LAHORE: The Punjab government has directed 12 public-sector institutions to compile and submit comprehensive details of vacant, unused, and underutilised state-owned residential and commercial properties as part of a broader strategy to achieve an ambitious revenue target of Rs500 billion for the upcoming fiscal year.
The directive was issued by the Housing, Urban Development and Public Health Engineering Department, which has contacted nine major development authorities across the province, including those operating in Lahore, Rawalpindi, Multan, Faisalabad, Sargodha, Bahawalpur, Gujranwala, Dera Ghazi Khan, and Koh-e-Suleman.
Additionally, the Ravi Urban Development Authority, the Punjab Housing and Planning Agency, and the Punjab Central Business District Development Authority have been included in the exercise.
According to the letter issued by the department, institutions are required to submit complete records not only of properties that remain vacant or underused, but also of state assets that have previously been sold, leased, auctioned, licensed, or otherwise utilised.
The scope of the survey further extends to identifying roads, corridors, and public areas with potential for commercialisation, accompanied by actionable recommendations for their possible use.
Each agency has been tasked with conducting a thorough assessment of land and property values within its jurisdiction, evaluating commercialisation prospects, and identifying concrete revenue-generation opportunities.
The institutions are also expected to prepare detailed action plans, complete with implementation timelines, to enable them to contribute meaningfully to their individually assigned revenue targets.
The initiative reflects the provincial government’s intent to activate dormant public assets rather than relying solely on conventional taxation measures to meet its fiscal obligations. By systematically cataloguing and monetising idle state properties, Punjab aims to create a sustainable and transparent mechanism for the utilisation of public resources.
Officials have indicated that the data collected through this exercise will form the foundation of a structured revenue mobilisation plan ahead of the next fiscal year.
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