LDA successfully auctions Rs. 3.55 billion worth properties
February 2025
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Indicating strong investor interest, Lahore Development Authority (LDA) successfully sold around 42 properties during a single-day public auction, generating a total revenue of Rs. 3.55 billion, a record high for the authority.
The largest successful bid was for a plot located in Gulberg V along Jail Road, which sold for Rs 1.88 billion, accounting for 53% of the total proceeds from the auction.
Indicating strong investor sentiment for commercial properties, commercial plots from Johar Town, Jubilee Town, Mustafa Town, Tajpura and Sabzazar attracted bids ranging from Rs. 5 million to Rs. 37 million in the auction.
Details of some of the successful bids are provided below:
| Property Type | Location | Bid Price | %age of total |
| Commercial Plot | Gulberg V along Jail Road | 1.88 billion | 53% |
| Apartment site | B-1 Block, Johar Town | 436 million | 12.3% |
| Education Site | OPF Scheme, A Block | 179.6 million | 5.06% |
| Commercial Plot | Jubilee Town | 162 million | 4.6% |
| Commercial Plot | Civic Center, Johar Town | 87.6 million | 2.47% |
| Lease Rights for Educational Facility | Mustafa town | 20.8 million | 0.59% |
| Restaurant site | LDA Sports Complex, Canal West | 12.1 million | 0.34% |
| Rooftop Restaurant | Moon Market, Allama Iqbal Town | 7.7 million | 0.22% |
Sources:
https://bloompakistan.com/lda-generates-rs-355-billion-from-plot-sales/
