Auction of Park, Ride Plaza shops on January 26

22 Jan, 2011

Lahore Development Authority (LDA) will auction 31 shops of the newly constructed Park and Ride Plaza on January 26. According to a LDA's spokesperson, interested buyers will deposit a 'security amount' of rupees one million per shop at Bank of Punjab's branch located in Liberty area before the bidding starts. Successful bidders will have to deposit a token money (one-third of the total shop price) within seven days. Failing to comply will result in forfeiture of the security amount.

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