I am neither a correspondent of the Lahore Development Authority (LDA) nor do I work for them; however, what I am observing is that the LDA seems to be really serious about LDA City. It appears as if the civic authority has learnt a lesson or two from the fiasco that was (and for the most part, still is) LDA Avenue I, where allottees still await possession since the inception of the project more than a decade ago.
Update: The LDA plans to buy trouble-free land for LDA City.
According to a news source, the authority has decided to acquire six entire villages to avoid litigation issues in future. With this decision, LDA City will now span 61,000 kanals instead of the 45,000 kanals that were marketed in the start.
I am not really sure about the future prospects of LDA City at the moment, but the fact that the southern loop of the Lahore Ring Road will pass through the society to link it to the M2 Motorway and Multan Road gives it some potential if the LDA plays its cards right this time.
The news source I am quoting stated further that the LDA would acquire the following villages whole: Rakh Jhedu, Sidhar, Kahna Kacha, They Panju, Toor Warraich, and Halloki. The authority has a lot riding on LDA City, and to make extra sure that nothing goes wrong, the development work is slated to begin only after the land in question has been acquired completely by the LDA.
While this is a good step, I am ever the naysayer, and still have reservations about the possible dearth of agricultural acreage this will cause. The LDA needs to be very mindful of the fact that this land belongs largely to poor farmers, who it should take care to compensate justly.
And what about LDA Avenue I?
According to an LDA official, the authority is handing over block-to-block possession in LDA Avenue I. The process is almost complete in C-Block and D-Block is next, where the allottees will be given possession starting next week.
If you have any query about LDA City or LDA Avenue I in mind, let’s start a discussion in the comments section below. I’d be glad to help you all in any way I can.
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Dear Zain,
Please give when is LEA going to sell or ballot plots in LEA city.what is average price in Avenue one plots.
Regards
M.parvez. parvez
Assalam o alaikum,
You can buy property files in the LDA City, however, the LDA has not come forward with any official news on balloting of plots. What i have learnt is that the LDA is currently purchasing land and development will not be started until the LDA gets the ownership of land.
And the prices of plots in LDA Avenue I vary largely, depending on the location of plots and litigation status. You can find a good location plot for more than 1 crore and some plots of the same size also hover between Rs 60 lac to 70 lac.
So, the prices vary as per location.
Regards,
zain Nadeem
LDA is serious only to sell its plots and once sold they will be least bothered to give possession. In LDA avenue-1 even after 11 years thousand of plot owners are waiting for their possession. Even in LDA avenue efforts are being done due to make market for LDA city.
Dont get in trap for LDA city. It will take 15 years at least to mature, all investing will beg for its delivery.
LDA city will mature after 15 years. See LDA avenue even after 12 year thousands are without plots.
So what is your information that when the entire possession of LDA-1 will be given to the allottees, and whether the late handing over possession to the allottee will have any effect on real estate working in this region.
Assalam o alaikum,
Dear Mr Abid,
LDA is handing over block to block possession in the LDA Avenue I. I recently visited the site, and figured out that the LDA had opened an office there. I think, people should visit that office and ask the authority about the status of their plots.
I also witnessed that the society was complete with proper road infrastructure and electrification net. I think the litigation issues are keeping the authority from handing over possession of the entire scheme
Regards,
zain Nadeem
When the possession in LDA Avenue “J” Block is xpected ? and what the impact of possession on plot prices ??
Assalam o alaikum,
Dear Mr Asim,
Block-to-block possession is being provided in LDA Avenue I. Lets just hope that the J Block will get its turn soon.
Regards,
zain Nadeem
Dear Sir,
Can you please advise when LDA is releasing the possession of LDA Avenue 1 Block B.
Thanks
As per my knowledge is concerned, Block A and B are complete and no big litigation issues prevail there. I don’t understand, why LDA is not handing over possession at its earliest.
Lets just hope that these blocks will get possession soon.
Do you have any plot in B Block?
Regards,
zain Nadeem
Dear Sir,
what is the future of Citi housing Society Phase II, Gujranwala, is it an approved scheme or it is not advisable to deal in the scheme, please advise…
Assalam o alaikum,
Dear Mr Atif,
I didn’t find City Housing Phase II in the list of housing societies declared illegal by the Lahore Development Authority.
However, if you want to invest there, i can try to grab further information on the society.
Regards,
zain Nadeem
Dear Mr. Zain.
Do you have any information about Eden Land Housing Scheme located at Firoz pur road .
What is the future of this scheme?
Your detailed response will be appreciated.
Thanks & best regards
Ghulam Ali
Dear Mr Ali,
Let me do some research on Eden Land Scheme first, and I’ll get back to it after a while inshaALLAH…
Regards,
zain Nadeem
My dear zain Nadeem.
AOA. In response to my last post you had
Very kindly intimated that a factory was
Built on my plot B-240.now when the
Possession are being handed over to the
allot ties,I fail to understand as to how
would they deal with my plot? Who’s
responsibility is to vacate the plot? Is it mine
or the LDA authorities ? Please put me wise
On the subject. Thanks. With best wishes
Fida khan .
Wa alaikumussalam,
Dear Mr Fida,
The LDA has released the lists of clear plots in C/D blocks of the Avenue I. B Block possession has not been announced as yet.
InshaALLAH, i shall keep on updating the readers about LDA Avenue I.
I think you should wait and watch.
Regards,
zain Nadeem
LDA is still selling files and the rates fluctuate according to the simple economic rules of supply and demand. As the society nears possession the rates are bound to go up.
Assalam o alaikum,
Dear Mr Umer,
Thank you for your feedback. If you have any other information, kindly share it with us.
Regards,
zain Nadeem
AOA, Zain Nadeem:
I am considering making a Rs. 1.5 – 2.0 mil investment in plots in Lahore with long-term view (3-10 years). LDA City is one project that has attracted my attention. However, during my initial research, I have been advised by most people to explore other avenues and not to focus on LDA City.
I have been particularly recommended DHA Rahbar Phase II Extension, Lake City and State Life Phase II.
I would greatly appreciate and value your expert opinion in this regards.
I have also made a sour investment in DHA City EME Sector with no hope of any good news in near future. Kindly suggest if I should retain it with the hope of potential gain in future, or dispose it and invest in other available options?
Wa alaikumussalam,
That depends on whether you want to invest for long- or short-term. If you are looking forward to investing for long-term, i think LDA City is a good investment. According to my research on LDA City, the authority is taking good measures to make the project successful in future, avoiding any litigation issues.
Rest ALLAH knows better.
Regards,
zain Nadeem
please please advise I am desperately looking to invest in Lahore ,Islamabad where I can get good return in 2 to 3 years .i am looking for investment opportunities of residential plots please advise thanks
Assalam o alaikum,
Dear Umma,
For 2 to 3 years, you can invest in DHA Lahore phase 9.
However, in Islamabad, you should invest in any society near the proposed site of the New Airport. I was talking to an expert lately, who told me about the development status of F-17/2. I think, you should also think about investing in F-17/2. However, keep societies near Islamabad Airport on priority.
Rest ALLAH knows better.
Regards,
zain Nadeem
Assalam u alykum
Any rough idea when Government will ask for applications for LDA city allotments?
Will it be targeted for low income people, like the terms that they have set for current scheme Ashiyana Iqbal flats at barki road?
Thank you
Dear Mr. Zain
What is procedure of buying a plot in LDA City and what do you expect that the society would be developed enough to reside.
dear Mr. zain Nadem,
would you suggest to invest in LDA city? should the files be bought?
Dear Mr zain Nadeem,
would you suggest to invest in the LDA city. what would you expect after one year.
Respected Sir,
I am a housewife and few months ago i booked a 10 marlas plot for future purpose. recently i came to know about the court case against LDA and now i am very much worried. I am confused whether to surrender the plot or continue paying the installments!
Kindly let me know as soon as possible!
Thanks
Aoa,
If you do not need money, I would suggest you hold your plot file. I hope you have the file with LDA letter.
Lahore Ring Road will pass from somewhere near LDA City. I believe the prices will increase once the development work has been completed.
Rest ALLAH knows better.
Let me know if you need further assistance. You can also email me at zain ‘dot’ nadeem ‘at’ zameen ‘dot’ com
Dear Sir,
Will you let me know when actually lda city will handover possession to buyers.
and what you think why lda city development work will start in fast track even history of lda in avenue remain poor .
Assalam o alaikum,
Dear Sir
I have 15 Lacks. I want invest this amount in Lahore for 5 year in Plots (And also interested to Make Home). Plz suggested me About Housing Schemes in Lahore .What is Ur Opinion about LDA City and DHA.or other option .OK.Thanks.Waiting of Ur Reply.
sir,
can you forecast the expected time for ballotting in lda city, how much land has been acquired as yet by LDA if you hve any info.
thanks.
Sir,
I heard that NAB is investing LDA City project , can you please update the current status of the LDA City project. Many my friends are very worried about the LDA City project.
Regards
Barkaat
According to my source of information, NAB has termed LDA City a clear project. If you have a file, I would suggest you visit LDA’s website and check the status of your file by entering required information.
You can also email me at: zain ‘dot’ nadeem ‘at’ zameen ‘dot’ com
what is future of lda city beacuse my installments are going to complete soon but still nothing visible??
Is lahore motorway city is authentic housig scheme and is it good to invest over there kindly guide me ??
Ibrahim,
If would suggest you hold your investment in LDA City if you do not need money. In my view, prices will increase in the society after the Lahore Ring Road’s southern route has been completed.
At the same time, I suggest you keep an eye on price trends in order to take the right decision at the right time.
Yesterday’s rate of 5-marla file with LDA letter is around PKR 11 lacs.
Rest ALLAH knows better.
you can also email me at zain ‘dot’ nadeem ‘at’ zameen ‘dot’ com.
This is not a good Investment at all. Always invest in Real Estate