{"id":73306,"date":"2021-01-08T17:47:00","date_gmt":"2021-01-08T12:47:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=73306"},"modified":"2021-01-08T17:47:05","modified_gmt":"2021-01-08T12:47:05","slug":"banks-to-facilitate-80-payments-of-lda-city-apartments","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/banks-to-facilitate-80-payments-of-lda-city-apartments.html","title":{"rendered":"Banks to facilitate 80% payments of LDA City NPHP apartments for LDA employees"},"content":{"rendered":"\n<p>Lahore: The Lahore Development Authority (LDA) and private banks have finalised matters regarding the mortgage policy on purchase of low-cost apartment units being developed in LDA City for the development authority\u2019s employees, according to news shared in a newspaper today (January 8). The apartments are part of the government\u2019s flagship Naya Pakistan Housing Programme (NPHP).<\/p>\n\n\n\n<p>Under first phase of this project, a total of 4,000 apartments will be developed for LDA employees. Reportedly, the financial model for the mortgage policy has already been finalised. As per this model, banks will provide financial assistance of up to 80% of the unit\u2019s total price. The news source further reported that home loan under this agreement will be offered at 5% markup.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-city-apartments-price-payment-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Buzdar reveals price, payment plan for NPHP apartments in LDA City<\/a><\/p>\n\n\n\n<p>Reportedly, the process to acquire land for development of these low-cost apartment has already begun.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) and private banks have finalised matters regarding the mortgage policy on purchase of low-cost apartment units being developed in LDA City for the development authority\u2019s employees, according to news shared in a newspaper today (January 8). The apartments are part of the government\u2019s flagship Naya Pakistan Housing Programme (NPHP). Under first phase of this project, a total of 4,000 apartments will be developed for LDA employees. Reportedly, the financial model for the mortgage policy has already been finalised. As per this model, banks will provide financial assistance of up to 80% of the unit\u2019s total price. The news source further reported that home loan under this agreement will be offered at 5% markup. Read: Buzdar reveals price, payment plan for NPHP apartments in LDA City Reportedly, the process to acquire land for development of these low-cost apartment has already begun.<\/p>\n","protected":false},"author":18,"featured_media":60347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[44886,44882,44884,44883],"persona":[],"class_list":{"0":"post-73306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-banks-to-facilitate-80-payments-of-lda-city-nphp-apartments-for-lda-employees","9":"tag-home-loan-policy-for-lda-city-apartments","10":"tag-low-cost-apartments-in-lahore","11":"tag-price-of-lda-city-apartments","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>Banks to facilitate 80% payments of LDA City apartments - Zameen News<\/title>\n<meta name=\"description\" content=\"Under first phase of this project, a total of 4,000 apartments will be developed for LDA employees. Reportedly, the financial model for the mortgage...\" \/>\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\/banks-to-facilitate-80-payments-of-lda-city-apartments.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks to facilitate 80% payments of LDA City apartments - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Under first phase of this project, a total of 4,000 apartments will be developed for LDA employees. Reportedly, the financial model for the mortgage...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/banks-to-facilitate-80-payments-of-lda-city-apartments.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-08T12:47:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-08T12:47:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/LDA-Logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banks to facilitate 80% payments of LDA City apartments - Zameen News","description":"Under first phase of this project, a total of 4,000 apartments will be developed for LDA employees. 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