LAHORE: The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, has officially launched its latest premium commercial project, “The Second Walk.” Positioned as the evolutionary successor to the highly successful “CBD Walk,” this new enclave on Route 47 (Main Boulevard Gulberg) offers a limited inventory of constructed retail plazas.
With a strictly limited inventory of just 20 units, the Authority has announced an electronic ballot system for allocation. The deadline for registration is November 28, 2025, creating a narrow window for high-net-worth investors and retail brands to secure a spot in Lahore’s most expensive commercial corridor.
A Shift in Strategy: Constructed Units, Not Plots
Unlike typical real estate launches that offer land files, “The Second Walk” is a Built-Up Property (BUP) offer. CBD Punjab is selling fully constructed commercial structures delivered in a “Shell & Core” state.
According to the official project dossier, the Authority will handle the heavy lifting of construction, delivering a building with a finished exterior, structural frame, and core utilities within one year.
What Buyers Get:
A completed structure comprising Basement + Ground + 2 Floors + Rooftop. This includes external facades, weather-tight doors/windows, and main entrance installations.
What Buyers Do:
The interior fit-outs—partitioning, flooring, false ceilings, and decor—are left to the buyer, allowing brands to customize the space to their specific aesthetic requirements.
Prime Location & Specifications
The project is situated in the CBD Quaid District, adjacent to the original CBD Walk and the upcoming CBD Lake, accessible directly from Kalma Chowk and Walton Road.
Unit Specifications:
- Inventory: 20 Units Only.
- Plot Size: 4 Marla (900 sq. ft. footprint).
- Total Covered Area: ~3,724 sq. ft.
- Configuration: Vertical commercial unit (Basement to Rooftop).
- Amenities: Dedicated parking, pedestrian-friendly walkways, and bistro areas.
below is the master plan of the second walk project:
Floor Area Breakdown:
- Basement: 900 sq. ft.
- Ground Floor: 900 sq. ft.
- 1st Floor: 767 sq. ft. (+300 sq. ft. Bistro area).
- 2nd Floor: 900 sq. ft.
- Rooftop: 257 sq. ft.
Pricing & Payment Plan
Reflecting the premium nature of the location and the “fast-track” delivery model, the pricing is fixed.
- Total Price: PKR 160,000,000 (16 Crore) per unit.
- Payment Duration: 1 Year.
- Rebate: A 10% discount is offered for buyers who pay the full amount upfront.
Official Payment Schedule:
| Milestone | Amount (PKR) | Timeline |
|---|---|---|
| Down Payment | 64,000,000 (40%) | At Booking (Adjustable) |
| 1st Quarterly Installment | 32,000,000 (20%) | Month 3 |
| 2nd Quarterly Installment | 32,000,000 (20%) | Month 6 |
| 3rd Quarterly Installment | 32,000,000 (20%) | Month 9 |
The Ballot Process: Critical Deadlines
CBD Punjab has emphasized transparency, opting for an electronic ballot to allocate the 20 units.
- Application Deadline: Thursday, November 28, 2025.
- Ballot Event: Monday, December 2, 2025 (02:00 PM).
Downloads
You may download the complete project brochure for complete project details, specifications, floor plans & maps of the Second Walk project. We have also attached the official application form & information memorandum in pdf form below:
- The Second Walk CBD Lahore Ballot Application Form
- The Second Walk CBD Lahore Brochure
- The Second Walk CBD Lahore Information Memorandum
Eligibility Criteria (Who Can Apply?)
This offer is available to all Pakistani nationals (including Overseas Pakistanis), registered companies, private firms, and partnerships with a valid NTN. Foreign nationals and companies may also apply subject to fulfillment of PCBDDA terms.
How to Apply:
Prospective applicants must submit a Non-Refundable Registration Fee of PKR 150,000. Additionally, a pay order of PKR 16 Million (10% of total price) is required as “Token Money” to enter the ballot.
Note: If the applicant is successful in the ballot, the 16 Million adjusts into the down payment. If unsuccessful, the pay order is returned.
Banking Details for Submission:
Bank: Bank Alfalah (Model Town Branch, Code 013).
Account Title: Punjab Central Business District Development Authority.
IBAN: PK90 ALFH 0137 0010 0787 0446.
Technical Deliverables
To ensure architectural uniformity in the district, CBD Punjab has defined strict “Shell & Core” standards:
- Exteriors: Fully finished by the Authority.
- Utilities: Mechanical shafts and electrical risers provided; water/electricity brought to external “tap-off” points.
- Elevators: Shafts are constructed, but the installation of the elevator cabin/machinery is the buyer’s responsibility.
Market Analysis
“The Second Walk” targets high-end retail brands, café chains, and corporate investors looking for ready-to-use assets rather than long-term land speculation. With a 1-year completion timeline, this project is positioned for immediate commercial utility, distinguishing it from other off-plan real estate files currently saturating the market.
For more information, applicants are advised to visit the PCBDDA head office or download the Second Walk Brochure & Information Memorandum attached above.
For Queries & Verification:
- UAN: 042-111-722-332 (Ext. 300)
- Email: [email protected]
- Address: CBD Punjab Complex, (Ex-Walton Airport), Yasir Shaheed Road, Lahore.
