You will see the Punjab Central Business District (CBD Punjab) logo. — X/@CBDPunjab/file
LAHORE: The Punjab Central Business District (CBD Punjab) is set to expand its real estate portfolio in the region with the auction of six exclusive plots, consisting of three mixed-use commercial and three residential plots, scheduled for May 9, 2024. We are approaching an important juncture in the situation.
As Punjab's premier development authority, CBD Punjab is at the forefront of transforming the urban landscape and this auction represents a pivotal moment in Punjab's economic development. This auction event will showcase the immense potential for investment and development within the CBD area of Punjab.
With this auction, CBD Punjab is proud to present its newest ventures, CBD Business Bay and CBD Residencia. These businesses represent CBD Punjab's commitment to innovation and excellence in urban development, offering premier real estate opportunities for both commercial and residential purposes. CBD Business Bay offers a unique opportunity for businesses to grow in a dynamic environment. With access to mixed-use commercial land, CBD Business Bay caters to the diverse needs of businesses seeking a strategic business location. Commercial land ranging from 8.73 Kanals to 8.89 Kanals has a FAR of 1:16 and a height of 415 feet, giving you plenty of space to grow and expand.
CBD Residencia, on the other hand, offers an unparalleled living experience in residential plots designed for modern lifestyles. Ranging from 6.35 Canal to 7.11 Canal, these 1:14 FAR, 380-foot-tall parcels offer residents a vibrant, well-connected community.
To further encourage investment and development, CBD Punjab has come up with an easy 5-year installment plan and a streamlined one-window solution for prospective buyers and investors. This initiative underscores CBD Punjab's commitment to fostering regional growth and prosperity while ensuring accessibility and affordability for all stakeholders. Imran Amin, CEO of CBD Punjab, while expressing his views on the upcoming auction, said, “CBD Punjab will be a major contributor to Punjab's economy by providing lucrative opportunities to real estate developers and the business community. This auction event will be a catalyst to highlight the huge investment potential within the Punjab CBD. It is expected to attract a diverse group of investors, developers, and stakeholders who want to take advantage of the growing opportunities.
