The Lahore Development Authority (LDA) governing body has recently approved infrastructure development in LDA City, a housing scheme spanning over 60,000 kanals.
In a recent meeting held with LDA Vice Chairman Khawaja Ahmad in the chair, the participants discussed construction of a road from Gajju Matta to Kahna Katcha costing Rs 1.013 billion, a news source said. The meeting decided that the housing scheme would be linked to the Defence Road through an overpass, which is currently being constructed at the Katch Railway Crossing on Defence Road.
Now that the development of the LDA City has been approved, we should expect to see the project picking up speed in the near future. The project is being executed under public-private partnership and LDA has planned to complete the Phase I of the project within two years.
In my previous post on LDA City, I broke news about the last date for booking, April 9, and mentioning the date once again is a reminder for you to hurry up, as only two days are left for you to make your move.
For the instalment plans, you can refer to the previous post here.
Rest assured, we are keeping a keen eye on the project to update you on every development in the locality. Well, that is all for the day. We wish all the investors of the LDA City the very best of luck.
If you have any queries about the society in mind, please feel free to discuss them with us in the comments section below.
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AOA Zain,
Do you have any news that by when they will actually provide possessions to the owners. As some of my friends who have experience in property business are saying that it may take 4-5 years.
Please suggest…
Wa alaikumussalam,
Dear Mr Mohsin,
As i have stated in the post, the Phase I of the project is expected to be completed within two years, and only subtly we can say that with the completion of infrastructure development, possession will also be handed over to the allottees, but this is my personal thinking.
Rest ALLAH knows better.
Regards,
zain Nadeem
Dear Zain,
Many thanks for the information.
Infact, I already have paid down payment for 10 Marla. Now I am hoping for my friends to be wrong 🙂
– Thanks
Assalam o alaikum,
Dear Mr Mohsin,
Let’s just hope for the best. Have faith in ALLAH and everything will be good, InshaALLAH.
Regards,
zain Nadeem
Dear Za in bhai Aoa.
Though I posted this question elsewhere and waiting for reply.I take opportunity to post it here if you can reply.
My plot 1123-C in Ldaavenue one is in litigation with Islamic research scholars housing society.I was not lucky to get a plot in the recent two balloting s by the LDA.what is the price of my plot as of now and what are the plans of LDA for those whose plots are still litigation.
Is there a chance that they are shifted to LDAcity.
Kindly mention clearly the route and size of new road from Gajju Matta to Kahna Katcha which is being built for the cost Rs 1.013 billion,