{"id":13338,"date":"2023-03-16T15:52:25","date_gmt":"2023-03-16T10:52:25","guid":{"rendered":"https:\/\/propakistani.pk\/proproperty\/?p=13338"},"modified":"2023-03-18T13:27:29","modified_gmt":"2023-03-18T08:27:29","slug":"ceo-pcbda-aims-to-generate-rs-25-trillion-revenue-from-state-owned-land","status":"publish","type":"post","link":"https:\/\/propakistani.pk\/proproperty\/ceo-pcbda-aims-to-generate-rs-25-trillion-revenue-from-state-owned-land\/","title":{"rendered":"CEO PCBDA Aims to Generate Rs. 25 Trillion Revenue from State-Owned Land"},"content":{"rendered":"<p>LAHORE: Imran Amin, Chief Executive Officer of Punjab Central Business District Development Authority (PCBDDA), has claimed that the authority can generate a massive revenue of Rs. 25 trillion.<\/p>\n<p>He claimed that with the help of the public and private sectors, the government&#8217;s support to PCBDDA can help generate Rs. 4 trillion with the utilization of the state-owned land worth.<\/p>\n<p>This land includes that of the Punjab Cooperative Board for Liquidation across the province.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/cbd-completes-excavation-of-kalma-chowk-remodeling-project\/\" target=\"_blank\" rel=\"dofollow\" class=\"ub026700cde2c2396944fea569a1fa489\"><style> .ub026700cde2c2396944fea569a1fa489 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .ub026700cde2c2396944fea569a1fa489:active, .ub026700cde2c2396944fea569a1fa489:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .ub026700cde2c2396944fea569a1fa489 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .ub026700cde2c2396944fea569a1fa489 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .ub026700cde2c2396944fea569a1fa489 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .ub026700cde2c2396944fea569a1fa489:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">CBD Completes Excavation of Kalma Chowk Remodeling Project<\/span><\/div><\/a><\/div>\n<p>Amin further stated that the authority could present a viable plan for the use of this land for high-rises, shopping malls, residential areas, and other commercial, residential, agricultural, and industrial purposes.<\/p>\n<p>According to him, the authority&#8217;s Lahore chapter alone can generate Rs. 1 trillion through the state-owned land in Gulberg and Walton.<\/p>\n<p>PCBDDA has already started the development work by auctioning the state-owned plots for Rs. 56 billion.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/cbd-punjab-showcases-signature-projects-in-jashan-e-baharan-celebration\/\" target=\"_blank\" rel=\"dofollow\" class=\"u9dcc57a4247cd3e0bbae2b636d580246\"><style> .u9dcc57a4247cd3e0bbae2b636d580246 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u9dcc57a4247cd3e0bbae2b636d580246:active, .u9dcc57a4247cd3e0bbae2b636d580246:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u9dcc57a4247cd3e0bbae2b636d580246 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u9dcc57a4247cd3e0bbae2b636d580246 .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u9dcc57a4247cd3e0bbae2b636d580246 .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u9dcc57a4247cd3e0bbae2b636d580246:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">CBD Punjab Showcases Signature Projects in Jashan-e-Baharan Celebration<\/span><\/div><\/a><\/div>\n<p>In addition, Amin said the ongoing development work worth Rs. 5 billion in Lahore includes 2 underpasses under construction from the existing Kalma Chowk underpass, remodeling of the Gulberg main boulevard, upgradation of the underground sewerage\/drainage system, construction of the CBD main boulevard, parking plaza, walkways, etc.<\/p>\n<p>Besides creating revenue of Rs. 56 billion, the authority has also deposited Rs. 500 million as taxes to the government to date.<\/p>\n<div style=\"clear:both; margin-top:0em; margin-bottom:1em;\"><a href=\"https:\/\/propakistani.pk\/proproperty\/cbd-gets-registered-as-flagship-project-at-punjabs-development-landmark\/\" target=\"_blank\" rel=\"dofollow\" class=\"u33dfbdc1ef593d7c77dc3e248eee88fc\"><style> .u33dfbdc1ef593d7c77dc3e248eee88fc { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#2C3E50; border:0!important; border-left:4px solid #F1C40F!important; text-decoration:none; } .u33dfbdc1ef593d7c77dc3e248eee88fc:active, .u33dfbdc1ef593d7c77dc3e248eee88fc:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u33dfbdc1ef593d7c77dc3e248eee88fc { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u33dfbdc1ef593d7c77dc3e248eee88fc .ctaText { font-weight:bold; color:#F1C40F; text-decoration:none; font-size: 16px; } .u33dfbdc1ef593d7c77dc3e248eee88fc .postTitle { color:#eaeaea; text-decoration: underline!important; font-size: 16px; } .u33dfbdc1ef593d7c77dc3e248eee88fc:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">ALSO READ<\/span>&nbsp; <span class=\"postTitle\">CBD Gets Registered as Flagship Project at Punjab\u2019s Development Landmark<\/span><\/div><\/a><\/div>\n<p>However, Amin added that they have only been given Rs. 100 million as seed money to run the authority&#8217;s affairs.<\/p>\n<p>The CBD Lahore project would be the country&#8217;s first super high-rise infrastructure, which would generate and create more revenues and assets for the government, he said.<\/p>\n<p>When questioned about the viability of such a huge business and financial plan through the utilization of land, he said that if India and Bangladesh could do it, then why not Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE: Imran Amin, Chief Executive Officer of Punjab Central Business District Development Authority (PCBDDA), has claimed that the authority can generate a massive revenue of Rs. 25 trillion. He claimed that with the help of the public and private sectors, the government&#8217;s support to PCBDDA can help generate Rs. 4 trillion with the utilization of the state-owned land worth. This land includes that of the Punjab Cooperative Board for Liquidation\u2026<\/p>\n","protected":false},"author":3,"featured_media":12001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-13338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"img_urls":{"thumbnail":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/02\/ProProperty-Design-Template-1000x560-52.jpg",1000,560,false],"medium":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/02\/ProProperty-Design-Template-1000x560-52.jpg",1000,560,false],"full":["https:\/\/propakistani.pk\/proproperty\/wp-content\/uploads\/2023\/02\/ProProperty-Design-Template-1000x560-52.jpg",1000,560,false]},"author_name":"Firas Qureshi","categories_name":["News"],"title_text":"CEO PCBDA Aims to Generate Rs. 25 Trillion Revenue from State-Owned Land","related_stories":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts?filter&per_page=4&categories=5&exclude=13338","_links":{"self":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/13338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/comments?post=13338"}],"version-history":[{"count":0,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/posts\/13338\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media\/12001"}],"wp:attachment":[{"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/media?parent=13338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/categories?post=13338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propakistani.pk\/proproperty\/wp-json\/wp\/v2\/tags?post=13338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}