LDA approves development fees for the Iqbal, Jinnah sectors
On November 15, the Lahore Development Authority’s (LDA) official Facebook page said that the LDA’s governing body had approved new development fees for the Jinnah and Iqbal sectors of LDA City.
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The decision was made at the sixth meeting of the LDA’s governing board. Punjab Chief Minister (CM) Pervaiz Elahi was in charge of the meeting. The prices will go up for the third round of voting for residential plots in the Jinnah and Iqbal sectors. In addition, the development charges could go up if the costs of development go up, and there are other terms and conditions in the allocation letter.
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Here’s how the new fees are broken down in detail:
There may be a picture of the words “DEVELOPMENT CHARGES” (TENTATIVE) LDACITY JINNAH IQBAL SECTOR SR. NO. LAHORE PLOT CATEGORY (RESIDENTIAL) 2 KANAL CHARGES THAT CAN BE PAID BACK 2 KANAL 4,600,000 10 MARLA 2,300,000 05 MARLA 1,400,000 800,000 The fees listed above have been approved for residential plots that were given out in the third balloting. Cost increases will apply to the development charges. Development charges are subject to the terms and conditions listed in the allocation letters, the time of completion, and the LAHORE DEVELOPMENT AUTHORITY.
According to the news article, the prices may go up when the development work is done.
Besides this, the governing body also decided the following:
Roof gardens and parking spots are now required for all new apartment buildings in the city.
Mosques no longer have to pay sewage fees.
The board approved a better layout plan for the LDA Avenue-1 project.
Setting up a “Settlement Committee” to settle disagreements in projects run by the LDA.
The vertical height of schools can be no more than 48 feet, and no school will be allowed on roads that are less than 30 feet wide.