{"id":56119,"date":"2019-10-09T17:33:04","date_gmt":"2019-10-09T12:33:04","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56119"},"modified":"2020-12-04T15:10:04","modified_gmt":"2020-12-04T10:10:04","slug":"lda-to-impose-development-charges-in-its-housing-schemes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-to-impose-development-charges-in-its-housing-schemes.html","title":{"rendered":"LDA to impose development charges in its housing schemes"},"content":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) has decided to increase development charges in housing schemes that fall under its administrative control, according to a news source. This measure will help the authority to arrange the required PKR 5.5 billion in funds to complete its pending development projects.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/lda-uploads-draft-of-land-use-rules-2019-on-its-website.html\" target=\"_blank\" rel=\"noopener noreferrer\">LDA uploads draft of Land-use Rules 2019 on its website<\/a><\/p>\n<p>Reportedly, the Government of Punjab has been unable to issue funds for developments projects undertaken by the LDA. This is causing delays to the projects that have already faced several setbacks in the last few years. To solve this issue, the LDA has now decided to arrange for funds on its own.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/lda-new-building-regulations-guarantee-map-approval-15-days.html\">LDA new building regulations guarantee map approval in 15 days<\/a><\/p>\n<p>For this purpose, the authority will auction off its properties and flats, as well as impose development charges in its housing schemes, and retrieve security deposit fees from its contractors. The money collected from these sources will help complete the <a href=\"https:\/\/www.zameen.com\/news\/lda-dg-orders-road-repairs-patchwork-completion-by-oct-15.html\" target=\"_blank\" rel=\"noopener noreferrer\">development work<\/a> left pending on several LDA projects.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/development-charges-halved-for-lda-city-file-holders.html\">Development charges halved for LDA City file holders<\/a><\/p>\n<p>As per the sources within the LDA, the authority expects to collect PKR 2.25 billion via property auctions, PKR 2.49 billion through the imposition of development charges, and PKR 200 million from contractors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) has decided to increase development charges in housing schemes that fall under its administrative control, according to a news source. This measure will help the authority to arrange the required PKR 5.5 billion in funds to complete its pending development projects. Read:\u00a0LDA uploads draft of Land-use Rules 2019 on its website Reportedly, the Government of Punjab has been unable to issue funds for developments projects undertaken by the LDA. This is causing delays to the projects that have already faced several setbacks in the last few years. To solve this issue, the LDA has now decided to arrange for funds on its own. Read:\u00a0LDA new building regulations guarantee map approval in 15 days For this purpose, the authority will auction off its properties and flats, as well as impose development charges in its housing schemes, and retrieve security deposit fees from its contractors. The money collected from these sources will help complete the development work left pending on several LDA projects. Read:\u00a0Development charges halved for LDA City file holders As per the sources within the LDA, the authority expects to collect PKR 2.25 billion via property auctions, PKR 2.49 billion through the imposition of&hellip;<\/p>\n","protected":false},"author":18,"featured_media":47403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[13355],"persona":[],"class_list":{"0":"post-56119","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-lda-to-impose-development-charges-in-its-housing-schemes","9":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LDA to impose development charges in its housing schemes - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Lahore Development Authority (LDA) has decided to increase development charges in housing schemes that fall under its administrative control,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/lda-to-impose-development-charges-in-its-housing-schemes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA to impose development charges in its housing schemes - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Lahore Development Authority (LDA) has decided to increase development charges in housing schemes that fall under its administrative control,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-to-impose-development-charges-in-its-housing-schemes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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