DETAILS OF LDA CITY

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DETAILS OF LDA CITY

LDA City Lahore is the project of the Government of Punjab. It was planned in 2012 by Lahore Development Authority, and the selling of files started, but proper selling of files started in 2014 by Star Marketing that was hired by the authorized development partners of Lda city. Initially, there were five development partners i.e. Pak Group, Alfa Estate, Maymar Housing Services, Urban Developers, and Paragon Estate.

BACKGROUND OF LDA CITY  Details of LDA City

  • LDA City Lahore is the project of the Government of Punjab.
  • It was planned in 2012 by Lahore Development Authority, and the selling of files started, but proper selling of files started in 2014 by Star Marketing that was hired by the authorized development partners of Lda city.
  • Initially, there were five development partners i.e. Pak Group, Alfa Estate, Maymar Housing Services, Urban Developers, and Paragon Estate.

LDA City Lahore is located on Main Ferozepur Road, 1.5KM away from Gajjumatta Metro Bus Station Lahore. The southern loop of the Lahore Ring Road is passing through LDA City to link it to the Motorway and Multan Road

lda city loction

INFRASTRUCTURE OF LDA CITY

  • This Project recently has two sectors (Jinnah & Iqbal), which are further divided into blocks.
  • This project has wide roads (i.e. 300ft, 200ft, 150ft, 75ft & 40ft).
  • 200ft Chenab Road is being connected with Ring Road.
  • The main theme park in Jinnah sector 304.88 Kanal and 2-3 sub parks in every block.
  • There is a main commercial Hub and sub-commercial in blocks.

SECTORS/PHASES

1) JINNAH SECTOR
  • Jinnah sector road structure is almost complete and some blocks of this sector are near to possession. Recently, Lesco has announced two grid stations for electricity supply.
  • Total blocks of Jinnah Sector are 18.
  • Plot category are 05 Marla, 10 Marla, 01 Kanal, & 02 Kanal
2) IQBAL SECTOR
  • Iqbal sector is located up to the mark point because there are two interchanges of the ring road are located in the Iqbal sector area, which makes access very easy throughout Lahore.
  • Total blocks of Iqbal Sector are 08.
  • Plot category are 05 Marla, 10 Marla, 01 Kanal, & 02 Kanal
3) LDA CITY APARTMENTS
  • The Lahore Development Authority (LDA) has signed an agreement with the Bank of Punjab of PKR 10 billion for the construction of 4,000 apartments.
  • This project spans over an area of 800 Kanals.
  • Initially, six contractor companies had filed their bids for building another 256 apartments under package four of Phase-1.

BALLOTING DATES AND BALLOTED PLOTS DETAILS

There are three ballotings that have been held yet.

1)First Balloting was held on 30th November 2019.

  • Almost 9700 plots were Balloted. (In Jinnah Sector Only)

2)Second Balloting was held on 14th February 2020.

  • In this Balloting almost 308 plots were Ballot. (In Jinnah Sector Only)

3)Third Balloting was held on 4th September 2021.

  • Almost 3850 plots were Balloted. (In Jinnah Sector almost 2400 & in Iqbal Sector almost 1450)

UN-BALLOTED PLOTS DETAIL

JINNAH SECTOR

Almost two thousand plots are available in the Jinnah sector which will be included in the 4th balloting.

  • These are the blocks of the Jinnah sector which has un-balloted plots options. Almost 80% of options are available in A-1, B-1, G-1, and 20% of options are available in other blocks.
IQBAL SECTOR

Almost six thousand un-balloted plots are available in the Iqbal sector.

  • All blocks have un-balloted options which include AA, BB, CC, DD, EE, FF, GG, & HH Blocks.

ALLOTMENT AND POSSESSION OF RESIDENTIAL PLOTS

ALLOTMENT OF PLOTS
  • Plots allotment has been started in April 2021.
  • On the allotment letter, all details are mentioned including owners’ details (i.e. name, address, CNIC details, etc.) and plots related details (i.e. Sector, Block, Plot number, etc.)
POSSESSION OF PLOTS
  • Although there is no confirmed news regarding possession LDA is working on the delivery of the plots to the plot owners as soon as possible.
  • It might be possible that partial possession will be announced soon in the Jinnah sector.
COMMERCIAL PLOTS DETAILS
  • LDA City Lahore has recently launched the most awaited deal of commercial plots.
  • It is the most exciting deal of commercials, offering plots in easy installments.

The commercial plots for sale in LDA City Lahore are available in the sizes of:

  • 05 Marla
  • 08 Marla
  • 10 Marla
  • 15 Marla
  • 01 Kanal
  • 02 Kanal
  • 06 Kanal

Recently, 05, 07,10, & 15 Marla commercial launched by LDA.

The per Marla price of the plots is 31 Lac. This amount includes development charges too, which are  05 Lac per Marla.

  • The prices of Commercial Plots are:
  • 5 Marla: 1.55Crores
  • 8 Marla: 2.48Crores
  • 10 Marla: 3.10Crores
  • 15 Marla: 4.65Crores

COMMERCIAL PLOTS PAYMENT PLAN

lda city lahore

CURRENT SELLING/PURCHASING

RESIDENTIAL AND COMMERCIAL PLOTS

1)Residential Plots:

05 Marla, 10 Marla, 01 Kanal, & 02 Kanal

2)Commercial Plots:

05 Marla, 08 Marla, 10 Marla, & 15 Marla

RESIDENTIAL FRESH FILES (4th Balloting)

05 Marla, 10 Marla, & 01 Kanal

(These Files Will Be Balloted In Jinnah sector & Iqbal Sector)

CURRENT RATES

RESIDENTIAL PLOTS

Jinnah sector

  • 05 Marla ( 22 lac to 45 lac)
  • 10 Marla (43 lac to 65 lac)
  • 01 Kanal (75 lac to 125 lac)
  • 02 Kanal (350 lac to 400 lac)

Iqbal sector

  • 05 Marla ( 23 lac to 32 lac)
  • 10 Marla (42 lac to 50 lac)
  • 01 Kanal (70 lac to 90 lac)

Note: Rates depend on the location of the plot.

1st & 2nd Balloting plots have development charges while 3rd balloting plots development charges still not announced by Lda.

RESIDENTIAL FILES

Jinnah sector

  • 05 Marla (25 lac)
  • 10 Marla (45 lac)
  • 01 Kanal  (78 lac)

Iqbal sector

  • 05 Marla (22 lac)
  • 10 Marla (43 lac)
  • 01 Kanal (70 lac)

Note: These files will be included in the 4th balloting which will be held soon.

TRANSFER FEE FOR PLOTS AND FRESH FILES

lda city transfer charges
Transfer fee for commercial plots

Transfer fee for commercial plots

DEVELOPMENT CHARGES DETAILS FOR 1st AND 2nd BLLOTING PLOTS

DEVELOPMENT CHARGES

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