CBD Punjab Approves New 5-Star Hotel and Mixed-Use Developments in Lahore
The Capital Development Authority (CBD) of Punjab has approved several major development projects in Lahore, marking a significant push for commercial expansion in the provincial capital. The centerpiece of these approvals is a new five-star-plus hotel constructed to international standards, designed to boost tourism and enhance the city's hospitality infrastructure. Alongside the hotel, authorities have greenlit 'The Regalia,' a luxury residential scheme situated on a 7.1-kanal plot in the CBD Qaid District, which is expected to become a flagship high-end development. Additionally, a large mixed-use complex spanning 41 kanals has been planned to further stimulate commercial activity. CBD Punjab has also invited bids for other commercial ventures, including the auction of plots for petrol stations in NSIT City, which will accommodate international food chains and retail outlets. According to the CBD Punjab CEO, these initiatives aim to generate thousands of jobs, support economic growth, and position Lahore as a modern business and tourism destination. This strategic focus on high-value real estate and infrastructure underscores the region's commitment to urban modernization and premium development.
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CBD Punjab Approves New 5-Star Hotel and Mixed-Use Developments in Lahore
The Capital Development Authority (CBD) of Punjab has approved several major development projects in Lahore, marking a significant push for commercial expansion in the provincial capital. The centerpiece of these approvals is a new five-star-plus hotel constructed to international standards, designed to boost tourism and enhance the city's hospitality infrastructure. Alongside the hotel, authorities have greenlit 'The Regalia,' a luxury residential scheme situated on a 7.1-kanal plot in the CBD Qaid District, which is expected to become a flagship high-end development. Additionally, a large mixed-use complex spanning 41 kanals has been planned to further stimulate commercial activity. CBD Punjab has also invited bids for other commercial ventures, including the auction of plots for petrol stations in NSIT City, which will accommodate international food chains and retail outlets. According to the CBD Punjab CEO, these initiatives aim to generate thousands of jobs, support economic growth, and position Lahore as a modern business and tourism destination. This strategic focus on high-value real estate and infrastructure underscores the region's commitment to urban modernization and premium development.
ProPakistani