Lahore: The Lahore Development Authority (LDA) recently issued the schedule for the collection of development charges from the 10,000 plot owners that were part of the two ballots that took place in November and February, according to a publication.
Reportedly, the first instalment in this regard has to be paid by April 7 and a 17.5% surcharge will be levied in case of late deposit. The LDA has already uploaded the challan forms for the submission of the development charges on its website. The plot owners are required to print four challan forms, which they can get by using their file number.
The development charges can be paid along with the challan form at any branch of Allied Bank around the country.
The plots cannot be transferred in the LDA’s records until the payment of development charges, which are to be paid quarterly instalments over a period of 2 years.
The total development charges to be collected include PKR 2.3 million from owners of 2-kanal plots; PKR 1.1 million for 1-kanal plots; PKR 690,000 for 10-marla plots; and PKR 400,000 for 5-marla plots.