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07 June, 2018

LDA City Lahore Development and Balloting Updates

Property News

LDA City Development Status And Balloting News

Today we will discuss the on-ground situation of LDA city. We will have a glimpse of the Current status of development, Market situation & Balloting of plots. 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 superbly located in the heart of Lahore with a direct approach from multiple routes and nestled among famous housing societies.

Market Situation

Currently, the market is slow the prices have diminution due to the slow development progress. The development has been stopped due to the land accession dispute. But now, to protect the interest of buyers and investors on the direction of NAB the development process initiated again & soon the market will stabilize.

Current Prices

Current prices in sector 4 & 5 are as follow.

Plot Size

Average Prices

5 Marla

1,400,000

10 Marla

2,200,000

1 Kanal

3,300,000

Development & Balloting

In previous updates it was announced that the balloting will be held in March, 2018 but due to land acquisition issue that has been delayed. It is expected that the balloting will take place in a couple of months until the matters are completely resolved. The map will be released as soon as the balloting will conduct.

The development work is going-on on the basis of master plan currently the development of main roads is almost completed.  The main road of sector IV is in the final stage with the carpeting.

Better Investment

According to real estate Gurus sector IV & V are the best options for investment. Sector 5 has 5-Marla plots & Sector 4 has 10-Marla & 1-Kanal Plots. 5 Marla plots are better option to invest as it’s easy to sell them. 1-Kanal plots are also not bad option to consider as well because there’s a possibility that your plot may fall on the main boulevard in balloting, the profit would be much higher this case.

Salient Community Features

LDA City is abounding with all modern facilities & luxuries

  • Shopping Malls
  • 24/7 Security & Surveillance
  • Community Centre
  • State of the art hospitals & Clinics
  • Restaurants
  • Theme Parks with Gazebos
  • Well Enhanced Infrastructure & Road Networks
  • Uninterrupted Electricity
  • Education City
  • 18 Hole Standard Golf Course
  • Sports City
  • Cineplex

There you have it all, our latest update on LDA City Lahore. Are you thinking to invest in LDA City? & you seeking for further assistance please contact us at Apex Group “Converting Dreams into reality.”


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