Plans underway to convert Wahdat Colony and Mayo Garden into commercial hubs  


admin
 admin
Admin
Joined: 3 years  ago
Posts: 459
10/08/2021 11:44 am  

Lahore Central Business District Development Authority, Chairman Imran Amin recently announced the decision of the Punjab government to demolish the Wahdat Colony and Mayo Garden and replace them with residential apartments.

Around 2,500 residents in the Wahdat, mostly government servants, will be given possession of the newly constructed apartments upon the completion of the development.

Read: LDA City Lahore Jinnah sector land acquisition 80% complete

Under the new plan, the historic colony will be demolished and replaced with vertical high-rise residential and commercial structures that are socially, financially and technologically feasible. The Mayo Garden, built during the British era, will also be demolished. However, the plan is still in the early stages of development.

According to the chairman, this decision was made with better use of state land and the high maintenance costs of both colonies in mind.

The slum problem of the Wahdat Colony is also expected to be addressed in the plan, and new multi-story low-cost homes will be built to address this problem. According to Chairman Amin, the government will decide whether certain individuals are eligible to participate in the scheme.

Reportedly, the Punjab government established the LCBDDA, launched by Prime Minister Imran Khan, to identify and develop commercial properties in the city.

Visit the RED REAL ESTATE website to get information about the latest updates.

Subscribe to Our Youtube Channel
Red Real Estate Youtube Channel
Follow Our Official Twitter
Red Real Estate Twitter Page
Like Our Official Facebook Page
Red Real Estate Facebook Page


ReplyQuote
Topic Tags
Share:
  
Working