LAHORE: The Lahore Development Authority (LDA) has handed over the possession of its 122 Kanal land to the Specialised Healthcare and Medical Education Department (SH&MED) for the construction of a 100-bed hospital.
The Lahore Development Authority (LDA) has handed over the possession of its 122 Kanal land for the construction of the hospital which once housed the Kot Lakhpat fruit and vegetable market.
According to the news sources, the authority did this after it sold the land, situated at the prime location of Ferozepur Road near Arfa Karim Technology Park, to the department for over Rs2 billion.
After 2011 shifting the business to the newly-established fruit and vegetable market in Kaacha village near Hadiara drain on Ferozepur Road, various organizations representing the public and private sector showed interest in obtaining this precious chunk of land, but the LDA didn’t sell it to anyone.
However, it found a proposal of the specialized healthcare department to buy the land ‘reasonable.’ According to LDA, its governing body in its meeting held in August this year finally accorded an approval to transfer physical possession to the department, subject to depositing of Rs2.033bn with authority’s bank account before Feb 1, 2022.