In the LDA, fees for land conversion for a medical college can be waived

In the LDA, fees for land conversion for a medical college can be waived

In the LDA, fees for land conversion for a medical college can be waived. The Lahore Development Authority (LDA) changed its land-use regulations for 2020. Under the new rules, the land conversion fee for charitable organizations didn’t have to be paid (December 20).

When WAPDA tried to get permission to build a dam, the LDA turned it down several times before changing its rules. The government has made an application for a conversion fee exemption, along with a trust registration certificate from the Federal Board of Revenue (FBR). It was said that the authorities decided to change the rules so that they would be in line with the laws of the Financial Action Task Force (FATF).

The Lahore division of the LDA has been told to come up with a master plan.

The WAPDA Medical College Trust exchange fee of Rs 54 million has been waived for the first time in 2019. However, because of LDA building and zoning rules, the agency had to pay an interchange fee and make sure there was enough parking and a 9-foot home line on the site. Later, WAPDA asked for a payment plan. It was approved in November 2019. Then, the agency was asked to pay the conversion fee in eight instalments of 6.8 million rupees to pay for the service.

Read more with EL news : RMC decided to inspect the commercial building and clear encroachments

During the exchange of university information, it was said that a medical college in Abdul Sattar Eddie Road was being built in Phase II of WAPDA City. The agency has given 47 canal lands to the school.

Charity groups like the Shaukat Khanum Memorial Cancer Hospital & Research Center and the Tehzibul Akhlaq Trust have also asked the LDA to do the same thing. They want to set up a new university in Lahore called New Aligarh University.

Keep up with Estate Land Marketing for news and updates.

Share this:
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *