{"id":67791,"date":"2019-09-18T12:57:28","date_gmt":"2019-09-18T12:57:28","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=67791"},"modified":"2020-09-14T04:48:19","modified_gmt":"2020-09-14T04:48:19","slug":"lda-city-plot-balloting","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/lda-city-plot-balloting.html","title":{"rendered":"Ballotting of Plots in LDA City"},"content":{"rendered":"\n

If you have stakes in LDA\u2019s latest development, LDA City<\/a>, you must be eagerly awaiting news about the next ballot. Well, the wait is over! Here is all you need to know about the plot balloting of LDA City, Lahore.<\/p>\n\n\n\n

Updates on LDA City\u2019s Plot Balloting<\/h2>\n\n\n\n
\"Payment
LDA City Features 5 Marla, 10 Marla, and 1 Kanal Plot Files for Sale<\/figcaption><\/figure>\n\n\n\n

After a successful ballot of 9,700 plot files in November 2019, a second plot allocation ballot for LDA City, Phase 1 – Jinnah Sector was held on the 14th of February 2020.<\/p>\n\n\n\n

Punjab Minister for Housing\ninaugurated the event, stating that LDA City was the \u2018city of the future\u2019 and\napplauded the LDA administration on their vigilance to complete the project in\na timely manner.<\/p>\n\n\n\n

Around 308 plots were awarded\nin the ballot for the files that were issued after December 2019. Out of these,\n51 files were of 1 kanal plots, 135 files were of 10 marla plots and 120 files were\nof 5 marla plots respectively. As with the earlier ballot, the results have\nbeen posted online and can be viewed on the LDA\u2019s official website. Moreover, all successful applicants will get a 50%\ndiscount on development charges.<\/p>\n\n\n\n

Another recent announcement also mentions that Zameen.com now holds the exclusive rights to sell LDA City’s plot files. With the new agreement in place, the rates of 5 marla, 10 marla, and 1 kanal residential plot files, which will be balloted in the following month, are PKR 23.95 lakh (5 marla), PKR 35.5 lakh (10 marla) and PKR 53.75 lakh (1 kanal).<\/p>\n\n\n\n

The recent ballots have brought relief for those individuals who were left waiting for more than a year for a confirmed ballot date. Initially, the ballot was planned and announced for February 2018, before being delayed for an unspecified period. A tentative date of 21st<\/sup> December had also been given, before an official announcement was made for the balloting, confirming 30th November 2019 as the final date for balloting.<\/p>\n\n\n\n

Plot Balloting of LDA City on 30th November 2019<\/h3>\n\n\n\n
\"LDA
Mark Your Calendars for 30th November!<\/figcaption><\/figure>\n\n\n\n

The ballot held in November used computerised distribution for the balloting of plots against exempted files, while transfer\/exemption letter requests were only entertained until the 16th<\/sup> of November. All proceedings towards the issuance of transfer\/exemption letters were to be completed by the 26th of November, with all the data being uploaded on LDA’s official website by 28th November.<\/p>\n\n\n\n

The 1st plot balloting of LDA City focused on the allocation of around 9,000 plots to exempted file holders, and the Punjab Information Technology Board (PITB) had been brought on board to ensure a transparent, organised, and computerised approach to the balloting of plots.<\/p>\n\n\n\n

This plot allocation ballot was only conducted for exempted plot file holders though, who had cleared all of their commercialisation dues, as no plot could be transferred without the dues being cleared beforehand, as per the standing orders issued by the DG LDA.<\/p>\n\n\n\n

Results of the 1st ballot held on 30th November 2019 are now available online on LDA’s official website and as of January 2020, the LDA is issuing allocation letters to all the successful plot holders since the design and draft of the allocation letters has been finalised.<\/p>\n\n\n\n

About LDA City<\/h2>\n\n\n\n
\"LDA
LDA’s location Makes Commute Easier for Its Residents<\/figcaption><\/figure>\n\n\n\n

LDA City<\/a> is expected to become the biggest housing development in Lahore after completion. Strategically located on Ferozepur Road<\/a>, the community is just a short distance from the last Metrobus station of Gajju Mata. The city is being planned as a modern urban development that will provide housing to more than 50,000 families. The project is spread across approximately 60,000 kanal.<\/p>\n\n\n\n

Since the LDA itself is supervising the project, it not only has the LDA\u2019s approval but the authority is also working with developers to ensure and evolve the standards of the supply of utilities, the sewerage system, and the public transport system within LDA City.<\/p>\n\n\n\n

Top Features of LDA City<\/h3>\n\n\n\n
\"LDA
LDA City Will Become One of the Largest Residential Communities Upon Completion
[Credits: Facebook\/LDA City]<\/figcaption><\/figure>\n\n\n\n

If you have considered buying a plot or investing in LDA City<\/a>, then here is what you\u2019ll get as part and parcel of your investment once the project is developed and the balloting of plots is completed:<\/p>\n\n\n\n