Lahore: Husnain Aulakh, Special Correspondent | ReNews Pakistan
During the detailed site inspection, the CEO CBD Punjab assessed progress on various development components and evaluated the standards being maintained across the project. A key focus of the visit was the inspection of finishing materials for the Public Realm. He thoroughly examined samples of tiles, granite, planters, streetlights, and pathway lighting to ensure that only premium-quality materials are utilized in line with international standards.
The visit was attended by Executive Director Technical Riaz Hussain, Director Architecture & Planning Sameer Aftab Sial, Director Construction Asif Babar, Director Project Management Asif Iqbal, Director Engineering Omar Hayat, Project Manager NSIT City Yasir Saifullah, along with other senior officials of CBD Punjab, NESPAK, and project contractors.
While reviewing the development works, CEO CBD Punjab Imran Amin emphasized the importance of delivering world-class infrastructure in accordance with the vision of the Chief Minister Punjab Maryam Nawaz. He directed the teams to ensure the use of top-quality materials, strict adherence to timelines and acceleration of construction activities without compromising on standards.
“CBD NSIT City represents the future of Pakistan’s IT-driven economy. We are committed to delivering a state-of-the-art urban ecosystem with world-class infrastructure, premium public spaces and smart facilities that align with the vision of the Chief Minister Punjab, Maryam Nawaz” he stated.
CBD NSIT City continues to emerge as a transformative development, positioning Punjab as a leading destination for technology, innovation and investment.

Lahore: Husnain Aulakh, Special Correspondent | ReNews Pakistan
Strict monitoring of projects underway under the Chief Minister Punjab Development Program continues across the province. A high-level review meeting was chaired by Secretary Housing Punjab, Noor-ul-Amin Mengal, during which Managing Directors of WASAs from various districts briefed the forum on the progress achieved so far. Addressing the meeting, Secretary Housing Noor-ul-Amin Mengal stated that development works are progressing at an accelerated pace in ten districts of Punjab, adding that negligence in implementing safety protocols will not be tolerated under any circumstances.
He informed that the Housing Department is currently supervising development projects in fifteen districts. A detailed review of ongoing projects was conducted for Jhang, Dera Ghazi Khan, Gujrat, Hafizabad, Jhelum, Okara and Sargodha. Directions were also issued for mobilization in Nankana Sahib, Rawalpindi, Sahiwal, Sheikhupura, Sialkot, Faisalabad, Gujranwala and Multan. The Secretary emphasized that districts are competing in terms of quality and pace of work. He directed that day and night shifts be monitored separately to ensure efficiency and timely completion. Contractors demonstrating outstanding performance will be awarded commendation certificates.
He further warned that strict action will be taken against officers and contractors found negligent in their duties. Ensuring safety measures at construction sites must remain a top priority. All staff members and site officers have been directed to strictly implement safety protocols. Secretary Housing Noor-ul-Amin Mengal reiterated that, on the directives of Chief Minister Punjab Maryam Nawaz, a rigorous monitoring mechanism has been put in place to ensure transparency, quality and compliance across all development projects.

Lahore: Husnain Aulakh, Special Correspondent | ReNews Pakistan
The auction featured two prime assets: the landmark CBD Arena plot in CBD Quaid District and a premium residential plot in NSIT City Residencia-2, CBD NSIT City. The CBD Arena plot, measuring 10 kanals, had a reserve price of PKR 50 million per kanal. Following competitive bidding, the plot was awarded to Playdium at PKR 70.07 million per kanal, resulting in a total transaction value of approximately PKR 700.7 million.
In parallel, the 4.9 kanal NSIT City Residencia-2 plot was successfully acquired by Shoaib Shafiq, at a final price of PKR 590.45 million, underscoring the growing demand for high-quality residential developments within CBD NSIT City.
The auction drew over 50 bids, reflecting strong participation from national investors and signaling continued market confidence in CBD Punjab’s strategic urban development model. The robust competition and premium price realization further demonstrate the increasing value and credibility of CBD Punjab’s portfolio.
CEO CBD Punjab, Imran Amin, stated: “This successful opening auction of 2026 reflects the unwavering trust investors place in CBD Punjab’s vision, governance, and delivery standards. We remain committed to creating world-class infrastructure and sustainable economic opportunities that position Lahore as a regional business powerhouse.”
COO CBD Punjab, Brigadier (R) Mansoor Janjua, added: “The enthusiastic response to this auction highlights the strength of our transparent and professionally managed processes. We are grateful to our investors and stakeholders for their continued confidence in CBD Punjab.”
Senior officials of CBD Punjab including Riaz Hussain, Executive Director Technical, Ali Nazeer Malik, Executive Director Finance, Ali Waqar Shah, Director Business Development & Investor Relations, Waseem Siddiq, Director Marketing, Sameer Aftab Sial Director Architecture, Asif Iqbal Director Management & Planning ,Jawad Ahmed Director Procurement, Director Legal Ahmed Armaghan, Director Project Management Asif Babar, Director Construction Asif Babar and other officials attended the auction proceedings.
CBD Punjab reaffirmed its commitment to accelerating development initiatives and upcoming auctions, ensuring sustained economic growth and reinforcing Lahore’s emergence as a modern business and lifestyle destination.