roads
· Underground traffic system
· Smart trees
· Different facilities for pedestrians
· Internet of Things
This is the right time to get yourself registered for the auction and invest in this lifetime opportunity.