Showing posts with label Housing Societies in Lahore. Show all posts
Showing posts with label Housing Societies in Lahore. Show all posts

Tuesday, July 12, 2016

Lda city: Buyers can check payment info online

Lda city: Buyers can check payment info online 




LAHORE: 
The Lahore Development Authority has uploaded information of plot file holders in LDA City, its latest real estate project in the city, on its website.

A spokesperson for the authority said the step had been taken to ensure transparency and to boost buyers’ confidence in the authority’s operations.
He said those holding files of plots in the new scheme could check their payment details and remaining balance by entering their Computerised National Identity Card (CNIC) number and file number at the LDA website.
Separately, the LDA governing body decided to continue a ban on temporary commercialisation in LDA Avenue-I, Jubilee Town and Mohlanwal Housing Scheme.
It decided that the schemes would be developed in accordance with their original development plans.
Commercial activities would be allowed only in the commercial zones identified in the original plans for these schemes, it decided.
Published in The Express Tribune, July 12th, 2016.


Monday, June 13, 2016

Additional Tax on Imported Vehicles and Vacant Plots in Posh Housing Societies


Additional Tax on Imported Vehicles and Vacant Plots in Posh Housing Societies


The Punjab government will present biggest ever size provincial budget on Monday (today) with estimated total outlay of over Rs1.69 trillion, and development programmes of over Rs640 billion, taxes on land and property, token taxes on luxury vehicle likely to revise and taxes to introduce on vacant commercial and domestic plots, some new services will also added to tax net while tax rate to low end service providers to bring down to 5 percent. 

Likewise federal government, the Punjab government has planned to imposed tax on the property which sold before five years of purchases; previously it was limited to two years. The government has also planned to withdraw taxes from cinemas, theatres, and other recreational performing companies in order to promote soft image and revive the social activities and life in the province.




Tuesday, May 24, 2016

Good News for Bahria Orchard Lahore Low Cost Scheme File holders


Bahria Town Has Started Giving possession Of Low Cost Scheme Bahria Orchard

There is Good News for Bahria Orchard (Phase 2) Low Cost Scheme file holders, now Bahria Town has started giving possession of C,D,E,F,G,H & J Blocks. So all file holders are advised to contact Bahria Town to start their possession process.

Once anyone gets possession of one’s plot then He/she is bound to start construction in at least 3 years, after which they will be charged with some hefty amount annually.

Actually Bahria Town wants its customers to construct homes rather than keeping their plots un-constructed because that is how more and more sale/purchase activity will go on when people will see populated society with so many built houses.

Now rates are also going upward in Bahria Orchard Phase 2.
  • ·         8 Marlas is around 40 + lac
  • ·         5 Marlas is around 25 + lac


Also Now Bahria town Lahore has moved its official office in Bahria Orchard C Block which also gives edge to Bahria Orchard.

For your knowledge Bahria Orchard Low Cost scheme was first introduced in Jan 2010 so it took almost 6 years to materialize ones investment.

Approximate Prices when Bahria Orchard LC was started
  • 8 Marlas = Rs. 880,000 + 300,000 (Development Charges) = Rs. 11,80,000/- (Total)
  • 5 Marlas = Rs. 550,000 + 200,000 (Development Charges) = Rs   7,50,000/- (Total)




Bahria Orchard Master Plan

Wednesday, May 18, 2016

Did Bahria Town abandon Bahria Greens Lahore?




Now it looks that Bahria is not interested to continue its project called Bahria Greens supposedly situated at Raiwind Road Lahore near Bahria Orchard. Because now Bahria Town has started refund procedure for Bahria Greens file bearers. 

Bahria Greens file holders are asked to present their original documents and Bahria Town will refund their paid amount within 3 months via cross cheque. This is also applicable for cancelled files as well.

Also Malik Riaz has told the members to discontinue payment of further installments of Bahria Greens until BT revises the payment plan after initiation of development work within a month.

So Bahria Greens victims are advised to take their refunds from Bahria Town’s office in Lahore.

On April 26, 2016, Malik Riaz met with affectees at the Grand Hotel in Bahria Town and listened to the concerns of Bahria Green file owners, he also signed application of various owners at the event and also approved 100% cash refunds for those who asked for it.

Also in last year Bahria introduced merging facility of Bahria Greens files in order to reduce maximum numbers of files revolving in market as all of you know that BT is notorious in over-selling of files.


So Bahria Town hasn’t abandoned Bahria Greens completely so there might be time that BT will start this project in near future but no one can’t say for sure.

Below is given the payment schedule of Bahria Greens when it was introduced.


Below is given Bahria's letter for Bahria Greens file merging





Thursday, May 12, 2016

State Life Cooperative Housing Society Extension (Heaven Homes) is declared illegal by LDA


State Life Insurance Employees Co-Operative Housing Society Ltd. Extension (Heaven Homes) is declared illegal by LDA. So it is advised that buyers should avoid buying property in illegal extension otherwise they will be held responsible for their losses.



Dated: May, 13, 2016


Thursday, April 7, 2016

Maryam Park Housing Scheme Declared illegal by LDA



Maryam Park Housing Scheme is declared illegal by LDA. So it is advised that buyers should avoid buying property in illegal Housing society which is not yet approved by LDA, otherwise they will be held responsible for their losses.


Dated April 7, 2016

FOLLOWING a large number of public complaints against illegal housing societies, Lahore Development Authority (LDA) has initiated necessary legal action against 109 illegal housing schemes.

Officials said the LDA initiated this action under LDA Act-1975 and warned the general public to restrain from making any kind of transaction(s) in illegal housing schemes. They said except LDA no other Authority or Town Municipal Administration/Tehsil Municipal Administration or any local bodies or any other government agency is authorised to approve any private housing scheme/land sub-divisions in Lahore Division after 19.09.2013

They said sponsors of housing schemes and land sub-divisions were not allowed to develop the scheme without approval of Lahore Development Authority. Sponsors are not allowed to advertise any scheme or project prior to formal approval by Lahore Development Authority and after the approval of the scheme/land sub-division, the sponsors are not allowed to advertise the scheme without getting a No Objection Certificate (NOC) from the Lahore Development Authority.

Officials said that launching/development of scheme without approval of Lahore Development Authority and publication of advertisement without obtaining NOC from the LDA are illegal actions and punishable under Lahore Development Authority Act 1975. They said LDA carried out a survey besides collecting land record from TMAs and after scrutiny the following 109 housing schemes/land sub-divisions were found illegal. They said LDA had initiated necessary legal action under LDA Act (1975) against these schemes.




Lahore Boundaries are being defined by LDA due to population increase

Lahore Boundaries are being defined by LDA due to population increase

LDA authorities want to limit Lahore so they are defining Lahore boundaries in order to over come population increase problem. On the other hand private housing societies are not in favor of this decision so they are trying to stop this plan. 

According to details' the population is increasing very rapidly in Lahore as compared to other districts so due to this fact, area in all sides of Lahore is continuously increasing day by day. Everyday different private & government housing scheme are being developed due to which LDA has now initiated a master plan to define boundaries of  all 4 districts (Lahore, Kasoor, Shiekhu pura and Nankana) in Lahore division.

LDA wants to limit Lahore till Soo-e-Asal in ferozpur road further to which boundary of district Kasoor is started. On other side Lahore will be bounded till Dogran Kalan ahead of B.R.B Canal whereas one boundary is mentioned till Faizpur interchange at River Ravi and another boundary will be maintained till Imamia Colony Railway junction ahead of shahdara.

According to sources private housing societies has started campaigning against this proposed plan so that their societies remain in Lahore and they keep on charging rates of Lahore from their customers.



Monday, February 8, 2016

DHA Biggest Phase 9 Prism Lahore Development work started


DHA Biggest Phase 9 Prism Lahore Development work started

An inaugural ceremony was held in DHA Phase 9 Prism Sector P Sector Park for DHA Lahore’s largest phase Prism -9, regarding developmental works. Following are the main points
 Brigadier Zafar Yaseen Babar, Administrator DHA Lahore, inaugurated the ceremony. He told that:
1.    Phase 9 Prism will constitute an area of Total 40,000 Kanals
2.    Development work would be completed in four years, and would have all modern facilities.
3.    A city mall, having latest facilities, a modern university as well as a modern hospital would also be built in it.
4.    Other facilities include Masjids, Churches, Cafes, Golf Courses, Water Theme Parks, Business Centers, a drive-in- Cinema, Polo Clubs, Race Courses, Convention Centers, Electronic Parking System, Emergency Service and a Police Station.
Phase 9 Prism would have:
1.    25, 600 residential plots
2.    1, 900 commercial plots
3.    Maximum length of roads in the phase would be 30 km, which would be 120 to 150 ft wide
4.    Other roads in the Prism, consisting of 2 to 3 lanes, would be 60 to 80 ft wide, and these would be capable of bearing an increasing traffic load.
5.    Service lane would also be built along every road
6.    27 overhead water tanks, along with tube-wells
7.    6 sewerage stations would also be built
8.    6 grid stations would be built for the power supply
9.    The system would be underground While LED lights would also be installed
For security purposes a boundary wall would be built around DHA Phase 9 Prism Lahore.







Source


Friday, January 15, 2016

Park View Villas illegal Housing Scheme (Declared Illegal by LDA)


Park View Villas Housing Scheme (River Edge) is declared illegal by LDA. So it is advised that buyers should avoid buying property in illegal Housing society which is not yet approved by LDA, otherwise they will be held responsible for their losses.



FOLLOWING a large number of public complaints against illegal housing societies, Lahore Development Authority (LDA) has initiated necessary legal action against 109 illegal housing schemes.

Officials said the LDA initiated this action under LDA Act-1975 and warned the general public to restrain from making any kind of transaction(s) in illegal housing schemes. They said except LDA no other Authority or Town Municipal Administration/Tehsil Municipal Administration or any local bodies or any other government agency is authorised to approve any private housing scheme/land sub-divisions in Lahore Division after 19.09.2013

They said sponsors of housing schemes and land sub-divisions were not allowed to develop the scheme without approval of Lahore Development Authority. Sponsors are not allowed to advertise any scheme or project prior to formal approval by Lahore Development Authority and after the approval of the scheme/land sub-division, the sponsors are not allowed to advertise the scheme without getting a No Objection Certificate (NOC) from the Lahore Development Authority.

Officials said that launching/development of scheme without approval of Lahore Development Authority and publication of advertisement without obtaining NOC from the LDA are illegal actions and punishable under Lahore Development Authority Act 1975. They said LDA carried out a survey besides collecting land record from TMAs and after scrutiny the following 109 housing schemes/land sub-divisions were found illegal. They said LDA had initiated necessary legal action under LDA Act (1975) against these schemes.




New Lahore City Phase 2 housing society declared illegal by LDA



New Lahore City Phase 2 housing society is declared illegal by LDA. So it is advised that buyers should avoid buying property in illegal Housing societies which are not yet approved by LDA, otherwise they will be held responsible for their losses.


FOLLOWING a large number of public complaints against illegal housing societies, Lahore Development Authority (LDA) has initiated necessary legal action against 109 illegal housing schemes.

Officials said the LDA initiated this action under LDA Act-1975 and warned the general public to restrain from making any kind of transaction(s) in illegal housing schemes. They said except LDA no other Authority or Town Municipal Administration/Tehsil Municipal Administration or any local bodies or any other government agency is authorised to approve any private housing scheme/land sub-divisions in Lahore Division after 19.09.2013

They said sponsors of housing schemes and land sub-divisions were not allowed to develop the scheme without approval of Lahore Development Authority. Sponsors are not allowed to advertise any scheme or project prior to formal approval by Lahore Development Authority and after the approval of the scheme/land sub-division, the sponsors are not allowed to advertise the scheme without getting a No Objection Certificate (NOC) from the Lahore Development Authority.

Officials said that launching/development of scheme without approval of Lahore Development Authority and publication of advertisement without obtaining NOC from the LDA are illegal actions and punishable under Lahore Development Authority Act 1975. They said LDA carried out a survey besides collecting land record from TMAs and after scrutiny the following 109 housing schemes/land sub-divisions were found illegal. They said LDA had initiated necessary legal action under LDA Act (1975) against these schemes.