{"id":66409,"date":"2020-06-10T11:17:40","date_gmt":"2020-06-10T06:17:40","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66409"},"modified":"2020-06-10T13:53:27","modified_gmt":"2020-06-10T08:53:27","slug":"lda-city-members-warned-of-fine-in-case-of-late-payments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-city-members-warned-of-fine-in-case-of-late-payments.html","title":{"rendered":"LDA City members warned of fines in case of late payments"},"content":{"rendered":"\n<p>Lahore: The Lahore Development Authority (LDA) on Sunday asked the allottees of plots in LDA City (Phase-I) to deposit the instalments of <a href=\"https:\/\/www.zameen.com\/news\/lda-city-development-charges-notification.html\" target=\"_blank\" rel=\"noreferrer noopener\">development charges<\/a> before the deadline (June 15) or face a mark-up fine of 17.5%, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-shares-stats-building-plans-approved-may.html\" target=\"_blank\" rel=\"noreferrer noopener\">LDA shares stats on building plans approved in May<\/a><\/p>\n\n\n\n<p>The warning was issued after the LDA decided against another deadline extension in the cut-off date (June 15) as the original deadline was April 7 \u2013 which was extended to accommodate LDA City members amid the ongoing countrywide coronavirus crises.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-city-phase-ii-land-acquisition-process.html\" target=\"_blank\" rel=\"noreferrer noopener\">Suggestions sought for initiating LDA City Phase II land acquisition process<\/a><\/p>\n\n\n\n<p>According to the LDA spokesperson, the authority has requested the LDA City members to make their payments on time to avoid the mark-up on late payments. He highlighted that late payments might slower the pace of the developmental work and escalation in developmental costs of the road network and other infrastructure. He added that it can also cause a delay in handing over the plots\u2019 possession to the allottees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) on Sunday asked the allottees of plots in LDA City (Phase-I) to deposit the instalments of development charges before the deadline (June 15) or face a mark-up fine of 17.5%, according to news sources. Read: LDA shares stats on building plans approved in May The warning was issued after the LDA decided against another deadline extension in the cut-off date (June 15) as the original deadline was April 7 \u2013 which was extended to accommodate LDA City members amid the ongoing countrywide coronavirus crises. Read: Suggestions sought for initiating LDA City Phase II land acquisition process According to the LDA spokesperson, the authority has requested the LDA City members to make their payments on time to avoid the mark-up on late payments. He highlighted that late payments might slower the pace of the developmental work and escalation in developmental costs of the road network and other infrastructure. He added that it can also cause a delay in handing over the plots\u2019 possession to the allottees.<\/p>\n","protected":false},"author":75,"featured_media":61352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,20385],"tags":[233,31252],"persona":[],"class_list":{"0":"post-66409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-development-projects","9":"tag-lahore-development-authority","10":"tag-lda-city-members-warned-of-fine-in-case-of-late-payments","11":"cat-15013-id","12":"cat-20385-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 members warned of fines in case of late payments - Zameen News<\/title>\n<meta name=\"description\" content=\"LDA asked the LDA City members to deposit the instalments of development charges before the deadline (June 15) or face a mark-up fine of 17.5%\" \/>\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-members-warned-of-fine-in-case-of-late-payments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA City members warned of fines in case of late payments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"LDA asked the LDA City members to deposit the instalments of development charges before the deadline (June 15) or face a mark-up fine of 17.5%\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-city-members-warned-of-fine-in-case-of-late-payments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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