Lahore: The Lahore Development Authority (LDA) on Wednesday decided to hold the third ballot of files for LDA City after Eid-al-Fitr, according to news sources.
The said announcement was made after a meeting was held under the chairmanship of LDA Additional Director General (Urban Planning) Rana Tika Khan at the authority’s head office. Mr Khan also said that all files of LDA City Phase-I will be included in this third ballot. The meeting was attended by several high-ranking officials of the authority.
Moreover, the authority has conducted the ballot of 2,000 LDA City Naya Pakistan Apartments for the government employees with a monthly income of up to PKR 50,000. The authority has communicated that the Bank of Punjab will reach out to the allottees itself for the issuance of the Letter of Comfort. However, the ballot for an additional subsidy of PKR 300,000 from Naya Pakistan Housing & Development Authority (NAPHDA) for these apartments will be executed within the coming weeks. The winners of this subsidy offer will only have to deposit a 10% downpayment for their LDA City Naya Pakistan Apartments.