Lahore Development Authority auctioned a commercial plot, situated at Civic Centre, Jubilee Town, measuring 22 marlas, against a sum of Rs 35.5 million on Monday. The bid starting price for the plot had been fixed as Rs 1.6 million per marla whereas it fetched a price of Rs 1.61 million per Marla.
Open auction of commercial plots of Johar Town, Sabazazar and Jubilee Town was held at LDA Community Centre, 239-A, New Muslim Town. Members of the auction committee of LDA including Director Finance and other officers supervised the auction proceedings.