Monday, 11 March 2024

CBD Punjab Sets New Standard with Transparent Process for Grand Souq Lahore Marketing Rights

                                           

Punjab Central Business District Development Authority, (PCBDDA) also known as Central Business District Punjab (CBD Punjab), has awarded sales and marketing rights of Grand Souq Lahore (GSL), following a rigorous evaluation process, Star Marketing emerged as the successful bidder, marking a significant milestone in the development of GSL.

The signing ceremony, held at the CBD Punjab Complex, witnessed the official agreement signing between Imran Amin, CEO CBD Punjab, and Ali Habib, Regional Director Punjab of Star Marketing. Mohammed Omar, Executive Director Commercial CBD Punjab, Ali Waqar Shah, Director Business Development CBD Punjab, Jawad Ahmed, Director Procurement CBD Punjab, and Murtaza Imran, Senior Manager Star Marketing were also present during the signing ceremony. 

Grand Souq Lahore (GSL), an ambitious project spanning 68 kanals at Rescue 1122 Academy, LOS Ferozepur Road, is poised to redefine Lahore's retail landscape. Designed by Turkish architects to meet international standards, GSL promises to deliver a comprehensive shopping experience to residents of Icchra, Samanabad, Shadman, and neighboring areas.

For the ease of the business community, CBD Punjab is offering a four-year easy installment plan, with possession guaranteed within three years. This initiative aims to facilitate entrepreneurs and business owners in acquiring prime retail space within GSL while managing their financial commitments effectively.

Expressing confidence in Star Marketing's capabilities, Imran Amin stated, "We are very confident about the expertise of Star Marketing. Hopefully, they will market the project as per our expectations. This partnership will help in fostering new business ties between CBD Punjab and Star Marketing, which will result in bringing a positive impact on the economic landscape of Lahore."

Ali Habib, Regional Director Punjab of Star Marketing, echoed enthusiasm for the collaboration, stating, "We are thrilled to collaborate with CBD Punjab for the marketing of Grand Souq Lahore. This project presents a significant opportunity for the local business community. We are committed to leveraging our marketing capabilities to ensure the success of GSL."

As CBD Punjab and Star Marketing embark on this collaborative journey to promote Grand Souq Lahore, they aim to set new benchmarks in real estate marketing and urban development. With a shared commitment to excellence and innovation, both entities seek to elevate the retail experience and contribute to the socio-economic growth of Lahore.

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