sold for PKR 34.88 Billion
CBD Punjab is introducing high-rise signature towers, mixed-use complexes, banks hotels and promising business and entertainment centers that will add new life to the vibrant city of Lahore.
Lahore Downtown is a Government of Punjab backed project via the Punjab Central Business District Development Authority (also known as CBD Punjab). CBD Punjab is contriubuting to the smart and state-of-the-art urbanization of pakistan and has thus amalgamated resources to build a business community like never before seen in the country or the region. Lahore Downtown, as part of Lahore’s first Central Business District on par with those of the world, is coming soon with the vision of state-of-the-art facilities, sustainanble operations and favourable by-laws.
Lahore - Thursday March 10, 2020 CBD Punjab achieved another milestone by auctioning Pakistan’s first planned downtown: Lahore Downtown by organizing a grand auction ceremony in which international and domestic investors participated.
Lahore Downtown initially comprises of 7 mixed used commercial plots ranging between 12 and 14 kanals, providing very favorable by-laws with five years installment plan for the developers. Downtown has already has its own significance due to its ideal location in the heart of Lahore, on CBD Boulevard.
Breaking commercial land auction records
- Highest bid for commercial land in Punjab
- Highest number of bids for commercial land in Punjab
Amongst the winners of the bid were Potohar Builders, Nova Group, Onyx Developers, Kingdom Valley, Grand Arc Builders, ASC Constructors. The grand auction has vigorously contributed to the economic growth of Pakistan billion. The grand auction of Lahore Downtown secured a staggering investment of 34.88 Billion rupees.
Connected from multiple routes.
Water Treatment Plant.
Smart City Components
Waste Management & Recycling.
Botanical Gardens and Forestation
Parks & Playgrounds