FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER...

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FINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY

Transcript of FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER...

Page 1: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

FINANCE�AND�TRADE�CENTERJohar�Town�Lahore

LAHORE DEVELOPMENT AUTHORITY

Page 2: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Lahore Development Authority

Page 3: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Lahore Development Authority has established the first ever planned business hub of international standard,

Finance and Trade Centre, Lahore, over an area of 1123 kanals, near Expo Centre, Johar Town.

The site is close to Lahore Canal, Motorway, Southern Bypass, Rai-Wind Road, Multan Road and other major

intercity roads of the provincial metropolis for facilitating easy movement of business community from other

cities. Specialized facilities for carrying out different types of major businesses have been provided in the

area for making it a nucleus of commercial activities in the second largest city of Pakistan.

Besides construction of a superstore on 90 kanals and a five star hotel on 119 kanals, plots have also been

reserved for establishing corporate office and IT Tower, bank square on 69 kanals, a health club on 27

kanals, a hospital on 25 kanals, a mosque on five kanals, recreation area on 75 kanals, parking and mini golf

club on 32 kanals and a park and lake on 42 kanals. About 40 kanals have been reserved for multi-storey

apartments, eight kanals for the service area and 388 kanals for roads.

The Super Store Plot measuring 90 Kanlas and Five Star Hotel Site measuring 119 kanals already stand

successfully auctioned in this prestigious centre, the construction on which is already underway.

Lahore Development Authority has relaxed building bylaws for encouraging construction of high rise

buildings in the Finance and Trade Centre. Five basements are allowed on a plot measuring more than

four kanals at this centre, unlike the previous bylaws where four basements could be built. The

mandatory open side space on a plot measuring more than 20 kanals will be 15 feet compared to 20 feet

elsewhere. Height of high rise buildings has been allowed as per the limit fixed by the Civil Aviation Authority in

this area.

Finance and Trade CenterJohar Town Lahore

Page 4: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first
Page 5: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Location of Finance and Trade Center

FINANCE & TRADE CENTER

SHAUKAT KHANUM HOSPITAL

Page 6: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Satellite View of Finance and Trade Center

FINANCE & TRADE CENTER

EXPO

MAIN LINK TO RAIWIND ROAD AND SHOUKAT KHANUM HOSPITAL

MAIN BOULEVARD JOHAR TOWN

ABDUL HAQUE R

OAD

SOUTHERN BYPASS

UBD CANAL ROAD

Page 7: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Perspective viewFinance and Trade Center

Johar Town Lahore

Page 8: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Finance and Trade CenterJohar Town Lahore

Super Store

Bank Square

Hotel Site

Corporate Offices & IT Tower

Commercial

Health Club

Mosque

Hospital Site

Parking Area

Mini Golf/ Recreational Area

Lake & Park

Apartments

Service Area

Roads

90

69

119

101

111

27

5

25

32

75

42

40

4

388

01

02

03

04

05

06

07

08

09

10

11

12

13

14

PlotNo.

Uses Area in Kanals

Concept Plan

10K

4B

14K

4C

15K

4D

30K

4

ParkingPlaza(10K)4A

BANK SQUARE

Page 9: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Dimensions of Four Plots of Bank Square Area

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PERSPECTIVE VIEW

BANK SQUARE

Page 11: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Land UsesFollowing land uses are permissible in Finance & Trade Center:

1. Shopping Malls

2. Departmental/ Super Stores/ Whole Sale Markets

3. Cash & Carry Stores

4. Corporate Offices for Banks/Companies, Office Blocks

5. Commercial Complex

6. Head/Regional/Zonal Offices of Banks and Financial Institutions

7. IT related Offices/Services

8. Public Buildings

9. Food Court

10. Mosque

11. Central Library

12. Five Star Hotel

13. Amusement Park

14. Central Park

15. Car Showrooms

16. Business Conference Centers

17 Commercial (retail shops, café, restaurants, fast food)

18. Parks and Soft Green Landscape

19. Parking Lots/ Plaza

20. Community Centers

Page 12: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Incentive Plan

In order to give incentive to the developers, a set of special building

regulations has been provided for Finance & Trade Center.

Purchaser will strictly follow the approved concept plan and further

sub-division may be allowed with the approval of the Authority.

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New Building BylawsSpecially Approved for

Finance & Trade Center Only

NOTE: Apart from Special Regulations, all other provisions of Prevailing Building Regulations shall remain applicable.

Plot Size

Height

Building Line

Ground Floor Coverage

Rear

Both Side

Floor Area Ratio

Less than 25 Kanals 25-50 Kanals Above 50 Kanals

As per limit fixed by the Civil Aviation Authority

40 feet 40 feet 50 feet

60 % 60 % 60 %

15 feet 15 feet 15 feet

15 feet 15 feet 15 feet

1:8 1:10 1:12

Page 14: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Parking Requirement

For Hotels

1 Car Space for every 6 Rooms

1 Car Space for every 1000 sq. ft. of

Shopping Area

1 Car Space for every 1200 sq. ft. of

Office Area

Restaurant, Café & Banquet Hall 1 Car Space for every 700 sq. ft. of Floor Area

Bank Square, Commercial & Corporate Office, Super Store, Health Tower and all Other Uses

1 Car Space for every 1200 sq. ft. of

Floor Area

Apartments1 Car Space for every 1500 sq. ft. of

Floor Area

Mosque, Service Area As per Building Regulations

A maximum of five basements can be constructed for parking.

The Gross Floor Area shall not include the area of Mechanical Plant Room, Electrical

Sub-Station, Prayer Halls, Public Toilets, Stairs, Covered Parking and Circulation of Vehicles.

Page 15: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Main Terms and Conditions for Auction of Four Plots in Bank Square

Finance and Trade Centre

1. The parties/organizations interested to participate in the auction shall have to deposit earnest money in

advance (refundable) against the auction of plots in bank square in the form of Pay Order/Demand Draft

in favour of Director General, LDA at the booth of National Bank of Pakistan at the site of auction.

2. The highest bidder shall have to deposit the 1/3rd cost of the plot, inclusive of earnest money, at the time of

auction or within 7 days of auction. In case of failure of the successful bidder to deposit the 1/3rd amount

within 7 days of auction, the earnest money would stand forfeited in favour of LDA.

3. The Auction Committee would make best possible efforts to frame its recommendations in respect of a site

within 15 days of the auction. However, the highest bid would be subject to the approval of the Competent

Authority.

4. The balance 2/3rd of the cost of plot shall have to be deposited within 30 days of the approval of bid by the

Competent Authority (inclusive of holidays), though the extension of another 30 days in this period could be

allowed by the Competent Authority in case the successful bidder submits application for the same within 7

days of the lapse of first 30 days with justifiable reason for the delay.

5. In case the auction purchaser fails to deposit the balance payment within the stipulated time period, the site

shall be treated as cancelled and the deposited amount would stand forfeited in favour of LDA.

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6. The auction purchaser shall have to take over the possession of the site within 15 days of the deposit of the

entire dues.

7. In case of failure of the auction purchaser to take over the possession of the site within the stipulated period,

the building period would be automatically reckoned on the expiry of 8 weeks from the issuance of letter

regarding acceptance of bid.

8. The auction purchaser will have to complete construction at the site within 3 years. However, in case of non

completion of construction within the stipulated period, the auction purchaser will have to submit a request to

the Competent Authority 90 days prior to the lapse of this period for extension in building period and the

Competent Authority would be competent to grant extension on payment of usual surcharge keeping in

consideration the special circumstance.

9. The cost of the site shall be recovered in light of its actual area and it would be transferable on payment of

transfer fee and applicable taxes in light of the laid down policy.

10. The auction purchaser would be bound to deposit all taxes applicable as per Government Policy.

11. The interested parties can depute their representative to participate in the auction on their behalf. However,

this fact should be brought on record, supported by relevant proofs/documents at the time of auction.

Main Terms and Conditions for Auction of Four Plots in Bank Square Finance and Trade Centre

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Work In Progress- Hotel Site

Page 18: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Work In Progress- Super Store Site

Page 19: FINANCEANDTRADECENTER JoharTownLahore - Lahore · PDF fileFINANCEANDTRADECENTER JoharTownLahore LAHORE DEVELOPMENT AUTHORITY. ... Lahore Development Authority has established the first

Lahore Development Authority