If you have stakes in LDA’s latest development, LDA City, you must be eagerly awaiting news about the next ballot. Well, the wait is over! Here is all you need to know about the plot balloting of LDA City, Lahore.
Updates on LDA City’s Plot Balloting
After a successful ballot of 9,700 plot files in November 2019, a second plot allocation ballot for LDA City, Phase 1 – Jinnah Sector was held on the 14th of February 2020.
Punjab Minister for Housing inaugurated the event, stating that LDA City was the ‘city of the future’ and applauded the LDA administration on their vigilance to complete the project in a timely manner.
Around 308 plots were awarded in the ballot for the files that were issued after December 2019. Out of these, 51 files were of 1 kanal plots, 135 files were of 10 marla plots and 120 files were of 5 marla plots respectively. As with the earlier ballot, the results have been posted online and can be viewed on the LDA’s official website. Moreover, all successful applicants will get a 50% discount on development charges.
Another recent announcement also mentions that Zameen.com now holds the exclusive rights to sell LDA City’s plot files. With the new agreement in place, the rates of 5 marla, 10 marla, and 1 kanal residential plot files, which will be balloted in the following month, are PKR 23.95 lakh (5 marla), PKR 35.5 lakh (10 marla) and PKR 53.75 lakh (1 kanal).
The recent ballots have brought relief for those individuals who were left waiting for more than a year for a confirmed ballot date. Initially, the ballot was planned and announced for February 2018, before being delayed for an unspecified period. A tentative date of 21st December had also been given, before an official announcement was made for the balloting, confirming 30th November 2019 as the final date for balloting.
Plot Balloting of LDA City on 30th November 2019
The ballot held in November used computerised distribution for the balloting of plots against exempted files, while transfer/exemption letter requests were only entertained until the 16th of November. All proceedings towards the issuance of transfer/exemption letters were to be completed by the 26th of November, with all the data being uploaded on LDA’s official website by 28th November.
The 1st plot balloting of LDA City focused on the allocation of around 9,000 plots to exempted file holders, and the Punjab Information Technology Board (PITB) had been brought on board to ensure a transparent, organised, and computerised approach to the balloting of plots.
This plot allocation ballot was only conducted for exempted plot file holders though, who had cleared all of their commercialisation dues, as no plot could be transferred without the dues being cleared beforehand, as per the standing orders issued by the DG LDA.
Results of the 1st ballot held on 30th November 2019 are now available online on LDA’s official website and as of January 2020, the LDA is issuing allocation letters to all the successful plot holders since the design and draft of the allocation letters has been finalised.
About LDA City
LDA City is expected to become the biggest housing development in Lahore after completion. Strategically located on Ferozepur Road, the community is just a short distance from the last Metrobus station of Gajju Mata. The city is being planned as a modern urban development that will provide housing to more than 50,000 families. The project is spread across approximately 60,000 kanal.
Since the LDA itself is supervising the project, it not only has the LDA’s approval but the authority is also working with developers to ensure and evolve the standards of the supply of utilities, the sewerage system, and the public transport system within LDA City.
Top Features of LDA City
[Credits: Facebook/LDA City]
If you have considered buying a plot or investing in LDA City, then here is what you’ll get as part and parcel of your investment once the project is developed and the balloting of plots is completed:
- Well-planned residential community
- Easy commute via the Metro Bus
- Elite standards of living
- 24/7 security systems
- 300-feet main road
- Community centre
- Mosques
- Parks
- Cineplex
- Mini-zoo
- Theme park
- Sports complex
- Central business district
- Shopping malls and hypermarkets
- An 18-hole golf course of international standards
What LDA City’s Phase 1 Has to Offer?
LDA City’s Phase 1 covers around 13,000 kanal and can provide residence to almost 11,500 families. Besides being built along the central boulevard, Phase 1 of LDA City will also be home to two commercial districts, a beautifully landscaped canal linear park, as well as schools, colleges, mosques, and healthcare facilities.
A 300-kanal theme park, a shopping mall with a Cineplex, a sports complex, and a cricket stadium are additional amenities that residents of Phase 1 will be able to enjoy at a short distance. Each sector/block within the phase will also be home to small commercial centres where everyday groceries can be purchased conveniently.
If you’ve already purchased a plot file for LDA City, you can conveniently check its authenticity and records online. In order to ensure transparency and to safeguard the property rights of all the plot file holders, LDA has provided access to LDA City file status, which you can use to check your records on their official website. This is where you will enter the file number.
[Credit: Website of Lahore Development Authority]
About the Developer
[Credits: Facebook/Pakgroup-pakestate]
LDA City is being developed by Pak Group, which has successfully launched and completed several urban development projects over the years. It is also the name behind the development of DHA Phase 11 (Rahbar) in Lahore. The company aims to provide modern living accommodations to property and residence-seekers at low costs and has partnered with the LDA to bring one of the largest residential settlements, not just in Lahore, but also in Pakistan to life.
Alpha Estate, Urban Developers, and Maymar Housing Services have also partnered with the LDA for the development of this project.
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