Royal Palm is being outsourced to Railways for which consultant firm has also been hired.
Work has been started on the preparation of business plan and preparation of tendering documents, while international quality companies will be invited to create an exemplary club which is expected to generate annual revenue of billions.
All progress on Royal Palm is being made in light of Supreme Court orders.
Earlier on June 29 of the last year, The Supreme Court has declared the 2001 lease agreement of the Royal Palm Golf and Country Club as void ab initio (unlawful from very beginning), giving its possession back to the Pakistan Railways with directive to run the club through a team of its officers or independent professionals.
Through a detailed judgement announced at the Lahore registry of the apex court on Friday, a three-judge bench directed a chartered accountancy firm already looking after the affairs of the club as the court-receiver to transfer management of the club to the PR in seven days.
The bench comprising Justice Sheikh Azmat Saeed, Justice Faisal Arab and Justice Ijazul Ahsan had reserved the verdict in April.