Lahore: According to news reports, the Lahore Development Authority (LDA) announced tender proposals for two road development projects in Lahore on Saturday (November 13). The dualisation of Burki Road and the construction of roads on both sides of the Babu Sabu Interchange are the two projects.
Read More: LDA DG directs expedited work on Sheranwala Gate Flyover project
According to the article, three companies competed for the PKR 240 million Babu Sabu project, with Yasin & Brothers winning by offering 1% less than the expected amount. Highways Construction, on the other hand, won the tender for the PKR 400 million Burki Road dualisation project by bidding 1% less. In exchange for the supply of funding, both projects were given a six-month timeframe.
Read More: LDA to resolve expats complaints on priority
It’s worth noting that the LDA issued a request for prequalification bids in September for the dualization of Burki Road between the LSE and the BRB, as well as the construction of roads on both sides of the Babu Sabu interchange. On November 2, seven enterprises qualified for the Burki Road infrastructure project worth PKR 400 million, and four firms qualified for the Babu Sabu Road development project for PKR 242.7 million. The project is now scheduled to be finished in the next six months, after the granting of the tender to the firms.
Stay tuned with Tajarat Property for more updates or information about the top-notch real estate projects like Blue World City or Blue World City Islamabad.