New LDA Master Plan designed as per needs of industrial sector thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
PM to open 4,000 apartments’ construction project soon
Lahore
March 1, 2021
LAHORE:Lahore Development Authority (LDA) Vice-Chairman S M Imran has said the prime minister would inaugurate the the LDA project of building d 4,000 apartments near Halloki this week to provide affordable homes to the people with meagre resources under an easy installment plan.
Talking to journalists here on Sunday, he said the 4,000 apartments were the first brick in the edifice of 5 million homes under Prime Minister Imran Khan’s Naya Pakistan Housing Project on 8,500 kanals land near Halloki.
Elaborating on the 4000 apartments project of the LDA, SM Imran said the project was meant to provide a home to a common man and it would cost very less, adding that the LDA had called for tenders. The LDA vice-chairman said the joint venture of LDA and Naya Pakistan Housing and Development Authority (NAPHDA) would be funded by the banks as per the State Bank of Pakistan policy on Islamic banking, adding
LAHORE: Lahore Development Authority Vice-Chairman S M Imran has said the prime minister would inaugurate the the LDA project of building d 4,000 apartments near Halloki this week to provide.
Preference would be given to those who had applied to the Naya Pakistan Housing and Development Authority (NAPHDA) for houses some months ago. White Star/File
LAHORE: Lahore Development Authority (LDA) Vice Chairman S M Imran has said the cost of an apartment to be constructed under LDA City Naya Pakistan scheme will be around Rs2.7 million, and the allottee will have to pay Rs570,000 as down payment, out of which the government will give a subsidy of Rs300,000 per unit.
“The installments [of the remaining amount] will start after the owner is given possession of the apartment, which means the allottee will not pay anything during the first 18 months of the construction work”, Mr Imran said in a press release here on Sunday.
No installment for 18 months for Naya Pakistan scheme allottees - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.