ETPB leases out Haji Camp in Lahore at meager rates
- By Web Desk -
- Mar 25, 2017
LAHORE: Evacuee Trust Property Board (ETPB) has leased out land of Haji Camp located in central Lahore, ARY News reported on Saturday.
The prime land measuring 19 kanal and 11 marla has been leased at a meager rate of 500,000 rupees per kanal. The total premium of Rs 194 million is for a period 30 years which is extendable.
The market rate for lands in the vicinity and adjoining areas ranges between 1.2 million to 1.8 million per kanal.
The ETPB is reported to have leased the land to increase its income. This is also likely to affect training to Hajj pilgrims as suitable alternatives have not been provided for it.
Hajj applications for the current year will start next month, while the arrangement of an alternative Haji Camp will take several weeks.