AUCTION: LDA City Jinnah Sector Commercial and Residential Plots (Installment Plan)

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) invites applications for the auction of commercial and residential plots in LDA City Jinnah Sector, Lahore. This opportunity is open for investors and individuals seeking prime property in a fully developed location with easy installment plans. The auction is being conducted through a transparent balloting process, ensuring fairness and accessibility for all participants. Items being auctioned: - 5 Marla Commercial Plot (12,000 sq ft, Reserve Price: Rs. 9,500,000) - 4 Marla Commercial Plot (10,000 sq ft, Reserve Price: Rs. 7,500,000) - 5 Marla Residential Plot (8,000 sq ft, Reserve Price: Rs. 3,000,000) All plots are located in the Jinnah Sector of LDA City, offering excellent connectivity and infrastructure. The commercial plots are ideal for business ventures, while the residential plots provide a great opportunity for home construction or investment. The auction is open to all eligible Pakistani citizens, and successful applicants will benefit from a convenient installment payment facility. Applicants must submit their forms along with the required earnest money and documentation as per the instructions provided by LDA. The deadline for submission of applications is bold 18 July 2024. Applications can be submitted online via the official LDA website or at the designated LDA office in Lahore. For further details, applicants are encouraged to visit lda.gop.pk/sales or scan the QR code provided in the notice. A practical tip for interested bidders: Ensure that all required documents, including proof of payment and CNIC copies, are attached with your application to avoid disqualification during the scrutiny process. Early submission is recommended to avoid last-minute issues.