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Commercial and Residential Plots at Lahore Development Authority X-Block Johar Town

Expired Tender
Closing Date:
2024-06-13

Tender Description

The Lahore Development Authority (LDA) invites interested parties in Lahore to participate in the allocation of commercial and residential plots located in X-Block Johar Town. This procurement is specifically for the sale of developed plots under an easy installment plan, providing an excellent opportunity for investors and residents seeking property in a prime location of Lahore. Items being procured: - Commercial plots (5 years installment plan, Rs. 12,000 per sq. ft.) - Residential plots (4 years installment plan, Rs. 9,500,000 total) - Residential plots (5 years installment plan, Rs. 7,500,000 total) - Residential plots (5 years installment plan, Rs. 3,000,000 total) The plots are fully developed and ready for possession, situated in a well-planned urban area with all necessary civic amenities. The LDA ensures transparent and fair allocation through a draw system, with successful applicants required to comply with the terms and conditions outlined by the authority. Eligibility criteria include valid registration with the Federal Board of Revenue (FBR) and adherence to LDA's policies. Prospective buyers should ensure they meet all documentation requirements and submit earnest money or CDR as specified in the detailed application process. The submission deadline is **June 13, 2024, at 23:59:59**. Applications must be submitted to the Lahore Development Authority office located at 467-DII, Johar Town, Lahore. Interested parties are advised to carefully review the terms and conditions and prepare their bids accordingly. A practical tip for bidders: Ensure all financial documents and earnest money deposits are prepared in advance to avoid last-minute delays. Early submission is recommended to secure participation in the draw and to allow time for any clarifications with the LDA procurement office. This tender offers a valuable chance to acquire prime real estate in Lahore with flexible payment options, making it accessible for a wide range of buyers and investors.
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