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27 March, 2018

LDA CITY Lahore Development and Balloting Updates

Property News

LDA City is the largest Ever Housing project of Lahore Development Authority and the province of Punjab that covers over 60,000 Kanals of land along with the promise of housing nearly 50,000 families. The developers of LDA City are Paragon City Pvt Ltd, Alpha Estate, Urban Developers and Maymar.  LDA City promises to have all the modern amenities and high standards facilities such as Five Star Hotels, Shopping Malls, Mini Zoo, Jamia Mosque combined with a massive 18 Hole Standard Golf Course. 

LDA City Planning and Designing
 The town planning & designing is led by internationally recognized Osmani Pvt Company and Professor Spiro N. Pollalis of Harvard University is heading the team. LDA City is an attractive investment opportunity due to its low plot prices at the moment with expected high returns in the future. The town plan envisions about 42-45% of residential accommodation and 7-10% of commercial areas. The remaining land is exclusively dedicated to roads and parks & open areas which will beautify the whole ambiance of the society. LDA City is an elegant town that features all top notch utilities and state of the art utilities that will surely provide outstanding living experience to all residents.

Location of LDA City
LDA City is located at Main Ferozpur Road, alongside the Southern arc of Lahore Ring Road at the walking distance from the Terminal Station of Metro Bus Service (Gaju Mata).  It is only 13 minutes’ drive from Kalma Chowk and 15 minutes’ drive from Allama Iqbal International Airport. LDA City has two major entrances one from Ferozpur Road Interchange and the other from Rasoolpur Interchange. It is superbly located in the heart of Lahore with a direct approach from multiple routes and nestled among famous housing societies.

The Latest Development Status in LDA City 
 The development of LDA City has commenced and going on at a satisfactory pace with the installation of sewerage lines & Water system, landscaping, electricity infrastructure and the demarcation of residential & Commercial plots underway. About 90% of sewerage work and underground electrification is on-ground now and built with some of the finest import-quality material as per the International Standards. 
There are 3 sectors in LDA City and the development activities in each phase have actively begun. A 180 Feet wide road leading from Ferozpur Road to the main gate of LDA City has been completed at a total cost of Rs.1.13 billion. Another 150 feet road leading to the society from Defence Road is currently under construction. The construction of lush gardens & side plantation has also begun so as to enhance the outlook & beauty of the community. After the completion of Kacha Road and Haloki Road, the access to LDA City has become further facilitated. 
The intersection of Lahore Ring Road Southern Loop is another big incentive for the scheme as the property prices will tend to increase due to easy accessibility to town making the whole project more appealing. The announcement of balloting will further make the plots pricier so investing in LDA City right now is smarter & valuable.

LDA City Balloting News
LDA City balloting results are expected to be released in mid-March 2018 by the LDA City Administration but nothing is officially confirmed as yet. The exact date of balloting remains unknown but the plot file owners of LDA City Lahore are recommended to get their plot files status confirmed. The Balloting results will only include 5 Marla, 10 Marla and 1 Kanal Plot files of LDA City Lahore. Balloting of nearly 6000 plot files will be conducted in LDA City Phase 1, via the upgraded computerized system to ensure transparency in the activity. The plot prices will drastically increase after the announcement of plot balloting so this is the ideal time to invest in the property as rates are comparatively low.

Societies Neighboring LDA City
The societies surrounding LDA City include the following,
Immad Garden Housing Scheme
Pearl Garden Phase 1
Valencia Society
Green Town
DHA Rahbar 
Lake City
Central Park
Grand Avenues
Pak Arab Housing Scheme
Garden Town
DHA Town
 
Salient Community Features
LDA City is bursting with high tech facilities and luxuries that include 
Shopping Malls
Education City
18 Hole Standard Golf Course
Sports City
Cineplex
24/7 Security & Surveillance
Community Centre
State of the art hospitals & Clinics
Restaurants
Theme Parks with Gazebos
Well Enhanced Infrastructure & Road Networks
Uninterrupted Electricity

If you are interested in buying a property in Canadian City then contact Apex Group, we will not only render specialized consultation services but also get you the best plot deal ever!

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