{"id":60918,"date":"2020-02-03T11:30:25","date_gmt":"2020-02-03T11:30:25","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=60918"},"modified":"2020-02-03T11:31:59","modified_gmt":"2020-02-03T11:31:59","slug":"ccp-lda-launch-investigation-against-58-housing-schemes","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ccp-lda-launch-investigation-against-58-housing-schemes.html","title":{"rendered":"CCP, LDA launch investigation against 58 housing schemes"},"content":{"rendered":"\n<p>Lahore: The Competition Commission of Pakistan (CCP), in collaboration with the <a rel=\"noreferrer noopener\" aria-label=\"Lahore Development Authority (LDA) (opens in a new tab)\" href=\"https:\/\/www.zameen.com\/news\/lda-specifies-processing-time-building-plan-approvals.html\" target=\"_blank\">Lahore Development Authority (LDA)<\/a>, has initiated a probe into reports of illegal marketing practices adopted by 58 housing schemes in the city, a news source reported.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/mda-sets-up-one-window-cell-to-facilitate-approvals-of-housing-schemes.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">MDA sets up one-window cell to facilitate approvals of housing schemes<\/a><\/p>\n\n\n\n<p>To this effect, the commission has issued notices to the managements of these schemes. It has initiated the \u2018enquiry under section 37(1) of the Competition Act, 2010 for prima facie, violation of section 10 of the act\u2019. According to officials, the owners of these housing societies have marketed their projects without seeking LDA\u2019s approval.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/notices-issued-to-123-illegal-housing-schemes-in-gujranwala.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Notices issued to 123 illegal housing schemes in Gujranwala (opens in a new tab)\">Notices issued to 123 illegal housing schemes in Gujranwala<\/a><\/p>\n\n\n\n<p>The federal institution has directed the owners of the societies to present the legal status of their projects, master plan, the exact location of the housing project, and the promotional material used since the inauguration of the project.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/records-rawalpindi-housing-schemes-digitised.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Records of Rawalpindi housing schemes to be digitised<\/a><\/p>\n\n\n\n<p>Moreover,\nit has sought the number and categories of plots offered so far to the public\nfor sale, details of scheduled payment, the total amount gathered against sales\nof plots, as well as audited financial and bank statements.<\/p>\n\n\n\n<p>The\nCCP has also directed the administrations of the housing societies to submit\ntheir replies by February 6 or face legal action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Competition Commission of Pakistan (CCP), in collaboration with the Lahore Development Authority (LDA), has initiated a probe into reports of illegal marketing practices adopted by 58 housing schemes in the city, a news source reported. Read: MDA sets up one-window cell to facilitate approvals of housing schemes To this effect, the commission has issued notices to the managements of these schemes. It has initiated the \u2018enquiry under section 37(1) of the Competition Act, 2010 for prima facie, violation of section 10 of the act\u2019. According to officials, the owners of these housing societies have marketed their projects without seeking LDA\u2019s approval. Read: Notices issued to 123 illegal housing schemes in Gujranwala The federal institution has directed the owners of the societies to present the legal status of their projects, master plan, the exact location of the housing project, and the promotional material used since the inauguration of the project. Read: Records of Rawalpindi housing schemes to be digitised Moreover, it has sought the number and categories of plots offered so far to the public for sale, details of scheduled payment, the total amount gathered against sales of plots, as well as audited financial and bank statements. The CCP&hellip;<\/p>\n","protected":false},"author":76,"featured_media":60361,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[17659,233,17658],"persona":[],"class_list":{"0":"post-60918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-illegal-marketing","8":"tag-lahore-development-authority","9":"tag-lda-probe-into-58-housing-schemes"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CCP, LDA launch investigation 58 housing schemes - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Competition Commission of Pakistan (CCP), in collaboration with the Lahore Development Authority (LDA), has initiated a probe into reports of\" \/>\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\/ccp-lda-launch-investigation-against-58-housing-schemes.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CCP, LDA launch investigation 58 housing schemes - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Competition Commission of Pakistan (CCP), in collaboration with the Lahore Development Authority (LDA), has initiated a probe into reports of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ccp-lda-launch-investigation-against-58-housing-schemes.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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