{"id":88804,"date":"2022-09-20T14:40:23","date_gmt":"2022-09-20T09:40:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88804"},"modified":"2022-09-20T14:40:28","modified_gmt":"2022-09-20T09:40:28","slug":"lda-reclassify-housing-schemes-revenue","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/lda-reclassify-housing-schemes-revenue.html","title":{"rendered":"LDA to reclassify housing schemes for revenue generation"},"content":{"rendered":"\n<p>Lahore: The Lahore Development Authority (LDA) has decided to reclassify land in various housing schemes across the city to increase revenue generation, news sources reported on September 20.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lda-land-use-rules-2020-finalised.html\" data-type=\"post\" data-id=\"70721\" target=\"_blank\" rel=\"noreferrer noopener\">LDA Land Use Rules 2020 finalised for promotion of construction activity<\/a><\/p>\n\n\n\n<p>The final decision for the approval of the new policy will be taken by the LDA governing body. As per the new plan, after the reclassification, LDA will generate PKR 50 billion from the sales of plots. Moreover, societies will be required to build civic centres and commercial marketplaces to boost business prospects and increase income generation. Meanwhile, the LDA will welcome traders and investors to participate in the initiatives.<\/p>\n\n\n\n<p>Furthermore, the housing complexes of <a href=\"https:\/\/www.zameen.com\/news\/epa-hearing-gulberg-defence-corridor.html\" data-type=\"post\" data-id=\"86030\" target=\"_blank\" rel=\"noreferrer noopener\">Gulberg and Garden T<\/a>own will be reclassified in the first phase, followed by Allama Iqbal Town, Quaid-e-Azam Town, and Faisal Town in the second phase.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/punjab-inaugurate-central-business-district.html\" data-type=\"post\" data-id=\"88781\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab to officially inaugurate Central Business District next month<\/a><\/p>\n\n\n\n<p>It is vital to note that the LDA has requested<a href=\"https:\/\/www.zameen.com\/news\/pdwp-approves-uplift-schemes-lahore-faisalabad-and-dg-khan.html\" data-type=\"post\" data-id=\"56670\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/pdwp-approves-uplift-schemes-lahore-faisalabad-and-dg-khan.html\" data-type=\"URL\" data-id=\"https:\/\/www.zameen.com\/news\/pdwp-approves-uplift-schemes-lahore-faisalabad-and-dg-khan.html\" target=\"_blank\" rel=\"noreferrer noopener\">significant funding<\/a> from the government in order to satisfy financial demands and fund ongoing development initiatives. The organisation has also opted to diversify its own resources in order to develop solid and long-term revenue streams. One of the ways the LDA has decided to proceed with their strategy is to reclassify land in various regions of the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Lahore Development Authority (LDA) has decided to reclassify land in various housing schemes across the city to increase revenue generation, news sources reported on September 20.\u00a0 Read: LDA Land Use Rules 2020 finalised for promotion of construction activity The final decision for the approval of the new policy will be taken by the LDA governing body. As per the new plan, after the reclassification, LDA will generate PKR 50 billion from the sales of plots. Moreover, societies will be required to build civic centres and commercial marketplaces to boost business prospects and increase income generation. Meanwhile, the LDA will welcome traders and investors to participate in the initiatives. Furthermore, the housing complexes of Gulberg and Garden Town will be reclassified in the first phase, followed by Allama Iqbal Town, Quaid-e-Azam Town, and Faisal Town in the second phase. Read: Punjab to officially inaugurate Central Business District next month It is vital to note that the LDA has requested significant funding from the government in order to satisfy financial demands and fund ongoing development initiatives. The organisation has also opted to diversify its own resources in order to develop solid and long-term revenue streams. One of the ways the&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[54147,54146,54145,54144,54143],"persona":[],"class_list":{"0":"post-88804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-lahore-land-news","9":"tag-land-develeopment","10":"tag-land-revenue-generation","11":"tag-lda-land-reclassification","12":"tag-lda-to-reclassify-housing-schemes-for-revenue-generation","13":"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 to reclassify housing schemes for revenue generation - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Lahore Development Authority (LDA) has decided to reclassify land in various housing schemes across the city to increase revenue generation,\" \/>\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-reclassify-housing-schemes-revenue.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDA to reclassify housing schemes for revenue generation - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Lahore Development Authority (LDA) has decided to reclassify land in various housing schemes across the city to increase revenue generation,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/lda-reclassify-housing-schemes-revenue.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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