Al-Kabir Chairman Chaudhry Aurangzeb Announces Elite Town Takeover in Lahore

Lahore: Al-Kabir Developers has announced the successful takeover of Elite Town, a housing project located on Main Ferozepur Road, marking a new addition to the company’s real estate portfolio.According to the company’s announcement, the takeover has been carried out under the leadership of Al-Kabir Group Chairman Chaudhry Aurangzeb.Following the announcement, the company’s CEO, senior executives and other team members visited the Elite Town site to review the project and discuss its future development.Al-Kabir Developers described the move as another step in its business expansion and expressed its commitment to improving the project’s development and management.Elite Town is located along Lahore’s Ferozepur Road corridor, an important route connecting residential and commercial areas of the city.However, the company has not disclosed the financial value of the takeover, its detailed ownership arrangements, a revised development plan or a confirmed timeline for future work.The takeover is a company-announced development. Independent confirmation of the legal transfer and the housing scheme’s current approval status remains necessary.