Lahore: Lahore Development Authority (LDA) Vice Chairman S M Imran has shared the plans for LDA City’s Naya Pakistan Apartments project — with work on the initiative having already been launched on the directions of Prime Minister (PM) Imran Khan, a news source reported on July 26.
According to the details available, the LDA is going to construct 35,000 apartments under the project, and has allocated funds worth PKR 2 billion for its development in its budget for (Fiscal Year) FY2020-21. The apartments are going to be constructed on 8,500 kanals of land, with five different categories of plots to be developed. Moreover, the size of the apartments will range between 650 sq ft to 2,000 sq ft, and, during the initiative’s first phase, 4,000 apartments will be constructed on 800 kanals of land in mauza Halloki.
Reportedly, the prices of the apartments are going to be kept low so that they remain affordable for LDA employees and low-income groups. Additionally, the project is expected to be completed within two and a half to three years.
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