Lahore: The Lahore Development Authority (LDA) has requested the advertising agencies, print, electronic and online media representatives and those related to the marketing business to ensure that real estate developments and projects they market have the related NOCs issued, according to publication. Advertising such projects is punishable act according to LDA Act 1975.
Those found marketing their projects with having an NOC can face legal charges, where they can also be penalised, while the LDA can also seal and demolish such illegal structures. And that’s in addition to filing a report against them in local police station.
The publication also recommends people looking to buy or selling property in projects falling in LDA’s jurisdiction to make sure that the advertisement regarding the project has its valid NOC number on it and all necessary details about the project are also explicitly mentioned.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
