Lahore: Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), will make a major splash in the real estate landscape of the region with the auction of six separate plots comprising three compounds. Planned May 9, 2024 for commercial and three residential uses.
As a premium development entity of Punjab, the CBD is at the forefront of changing the urban landscape of Punjab and this auction marks an important milestone in the evolution of Punjab’s economy. The auction event will highlight the huge potential for investment and development in the Punjab CBD area.
With this auction, CBD Punjab introduces its latest ventures: CBD Business Bay and CBD Residencia. This venture demonstrates CBD Punjab’s commitment to innovation and leadership in urban development, offering prime real estate opportunities for both commercial and residential purposes.
CBD Business Bay offers great opportunities for businesses to thrive in a dynamic environment. With its mixed commercial space, CBD Business Bay caters to the needs of various businesses looking for a strategic location for their business. From 8.73 kanal to 8.89 kanal, FAR 1:16 and a height of 415 feet, the shopping area will provide ample space for growth and expansion.
Meanwhile, CBD Residencia offers an unparalleled lifestyle experience, with residences designed to accommodate modern lifestyles. 6.35 kanal to 7.11 kanal, distance 1:14 and height 380 feet, this plot will offer residents a lively and well-off community.
To facilitate investment and development, CBD Punjab has created an easy five-year plan and a seamless one-stop shop solution for prospective buyers and investors. This initiative demonstrates the commitment of the Punjab CBD to promote growth and prosperity in the region by ensuring access and accessibility for all stakeholders.
Commenting on the upcoming auction, CEO of CBD Punjab Imran Amin said: “CBD Punjab is poised to play a key role in the economic development of Punjab by providing lucrative opportunities for real estate developers and the business community. This auction will show the huge investment potential in CBD Punjab a catalyst give
The auction event promises to attract a variety of investors, developers and stakeholders who want to tap into the growing opportunities in Punjab’s CBD. With its strategic location, modern infrastructure and visionary approach to urban development, the Punjab CBD continues to emerge as a beacon of growth and prosperity in the region.
CBD Punjab’s upcoming auction set to ignite economic growth
