\nAccording to news, those housing societies, which are not completed within the stipulated time, have been taken over by the Lahore Development Authority (LDA). LDA is planning to set up a directorate, which would execute their overdue development work. To signify LDA\u2019s seriousness to finish the incomplete work, a decision in the meeting has been taken to sell the plots mortgaged with the LDA in an auction. The funds collected, would be used to complete the work in progress.\n<\/p>\n
\nAhad Khan Cheema, the District co-ordination Office Chairman LDA chaired the meeting and the Director General, Managing Director, Additional Director General, Chief Engineer of the LDA attended the meeting. Besides that, the representatives of housing, finance, P&D departments, and provincial local government along with the administrators of the City District were also present in the meeting.\n<\/p>\n
\nThe directorate will not be set up with additional cost. No vacancies would be created and the directorate would be constituted by shifting staff from the other directorates. This directorate would be led by a 19 grade officer, Director Engineering. The officers having deputy director and assistant director ranks from engineering and real estate management directorates and town and metropolitan planning wings from other directorates would be shifted to this decorate.\n<\/p>\n
\nThe directorate would also keep a tab on the progress of private housing societies in which developmental tasks are already being carried out by developers to check the quality and standard of work. LDA was already carrying out the work in Venus Housing Schemes on the order of the Supreme Court from the funds accumulated on auctioning mortgaged plots. Preliminary proceedings have been started by the LDA to execute the development work on 21 private housing schemes in the City.<\/p>\n","protected":false},"excerpt":{"rendered":"
\nAccording to news, those housing societies, which are not completed within the stipulated time, have been taken over by the Lahore Development<\/p>\n","protected":false},"author":1,"featured_media":2517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"persona":[],"class_list":["post-2516","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":[],"yoast_head":"\n