A total of four commercial plots were auctioned by the Lahore Development Authority (LDA) against a sum of Rs 10.25 million on Monday. According to a LDA's spokesperson here on Thursday, the open auction of the commercial plots, located in Johar Town and Mustafa Town, was held at LDA Community Centre.
Sever competition was observed as the competitors enthusiastically offered their bids. Maximum bid was offered for a corner commercial plot in Block M of Johar Town, which was auctioned against a total amount of Rs 3.468 million. Members of the auction committee of LDA including Director Finance Zaheer Asghar Raana and Directors Estate Management Akbar Nakai supervised the auction proceedings.
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