Skip to main content

CBD PUNJAB ANNOUNCES AUCTION OF PREMIUM NSIT RESIDENCIA PLOTS IN JUNE 2025

                                                     

The Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), is all set to hold the auction of premium residential plots in NSIT Residencia this June. Building on the momentum of four previously successful auctions, this latest venture marks another bold step forward in the authority’s mission to redefine urban living and development in Punjab.


NSIT City is envisioned as a dynamic urban center comprising three districts  IT, Education and Film districts. Located adjacent to DHA Phase 6 and 7.

NSIT Residencia sits at the heart of this transformative zone, making it a strategic and future-ready investment opportunity offering unmatched accessibility to key locations within Lahore. Positioned as the next sought-after address in the provincial capital, NSIT Residencia combines luxury living with smart city infrastructure, providing investors with an exceptional opportunity.

CBD Punjab is offering four premium plots of up to four kanals each in this prime location. The reserve price has been set at PKR 95 million per kanal, with earnest money fixed at PKR 20 million. To ensure greater ease and accessibility for potential buyers, a flexible three-year payment plan has been introduced, making this an attractive prospect for both local and overseas investors. Applications for the auction must be submitted by June 16, 2025.

Commenting about the upcoming auction, CEO CBD Punjab, Imran Amin, said: “NSIT Residencia is a key part of our vision for a future-ready Punjab. By integrating IT, education and film districts within a single urban ecosystem, we are creating a city of opportunity. This auction is not just a real estate event it’s an invitation to invest in the next chapter of Punjab’s growth story.”

The development of NSIT Residencia is expected to generate a positive ripple effect on the regional economy. From job creation and increased real estate value to improved infrastructure and sustainable urban planning, the auction will contribute significantly to Punjab’s socio-economic advancement.

CBD Punjab continues to lead with forward-thinking initiatives that align with the government’s vision for a modern, inclusive, and globally competitive Punjab. The upcoming auction of NSIT Residencia reflects the authority’s unwavering commitment to building smart, connected, and future-ready urban communities.

Comments

Popular posts from this blog

ACCA gathers business leaders in Faisalabad to enhance accountants' role in boosting Pakistan's economic development

                                              ACCA (the Association of Chartered Certified Accountants) hosted a large-scale corporate conference here in Faisalabad today on the theme ‘Being Bold: Shaping a Sustainable Future in Uncertain Times’ featuring the country’s top business and thought leaders and policymakers.   This ground-breaking event brought together thought leaders, experts, and professionals from diverse sectors to discuss and deliberate on crucial topics surrounding Sustainability, Ethics, Leadership, Future-Ready Talent, and Digital Transformation.                        .   The conference was attended by many prominent names in the corporate sector, as well as leading policymakers and members of the provincial cabinet.   Prominent s...

ACCA gathers business leaders in Multan to enhance accountants role in boosting Pakistan's economic development

                                                ACCA (the Association of Chartered Certified Accountants) hosted a large-scale corporate conference here in Multan today on the theme ‘Being Bold: Shaping a Sustainable Future in Uncertain Times’ featuring country’s top business and thought leaders and policy makers.   This groundbreaking event brought together thought leaders, experts, and professionals from diverse sectors to discuss and deliberate on crucial topics surrounding Sustainability, Ethics, Leadership, Future-Ready Talent, and Digital Transformation.                        .   The conference was attended by many prominent names in the corporate sector, as well as leading policy makers and the members of the provincial cabinet.   Promine...

LCBDDA Renamed As Punjab Central Business District Development Authority.

       Lahore Central Business District Development Authority (LCBDDA) also known as Central Business District Punjab (CBD Punjab) has recently been renamed as Punjab Central Business District Development Authority (PCBDDA). The authority was formed in February 2021, by an act of parliament and was tasked to establish Pakistan’s first and most anticipated business district in the heart of Lahore. LCBDDA has achieved new horizons as its wings expand from Lahore to all over the province of Punjab.  The authority has done many remunerative wonders and proved itself as a wealth generator for the development of Punjab. Keeping in view the track record of LCBDDA, the Punjab Cabinet has done amendments to its act and expanded the jurisdiction of the authority to all over Punjab. PCBDDA will work in various cities of Punjab like Faisalabad, Sialkot, Gujranwala, Multan and Rawalpindi & more to boost the economic activities for the development of the province.  C...