LDA City New Pakistan Apartments
LDA City New Pakistan Apartments Project, Another Milestone Crossing
An agreement was signed between the Bank of Punjab and LDA
Director General LDA Ahmed Aziz Tarar and Group Head Bank of Punjab Umar Iqbal Sheikh signed the agreement. The agreement removes barriers to mortgage financing to LDA City New Pakistan Apartments allottees.
Lahore: LDA City New Pakistan Apartments Project, another milestone has been crossed. Ahmed Aziz Tarar, Director General, Lahore Development Authority, and Umar Iqbal Sheikh, Group Head Bank of Punjab signed the “Project Mortgage Deed” agreement.
On the occasion, Director General LDA Ahmed Aziz Tarar said that under the agreement, the allottees would be facilitated in financing from the banks.
The Director-General said that despite the increase in construction cost, it would not be a burden on the common man. This is the first project for which government resources are not being used. He said that the construction of LDA City New Pakistan Apartments would be completed on time.
Additional Director General Headquarters Farqalit Mir, Additional Director General Housing Qadeer Ahmad Bajwa, Director Finance Muhammad Akhtar, and other concerned officers were also present on the occasion.
December 10, 2021