A total of five plots, including four commercial and one residential sites, were auctioned for a sum of Rs 43.6 million by the Lahore Development Authority (LDA) on Wednesday. Open auction of these plots was held in LDA Community Centre; auction committee of LDA comprising of Director Finance, Director Estate Management and Director Land Development[…]

LAHORE: The Lahore Development Authority (LDA) has established a separate directorate for executing development works in private housing schemes that fail to accomplish those tasks. The funds raised through the auction of plots mortgaged with the LDA will be used for the development work in the housing society in question.

LAHORE: Developers of private housing societies in the metropolis are trapping and defrauding customers by taking advantage of insufficient laws and lengthy and complicated agreements. Daily Times has learnt that the developers of most of the private housing societies mislead, deceive and loot people under legal cover in a number of ways. “Some of the[…]

LAHORE: The Lahore Development Authority (LDA) has decided to acquire possession of mortgaged plots located in 21 private housing schemes, including Punjab Government Servants Housing Scheme Foundation, Overseas Pakistani Foundation’s Farm Housing Scheme and Ravians Co-operative Housing Scheme.