{"id":61524,"date":"2020-02-16T10:25:00","date_gmt":"2020-02-16T05:25:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61524"},"modified":"2020-02-14T18:30:12","modified_gmt":"2020-02-14T13:30:12","slug":"lda-city-policy-chalked-transfer-commercial-plots","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-city-policy-chalked-transfer-commercial-plots.html","title":{"rendered":"LDA City: Policy chalked for transfer of commercial plots"},"content":{"rendered":"\n<p>Lahore: The authorities have decided the policy for the transfer of commercial plots in LDA City and the fees that will be collected for the purpose \u2013 a news source reported. The LDA City administration has decided to impose a non-refundable fee at the time of application for transfer. <\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/second-ballot-for-lda-city-phase-i-on-14th.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Second ballot for LDA City Phase-I to take place on Friday (opens in a new tab)\">Second ballot for LDA City Phase-I to take place on Friday<\/a><\/p>\n\n\n\n<p>The commercial plots will be allotted through ballot,\nauction, or under a joint venture. The fees for specific plots has been decided\nas follows:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"\"><tbody><tr><td>\n  <strong>Plot\n  Size<\/strong>\n  <\/td><td>\n  <strong>Non-refundable\n  Application Fee (PKR)<\/strong>\n  <\/td><\/tr><tr><td>\n  8 marla\n  <\/td><td>\n  10,000\n  <\/td><\/tr><tr><td>\n  9-15 marla\n  <\/td><td>\n  15,000\n  <\/td><\/tr><tr><td>\n  Greater than 15 marla\n  <\/td><td>\n  20,000\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Additionally, the allottees of the commercial plots will have to submit 20% of the unit\u2019s total price within a month\u2019s timeframe; with the allotment being cancelled in cases of non-submission. The remaining 80% can be paid in quarterly instalments over the next two years. A ten-percent discount is also being offered to buyers who make the lump-sum payment.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/lda-city-development-charges-collection-to-begin-soon.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"LDA City development charges at 50% discount to be collected soon (opens in a new tab)\">LDA City development charges at 50% discount to be collected soon<\/a><\/p>\n\n\n\n<p>Moreover, the allottee will be able to obtain possession at\n75% payment after the development has been completed. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The authorities have decided the policy for the transfer of commercial plots in LDA City and the fees that will be collected for the purpose \u2013 a news source reported. The LDA City administration has decided to impose a non-refundable fee at the time of application for transfer. Read: Second ballot for LDA City Phase-I to take place on Friday The commercial plots will be allotted through ballot, auction, or under a joint venture. The fees for specific plots has been decided as follows: Plot Size Non-refundable Application Fee (PKR) 8 marla 10,000 9-15 marla 15,000 Greater than 15 marla 20,000 Additionally, the allottees of the commercial plots will have to submit 20% of the unit\u2019s total price within a month\u2019s timeframe; with the allotment being cancelled in cases of non-submission. The remaining 80% can be paid in quarterly instalments over the next two years. A ten-percent discount is also being offered to buyers who make the lump-sum payment. Read: LDA City development charges at 50% discount to be collected soon Moreover, the allottee will be able to obtain possession at 75% payment after the development has been completed.<\/p>\n","protected":false},"author":57,"featured_media":61352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[19655],"persona":[],"class_list":{"0":"post-61524","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-lda-city-policy-chalked-for-transfer-of-commercial-plots","10":"cat-15016-id","11":"cat-15017-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 City: Policy chalked for transfer of commercial plots - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The authorities have decided the policy for the transfer of commercial plots in LDA City and the fees that will be collected for the purpose \u2013 a\" \/>\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-city-policy-chalked-transfer-commercial-plots.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA City: Policy chalked for transfer of commercial plots - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The authorities have decided the policy for the transfer of commercial plots in LDA City and the fees that will be collected for the purpose \u2013 a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-city-policy-chalked-transfer-commercial-plots.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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