Lahore District Real Estate News
and Property Updates

Lahore | ReNews Pakistan
The Punjab Small Industries Corporation has decided to establish a new small industrial estate at Kot Pindi Das in Lahore to provide industrial plots to small and medium scale investors.
Punjab Small Industries Corporation Managing Director Mubeen Elahi shared the details during a meeting with a delegation of the Lahore Chamber. He said the proposed industrial estate would cover around 130 acres and include 364 industrial plots to be allotted through balloting.
According to him, investors will be required to pay 40 percent of the plot price as down payment, while the remaining 60 percent can be paid in quarterly instalments over two years.
Mubeen Elahi said the price has been fixed at Rs 5 million per kanal, including development charges. He added that financial facilities would also be provided to industrialists on easy terms to support small and medium scale industry.
The project will include electricity, gas, water, roads, sewerage, drainage and other basic facilities to provide investors with the infrastructure needed to start industrial activity.
The Managing Director said the project is being developed in line with the vision of Punjab Chief Minister Maryam Nawaz. He said the initiative aims to promote industrial growth, employment opportunities and investment in the province.

Lahore: [ReNews Pakistan]
On the directives of Lahore Development Authority Director General Tahir Farooq, the LDA Town Planning Wing launched a citywide enforcement operation against illegal commercial use and non payment of commercial fees, sealing a total of 200 properties.
According to the LDA, enforcement teams carried out operations in Gulberg, Faisal Town, Lahore Avenue, Wapda Town, Iqbal Avenue, various private housing schemes, Samanabad, Canal Road, Gulshan Ravi, Mustafa Town and Azam Garden, targeting properties found to be involved in unauthorized commercial activities.
An LDA spokesperson said that 30 properties were sealed in Gulberg and Faisal Town for illegal commercial use, while another 49 properties were sealed in Samanabad, Canal Road and Gulshan Ravi on similar violations.
In Lahore Avenue, Wapda Town, Iqbal Avenue and various private housing schemes, 105 properties were sealed for illegal commercial use and failure to pay commercial fees. During a separate recovery operation, enforcement teams also sealed 16 additional properties in Mustafa Town and Azam Garden.
The sealed properties included private schools, colleges, academies, clinics, pharmacies, grocery stores, cafes, restaurants, food outlets, bakeries, electrical and hardware stores, beauty salons, auto workshops, retail shops, offices and other commercial establishments.
The operation was conducted under the supervision of Chief Town Planner One Asad uz Zaman and Chief Town Planner Two Azhar Ali, with multiple enforcement teams carrying out simultaneous actions across different parts of the city.
Director General LDA Tahir Farooq said the authority would continue indiscriminate action against illegal commercial buildings and commercial fee defaulters, reaffirming the LDA's commitment to strict enforcement of urban planning regulations across Lahore.

Lahore | ReNews Pakistan
The Pakistan Cricket Board has signed a strategic agreement with the Saudi Arabian Cricket Federation to develop a new modern cricket stadium in Jeddah.
The Memorandum of Understanding was signed by PCB Chairman Mohsin Naqvi and Saudi Arabian Cricket Federation Chairman Prince Saud bin Mishal Al Saud. The agreement is being described as the first formal strategic partnership of its kind between the two cricket boards.
Under the agreement, Pakistan will support the development of a modern cricket stadium in Jeddah with facilities designed to meet international standards. The project will include international standard playing surfaces, broadcast and media infrastructure, hospitality areas, training facilities and spectator services.
According to the PCB, the venue will be developed in line with ICC requirements, allowing Saudi Arabia to host international matches and major cricket events in the future.
The agreement goes beyond the construction of a single venue. Both boards will also work together on wider cricket infrastructure development, stadium planning, technical support and operational standards as Saudi Arabia seeks to build a stronger long term base for the sport.
The initiative is also aligned with Saudi Vision 2030, which aims to increase investment in sports, promote sports tourism, encourage public participation and improve quality of life.
Saudi Arabian Cricket Federation Chairman Prince Saud bin Mishal Al Saud welcomed the agreement and said the collaboration would extend beyond the stadium itself. He said the partnership would help lay the foundation for the long term growth of cricket in Saudi Arabia.