AUCTION: LDA Avenue, Jubilee Town, and LDA City Commercial and Residential Plots

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Lahore Development Authority (LDA) is inviting interested parties to participate in the open auction of fully developed commercial and residential plots located in prime locations of LDA Avenue, Jubilee Town, and LDA City. This auction presents an excellent opportunity for investors and end-users to acquire valuable property assets in Lahore with flexible installment plans and transparent procedures. Items being auctioned: - 5 Marla Commercial Plot, LDA Avenue, Reserve Price: Rs. 9,500,000, Earnest Money: Rs. 120,000 - 4 Marla Commercial Plot, Jubilee Town, Reserve Price: Rs. 7,500,000, Earnest Money: Rs. 100,000 - 5 Marla Residential Plot, LDA City, Block K, Reserve Price: Rs. 3,000,000, Earnest Money: Rs. 80,000 All plots are situated in well-developed sectors with complete infrastructure and prime accessibility. The auction is open to all eligible Pakistani citizens and organizations. Successful bidders will be required to submit the earnest money as specified for each plot, and the remaining amount can be paid in easy installments as per LDA policy. The auction will be conducted at the LDA Community Centre, 467-D/II, Main Boulevard, Johar Town, Lahore. Applicants must bring original CNIC and pay order for earnest money to participate. The last date for submission of applications and participation in the auction is 18 July 2024. For further details, visit the official LDA website or scan the QR code provided in the notice. Tip: Carefully review the reserve prices and installment options for each plot before bidding, and ensure your earnest money pay order is prepared in advance to avoid last-minute issues.