Lahore: According to press reports, Lahore Central Business District Development Authority (LCBDDA) Chairman Imran Amin recently revealed the Punjab government’s decision to demolish Wahdat Colony and Mayo Garden and replace them with residential flats. Once the development is complete, the 2500 residents of Wahdat Colony, most of whom are government employees, will be given ownership of the newly constructed apartments.

Read More: PM launched E-succession certificate system for Punjab launched by PM Imran

The old colonies will be dismantled and replaced with socially, financially, and technically possible vertical high-rise residential and commercial structures under the new concept. The Mayo Garden, which dates back to the British era, will also be razed; however, the plans are still in the works.

The decision was made, according to the chairman, because it was judged a better use of state land and because of the high maintenance costs of both colonies. The proposal is also expected to address the problem of slums in the Wahdat Colony, with new multi-story low-cost houses being erected to remedy the problem. According to Chairman Amin, the government would decide whether or not a particular person is deserving of a plot in the project.

Read More: Punjab to be home to an auto parts technology park

According to reports, the Punjab government established the LCBDDA to locate and develop commercial properties in the city, which was inaugurated by Prime Minister Imran Khan.

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.