LDA to Lauch online Auction of plots and properties of Lahore
LDA to Lauch online Auction of plots and properties of Lahore
LAHORE: In an effort to modernize and make conducting business more convenient, Muhammad Ali Randhawa, Lahore Commissioner and Director General of the Lahore Development Authority (LDA), has recommended the creation of an online bidding system for auctioning plots and commercial properties. (According to a news source)
The standards of the private sector will be met by this support, which would make conducting business in Lahore easier.
The government is working to increase investment interest and promote regional economic development with this choice. The auctioning process will be more efficient and straightforward thanks to the online bidding system, increasing potential buyers' access to information and transparency.
The LDA has already made significant progress toward digitizing its business processes, and adopting the online bidding system will significantly increase the authority's capabilities.
The new strategy is anticipated to significantly increase the efficiency and transparency of the auctioning process, supporting the government's objective of creating an environment that is friendly to businesses in Lahore.
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