LAHORE– Director General Lahore Development Authority (LDA) Muhammad Usman Muozzam Thursday informed the file holders of LDA City will have to deposit only half of the development charges for their plots.
Talking to media during a visit to review status of land procurement and development works in the scheme, he said phase one of LDA City was being developed on an area of 13,000 kanals of land and development works on a chunk of 2000 kanals land had already been commenced, he added.
He further informed that a sum of Rs3 billion was being allocated in the new budget of LDA for carrying out development works in the scheme.
The Director General informed that central park of the scheme will be developed on 330 kanals land while a plot measuring 16 kanals had also been earmarked for construction of central mosque in the scheme near the under construction sports complex.
He told that a world class cricket stadium for blinds, a sports complex as well as model graveyard had already been set up on land included in LDA City.
He further told that for ensuring transparency and to safeguard proprietary rights of file holders, all the relevant record had been uploaded on LDA’s website www.lda.gop.pk.
The Director General revealed that LDA had decided to enhance exemption of plot to land owners of the area who would offer their land directly to LDA for this scheme.
LDA will provide them residential plots equal to 31 percent of the land offered by them. They will have to pay only 50 percent of the development charges, he added.
Additional Director General Urban Planning Rana Tikka Khan, Chief Engineer Mazhar Hussain Khan, Director LDA CITY Fahad Anees and other officers concerned besides the development partners Imran Ali Bhatti, Mian Tahir Javed, Malik Altaf, Mian Abdul Rasheed and Manager Zafar Mahmood Chishti were also present at this occasion.— PRESS RELEASE