LAHORE The Lahore Development Authority succeeded in selling out only 13 out of the 31 shops up for sale at the ground floor of newly-constructed Park & Ride Plaza at the Liberty Market in an open auction on Wednesday. The reserve price for the shops was set at Rs. 18,53,00,000 whereas these went for Rs. 21,14, 50,000. A total of 62 bidders deposited the pay orders worth Rs 1 million each for participating in the bid and all of them took part in the auction proceedings. For ensuring transparency in the proceedings, journalists were also present. The auction was telecast live. Members of the auction committee of LDA including acting Director General Hhafiz Ihsanul Haq, Additional Director General (Housing) Mansoor Qadir, Chief town Planner Waseem Ahmad Khan, Chief Engineer TEPA Saeed Ur Rahaman, Director Finance Zaheer Asghar Raana, Direcot Estate Management Ishtiaq Chaudhary, Director Land Development Tariq Masood supervised the auction proceedings. The Chief-Coordinator LDA, Amir Asghar Dar and Principal Staff Officer to the Chief Minister Kh Imran Raza, Finance and Health departments, District Officer Revenue and administrator of Gulberg Town were also present on the occasion. According to details, shop No G-1 of 222.00 square feet, reserve value was Rs 14,800,000 and sold value was Rs 20,200,000 while G-02 240.47 square feet reserve value was Rs 14,300,000 and sold value was Rs 19,300,000, G-03 235.30 sqft Rs 14,300,000 and Rs 14,900,000, G-05 183.96 sqft Rs 13,600,000 and Rs 16,025,000, G-07 185.19 sqft Rs 13,600,000 and Rs 13,800,000, G-13, 226.62 sqft Rs 15,100,000 and Rs 19,025,000, G-14 of 248.38 sqft Rs 14,500,000 and Rs 15,525,000, G-15 of 218.79 sqft Rs 12,900,000 and Rs 14,525,000, G-16 of 219.46 sqft Rs 13,300,000 and Rs 14,150,000, G-17 of 245.48 sqft Rs 14,500,000 and Rs 15,550,000, G-18 of 245.48 sqft and Rs 14,800,000 and Rs 14,900,000, G-19 of 222.58 sqft Rs 14,800,000 and Rs 17,000,000, G-20 of 221.87 sqft Rs 14,800,000 and Rs 16,550,000. The total reserve value of these shops was Rs 185,300,000 while total sold value was Rs 211,450,000.