Recently transformed from Residential to commercial in the early years of 2000s during the times of Mayor Miyan Amir Mehhmood, this area and many main roads of the city Lahore, all are thriving with businesses & success.
Banks like Bank Al-Habib, Allied Bank, HBL, Soneri Bank, Sindh Bank, NBP, Bank Alfalah etc. are the major Banking & Financial Institutions which have branches in Quaid Township.