{"id":63792,"date":"2020-04-08T12:43:47","date_gmt":"2020-04-08T07:43:47","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63792"},"modified":"2020-04-08T12:43:50","modified_gmt":"2020-04-08T07:43:50","slug":"lda-to-save-pkr-450-mn-in-projects-planned-in-2020-21","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-to-save-pkr-450-mn-in-projects-planned-in-2020-21.html","title":{"rendered":"Construction Sector Relief Package: LDA to save PKR 450 mn in projects planned during 2020-21"},"content":{"rendered":"\n<p>Lahore: Following the announcement of the Prime Minister (PM)\u2019s <a href=\"https:\/\/www.zameen.com\/news\/construction-sector-gets-historic-relief-package.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Relief Package (opens in a new tab)\">Relief Package<\/a> for the construction sector, the Lahore Development Authority (LDA) expects to save PKR 450 million in development projects planned for execution in 2020-21, according to a news source. <\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/deadline-submit-lda-city-development-charges-extended.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Deadline to submit LDA City development charges extended (opens in a new tab)\">Deadline to submit LDA City development charges extended<\/a><\/p>\n\n\n\n<p>The LDA had prepared its budget proposal for Fiscal Year\n2020-21 prior to the PM\u2019s declaration of April 3; with several modifications\ncurrently underway in light of the latter\u2019s framework (new provisions).<\/p>\n\n\n\n<p>As per details, the LDA will further be enabled to save on certain expenditures due to reduced fuel prices; while the construction sector tax reductions are also expected to boost developmental activities. <\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/lda-prepares-contingency-plan-tackle-covid-19.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"LDA prepares contingency plan to tackle COVID-19 (opens in a new tab)\">LDA prepares contingency plan to tackle COVID-19<\/a><\/p>\n\n\n\n<p>According to the details shared earlier by the authority, the\nLDA planned to execute the following projects during 2020-21:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Construction of Shahkam Chowk Flyover<\/li><li>Expansion of Canal Bank Road linking Harbanspura\nand Jallo<\/li><li>Construction of signal-free corridor connecting\nBarkat Market with Bhekhay Wala Mor<\/li><li>Rehabilitation of Data Nagar Flyover<\/li><li>Construction of LDA One-window Cell<\/li><li>Development of Shahdara Signal-Free Corridor<\/li><li>Construction of road linking Defence Road with\nKhaira Distributary<\/li><li>Construction of Southern Bypass connecting\nFerozepur Road and Ameer Chowk<\/li><li>Development of a road running parallel to Cantt\nDrain connecting Mall Road and Ferozepur Road<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Following the announcement of the Prime Minister (PM)\u2019s Relief Package for the construction sector, the Lahore Development Authority (LDA) expects to save PKR 450 million in development projects planned for execution in 2020-21, according to a news source. Read: Deadline to submit LDA City development charges extended The LDA had prepared its budget proposal for Fiscal Year 2020-21 prior to the PM\u2019s declaration of April 3; with several modifications currently underway in light of the latter\u2019s framework (new provisions). As per details, the LDA will further be enabled to save on certain expenditures due to reduced fuel prices; while the construction sector tax reductions are also expected to boost developmental activities. Read: LDA prepares contingency plan to tackle COVID-19 According to the details shared earlier by the authority, the LDA planned to execute the following projects during 2020-21: Construction of Shahkam Chowk Flyover Expansion of Canal Bank Road linking Harbanspura and Jallo Construction of signal-free corridor connecting Barkat Market with Bhekhay Wala Mor Rehabilitation of Data Nagar Flyover Construction of LDA One-window Cell Development of Shahdara Signal-Free Corridor Construction of road linking Defence Road with Khaira Distributary Construction of Southern Bypass connecting Ferozepur Road and Ameer Chowk Development of&hellip;<\/p>\n","protected":false},"author":18,"featured_media":60361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385,15016],"tags":[25554,25556],"persona":[],"class_list":{"0":"post-63792","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"category-new-developments","9":"tag-lda-projects-2020-21","10":"tag-lda-projects-planned-in-2020-21","11":"cat-20385-id","12":"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 save PKR 450 mn in projects planned in 2020-21 - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Following the announcement of the Prime Minister (PM)\u2019s Relief Package for the construction sector, the Lahore Development Authority\" \/>\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-save-pkr-450-mn-in-projects-planned-in-2020-21.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA to save PKR 450 mn in projects planned in 2020-21 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Following the announcement of the Prime Minister (PM)\u2019s Relief Package for the construction sector, the Lahore Development Authority\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-to-save-pkr-450-mn-in-projects-planned-in-2020-21.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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