Buyers Beware – LDA Spots Illegal Housing SchemesTuesday, August 28, 2012
On Monday, 27th Aug, 2012, Lahore Development Authority warned the buyers against the illegal residential schemes located in LDA’s jurisdictions. The authority advised buyers, investors and the general public at large not to invest in Munir Gardens, Green Avenue Housing Scheme, Lalazar Gardens, Yousuf Town, and Mian Farm Houses.
According to the spokesperson of LDA, the mentioned schemes have breached LDA rules. The authority has ordered the developers and owners of these housing societies to stop the selling of plots and housing in these societies or LDA would take legal action against them.
The spokesperson also said that buyers and investors interested in commercial or residential properties in different housing schemes of Lahore should check their approval status and get the documents verified from LDA before investing their hard earned money in any scheme.